I welcome short sellers who may save me from myself when I take a long position.
It's old news though that the market is doubtful about the SHJ WIP, if there's any new arguments you have I would like to hear them.
My position hasn't changed much - it seems very unlikely that SHJ has chosen cases they can't win, which is effectively the bear case here. That would make them the only speculative fee lawyer in history who did so, rather than cherry picking winners.
If they have it would almost be better as they would have given a few scumbags the treatment and fought for the little guy. Well worth it but I really doubt that has happened.
They have impaired the WIP already, and the didn't spend $1bn buying a fraudulent company in the U.K. when their big brother SGH was losing its cool.
The stock price is up a lot on what I paid which should be cause for doubt and further introspection. The comment that outcomes are regulated was an interesting one.
Cadence capital uses a combination of technical and fundamental analysis and are short - not exactly Glaucus dropping a bombshell on us. Unless they have a good reason to share with us then I wish them well with their navel gazing.
GLTA
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Price($) | Vol. | No. |
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