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Lions Gate Entertainment Corp. Message Board

paths_ca 1 post  |  Last Activity: Apr 22, 2015 4:35 AM Member since: Nov 18, 2000
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  • Disappointing that it has taken over a year now, since March 12, 2013. No need to take that much time?? This is the second FTC investigation, so they already had a head start. It is not complicated, no rocket science here. At least they should have been able to completely clear the company many months ago, and make it clear that it was only an investigation into short selling abuse, not company activities. Before this was a case of a hedge fund successful in buying an investigation. I hope it soon becomes clear that what all they really bought was an investigation into themselves.

    Since the investigation was bought through political connections, one might not expect any harsh retribution for the fund. Since I am very annoyed with the hedge fund and the manager involved, I don't want to give them the respect of referring to them by name, even if just to criticize them. In a way the share price is saying that the investigation is over for all practical purposes, but still are 29 million short. Ridiculous, how can people in control of that much money be so dense. I think because they are following a manager rather than thinking for themselves.

LGF
36.85-0.07(-0.19%)Jul 6 4:02 PMEDT