tomhill9's Comments tomhill9's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/266200/comments Deploying Paulson’s Capital: The Strong and Weak of It http://seekingalpha.com/article/100378-deploying-paulsons-capital-the-strong-and-weak-of-it?source=feed#comment-286803 286803
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Mon, 20 Oct 2008 21:47:56 -0400
milwaukee.bizjournals....

Contact Information if you want to join class action lawsuit:


www.wolfpopper.com/con......

email: cstine@wolfpopper.com

Mail:

Wolf Popper LLP
845 Third Avenue
New York, NY 10022

Toll Free Phone: (877) 370-7703
Toll Free Fax: (877) 370-7704 ]]>
Is Emcore Blinded By the Light? http://seekingalpha.com/article/96202-is-emcore-blinded-by-the-light?source=feed#comment-260791 260791
No doubt Andrew Left and followers will be using all the tricks they have in the coming days and weeks to defend, and then safely exit from their $200M short position. Unfortunately for the shorts, there aren't enough wimpy longs to help them, going forward. Considering this short attack article and its aftermath, I am convinced that they are losing the terror grip on EMKR price, and will be increasingly fighting a losing war.
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Sun, 21 Sep 2008 14:43:27 -0400
No doubt Andrew Left and followers will be using all the tricks they have in the coming days and weeks to defend, and then safely exit from their $200M short position. Unfortunately for the shorts, there aren't enough wimpy longs to help them, going forward. Considering this short attack article and its aftermath, I am convinced that they are losing the terror grip on EMKR price, and will be increasingly fighting a losing war.
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Is Emcore Blinded By the Light? http://seekingalpha.com/article/96202-is-emcore-blinded-by-the-light?source=feed#comment-260131 260131
- Total Shares: 77.5M, Float: 66.4M
- Institutions: 75.5M (97.4% of Total, or 113.7% of Float).
- Insiders: 24.5M (31.6% of Total, or 36.8% of Float).
- Shorts: 33.8M (43.6% of Total, or 50.9% of Float).

For insiders and institutions alone: they own 100M shares, or 129% of total (151% of Float)!!!

This ridiculous situation is a result of SEC not enforcing the rules already in the book and let the shorts running naked all over the market. The more shares the institutions bought, the more shares the shorts printed out to supply them, and in the process skewed the supply/demand equation, pushing the share price downward. I know, I witnessed it first hand: I came in to buy 30K EMKR at around $5.40 about 4 wks ago, saw it move to $6.50, then another so-called “research” article came out from Andrew Left and all hell broke loose. I think this guy single-handedly pushed the price down from $6.50 to $4.20 in a matter of a few days (I checked insiders and institutions, they did not sell).

I asked myself: How could anyone stand against such an unchecked power of naked selling? These guys have an entrenched interest to defend their short position (about $200M), they have very deep pocket from all the filthy money sucked out of previous victims in the last few years. I read from someone on the EMKR Yahoo board, while cursing the short sellers, nevertheless vowing never again to buy into such a heavily shorted stock! After getting a quick -22% haircut, I almost agreed with the poster and headed for the exit door myself. So I can understand the fear and anxiety of my fellow longs, especially now that they are even, or even slightly positive as in my case. I definitely would get out now if the rule of the game remains the same.

However, THE GAME RULE HAS INDEED CHANGED with the new naked shorting rule, and the shorts no longer have the unlimited capability to do shares printing, no matter how much money they have. In this new situation, the law of supply and demand reigns supreme and is the only game in town. Considering the VERY, VERY thin effective float, and no additional artificial supply from naked shares, price will have to move upward strongly with any increase in demand. Institutions have bought aggressively in the last few months at the darkest moments. I don’t see why they would stop that momentum now, especially when technical indications and fundamental ingredients are brighter and more compelling.

So the only games left for the shorts are: 1. Flooding the discussion board with scary tales or "researches" by paid bashers who work for Left, 2. Conspiring with MM’s to manipulate trading, especially during pre-hours and after-hours when the volume is thin. All these efforts can only succeed in delay the inevitable price increase if the longs get scared, co-operate, and sell their shares prematurely.

Think about it. You longs have suffered grievously this year from shorts attack. You have shown resiliency, toughness and conviction in not selling your position. Now you finally have a game changer, a chance to make something big to compensate for your suffering days, a fork to stick into the shorts and twist 180 degrees for a change, letting experience what you have gone through. What will you do: Finish them up or wimp out at $6.24, $6.50 because you let Andrew Left get into your head?

