Mikey Sylver is watching. I understand he's quite obsessed with the question of shorting. Unlike Judge George.
you forget defendants can not short without being in contempt of court
Last I heard, NITE, National, and MHMY weren't defendants.
you say marcasse cover did you not? but look who short naked from canada now!! lololol !
Don't be such an ass, Spidey. You have absolutely no way of knowing who, if anyone, is shorting today. Yes, Marcasse covered. Far as I know he has no intention of getting back in. Though frankly, the stock looks to me like an extremely attractive short. That transcript is, in my view at least, pretty devastating.
13 THE COURT: Well, and I have to tell you that, again,
14 if I understand what's happening, the reason that we have this
15 circumstance with or without Mr. Judd's client being a good guy
16 or a bad guy, you've created that circumstance. And I don't
17 know why the Court should issue an order that may have a
18 profound impact upon outsiders who didn't participate in the
19 alleged fraud.
20 You're the ones that created this circumstance so that the
21 stock went out. And you're the one that chose to deal with
22 Mr. Judd's client.
And let's not forget:
17 THE COURT: And I don't get the feeling that the
18 plaintiff is not without some level of culpability here as
19 well. You should know that.
20 I can't imagine this idea that you execute the stock and
21 give every impression that there are no limitations on it
22 relying somehow on it being illegal to do so, though you
23 testify that nobody knows about it, and that troubles me.
As always, only my personal view, but I think Mikey was a fool to bring this case, and will deeply regret having done so. |
