Search Results for “citron”

Fraudulent market-moving tweets net $97 in profits and a criminal indictment

The SEC yesterday announced a lawsuit against Scottish trader James Craig for imitating Muddy Waters and Citron Research twitter accounts and in those fake accounts alleging fraud at public companies that caused stock declines. For details, see the SEC complaint (PDF). The SEC’s complaint alleges that Craig’s first false tweets caused one company’s share price … Continue reading “Fraudulent market-moving tweets net $97 in profits and a criminal indictment”

A few links to help with pump & dump research

Messageboards I read these messageboards without fail. All these messageboards are active and have optional RSS feeds. SI Paid Mailers iHub Franklin, Andrews, Kramer, and Edelstein (FAKE) iHub DD Support board and Fraud Research Team ihub Spam and Scam The Penny Stock Bar (Cheers) Websites / Blogs These are the best blogs that cover pump … Continue reading “A few links to help with pump & dump research”

Learn the secrets of reading SEC filings

Readers of my blog know me as a successful day-trader. However, before I had heard of Timothy Sykes and turned to day-trading, I had an incredible run as a fundamental short seller of penny stocks. I amassed a large amount of money by betting against fundamentally flawed companies after doing in-depth research. Now that I … Continue reading “Learn the secrets of reading SEC filings”

The Single Greatest Analyst / Investigator / Short-Seller the World has Ever Known

While I wish I were referring to myself, I refer to Andrew Left of Citron Research (see my other articles referencing him). Once again today his bold assertions of fraud were vindicated when a court ruled that Conversion Solutions Holding Company & Rufus Harris did bad things. The SEC’s press release on the matter is … Continue reading “The Single Greatest Analyst / Investigator / Short-Seller the World has Ever Known”

Andrew Left Vindicated Again

Those of you who read this blog probably know about Andrew Left. He is a well-known short seller of penny stocks who has successfully identified multiple frauds. I admire his thorough research although I do not always approve of the inflammatory language he uses (and I certainly do not approve of the garish design of … Continue reading “Andrew Left Vindicated Again”

Playing hot potato with the shares of an overvalued microcap

If you are not from Germany then the only time you have probably heard the term “Landesbank” is in relation to the subprime mortgage problem. WestLB and IKB required rescue from their owners after speculating and losing billions of dollars in subprime mortgage securities. Their peer NordLB (or for the German-speaking, Norddeutsche Landesbank Girozentrale) evidently … Continue reading “Playing hot potato with the shares of an overvalued microcap”

Welcome to the Remote MDX Bashing Party, Andrew

Andrew Left of Citron Research posted an article slamming Remote MDX (OTC BB: RMDX) back on December 4th. He got a decent amount of attention for it, too. Yet he is a little late to the party: I have been on that company’s case since August 20. See my two posts from that date on … Continue reading “Welcome to the Remote MDX Bashing Party, Andrew”

I answer the questions my readers’ searches pose, Part II

Q: Is NNRI very undervalued? A: Ha ha ha ha. Seriously, what is wrong with you? What could be undervalued about a little over-hyped penny stock with no assets, no sales, sketchy management, and a $66 million market cap? Q: Are there problems with technical analysis? A: Yes. It doesn’t work. Actually, I have to … Continue reading “I answer the questions my readers’ searches pose, Part II”

The Ethics of Bashing Stocks

My last post reminded me of Gary Weiss’ criticism of Mark Cuban’s website Sharesleuth. Cuban pays a reporter to dish up dirt on public companies, and to fund the venture he shorts the stock of those companies before the articles are published. Cuban calls it a new business model for investigative journalism, Weiss calls it … Continue reading “The Ethics of Bashing Stocks”

The Reaper’s Guide to Short Selling Stocks

The point of this article is threefold: to associate the nickname “The Reaper” with me and my short selling activities so that when I become as famous as Jim Chanos or Manuel Asensio or at least Andrew Left, I can appear on the cover of Forbes magazine wielding a scythe (see picture below); to inform … Continue reading “The Reaper’s Guide to Short Selling Stocks”