Mike, 'one without legal experience' that would be you......... No one can predict the final outcome in this case yet, but, you obviously don't have an understanding of the normal legal process in a Civil Law case. One requirement in Civil Law is that both parties are required by law to be responsive and forthcoming in the discovery phase. (both by way of documents and deposition) You be the judge for a moment. How do you feel about the 23000 pages and then the next 56000 pages of relevant documents not disclosed by NS and/or WLE in the original Discovery phase? or, the lack of candor and preparation during the depositions? I will help you here, the judge 're-opened' the case Discovery which there is normally a real reluctance to grant. Another way to interpret NS and WLE behavior during Discovery is as a direct insult to the judge, the court and the law. Contempt is a legal term if you need one. The case Judge has been and remains very professional in this case. It is unlikely, however, that he has not noted the lack of openness and forthcoming. We shall see........but, in the meantime, I'll hold my shares and add if there is a pullback! Good luck with your investments.
I believe that it has become obvious that the railroad property is worth a lot more now that the shale oil/gas bonanza is underway. I imagine there are a number of companies that would be interested in acquiring the rail property if the lease is reopened by the lawsuit.. In my opinion, NFS/WLE have fumbled this one badly. What started out as a dispute over a few thousand bucks to cover some legal fees has resulted in the exposure of a whole series of highly questionable transactions (many of which would appear to be clear violations of the lease agreement) that were withheld both historically from PW and more recently from the court during the case discovery. I would expect more than one bidder if there is a buyout.
nuff said..... BABA is very high risk! Either huge gainer or huge loser.....not for average investor!
As resolution of 'legal action' approaches. If logic, fairness, and common sense has any bearing on 'civil law', this should be a no brainer. It will be interesting to see if 'big money' wins over the rights of the property owner. Good Investing, Longs! IMHO
I am quite confident that the NSAM/NRF package will be fine in the long run, but, Hamo has obviously lost control short term! IMHO
Get a grip......It wasn't the CEO who made your poor investment choices......You should be banned by Yahoo for threating violence!
By all means....short, short, short....you idiot! It is only a matter of time until PLUG is going significantly higher! Hydrogen is a no brainer for playing an important role in the future energy solutions for major developed economies of the World.
How does he keep his job?
Great post, dar! Many thanks from 'non finance' guy! Question: If NRF is going to pay this kind of premium to sell shares, why not offer say a 5% discounted DRIP to shareholders? Reward the loyals while retaining a nice chunk of change in house?
Ahhh, but, Russ is looking forward to the long haul! The mine will be ocean front property sometime in the next 10 million to 50 million years! Long term investors will be loading up......! He always has the stockholders interests in mind......!
Probably bigger bonus for Immelt and his team, plus, increased option awards? After all, their earlier option awards haven't paid-off nearly as much as they had anticipated......
Your best post in days, Big H............under any of your user names! Full of worthwhile content for a change!
One has to believe something is about to be announced. Meeting on the 5th, makes the timing about right!
the main reason is......because it is selling for only $5.54......... You may want to process that for a while and you may be able to answer your own questions in the future?