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Post by rc1974 on Aug 29, 2013 9:23:33 GMT -5
God bless you Angles, for what you are trying to do!
Good luck to us all. RC
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Post by kadokowl on Aug 29, 2013 11:20:33 GMT -5
Thats debatable. And if you would be entitled to any amount it be substantially lower than those who held through cancellation. That seems like the more logical rational if you disagree then sell your shares if you disagree but want me to sell my shares for some lame excuse like you care about my overall financial condition then quote the law that backs up your words. Otherwise i'll stick with my strategy. Its not debatable at all. You clearly are incorrect. I gather you have never participated in a class action suit. I have in several. So here is your proof: Pay attention to questions 12 and 15... But read the whole thing. The only relevant info is when you purchased, not when you sold. If you purchased before the Chapter 11 started, you man not even be included, even if you held till cancellation. So, if you make the decision to hold, at least base it on facts. www.sfmslaw.com/frequently-asked-questions.html12. What is the "class period" in a securities case? The class period is the time during which it is believed the alleged fraud or other securities law violations caused the price of the stock at issue in the case to be artificially inflated. Only investors who purchased stock during this period are included in the class action suit. Initially determined by plaintiffs' counsel after extensive research and investigation, the class period may change during the course of the litigation based on information learned during the discovery (information-gathering) phase of the lawsuit. 15. Can I sell my stock in the company being sued and still be a class member? "Yes. You do not need to keep the stock after the class period has expired to participate in the lawsuit, as long as your sale results in a loss. If you have a gain, you do not have any damages to recover. " Yes and who's to say when the class period started and ended? Better to be safe than sorry because I'm no legal expert and I'm not about to take legal advice from a guy on a message board. Lol I like my chances and will let this bad boy ride out till the end Reguardless. Holding is just a guaranteed bonus I'm included in a class action that way there's no doubt.
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Post by kevinblandford on Aug 29, 2013 11:38:29 GMT -5
owl is covering both sides
he has BOTH options by staying put
the buyout
or the class action
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Post by kevinblandford on Aug 29, 2013 11:39:04 GMT -5
if he sells
he only has the class action
you understand?
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Post by sarah7d on Aug 29, 2013 14:49:04 GMT -5
Hope is the last to die.......
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Post by kevinblandford on Aug 29, 2013 14:59:19 GMT -5
only to those giving up
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Post by subzeroooo on Aug 29, 2013 16:48:09 GMT -5
as per the 8K filed today, Kodak still has no confirmed date on which the POR will be effective. How many want to bet the stock will be trading next week beyond 9/3?
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Post by littlefred747 on Aug 29, 2013 16:54:01 GMT -5
as per the 8K filed today, Kodak still has no confirmed date on which the POR will be effective. How many want to bet the stock will be trading next week beyond 9/3? Subs...it certainly looks that way...any trading on or after that date will be like one of the Willenda's working without a net.
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Post by littlefred747 on Aug 29, 2013 16:55:38 GMT -5
as per the 8K filed today, Kodak still has no confirmed date on which the POR will be effective. How many want to bet the stock will be trading next week beyond 9/3? Is there a point in the drawn out process when the shorts capitulate?
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Post by kevinblandford on Aug 29, 2013 17:17:01 GMT -5
as per the 8K filed today, Kodak still has no confirmed date on which the POR will be effective. How many want to bet the stock will be trading next week beyond 9/3? Is there a point in the drawn out process when the shorts capitulate? yup when an offer is made
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jr
Junior Member
Posts: 134
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Post by jr on Aug 29, 2013 18:44:38 GMT -5
Hope is the last to die....... So is delusion.
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