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LetGoodTimesRoll

05/05/20 10:15 PM

#79255 RE: HFM2 #79253

Yep, what HF said!

$DECN
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loanranger

05/05/20 10:33 PM

#79258 RE: HFM2 #79253

If you or Berman think he can change the course of this process you have another think coming.

"The SEC played its hand too early"
It's not a game to them. As soon as they are sure that a suspension is warranted they issue an order.

The suspension order was justified at the time of its issuance. In the unlikely event that a kit is approved and sold there would be no repercussions for the SEC.
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Johnny_C

05/06/20 12:24 PM

#79395 RE: HFM2 #79253


There is a card game called poker (e.g. Texas Hold'em). In it players sit around a table and they take three cards, then wait for "the turn" (4th card dealt) and maybe risk losing it all on "the river" (last card dealt). During this time contestants observe physiological signals from other players (a twitch, a slight grin, eyes opening slightly, hand trembling, nervous feet shuffle, clearing of throat, etc.) to see what those expressions may tell them about the player, and what the player might be expected to do next or "next time." You can raise, you can call - all in relation to what another player does.

The SEC played its hand too early, if it was in bed with BP - unless there is more to the drama - as now seems likely.

You asked "why did he wait" - it's a gambling strategy - maybe you don't raise on the turn, but at the river, or maybe you raise right away to get people guessing. I don't know if Berman is a player, but he is definitely playing his hand with DECN. The SEC made a move, he waited . . . now he makes a move . . . perhaps more, who knows. Maybe the SEC will "call" his hand. Maybe a Senator will "raise" the SEC. We have time.



Smart players don't reveal the strength of their hand for nothing. Raise the pot.




So suspending a Company from trading , especially one that trades about $200mm dollars since the press releases, is a card game for the SEC.

Righto...