Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (31012)	3/20/2004 1:45:07 PM
From: Larry S.	Read Replies (1) \| Respond to of 206146

the class actions suits are for the lawyers. no one else makes any money.

To: Paul Senior who wrote (31012)	3/20/2004 2:05:36 PM
From: Condor	Read Replies (1) \| Respond to of 206146

In my experience, as you join the class action, you will be asked to declare your in price and out price and relevant transaction dates. However, it may be that in the settlement phase they get sloppy and award bulk in the haste to clean up the business at hand. One time, an insurance co. that I was a customer of went bankrupt. It was almost at the end of my annual insured period and hence (by luck) I was about break even at that moment. However since I was a customer at the moment of bankruptcy I was on the list of debtors. For about three years thereafter I was sent part settlement cheques as incremental court awards were made. I made about $ 1000 on the situation. Of course I sent all the underserved money back since I felt sorry for the insurance company. ;o) Cheers C