Originally Posted by
homer985
And FWIW, I wish the best of luck to those of you joining Hartleib -- not Hartleib himself -- but those of you who are joining him. I hope you've shielded yourself from the possible countersuits.
Reading his complaint only confirmed my suspicions about him that I've discussed at length... he is only furthering his agenda that he has had for a couple years now. But now he's suckering in you guys to help foot the bill, playing off your emotions of a depressed stock price. Emotions need to be checked at the door when it comes to the stock market.
Ask yourself this... if Karmazin did do what Hartleib claims, taking the company private at a cheap price -- do you really believe that there wouldn't be a slew of lawsuits? Of course there would. Or do you believe that there wouldn't be a bunch of lawsuits if any of the accusations that Hartleib made came true? Of course there would. So why then would you rush out to join Hartleib now, being a party to potentially libelous statements and putting yourselves in a position for a countersuit?
If any of what Hartleib alleges is true, then there will be lawsuits out the wazzoo that all shareholders could be a party to -- and not have to worry about reprecussions -- due to a disgruntled shareholder with an ax to grind against the company. I have no problem sitting on the sidelines watching you guys take the bullet. If it's true, I'll have no problem joining one of the OTHER numerous lawsuits that would be filed -- but I trully believe that that won't happen. So for now, best of luck to you... I hope you're protected.
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