i view the recent litigation issues as opportunistic attempts by third parties to shake the NCM tree for some easy monies using the negative publicity surrounding a disgraced politician...but this is only my idle/semi-serious opinion about the matter...
i have no idea as to the outcome of legal proceedings but i doubt if it is high on the list of 'bearish items' spooking the 'market' regarding NCM in terms of share price action
within the context of litigation issues (and subsequent major fiscal consequences) faced by other companies like Libor scandal, Toyota recalls, bank fraud, media companies shenanigans, investment banks insider trading etc etc i would have thought that the recent legal issues facing NCM would be viewed by hardened market participants as relatively trifling in nature...which is not to say that it is a total non issue but that any hyping of it by bearish commentators ought to be discounted as mischievously overcooked fear mongering
NCM Price at posting:
$22.18 Sentiment: Buy Disclosure: Held
