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  • AmTrust Financial Services: A House Of Cards? [View article]
    you should do your own due diligence, don't rely on a seekingalpha article or anybody, for that matter.
    Dec 13, 2013. 09:23 AM | 1 Like Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    Take a look at all the Chinese companies that GeoInvesting was promoting in 2009 and 2010 and take a look how those ended up.
    Dec 13, 2013. 07:38 AM | 2 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    It is called doing due diligence.
    Dec 12, 2013. 10:43 PM | Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    It may help him, though, to be more advanced in his analysis of companies.
    Dec 12, 2013. 06:38 PM | 1 Like Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    well, you may have been right in the first place and be wrong now. There is no info provided about Pipoly and Saxon, what is said is that they previously worked for a company where the CEO stole from the company. There is no accusation that Pipoly or Saxon did anything wrong whatsoever, so that info is completely irrelevant.
    Furthermore, the author does not state affirmatively that the ceded losses were not consolidated. The presentation is contorted and difficult to follow and certainly does not appear conclusive at all. The author effectively states that by using words like suspicious, it appears, we believe, instead of affirmatively stating facts or factual conclusions. On the other hand, the company has affirmatively stated that all ceded losses are consolidated.
    Dec 12, 2013. 06:38 PM | 2 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    I am familiar with both AFSI and TWGP, AFSI is nothing like TWGP. In fact, AFSI, who acquires a lot of insurance companies, had no interest in purchasing any of TWGP's business at extraordinary discounts in a blowout fire sale because of its characteristics.
    Dec 12, 2013. 04:16 PM | 3 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    Furthermore, I am familiar with bogus investments on life settlement policies, see my article on Life Partners predicting the eventual demise of Life Partners.
    However, life settlements can sometimes be a good investment. I looked at the information I could find on amtrust's life settlements at the time they bought them, and they appeared to me to be of a high quality.
    Here, the author fails to provide any support, facts, reasoning or analysis to support his conclusions on the value of Amtrusts life settlements.
    Amtrust is the customer or purchaser of the life settlements, so the author is mistaken to apply the industry standards of companies that are in business to be sellers of the life settlements.
    Since, when i viewed them, it appeared that the life settlements purchased by Amtrust were of a high quality, it makes sense that their marks would be higher, particular given that there is a lot of very low quality life settlements out there like Life Partners.
    The author provides no specific analysis of the life settlements that Amtrust has purchased, so his conclusions regarding that are of no value, and I assume the author would admit that he has made various assumptions to reach his conclusions that he does not have any idea as to the truth or falsity of.
    Dec 12, 2013. 04:16 PM | 3 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    Point 5 above, that Phoenix insurance company is going bankrupt and they won't pay out on the policies seems to be a completely incorrect?
    This is because, and C=correct me if I am wrong, but don't all 50 states have emergency funds set up to protect life insurance policy holders in the event their life insurance company goes bankrupt, or, as you say, insolvent? Don't licensed insuracne companies have to pay an annual fee into the pool so that if a company goes out of business the life insuracne policies are honored? http://bit.ly/1bZL7WH
    Dec 12, 2013. 04:14 PM | 2 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    well, the author didn't provide any negative history on Pipoly and Saxon, he said the CEO of a company they previously were at stole money from the company. He didn't say that had anything to do with them.
    Also, this article seems to say that they suspect that the Luxemburg ceded losses are not consolidated, but the author failed to have the confidence to say that they actually know this is the case. So, the author is claiming not to know, but to be suspicious. I would rather actually know one way or another, especially before writing such an article.
    Dec 12, 2013. 04:14 PM | 4 Likes Like |Link to Comment
  • New Oriental Education & Technology Management Discusses F1Q14 Results - Earnings Call Transcript [View article]
    yeah, large classes at cheaper prices is declining, and expensive small classes and one on one's are up, yet the total enrollment is up 15 percent to 20 percent. Does anyone possibly believe this could be true? Makes no sense whatsever.
    Nov 2, 2013. 11:32 AM | Likes Like |Link to Comment
  • The Market's Myopic View Of VisionChina Media [View article]
    you guys are assuming the stock is moving up due to innocent investors who are long on a positive view of the company. Have you considered the stock is just being fraudulently manipulated? If you are unfamiliar how that is done, read all the sec cases about fraudulent manipulation of stock prices.
    Oct 15, 2013. 12:23 PM | 2 Likes Like |Link to Comment
  • New Oriental: At Least 20% Upside On Margin Expansion [View article]
    It appears that EDU can perpetrate this fraud for a long time. The Chairman of the Board owns no stock and lives in Canada. The CEO and president lives in Beverly Hills. The companies story is a complete joke.
    Sep 19, 2013. 10:05 AM | Likes Like |Link to Comment
  • Yongye International: Growing At 25% Per Year, Selling At Below Cash [View article]
    the sec did not proof Yong. the SEC doesn't proof any company.
    Aug 4, 2013. 07:37 PM | 1 Like Like |Link to Comment
  • Yongye International: Growing At 25% Per Year, Selling At Below Cash [View article]
    KPMG signing off doesn't give the company any credibility at all, in my opinion. In fact, none of the factors you cite gives the company any credibility at all. Look at my articles pointing out that it is an obvious fraud.
    Aug 4, 2013. 01:27 PM | 1 Like Like |Link to Comment
  • Yongye International: Growing At 25% Per Year, Selling At Below Cash [View article]
    sometimes frauds are bought out at ridiculous prices.
    Aug 4, 2013. 01:26 PM | 1 Like Like |Link to Comment
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