After Two Years, Suddenly Herb Greenberg Reappears...@ Year End
Herbie and his hedge fund buddies timed this year-end attack on LLEN, one of the best China stocks, with a low P/E, to set up huge profits for themselves..... after Congress recently voted to retain the lower tax rate for capital gains.
Thursday's attack on LLEN was planned. It was not spontaneous.
Notice, Greenberg was unable to discuss LLEN financial report specifics such as: inventories, retained earnings, margins, revenue growth, G&A changes, goodwill or any line item of the three financial reports. It was a smear to make money, rather than earn it by smart investing.
It's not in my nature to think 'conspiracy' in most situations, but the relish that accompanied Greenberg's lengthy diatribe against LLEN certainly smacked of an intentional plot to further an agenda. Sharpei