Counterpoint
in response to
by
posted on
Nov 21, 2012 12:11PM
It's too fast, IMO. Too good to be true... or to likely do us much good.
Remember that success on the legal front doesn't have to equate to increased shareholder value. DM and EDIG made money on settlements. We did not (as least I didn't). Those who got the timing just right and traded for pennies might have made some money during settlement activity, but that probably only applies to a few.
I don't want to wait forever for court hearings or trials either, but history has shown that simply getting numerous small settlements won't affect the share price in a significant or sustained way. Lawyers don't like to work any harder than anyone else. What satisfies them doesn't have to satisfy us. There could be a very tiny chance that I'll have to eat my words but does anyone realistically think that settlements large enough to significantly increase our share price will come out of just a few months work by Handal & Associates?
Anyone who does may be over-estimating the value of the re-exams, IMO. Handal may very well achieve a better cost/benefit ratio for settlements than did DM but again, that does not necessarily trickle down to us shareholders.
I still think that a Nunchi surprise is the best and probably only real hope we have for increased shareholder value.
- Sinkman