dixie

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

Interesting that today, July 13th, SEC's Christopher Cox, said they are launching investigations into false rumors launched by short sellers in order to manipulate share price. The many complaints sent last week may have started the ball rolling in the direction of Seeking Alpha and "our friend" Weston.

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

The editors of SA state that publication will be denied "to prevent stock manipulation."
SA was careless in publishing Mr. Weston's piece on July 4th when he so clearly stated that he would profit if the stock fell in value.
Objectivity is usally lost, or at least should be suspect, when financial self-interest is present.

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

Greg,

So as to avoid some of the heat you have generated, you quickly posted a few minutes ago that CRZ would soon be excluded from 2 of the Russell Indexes and that will account for future near term selling.

Sorry, you are a week late. The exclusion from these indexes was effective Friday, June 27th. So any sell-off resulting from that has already occurred.

You seemingly will write anything to achieve the result you want. My gift to you - take a course in ETHICS.

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

Greg,
I am surprised of your recommendation, "do not go long anything in real estate now - to wait at least a year." I find it odd that with the number of analyses you and your associate, Tim Haag, apparently do, that absolutely nothing in this secotr suggests a long position. Is not a glass ever half-full?

I also find it suspect that your recent prior posts regarding RWT and FED were both made after the markets had closed; first on a Sunday and then on a Friday when you had a, "captive readership."

Most importantly, why are you sharing your "insight and helpfulness" to investors you have absolutely no relationship with. Law school, and certainly Harvard, does not teach this.

It does not require a lot of gray matter to understand your true motivation: quick, personal financial gain. Perhaps, ego may play a minor role. Then again, since you are on your own with a new firm, maybe the need " to get business" is also a motivator.

Shakespeare said it best about your blogs, "me thinks thou doth protest too much."

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

Greg, shifting gears and viewing the REIT glass as being half-full rather than half-empty,which of the REITS, using your analysis, best pass the downside safety test?