InvestorsHub Logo
icon url

Mr Sensitivity

11/08/13 4:49 PM

#9966 RE: Play4keeps2 #9964

If you were J&J what would you rather have to deal with? Explaining the loss of a $12.7 million bond or being found liable for anti-trust behavior? Which of the above will bring in the securities regulators and the entire nation of class action firms? The sad part of this deals with the calendar. If all of this happened in August and September, J&J would be staring at disclosures in their 10Q for third quarter 2013. However J&J already reported their third quarter and companies do not report fourth quarters, only year end, so J&J has until March 1, 2014 to decide how horrible their horrible situation is. Read the judge's ruling on the sanctions of J&J's attorneys. He paints a yellow brick road map for DECN.

Looking at this another way, who would you rather be, Kathleen Sebelius or the CEO of J&J? What terrible choices.