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  • The End of CCME's Fairy Tale [View article]
    You have it backwards. You provide nothing of substance to dispute anything in the article. The big scam is all these fraudulent small cap chinese companies, all seeming to use versions of the same financial charts to perpetrate the frauds, with guys like you appearing to be co-conspirators.
    Mar 12 06:36 PM | 9 Likes Like |Link to Comment
  • GeoInvesting Presents Additional Evidence To Support Assertions On AmTrust [View article]
    Interesting trading around the timing of this article. Yesterday, AFSI was way down, over 7% (+4% more after hours), on no news. Then today, after this article was published, it is up substantially.
    The issue here is that the author started with a view, "AFSI's reported results appeared "too good to be true" as the company grew rapidly without a misstep along the way" and then sought to find facts to support that view, rather than gathering the facts and basing the view on the facts.
    AFSI results aren't "too good to be true" anymore than Warren Buffett's are. Like Buffett, AFSI has done very well by purchasing companies and assets at very steep discounts (in AFSI's case usually distressed situations).
    The author admittedly is just speculation, as the author continues to use words like "believe", "suspect", and other similar terms. See the difference when the author affirmatively states as fact problems with Chinese companies, without any such qualifying language.
    The author does not have a basis to challenge the reserving, and even the author admits they don't have enough information to reach a definitive conclusion, they just have suspicions or beliefs about it.
    My review indicates that AFSI is not underreserved and that the life settlements are not overstated, particularly because they were purchased at such dirt cheap prices. Having read through the article, I don't see any basis for the conclusions reached in it, the logic and reasoning are convoluted, hard to follow, and don't make sense. The author appears to not understand how the accounting is done, comparing apples to oranges and mixing and matching figures from different accounts and entities that don't necessarily relate to each other.
    Jan 14 02:23 PM | 8 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    The website is terrible. It doesn't work in spots. It has incomplete information. The videos of the buses are terrible.
    You basically admit you don't have a clue about the company, then you try to argue it is not a fraud. Why would you argue the company is not a fraud when you don't have a clue and when it obviously is?
    Mar 12 08:35 PM | 8 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    You have no basis to disbelieve this article, unless you are one of those attempting to perpetrate this fraud.
    Mar 12 06:28 PM | 8 Likes Like |Link to Comment
  • The Silver Correction Is Over, Next Stop $62 [View article]
    Michael Anderson:

    I am surprised that you are commenting so derisively in disagreement with another person's opinion. I would have thought, after your derisive comments to authors about CCME and other companies, where you were so certain and turned out to be so dead wrong, that you would have developed an appropriate sense of humility and eagerness to learn. At the very least, I would have expected your comments to have a disclaimer that you have frequently expressed opinions with utter certainty, while dismissively insulting those who opinions differ, and you have often turned out to be completely incorrect. Such a disclaimer is warranted, don't you think?
    May 3 11:27 PM | 7 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    I am unaware of any experts claiming that CCME is legitimate.
    Mar 13 01:51 AM | 7 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    Wow, you achieved the opposite of what you intended. Your post made no sense, and made the article look even better.
    Mar 12 07:07 PM | 7 Likes Like |Link to Comment
  • China Media Express: Up on Bad News [View article]
    To get a good understanding of Glenn Bradford, let look at his article, DJSP: Time to Double UP at seekingalpha.com/artic..., posted on May 28, 2010. When Glenn wrote his article pumping the fraudulent company DJSP, the stock was trading over $6.00. As the title reveals, Glenn gave it a strong buy, predicting the stock would double over the next year. As i write this, the bid and the last trade for the stock was $.22. You read that correctly, 22 cents, which is a drop of over 96% in less than 10 months.
    When someone provided a link showing the company was a fraud, Glenns response was vicious. Here is the post by PlanMaestro

    Glen, have you checked the veracity of this ?
    www.billwarnerpi.com/2...

    Glenn's response essentially called the person writing the article crazy and a makeshift investigative journalist and said you should believe the SEC filings over the article.

    Glenn's Response:

    My take on that guy is as follows:
    Fact: There are crazy people in the world.
    Fact: This guy investigates terrorism.
    Fact: This guy investigates cheaters.
    Fact: This guy will do a background check for $89.
    Fact: DJSP is involved in processing foreclosures, which by itself can be legally challenging.
    Question: Are you going to trust SEC filings or a makeshift investigative journalism website that is written to inspire fear and distrust?
    Heck, I dunno, but I play by the numbers. Hopefully we go lower so I can double up again and turn a "ground rule double" into a legitimate home run.

