Replies to post #431 on General Maritime Corp (fka GMRRQ)

[benny743]

i grabbed some today....my guess is that something big is coming because the buying made no sense...UBSS and VFIN were fighting for shares like crazy...if they are to get a majority for a vote this was them doing it...who knows R/M, Acquisitions....i think something is brewing here and a few on here were lucky to grab shares!

[drrugby]

BK, The filing by the creditors committee is an interesting find..

Hedge Funds that get into BK Companies have a history of alledged BK Fraud.

Especailly when the fund does not take a role as in a Credotir Committee. Which has Stock Trading rules. They can not trade.

Delaware BK Judge has found that in her Sept 2011 Ruling in the WAMU case that Appolusa, Aurelius, Owl Creek (AAOC) Hedge Funds were (Alledged) trading BK Stocks and Bonds with Inside Information. And had a blocking position when negotiating with settling parties.

If the Debtor Crashes this Equity Party..

IMO: There is a case for BK Fraud here and Fraudulent transfer..

If Executives sold the company to Oak Creek for pennies on the dollar for a prepackaged BK loan value to ditch equity.

Then The Executives should never should have been paid bonuses..

anyway..

Lets go discover the Hedge Fund..

GLTA..

GO GMRQ Go..

DrR..