I continue to bet with the insiders and the institutions that they collectively know exactly what they are doing, and the actions in the last week are nothing compared to what will come in the next 3 months and 2009:

DATE Bought Sold Net

5/30/2008 16,614,449 -2,668,803 13,945,646
6/30/2008 150,920 -329,840 -178,920
7/31/2008 3,186,677 -285,791 2,900,886
8/8/2008 1,940,943 -1,548,855 392,088
8/15/2008 27,445,805 -9,552,307 17,893,498
8/22/2008 8,959,719 -370,940 8,588,779
8/29/2008 393,532 0 393,532
9/5/2008 500 0 500
9/12/2008 0 -177,169 -177,169
]]>
Sat, 20 Sep 2008 14:03:17 -0400
- Total Shares: 77.5M, Float: 66.4M
- Institutions: 75.5M (97.4% of Total, or 113.7% of Float).
- Insiders: 24.5M (31.6% of Total, or 36.8% of Float).
- Shorts: 33.8M (43.6% of Total, or 50.9% of Float).

For insiders and institutions alone: they own 100M shares, or 129% of total (151% of Float)!!!

This ridiculous situation is a result of SEC not enforcing the rules already in the book and let the shorts running naked all over the market. The more shares the institutions bought, the more shares the shorts printed out to supply them, and in the process skewed the supply/demand equation, pushing the share price downward. I know, I witnessed it first hand: I came in to buy 30K EMKR at around $5.40 about 4 wks ago, saw it move to $6.50, then another so-called “research” article came out from Andrew Left and all hell broke loose. I think this guy single-handedly pushed the price down from $6.50 to $4.20 in a matter of a few days (I checked insiders and institutions, they did not sell).

I asked myself: How could anyone stand against such an unchecked power of naked selling? These guys have an entrenched interest to defend their short position (about $200M), they have very deep pocket from all the filthy money sucked out of previous victims in the last few years. I read from someone on the EMKR Yahoo board, while cursing the short sellers, nevertheless vowing never again to buy into such a heavily shorted stock! After getting a quick -22% haircut, I almost agreed with the poster and headed for the exit door myself. So I can understand the fear and anxiety of my fellow longs, especially now that they are even, or even slightly positive as in my case. I definitely would get out now if the rule of the game remains the same.

However, THE GAME RULE HAS INDEED CHANGED with the new naked shorting rule, and the shorts no longer have the unlimited capability to do shares printing, no matter how much money they have. In this new situation, the law of supply and demand reigns supreme and is the only game in town. Considering the VERY, VERY thin effective float, and no additional artificial supply from naked shares, price will have to move upward strongly with any increase in demand. Institutions have bought aggressively in the last few months at the darkest moments. I don’t see why they would stop that momentum now, especially when technical indications and fundamental ingredients are brighter and more compelling.

So the only games left for the shorts are: 1. Flooding the discussion board with scary tales or "researches" by paid bashers who work for Left, 2. Conspiring with MM’s to manipulate trading, especially during pre-hours and after-hours when the volume is thin. All these efforts can only succeed in delay the inevitable price increase if the longs get scared, co-operate, and sell their shares prematurely.

Think about it. You longs have suffered grievously this year from shorts attack. You have shown resiliency, toughness and conviction in not selling your position. Now you finally have a game changer, a chance to make something big to compensate for your suffering days, a fork to stick into the shorts and twist 180 degrees for a change, letting experience what you have gone through. What will you do: Finish them up or wimp out at $6.24, $6.50 because you let Andrew Left get into your head?

I continue to bet with the insiders and the institutions that they collectively know exactly what they are doing, and the actions in the last week are nothing compared to what will come in the next 3 months and 2009:

DATE Bought Sold Net

5/30/2008 16,614,449 -2,668,803 13,945,646
6/30/2008 150,920 -329,840 -178,920
7/31/2008 3,186,677 -285,791 2,900,886
8/8/2008 1,940,943 -1,548,855 392,088
8/15/2008 27,445,805 -9,552,307 17,893,498
8/22/2008 8,959,719 -370,940 8,588,779
8/29/2008 393,532 0 393,532
9/5/2008 500 0 500
9/12/2008 0 -177,169 -177,169
]]>