Not really sure, but following Fridays gain of around 30% and being up again today around 50% would lead one to believe that the motion for continuance requested by MOSH will be granted, thus shedding a whole new light on potential outcome of this suit.
Many here today, including myself, feel this could indicate that somebody knows something that is not yet public knowledge.
A settlement is most likely completed or in the works with JPM. This settlement should include $$$ for MOSH which will be paid to the unit holders and the legal expenses. I have been trying to get more info but no one is talking and everyone is buying. I wonder what that means???
After we settle and get JPM out of the way MOSH will be able to go after PXD and Woodside full steam and should get a settlement in the hundreds of millions! This is the only logical explanation MOSH is requesting a NEW docket control order and not an amended one.
I don’t think you will see these prices for long. MOSH is in the best position I have seen since I have been following it.
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