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Post by jcline on Mar 7, 2006 21:40:58 GMT -4
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Post by kranker on Mar 7, 2006 21:48:38 GMT -4
Bubba is warming up the cell, as we speak.
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Post by crawdadds on Mar 7, 2006 21:52:08 GMT -4
Camelback published "special reports" in total disregard for the truth.
Byrne is now positioned in the drivers seat.
Really good stuff.
Thanks Judy.
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Post by meeke on Mar 7, 2006 21:53:32 GMT -4
Bubba is warming up the cell, as we speak. Martha is Baking a Dozen SPECIAL CAKES for them to enjoy. Now how many EXLAX is she putting in them?? JIM
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Post by jcline on Mar 7, 2006 22:20:15 GMT -4
Let's see.... how many orange suits should we order?
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Post by jcline on Mar 7, 2006 23:31:36 GMT -4
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Post by crawdadds on Mar 8, 2006 0:06:52 GMT -4
87 pages. I will read the rest tomorrow. Good night and thank you for all of this info. Are we some how connected to some or all of these evil hedge funds? These people are pretty bad and should be incarcerated for many, many years. Thanks again.
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Post by jcline on Mar 8, 2006 10:13:29 GMT -4
Crawdads, if hedgefunds ever had to report their positions ( and especially SHORT positions) I think most would be shocked at how they have taken advantage ( and that is putting it mildly) of the investing public and our capital markets. The fact that the battle against this type of pillage has taken 10 years or more is shameful to say the least for the regulators....abysmal for the USA....and it is no wonder other countries find it easy to take all they can. Who is going to stop them?
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Post by jcline on Mar 8, 2006 10:17:11 GMT -4
Overstock.com suit can proceed Calif. judge denies defendants' anti-SLAPP motion E-mail | Print | | Disable live quotes By Ruth Mantell, MarketWatch Last Update: 12:50 AM ET Mar 8, 2006
SAN FRANCISCO (MarketWatch) -- A California judge has allowed Overstock.com Inc. to proceed with its suit against Gradient Analytics Inc. and Rocker Partners LP, Overstock said Tuesday evening.
Superior Court Judge Vernon Smith in Marin County, a San Francisco suburb, denied the defendants' motions to dismiss the suit under the anti-strategic lawsuits against public participation (SLAPP) statute, Overstock said.
OSTK22.92, -0.06, -0.3%) alleges research firm Gradient Analytics and hedge fund Rocker Partners "colluded to drive down Overstock.com's stock price for their own profit." The original suit was filed in August 2005. Smith ruled that the anti-SLAPP statute addresses commercial speech, and Rocker's "alleged misconduct in conspiring with Gradient...is not, on its face, promotional in nature," according to Overstock.com.
In a statement Tuesday, Gradient said the company plans to immediately appeal the ruling. That action could delay proceedings in the trial court until the appellate process has been exhausted.
Scottsdale, Ariz.-based Gradient said First Amendment case law protects its rights. "If this decision stands, independent financial analysts will become easy prey for the companies they study - and everyone would lose," Gradient said.
The Securities and Exchange Commission is investigating allegations of manipulation regarding Overstock's shares.
Ruth Mantell is a MarketWatch reporter based in San Francisco.
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