Archives for: November 2008, 17
Cuban Charged With Insider Trading
According to CBS 11, Mark Cuban has been charged with insider trading for dumping his stocks in a Canadian company called Mamma.com.
The charge is a civil complaint and not a criminal complaint. I guess that's a good thing, sounds to me if he loses he'll pay his fine and interests due and be on his merry way without any jail time.
According to the article, he dumped all 600,000 shares of stock when he learned from the CEO that they were going raise capital with a PIPE (private investment in public equity) offering.
You can read the complaint filed in federal court in Dallas here.
You can read the article here.
Cuban: Kidd Trade For Harris A Win-Win
Mark Cuban claims the trade for Kidd that dealt Harris to the Nets has been a win-win situation.
I actually have to say no on this one Mark. It's not a win-win trade. Devin Harris is only destined to get better, he's young, he has years and many years left in him. Kidd will be gone and out of the picture soon. Where does that leave the Mavericks? In search of another PG because I'll be surprised if Jose Barea fills that role.
Unless the plan all along is to try and lure Harris back, which I think every Maverick fan would like to see and welcome.
Cuban was quoted saying from the Star-Telegram, "It is what it is. Jason Kidd has been our best player by far. There’s no question about. It’s a win-win. J-Kidd has just been phenomenal, so it’s been a win-win trade."
Read the article here.
Mavs Win In OT
So can we start winning again? I was actually worried about this game. Any other game against the Knicks in the past few years and I wouldn't have been worried. But the Mavs finally beat the odds of playing so shitty in the final quarters to tie it up and take control in OT for a 124-114 win.
Nowitzki had 39 points and 15 rebounds. Howard had 31 points and 14 rebounds.
The Mavericks avoided their first 6 game losing skid which was back in March of 2000.
