fatwollit

Blogonomics: Market Manipulation?

It seems as though Seeking Alpha wants to republish the offending article. I hope that Seeking Alpha publishes Mulcahy's biography with the same alacrity. In fact, if Seeking Alpha want to maintain any credibility, Mulcahy's biography should be published first. What's it been, six months at least?

Microvision's No Show Hands the Pico Projector Market to TI

Well, Mr. Mulcahy, it's the day after your article appeared and Microvision is down 70 cents, a twenty per cent drop, so it seems that your effort to aid your hedge fund's aims did the trick. At least, I don't see any other news so must assume that the timing is more than just coincidence. I'd be more upset if I thought the drop was anything more than temporary. I wonder what your hedge fund's target was? And I wonder how much the drop would have been had you placed your disclosure statement at the head of your article instead of at the end. You know, the disclosure statement that read "Disclosure: Author works in a hedge fund that is short Microvision".

Microvision's No Show Hands the Pico Projector Market to TI

Possibly, Mulcahy is correct, I don't have the knowledge necessary to make a judgement as to which is the best under what circumstances. Just to point out that, in any area of tech business, there's more than enough room for more than one player; just one example: Blackberry and iPhone, not to mention all the other cell-phone entrants out there, all busily making a profit for their respective companies. I'm inclined to think that the closing statement in Mulcahy's article says all I need to know about this story. I quote:

"Disclosure: Author works in a hedge fund that is short Microvision"