RE:RE:RE:What's up with the trades today?A simpler explanation may be price boosting by LL et al to make DML seem more attractive post-meeting, or a Yes vote realistic, post meeting. I wouldn't have been surprised to see an attack on FCU's SP today.
Dev remarked to an audience member, in a defensive rant, about why " people hate the 1%" . (He didn't wait for the whole question)
I have no problem with the 1%; many of us are of above average income, net worth, or both . We're the employers, professionals, entrepreneurs and small business people who move our economy along.
My beef here is with the .001% (LL) who, like his dad, didn't get wealthy by paying full price for assets. He wants this asset and is paying us (the 1%) in devalued currency at a fraction of its worth. I'm glad Dev wants to look out for the staff, but he's equally responsible to us!
LL has our own management singing from his hymnal. If I were getting $3M in real dollars for pushing this through, I might find my ethical compass difficult to follow, but I'd ultimately do the right thing for my shareholders. A reputation is precious and may prove irreplaceable.