News Focus
News Focus
icon url

learningcurve2020

08/27/23 7:18 PM

#625341 RE: HappyLibrarian #625329

Completely correct.

"It comes across as another in a long series of shiny things to act as a pressure release valve so that the payoff for shareholders can be delayed for reasons that make no sense. "
icon url

The Danish Dude

08/28/23 2:55 AM

#625410 RE: HappyLibrarian #625329

They shattered trust that was just beginning to be restored and nothing they’ve done since has helped repair the damage.

So by the time they talk about spoofing, we just aren’t going to credit it.



LOL! Up there with the worst explanations I have ever heard!

One does not just get a lawsuit - wherein one charges 7 market makers for a billion dollars short and distort scam - taken on contingency, by one of the most prestigious and succesful lawfirms in the US.

When that happens, shit is real. With defendants obviously not even managing to put up a defense against the plaintiffs accusations, tells us this more than real.

So "We aren't going to credit it", is one helluva bad excuse for trying to put the lawsuit and "its merits out of the equation".

Doing that, one has to absolutely have dishonest intentions, there is no other way around it.

By all means critizise management, when it's due, but ANY attempt trying to explain the SP decline without the spoofing .... LOL