Perhaps a better way to have a discussion with a person like you is to ask you to explain the overview ?
You seem to be distracted with arguing - rather that realistically looking at the actual state of affairs -
It is fairly easy to pretend to be an authority of the situation and to focus on a small fragment - and whether that will have an impact on the outcome - it presents with a certain credibility - but in the end I think from memory SGH was in debt for over 800mil - the hedge fund bought that for 250 mill - so that is all they need to recover - they tied the whole thing up neatly to ensure that they would receive any incoming money -
However to actually come out and proclaim that there will be a certain recovery from a lawsuit is quite misleading- until that is fought and won - it is a bit of a stretch-
SGH Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
