Post by
prested on Mar 01, 2021 11:36am
Lawyers don't lose cases
Clients do. That is a tenent of law firms.
Anyone wishing to engage in litigation will always be able to find a lawyer who is prepared to take the case. But, time to a lawyer is calculated in billing dockets and somehwere along the line they want paying, unless the case is obviously egregious like Bhopal where 3700 died. Which took 5 years to settle.
This is an abulance chaser case IMO.
I was thrilled to find the write down did so little to the SP. Obviously, George knows what he is doing.
Comment by
shenry24 on Mar 01, 2021 12:05pm
Exactly. My guess, they follow news releases such as these, then come stock opening, they wait to see if they have a case. It started bad this morning, quickly dropping 15%, it could have gone either way. Since it remained stable, I doubt they'd bother pursuing a case at this time, since substantial losses would be hard to prove.
Comment by
charliebitmyfin on Mar 01, 2021 12:31pm
once a company annoys me with something like this I am out and don't look back, i don't care if they double next week, there are plenty of other stocks, and if a lawyer can put some money in my pocket, i'll take it
Comment by
prested on Mar 01, 2021 1:33pm
The chances of a getting money froma lawyer is unlikely Charlie. As the old joke goes, "I saw a lawyer yesterday with his hands in his own pocket!" I am sure your presence here will be sadly missed.