As I did
the chief case this guys trying to make is that eventually this trust will close
In the mean time whiting will support the dividend
But since everything he says is factually accurate, where is the offense?
You mean people should not be allowed to tell the truth or point out the obvious?
Should all discussion on these boards be prohibited too?
I just made a complaint to the SEC about this creep, he doesn't even use a name he just goes by "Fair Value"
Shorts can manipulate this stock because it is thinly traded, once a negative article or a X-divi day comes about they use either one as a premise to short heavily.
Fair Value however uses the media to manipulate, If you are as ticked off as me go to the SEC to make a complaint use SEC.Gov/complaint.
And one has to wonder how much credibility should be afforded to someone who doesn't have the courage to use his real name.
Herb Greenberg, once of MarketWatch and now of CNBC, was famed for writing "hit pieces" based upon rumor mostly. He was right about NFI, but you could have hit any subprime mortgage company prior to the crash and been right. Whoop-tee-doo.
"He" (assuming the "lovely" picture he provides is true), does at least disclose that he is short. Ultimately Seeking Alpha is your back target, as they make the "disclosure" inobvious, as it is in a faint font.
They will laugh at you. Does the SEC forbid telling the truth?
The writer was stating fact.
And even if it were not fact, you saw in the last year that for this trust one negative article could cut the price in half. So why would you invest in something knowing it could be cut in half by one negative article for which you cannot predict the timing? Fool to invest in this even if you did not understand the reasons.
Writers of articles like that provide a valuable service. The longer the price stays artificially inflated, the more naive investors will be hurt when reality strikes (which it has to within 2 years). You apparently are hoping to inflate a bubble more and more for your own selfish benefit even though many people will be hurt when it pops.
It is kind of like trading the high flyer CRM or AMZN, . The gamble is that those who are invested in inflated value have to defend their position and cause confusion to keep the game going, hoping that there are a few thousand more suckers out there willing to buy you out on the hope that overvalue will keep increasing. But here there is a guarantee: it will go to zero in two years.
It takes too much energy to fight that game when there are so many better risks out there.