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Daveknowsnothing

09/11/15 7:09 PM

#313503 RE: oneflew12 #313501

Perplexed myself.....the writing is on the wall...

JosephS

09/12/15 11:01 PM

#313549 RE: oneflew12 #313501

The problem is that this is entirely up to the courts unless enough political pressure is exerted to get a settlement proffered. Until the government openly says they will settle, this sits. Delay is the only game. Try to run out the clock. Delaware is different. The Delaware strategy is black and white. It has been affirmed many times. Last I remember was cox cable. I thought the net worth sweep was different, too. Didn't see that coming. I think that the press can get a settlement by bringing out the truth. I speculated in this. Yes. But 2/3 of the shares I have were bought before 8-17-12. All shareholders need to be treated the same, though. That's America and American.

This may continue to fall until a court rules properly. Then appealed. Then likely Supreme Court. Long haul. Many opportunities to trade in common. Buying here and buying lower should be tradable. Don't invest all your powder. I'm betting with the smartest hedge funds and attorneys in the world now. It wasn't like this in 2009. It was lonely back then. Gator Capital and Kyle Bass were the only ones that were in. I bought more as they bailed their positions. Simply because of the 5th amendment and thinking about the Bear Stearns situation. Not a recco.