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griderX (97.38)

CGA Short Attack

Recs

12

January 12, 2011 – Comments (2) | RELATED TICKERS: CGA

You have to love the disclosure:

http://www.jcapitalresearch.com/mkI43HeK8i7F2/CGA_Report_January%202011.pdf

Clients of J Capital Research have short positions in CGA at the time of publication and will profit if the share price drops. J Capital may itself at any time choose to take a position in the stock.  Positions of J Capital or its clients may change at any time in the future, and J Capital has no obligation to update its research to reflect any change in value of the company or companies about which it publishes research.

I wouldn't exactly call this independent research ;)

2 Comments – Post Your Own

#1) On January 12, 2011 at 5:46 PM, Speculatormaster (28.47) wrote:

+ 1 rec

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#2) On January 13, 2011 at 12:49 PM, griderX (97.38) wrote:

What's even more shocking is how come these types of practices are not illegal?

Doesn't the SEC investigate if insiders buy stock before anaylst reports are released?  This is the exact opposite...short positions are taken and a negative report is written up TRASHING the company.

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