OTCPK:TOUBF - Post by User
Post by
Preteriston Jun 04, 2011 10:00pm
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Post# 18672525
Carson Block protected by law
Carson Block protected by law- Although Orient Paper proved that Carson Block's report was fallacy and nothing more than a selfish scam to make money , I know of nothing that was legally accomplished against Carson or Muddy Researc. If someone is aware of any SUCCESSFUL litigation against Muddy Waters, I would like to know (please provide sources). It doesn't even matter if Carson is right or wrong. He has already accomplished his goal of shorting the stock and making a killing. The victims are the shareholders of TRE. Carson does not give a single hoot for you guys, not one single hoot.
It is also possible that Carson might have purchased stock on Friday as well knowing that his report is utterly useless. His disclaimer makes it very plain that he has the option to buy and sell whenever.
Carson Block well understands the investing herd. He knows they panic. He knows how emotional they are. He is one smart fellow. He may have bit off a little more than he can chew this time however. And since those who are a tad ticked off can't see him get his due in court, there may be another way, and it ain't pretty.
As for all the comments about how ONP has languished since the MW scenario, try to look at it like this. If the male principal of a high school was accused of raping one of the students (falsely) by one student because she had been punished by him and was ticked off, HIS LIFE IS OVER AS HAVING ANYTHING TO DO WITH SCHOOL. Fraud-based complaints for businesses are about on the same level as alleged rape of girls. All sorts of "evidence" would be brought in. Innuendo questions such as "Why does the principal walk by the girls locker room after gymnasium activities? (answer- because he has a scheduled meeting and that is the closest way to get there). Three of her girlfriends would gladly state that they "think" the principal is looking at their legs (or worse) as they walk by.
No doubt a permanent stain has been cast. If Carson is not extradited and brought up on formal charges, TRE, although able to recover initially may eventually languish as well.
If TRE is at fault, then one hard lesson learned here is to ignore the analysts completely. NO DUE DILIGENCE by the ones who are supposed to be heros of DD. Their yearly targets are solely for there own gain. It is the reverse of what MW is doing. LEXG (Lithium Explorartion) is another perfect example of a company with ZERO revenue, very little cash but a huge 3 million marketing promotion. Their stock jumped from 10 cents to $10.68 in approximately 3 months this year. The odd thing is that the company who optioned off 5 of their permits (leaving them with another 41) trades at around the 13 cent mark. These guys have 8 times the land mass in the same area, yet they are trading in the pennies. The other company is MCI (First Lithium). Remember, do your OWN DD.