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  #15  
Old 07-26-2013, 11:27 PM
Pooka Pooka is offline
Pooka
 
Join Date: Sep 2005
Posts: 664
When you have been watching this stock stuff concerning oil companies for 40 years then please get back with me.

I used to talk to these investment guys are the time and they always wanted some inside tip into how this case was going or that case was going. Nobody wanted to see the stock tank if the company was hit with a mega fine, and when you are dealing with cases like this no one knows until the Judge signs off on it just how big a hit you are going to take.

Yes, $200,000 is small change, but until the deal was struck nobody knew if that was going to be the max or if some hard prison time was going to be handed out.

Investors hate the unknown. There is too much risk to manage for what you might win or lose when the Courts are involved.
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