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TMF owns SA

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July 16, 2013 – Comments (6) | RELATED TICKERS: ROC , K , Y

I tip my hat off to TMF.  They let people post their opinions, provided, of course, that it isn't simple foul language or general cussing.  SA I won't waste my time there anymore.  And it is for a simple reason, the author of any article can arbitrarily delete whatever you say.  So long, good bye.  I won't waste time there knowing that whatever I blogged can be deleted by the publisher regardless of the validity of the blog.

I know people like Alstry and even Lordz attacked the Gardener brothers here, but to their credit they never deleted their posts.

Kudos TMF for allowing people to express their opinions here.

6 Comments – Post Your Own

#1) On July 16, 2013 at 1:43 AM, awallejr (79.57) wrote:

And bleh, the tickers should have read ROC,K,Y.

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#2) On July 16, 2013 at 11:00 AM, awallejr (79.57) wrote:

First oops, noticed I spelled Gardner wrong, sorry.  And as an example I point to this article from SA:

 http://us.rd.yahoo.com/finance/external/pssa/SIG=130aj5ml9/*http://seekingalpha.com/article/1545382-ponzi-or-mlp-linn-energy-s-unsustainable-distributions?source=yahoo

Since my response was arbitrarily deleted I will write it here.  I think the author has opened himself up to a potential Libel suit by LINN should his accusations prove false.  I submit trying to distinguish "ponzi scheme" from "ponzi-like scheme"  makes little difference.  It is reasonable to expect the average reader to interpret both as engaging in something illegal.

As the author accuses:

 "it is my view that any company (which he accuses LINN  to be doing) that utilizes unsound accounting techniques and systematically employs misleading communications to materially misrepresent its ability to support and maintain its distributions is employing Ponzi-like tactics."

Now if the author can prove this to be the case, since, when accusing another of engaging in illegal activity the burden of proof is on the accuser, then he has done the public a service.  No one wants another ENRON to happen.  But if he cannot so prove he has opened himself up to liability.  Because then what was the true motive behind the attacks? 

I can give the same set of numbers to 2 accountants and both can come up with different conclusions.  The end result of the SEC's informal inquiry should be determinative.

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#3) On July 28, 2013 at 11:51 PM, cheeees (< 20) wrote:

They should have deleted this post no offense

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#4) On July 29, 2013 at 1:29 AM, awallejr (79.57) wrote:

Except some nobody named Cheees decides to post without a single stock pick.  Please.  Offense taken.  Your reply is worthy of Yahoo, where you belong.

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#5) On July 29, 2013 at 1:30 AM, awallejr (79.57) wrote:

Oops missed an e.

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#6) On August 08, 2013 at 10:54 AM, ElCid16 (96.90) wrote:

This post should be titled: "TMF pwns SA."

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