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Famed Short Seller Says Bitcoin Hasn't Bottomed Until Dogecoin Slips Below 1 Cent
Wednesday, June 23, 2021 - 10:54am | 495Famed short seller John Hempton believes that Bitcoin (CRYPTO: BTC) has not bottomed until the price of meme cryptocurrency Dogecoin (CRYPTO:DOGE) falls to below 1 cent. What Happened: Hempton, the co-founder of investment management firm Bronte Capital, said on Twitter that as long as Dogecoin has...
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Bronte Capital Calls For Resignation Of Valeant Board Member
Tuesday, January 12, 2016 - 1:26pm | 308In a new blog post, Bronte Capital analyst John Hempton explores some inconsistencies in Valeant Pharmaceuticals Intl Inc (NYSE: VRX)’s facts regarding board member Norma Provencio’s involvement in Heartronics/Signalife prior to her tenure at Valeant. After Provencio left Heartronics/...
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New Document Shows Pershing Square Could Be Under SEC Investigation For Herbalife 'Manipulation'
Thursday, September 17, 2015 - 2:03pm | 356Pershing Square could be under an SEC investigation for alleged stock manipulation. The investigation may stem from the hedge fund's short thesis in Herbalife Ltd. (NYSE: HLF). Tim Ramey of Pivotal Research believes an SEC investigation began at some point between July 7 and September 15....
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Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 5:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
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Herbalife Hit After Ackman Reiterates Short
Monday, January 7, 2013 - 3:00pm | 379Shares of Herbalife (NYSE: HLF) traded lower on Monday after hedge fund magnate Bill Ackman reiterated his short position. Appearing on TastyTrade, Ackman said he had not covered a single share. In December, Ackman came public with his Herbalife short, revealing that he had sold short about one-...
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Herbalife Moving Higher, May Be Attributed to Bronte Capital Blog Post
Thursday, December 27, 2012 - 2:11pm | 13View here.
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Bronte Capital Sees Little Value in Longtop Financial Technologies
Friday, August 19, 2011 - 1:48pm | 42Bronte Capital Sees Little Value in Longtop Financial Technologies and says comments made by Citron that the company could be acquired for $4 per share are ludicrous. Here is link to Bronte Capital posting.
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Bronte Capital Questions Trina Solar for the Second Time
Wednesday, August 10, 2011 - 8:49am | 208On Wednesday, Bronte Capital published a second piece questioning Chinese solar company Trina Solar (NYSE: TSL). Bronte Capital cited concerns with the management and the company's capital expenditure. Bronte Capital writes, "Peter Mak…the head of the Audit Committee of Trina Solar…was the CFO of...
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Bronte Capital and Stone Street Advisors Raise Questions on Trina Solar
Monday, August 8, 2011 - 1:01pm | 254On Sunday, Bronte Capital published an e-mail exchange between itself and the investor relations department for Trina Solar (NYSE: TSL). In its original e-mail, Bronte Capital raised questions regarding the company's cash balance and its seemingly bizarre debt covenants. Bronte Capital writes, "...
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Is China Media Express A Fraud? (CCME)
Sunday, February 6, 2011 - 6:16pm | 4753Backstory Any fundamental analyst who takes a look at the operating metrics and balance sheet of China MediaExpress Holdings (NASDAQ: CCME) would find what appears to be a gem of a company. CCME reported net profit margins for Q3 of 2010 of 54.66% versus 43.48% in the year ago period. Operating...
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Is China MediaExpress A Fraud? Part 2 (CCME)
Saturday, February 5, 2011 - 5:52pm | 2122Part 1 of this story can be found here Bill Block I want to preface this section by saying that investors can come to whatever conclusions they want from what Mr. Block had to say. I am just recounting our conversation. I am sure Mr. Block would like to see CCME shares fall. Do your own due...
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Is China MediaExpress A Fraud? Part 1 (CCME)
Saturday, February 5, 2011 - 5:43pm | 2571Backstory Any fundamental analyst who takes a look at the operating metrics and balance sheet of China MediaExpress Holdings (NASDAQ: CCME) would find what appears to be a gem of a company. CCME reported net profit margins for Q3 of 2010 of 54.66% versus 43.48% in the year ago period. Operating...