GREY:STPJF - Post by User
Post by
adamsighton Jun 03, 2014 5:23pm
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Post# 22626705
yeah whats that
yeah whats thatMore turds
stinky stinky...
I topped up when we were told ICD installs and Senlac drill out was around the corner .32 cnt range
I read those rules on material releases and I gotta wonder who enforces them and how does one formally inquire if a company is following them. No accusations but I would ask the question about that RBC cross jamming down our shareprice. As they are under contract are they not bound by insider selling rules????
If someone whispered into my ear, dont ask that question anymore, I gotta say I would give them one big earful, and it wouldnt stop with that phone call there would be letters materializing out of thin air.
40% deterioration in one month is irresponsible and the coup de gras is RBC after market cross below the regular market closing price.
I am thinking if we are this pisssed offf there are a few funds who are probably talking to their lawyers right now.
That and that alone is what is making me smile about the last few weeks.
If lawyers get into the mix we will likely loose everything and get no value, this being said I have seen companies in the past where whether they were innocent or not, management lost everything defending themselves, houses, cars etc. Lawyers are expensive and often they cant use company money to defend themselves. They likely have insurance but....
Lawyers fees are attrocious and if someone sues you you can go broke quick. I was on a board once and we had insurance to protect us against people suing us. Sadly insurance companies have lawyers too and more often then not it is their questions about this or that which reveal a questionable decision by a board member or by management Then they say well, insurance policies dont cover the actions of companies decisions when it is made that way. If there are questions or lawsuits insurers will say yes your covered all while insuracne company lawyers begin looking for loopholes not to pay. If they find one then its a rat out or run for the exit festival
Yeah a law suit would be a bad thing.
Hope we dont go that way, I would hate to see management have that kind of stress.
A