In my almost two decades in the market I am often amazed at how much leeway investors will give corporate managements that are obviously crooks, and how persistent some managements will be in their deceptive …
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Bill Ackman, founder of hedge fund firm Pershing Square, might have dropped out of the three comas club in the last week with his 21.5 million share position in Valeant (VRX) down about 25% from last week’s …
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This morning, hedge fund heavyweight and founder of Pershing Square Bill Ackman is holding a call with investors and the financial press to answer questions about his nearly $2 billion stake in specialty pharmaceuticals company Valeant …
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This Valeant (VRX) story is far from done. For those that thought the volatility in the stock was brought on solely by some shadowy short biased research house, think again. The WSJ set its sites on …
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Over the last 24 hours, CNBC’s Scott Wapner reported that Herbalife has been contacted by law enforcement agencies: Federal law enforcement agencies recently contacted several Herbalife members for information about their own business practices According to …
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A few weeks ago we initiated a bullish structure in QCOM (below) after it looked like it had held recent lows and a lot of the bad news was in the stock at $70. We …
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The energy sector was the most active in the options market on Friday after the huge drop in oil prices last week (around 13%). 1. XLE – XLE declined over 6% for the first time since …
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Despite Herbailfe (HLF) being cut in half in 2014, losing more than $3 billion in market cap from the all time highs made in January, the story is far from over. Today we should be …
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Last week following QCOM’s disappointing fiscal Q4 results we laid out our thoughts (below), and offered a longer term bullish outlook for the shares once a few minor issues like probes from regulators and issues …
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This morning I am feeling a tad salty, so I decided to pick on a trio of managements that are quickly losing or have totally lost credibility with investors: 3D Systems (DDD): Friday afternoon, I …
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