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CSIHawaii
2 Comments
A Look at Four Polysilicon-Based PV Manufacturers' Funding
Seeking Alpha Profile:
Yehuda Fruchter is Founder and President of investment firm Envoy Global, Inc., where he leads investments in private and public companies. He has over ten years experience in the financial industry. He started by day-trading at Schonfeld Securities, became a regular contributor to InsiderTrader.com, then joined Value Line’s equity analyst team, and now provides equity research services to institutional and high net-worth investors.
Translated this means that former day-trader and analyst Yehuda Fruchter didn't succeed at making enough money at his previous occupations and is now advising clients. If (just if) he has advised clients to short the 4 stocks and they have not yet reached his target, it is only natural that he would want to share his reasoning with the rest of us. This might just be enough to drop the price to his cover price target and help him look good. Everyone has an angle. If Yehuda had done a disclosure we may not have to guess about his.
The overwhelming negative response to the article and to Yehuda is because we can immediately recognize that he has an angle - and it is not to serve Seeking Alpha or its readers. This narrow article exhibits a narrow portion the companies financial circumstances and analyses this with an American bankers conservatism. For example, the exponential growth as projected by most analysts and the differences between American and Chinese business culture could completely change the conclusion. Facts + assumptions + innuendoes do not equal facts.
LDK Solar: Not Worth the Risk
Seeking Alpha, you have built a valuable reputation by publishing articles which are almost always rich in facts and follow through rationale. These have often exposed the fallacies propagated by the mainstream financial media. Please do not dilute your standards by allowing access to empty heads, egotists or liars that hide behind distortions of truth. This is happening at Motley Fool - do not let it happen to you.