RE:RE:RE:TraderBen OK man, I get your point. But what I feel about him and what feel about him doesn't matter in the scheme of things. Its what the market believes that counts. He has a huge following and you should direct your questions towards him, not me, as I don't do twitter except to view public posts. I certainly missed half the accusations he made and that you brought to my attention.
I am in for the trade only. I will not short this because the dividend is to expensive and I am too cheap to pay it. As long as insiders keep buying I will keep holding it but I trade with a tight stop.
Right now his short (actually MANY of his shorts) are not working for him. Lets agree on that. His last update on eif was LAME. He is dependent on regulators (Transport Canada) for his short thesis and nowindays I am not sure if I would count on a regulator for my short to play out.
I noticed today that he seems to be losing some of his ability to move the share price (tweeted out a short endorsement for another research firm on ticker NDRM and I checked the stock and it was UP! So there you go, it is interesting times.
seanbaker443 wrote: So you respect Cohodes after he:
1) Accused EIF of being a pyramid scheme
2) accused EIF of laundering money through Luxembourg
3) tweeted out that the EIF short would work because the CFO was a woman?
4) Tweeted out making fun of the CEO only having 9 fingers
5) Said EIF's flight volumes in the second quarter were down in excess of 50% (>80% at some airlines depending on the month) but revenue was up 7% for the quarter?
6) has said over and over that EIF's numbers are made up with no evidence of fraud.
and so many other lies to summarize. What exactly is there to respect here?
TraderBen wrote: JDavis17 wrote: You say that your respect Cohodes.
Do you respect someone who commits libel, calling the CEO of EIF a liar?
Do you respect someone who does that, and when proven wrong, does not retract his accusation?
Do you respect someone who does that, even though his "cover-my-butt" statement says he is open to being corrected?
Cohodes is nothing but slime, IMO, as is anyone who sides with him.
I am not siding with him.
I am in this for the trade only and respect that there are two sides to every trade.
If Cohodes can use his lawyer to write a letter to Transport Canada then the CEo should use his and get a cease and desist orer if he was, as you say, proven wrong.