On balance, I suppose that Mr. Gross buying 30,000 shares as opposed to selling 30,000 shares is a plus, but given the size of his position it is a non-event. What is giving me additional concern is the deafening silence by CCO in this matter. An earlier post (Ed?) mentioned that Ware requested a letter to garner publicity not be written or something to that effect.
We are well beyond the point of patience. Just think about it again--- it took 6 or so months for 3 guys in black robes to tell the state that they better pay "just" compensation. The states reaction--No kidding, lets get on with the delays. We need more time to decide our options.
Just asking a question, where is the Lykes interest in all of this? Could it be that they are content with the snails pace of the proceedings, since it is bleeding CCO's (Coastal Petroleum's)cash, which at some point would allow them to steal another big % of Coastal Petroleum. What did they pay for 30% (40%) of Coastal Pet. $600,000???
We need to shine the light on these proceedings, lots of it.
Whether it is an oil company or a plaintiff in a tobacco suit should not make an iota of difference. We are a country ruled by laws, but the state of Florida is making a mockery of that. In Florida, the rule is by petty politicians and, sad to say, the politicians in black robes.
An honest judicial system would have settled this case years ago.
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