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flybyday

09/03/14 2:27 PM

#154678 RE: coastiretired #154677

Wow how exciting for you to bandwagon LJC's case. I guess when you report the goings on about a year from now it will be exciting for you then as well? I would think the case will have been settled a year from now but if not am sure discovery and depositions will be fun for you to report on as well? I never assumed the shorting case would have legs without a forensic trading investigator any way since shorting from the box is difficult to prove. Get it?
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rwehapi2003

09/03/14 2:42 PM

#154679 RE: coastiretired #154677

Coasti, if they are going to trial and one of the assertions involves breach of contract, doesn't the allegation of shorting by LJC enter into the picture since the contract had a no shorting clause? Or maybe boxing or putting or whatever mechanism will get them our of the strict definition of shorting even though the same results occurred - LJC benefits through direct or indirect depression of share price.

I guess we will see which way this proceeds through the coming year of pacer filings.