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MasterSalix

08/14/08 6:29 PM

#21148 RE: coaldollars #21143

Well, legitimate CEOs worry about the LT share-holders - because it is they that they owe a fiduciary duty to.

The idea is not that Galo would tell us about material events for a ST rise in stock price; it is that he would tell us about material events because as owners of the company it is his duty to do so, irrespective of share price.

Also, I would be VERY worried if Galo would release news or DO ANYTHING because of a potential short squeeze. Legitimate CEOs aren't concerned with such trading market events - and if I owned stock in a company that structured their PRs in attempts to squeeze out short positions I'd be very worried - not only is it not something a CEO should not be worried about (they should be concentrating on fundamentally growing the intrinsic value of the company) such targeted manipulation is illegal...