Whopper Investments
Deep value, special situations, event-driven, arbitrage

Is Imperial's Short Case The "Rights" Call?

Note: This is my response to the recent short case on Imperial Finance (IFT). Obviously, all humans are fallible, and I'm sure someone can find just as much to argue with my long case as I found to argue with his short case. Please read for yourself, do your own research, and make your own decision. I am long IFT and plan on fully participating in the rights offering.

Nothing get an investor's blood boiling quite like seeing a negative article published on a stock they own. It's simple human nature to get upset when people have different believes.

And when an investor does see a negative article, they can respond in one of two ways. First, they...

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