Wow, was i ever wrong. I thought nothing wouldmcome of this. Of course im sure they will appeal. Theres no proof... Either way, its not 1.2 billion ha. Would like to see that kuwait money to offset this bash
Yes, it's not $1.2 billion as of now; but, the article I read indicated that triple damages could still be imposed on top of the $400 million. So, I wouldn't rule out the $1.+ billion judgment against Dow yet. In any event I look for Dow to threaten an appeal and try to settle with the plaintiffs in the $100 - $200 million range, imho. Dow will then certainly appeal this if they can't get the lower $ settlement amount they want from the plaintiffs. Just my 2 cents.
I can predict the S&P all day almost to the exact number. But Dow seems to have a mind of its own lately. It used to double what the S&P did. Im down .2% for the year as of today. Im going to find a new stock to trade if Dow doesnt get its act together. I was up 4%. I have to make 33.5% to maintain my minimum goal for the year and Dow needs help at least a little. Ha