Mr. Tilson's latest short, and his largest short position, LRN, finally cracked. Down 40%+ today alone.
I encourage everyone to read through Mr. Tilson's ~100 page report on LRN. The detailed, methodical work, and primary research are stellar.
Congratulations Mr. Tilson.
Sentiment: Strong Sell
I got this from a LRN graduate.. I know longs would really appreciate:"I be lerning good in LRN last year. I lerned in me class IOC is a good stock. My friend's boyfriend grandmother herd from sources in papa new ginee...."
Wish I had listened to that short. And I hope my puts pay off before they expire.. But it is sounding like IOC will be able to maintain its 3 bil dollar, yet truly penny stock, evaluation for a little while longer.
oil and gas-
Rather sad Tilson has lost $100 million in assets last 12 months almost 80 percent of his assets and his partner fired him. That's a Bonk hero defined!, Who thinks Bonk is Tilson...?... Has to blow his own horn cause there's nobody else left to blow his horn!! Sad really.
If Tilson is on this Message Board, as some claim, you are he.
It is uncanny how defensive you've been in protecting and promoting Tilson and his investment acumen.
You political diatribes of late reflect Tilson's very public history of being an 'extremist' progressive.
Your mischaracterizations of duly elected, as advertised, constitutional conservatives in the House and Senate opposing a President operating outside of the Constitution by altering the passed ACA by executive order to fit him politically are not accidental. And they come off as personal.
Slamming IOC is also personal to you and I'm sure you've had much money bet on IOC's failure, just like Tilson.
"If Tilson is on this Message Board, as some claim, you are he."
You write like an LRN graduate.
"It is uncanny how defensive you've been in protecting and promoting Tilson and his investment acumen."
It's out there for all to see. His track record, philanthropy, and work quality are out there for all to see.
"You political diatribes of late reflect Tilson's very public history of being an 'extremist' progressive."
In my experience extreme right wing nuts such as yourself think anyone who even thinks about helping another human being is a communist. I'd say Tilson's "extreme progressiveness" is what about 75% of the civilized world would consider common sense.
"Your mischaracterizations of duly elected, as advertised, constitutional conservatives in the House and Senate opposing a President operating outside of the Constitution by altering the passed ACA by executive order to fit him politically are not accidental."
Mischaracterization? Silly me - I guess the government isn't shut down and a handful of obstructionist tea partiers aren't holding the economy ransom until they get what they want (which is to repeal a law of the land). If they want to pass laws or change laws they should get more nut jobs elected in both houses, and elect an nut job president - it doesn't belong in a "debt limit" debate about the U.S. paying the bills for existing debt and bills for services already received. Threatening global Armageddon, telling seniors to suck it on their Social Security, telling our veterans they are out of luck etc, all because you don't like the "duly elected" president is not the way to go about things.
"Slamming IOC is also personal to you"
Nope - but I do know how to push IOC touts' buttons. A dash of Phil, a dollop of Tilson, a pinch of Obama and watch the creatures climb out of the slurry pit and start growling.
Just like you did :)
Sentiment: Strong Sell
The short interest in this stock was close to a 5 year low and off by 50% since April. I bet those 5 million shares are slitting their wrists. Goes to show you what a tough, tough game the short side is.
Fantastic drop! Yet it most likely just evens out when he got his face ripped off when Nokia went up 50% and was forced to cover. Tilson: smart, promotional, and very vocal...but as a money manager....not so good. But gotta give credit on LRN, no doubt. Wonder what his average price was on his short?