Re: SEC probes Doyle
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No, but I can see him being retarded enough, to get involved with people who would, without any actual dishonest intent on his part.
Mack
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Without knowing Doyle but knowing a little about those situations, this is the explanation that best fits the known facts, IMO. That's assuming Doyle isn't a financial genius and would be unable on his own to say whether WPT was worth $700 mil or $300 mil. It could even be his whole group falls into that category and the money was made by wall street traders - but that's not likely. More likely, either one of his investors or, possibly, an advisor was playing a side game on his own. Part of the answer may lie in why the stock was worth 18 before the bid but 6 after. Was somebody accumulating prior?
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