Posted On: 11/21/2015 3:45:45 PM
Post# of 72447
Great nasty article on Shkreli, the scum short seller who bought Turing and then jacked up the price of a 60 year old drug to 750/pill:
http://investorshangout.com/post/view?id=3357519
I posted it on the AVXL board because he's the one who torpedoed AVXL by tweeting that its drug "can't work," based on the great scientific knowledge gained from his study of the liberal arts. Does this sound familiar? I'm talkin' to you, Seeking Alpha.....
http://investorshangout.com/post/view?id=3357519
I posted it on the AVXL board because he's the one who torpedoed AVXL by tweeting that its drug "can't work," based on the great scientific knowledge gained from his study of the liberal arts. Does this sound familiar? I'm talkin' to you, Seeking Alpha.....
Quote:
I first came across him in 2012 when he presented himself as an activist investor who was writing articles on Seeking Alpha. His modus operandi was for him and his business associates to short a stock and then put together an unbalanced, highly negative report urging other investors to short the stock. This was invariably accompanied by a shorting attack concurrent with the publication of the article. Seeking Alpha loved his work and recommended most of his articles as must reads. This was also the genesis of a new breed of activist investor writers on Seeking Alpha who have a similar business plan, but that is another story.
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