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Just Energy Group Inc. Message Board

  • xraythrives xraythrives Sep 10, 2013 1:01 PM Flag

    Axler is short. What would you expect him to say-Here's the disclaimer

    Disclaimer: This research report expresses Spruce Point Capital Management LLC's ("Spruce Point") opinions. Use of the research produced by Spruce Point is at your own risk. This is a short-biased article and you should assume the author of this report and its clients and/or investors hold a short position and derivatives tied to the security of Just Energy Group Inc. that will benefit from a decline in the price of the common stock. End quote

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    • well, what I don't get is "this is a short biased article and you should assume the author holds a short position. is that what their disclosure says? he needs to disclose his position, not a blanket statement. "assume" is that correct? and furthermore I have a problem with writing articles to move the stock and their thinking the disclosure gives them free reign. I may call someone on this. has anyone every called the NASD that's a fun bunch. go on line and check out how easy is it is to file a complaint. as they say his license probably looks like swiss cheese anyway. but it might be worth it.

      • 1 Reply to homeseek
      • He did disclose his short. The article dated July 31st-seeking alpha is still available on the quote page. His short is disclosed at the very beginning and the disclosure of the firm he works for is at the bottom.
        They make those articles very long for a reason. Many never get to the very bottom where the disclosure is. These bear raid firms make a good living doing this. Probably one of the most famous (and effective) is Citron research.

    • Yes, and guess what that ^%#^#&* is paying the recent 8% increase plus the 14% dividend and the stock hasn't even made its strong run-up back to fair-value in the high 7's or 8's. This could be a $10 stock within a few months. Tell that to your short clients BA.

      Sentiment: Strong Buy

 
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5.37+0.05(+0.94%)Jul 31 4:02 PMEDT