% | $
Quotes you view appear here for quick access.

Yamana Gold, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • hapiwondrer hapiwondrer May 13, 2011 12:22 PM Flag

    $16.35 Target: SA

    Without making any analysis of who is right, or wrong, SeekingAlpha, and one of its writers, Whitney Tilson, was taken to task for statements made against a blogger in a New York Times website. The blogger was an Overstock shareholder. Overstock is a company run by Patrick Byrne who also runs the website, deepcapture com.

    These stories are extremely complex, but deepcapture seems to have a great deal of the truth on its side, and Byrne has managed to get some meaningful action in the courts and by the SEC to have the illegal practices of short sellers dealt with. It seems however that there is still much to be done on the issue of the non-transparency of FTDs (Failure To Deliver).

    The point is that SeekingAlpha is on deepcapture’s radar as part of the cabal that sides with those who are seeking to manipulate share prices for personal gain, without regard to the facts. SeekingAlpha’s writer, Tilson, makes his own counter arguments on behalf of the shorts. You’ll have to make your own assessment of who’s correct, but the tilt seems to be in favor of business as usual, meaning keeping in place the ability to conduct underhanded shorting activities.

    Having noticed that one of SeekingAlpha’s recommendations (by Jack Barnes) for Yamana is going counter to expectations in what seems to be an attack by short sellers the tendency is to distrust what is written about there, now and in the future.

4.445-0.015(-0.34%)3:56 PMEDT