Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
The Taming of the Trading Monster
Even billionaires have feelings,” Alexandra Cohen had taken to saying. Her husband, Steve Cohen, is the billionaire in question. He’s one of the most successful hedge-fund managers in history—“the Michael Jordan of trading,” in the words of one Wall Street observer.
He’d built SAC Capital Advisors into one of the most profitable hedge funds in the world while amassing a net worth estimated at $11 billion.
Valeant accused of ‘aggressive accounting games’ by renowned short-seller Jim Chanos
Nicolas Van Praet, 16 May 2014
Valeant Pharmaceuticals International Inc. teamed up with respected activist Bill Ackman to buy Allergan Inc. in part to build its own legitimacy with investors after several periods of short-selling in Valeant stock in recent years. So far, however, the partnership has done little to silence the most vocal voices betting against Canada’s largest drug company. Continue reading “Article: Valeant accused of ‘aggressive accounting games’ by renowned short-seller Jim Chanos”
Pingify (PGFY) – Statements By Pingify’s CEO Omit Material Facts
GeoTeam, 08 May 2014
On the morning of May 6, 2014, we published a pump and dump investor alert about Pingify (OTCQB:PGFY) for GeoInvesting premium members: The company went public through a self-directed IPO, where the CEO received 25 million shares at a cost basis of $0.001 ($150,000). The company is touting its product as a lead generation tool to match buyers and sellers. As an example, here is an excerpt from its 2013 10-K. Continue reading “Article: Pingify (PGFY) – Statements By Pingify’s CEO Omit Material Facts”
Reid D. Notes, 07 May 2014
In this note, we analyze the company’s fiscal Q2 cash flows, we estimate the magnitude of CGI’s customer backlog cancellations during the quarter, and we discuss Serge Godin’s ownership stake in CGI. Can a company juice short-term cash flows by managing accounts receivable Continue reading “Article: CGI Group: Receivables Factoring, Cancelled Bookings, Insider Selling, And Organic Revenue Decline (Part 4)”
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
