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be_real

09/26/13 11:08 AM

#147704 RE: flybyday #147703

Fly, if nothing can be "done" about that (not saying there can or can't be), then the stock will languish around this s/p, until (???) or if they can get much larger contracts, orders, revenues, and generate profits.

All JMHO

rwehapi2003

09/26/13 11:09 AM

#147705 RE: flybyday #147703

Fly, I was wondering the same. LJC is wrapped up in the courts with us, but there's nothing to prevent them from doing what they do until they are ordered to stop.

If I understand it, since their true-up payments are based on VwAP, closing price has nothing to do with the cost basis. If they can create large volume with trades at a price lower than the closing price like we see are seeing now, they can benefit. They are already sitting on 85M shares - yikes.