    It appears that Glenn did get his wish regarding the stock going lower, since it is now at $.22, must be the greatest dream ever, as according to Glenn, we should see the stock at over $12 by June 28, 2010.

    Glenn even claimed to be going to check DJSP out where it was located in Miami;

    Glenn's post on June 13, 2010:

    I'm going to Miami this week to visit DJSP among other things, got questions? Send them my way.

    That is the last we heard from Glenn Bradford on DJSP.
    I have asked Glenn Bradford for a disclosure, retraction and apologize, but he has not provided it. I have reported Glenn Bradford to seekingalpha but they evidently allow him to continue to pump frauds here.

    Many of the other pumpers of these frauds have similar backgrounds, previouisly pumping another company that is a fraud.

    At the very least, Glenn should admit that he has demonstrated absolutely no ability to distinguish a fraud from a legitimate company, and his record is such that he is not qualified to write articles like the above.

    How about it Glenn? Or are you pumping this stock, CCME, so it can be dumped on anyone you were able to fool, like with DJSP. With the incredible return you expect from DJSP, which you predict will go from 22 cents a share to over $12 a share by June, why are you wasting your time and money on CCME, from which you expect a comparatively paltry return? Why aren't you all in on DJSP?
    Or, perhaps you don't have any money left after your loses on DJSP?
    Mar 3 11:52 AM | 7 Likes Like |Link to Comment
  • Four Stocks That Can Enhance Your Portfolio [View article]
    Like most of these chinese frauds, they claim to put a layer of independent entities between themselves and the supposed real customers, so they can claim they know nothing about the real customers. With CCME, they claim to sell virtually all of the advertising time to advertising middle men who buy in advance, yes I am not kidding, in advance, and then sell it off to the alleged customers. Anotehr ridiculous story. It is all in their SEC filings.
    Jan 7 05:09 PM | 7 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    seekingalpha keeps deleting my comments pointing out the flaws with this article and the poor track record of GeoInvesting. Seekingalpha, please do not delete this message, it is a legitimate message telling the truth. Allowing misleading articles and posts, while deleting the responses based on bogus claims that there is something wrong with the comment, is tantamount to supporting fraud, in my opinion.
    Dec 13 09:26 AM | 6 Likes Like |Link to Comment
  • PWC Zhong Tian: A Chinese Auditor With A Flawless Record [View article]
    The scheme that the SEC alleges AutoChina engaged in was a very simple and unsophisticated - used washed and matched trading to create volume in the stock. Just looking at the SEC suits for this activity makes it apparent that these schemes to manipulate stock prices higher are quite common. How many more operations are there that are much more sophisticated and complex, using washed and matched trading and other methods, to manipulate stock prices higher? I suspect that this activity is qutie common in Chinese stocks trading on the U.S. exchanges.
    Apr 12 01:06 PM | 6 Likes Like |Link to Comment
  • PWC Zhong Tian: A Chinese Auditor With A Flawless Record [View article]
    If your daughter is taking a logic or argumentation class, you might want to have her take the article to the class and spot the number of logically or argumentation flaws in the article, including the failuire of the evidence presented to support in any way the conclusion reached.
    Mar 31 09:22 PM | 6 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    Mr. Anderson and Mr. Bradford are clearly not experts in any way, shape or from. Indeed, they are far from experts.
    Mar 13 01:52 AM | 6 Likes Like |Link to Comment
  • The End of CCME's Fairy Tale [View article]
    For someone investing for 40 years, it appears you have no ability to evaluate an article. Read the pieces pumping CCME, those are much worse.
    Mar 12 07:06 PM | 6 Likes Like |Link to Comment
  • China Medical Technologies: Notion Of Takeout Is Absurd [View article]
    Adam:

    You say, "I assum the people that know the answers are the ones who are buying shares and boosting the price." Very bad assumption.
    you say "the immunodisagnositc business in China is booming". historically, many booming industries have been very unprofitable for investors and very bad for the businesses in those industries, so very poor to invest any investment thesis on this concept.
    With the mosaic approach, it is incredibly easy to piece together the picture on this company, they are a clear and obvious fraud, perpetrated as a pump and dump scam to rip off people who puchase the stock.
    Apr 18 04:25 AM | 5 Likes Like |Link to Comment
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