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Koufax

03/17/11 3:56 PM

#26281 RE: rjeezy007 #26280

I doubt that Starr is out. They haven't filed any Form 4s. I suspect that they are in and are consulting with their own lawyers about what to do next.
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zturk

03/17/11 3:56 PM

#26283 RE: rjeezy007 #26280

That all we need now. More days of speculations and innuendos
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chensiona

03/17/11 3:57 PM

#26285 RE: rjeezy007 #26280

Yeah from March 3rd, Starr and shorts knew everything. I wouldn't be surprised if Starr went short too. Looks like the CEO may not be the man of integrity everyone thought and now that Dorothy Dong is gone there doesn't seem to be anyway this can be resolved.
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ratobranco

03/17/11 3:57 PM

#26288 RE: rjeezy007 #26280

CCME - Starr may already be hedged by puts or related-party shorts, which would be a positive b/c it means less shares would need to get out the door on the open. 75% of the float is short, so that means 75% of sellers here should eventually have buyers. Of course it's going to tank but that's better than a zero.