General Discussion

Lucky Luciano

(11,866 posts)

43. He didn't provide analysis as to why a stock would go down.

Tue Jan 7, 2014, 01:41 AM

Jan 2014

(perhaps he did, but it was not detailed here).

He simply stated that the companies were unethical. That does not mean the stock will go down.

Honest research from a nobody that became a somebody would be Carson Block at Muddy Waters who detected outright frauds through forensic accounting. One such short sale he called for cost John Paulson around $500MM - the company turned out to be a total fraud (Sino-Forest).

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Highlight:

Well Knock Me Over With A Feather... 'Apple, Amazon Downgraded 'On Moral And Ethical Grounds' - CNBC [View all] WillyT Jan 2014 OP

Good. k&r n/t Laelth Jan 2014 #1

"On moral and ethical grounds?..Unbelievably good news...Perhaps even Hell has frozen over!! whathehell Jan 2014 #2

Good! BuddhaGirl Jan 2014 #3

Jobs can rot in his selfish, greedy hell. Whisp Jan 2014 #4

+1000 n/t OhioChick Jan 2014 #10

But but but Aerows Jan 2014 #47

I think it's more 'but he's a lefty kind of guy' here than that. Whisp Jan 2014 #49

A "lefty" that fired people for looking at him wrong . . . for real. HughBeaumont Jan 2014 #53

But those $2 an hour workers are building character. Enthusiast Jan 2014 #54

This is great news. Unfortunately... mindwalker_i Jan 2014 #5

I Hear Ya... But Now We Know, There's At Least One Person On Wall Street With A Conscience... WillyT Jan 2014 #8

We should put that guy in charge of the SEC or something. truebluegreen Jan 2014 #57

This is a huge PR hit for Apple. another_liberal Jan 2014 #9

I hope you're right mindwalker_i Jan 2014 #20

Right. another_liberal Jan 2014 #25

Interesting comments today on NPR - enlightenment Jan 2014 #26

Indeed. It is where the rubber meets the road in terms of modern liberalsim. raouldukelives Jan 2014 #58

kick Whisp Jan 2014 #6

One hundred fifty billion in the bank? another_liberal Jan 2014 #7

FFS. When are we getting rid of capitalism TBF Jan 2014 #11

REC. n/t PowerToThePeople Jan 2014 #16

And then, there's the whole NSA as the frosting on the cake Demeter Jan 2014 #12

There's a reason every single person in Congress Aerows Jan 2014 #48

it's a start.... /nt think Jan 2014 #13

About damn time Flatpicker Jan 2014 #14

This may be the start of something big! hedgehog Jan 2014 #15

Meaningless from a completely unknown firm/analyst. nt Lucky Luciano Jan 2014 #17

And Yet Headlined On CNBC... WillyT Jan 2014 #18

Amusing enough, but he is not influential. nt Lucky Luciano Jan 2014 #19

We'll See... WillyT Jan 2014 #21

Best way to check tomorrow would be Lucky Luciano Jan 2014 #29

He is now! He has done something extraordinary and something a majority of the people will agree sabrina 1 Jan 2014 #38

Cause it is link bait Egnever Jan 2014 #44

But it got into the business press. ucrdem Jan 2014 #22

What in the world are you going on about? Hissyspit Jan 2014 #31

LOL !!! - NSA Scandal Equals Benghazi ??? WillyT Jan 2014 #32

I think he forgot which web site he is on. RC Jan 2014 #55

What??? sabrina 1 Jan 2014 #39

Apple shareholder? Ed Suspicious Jan 2014 #23

Nah. But analyst ratings don't move stocks unless it is a well known analyst. nt Lucky Luciano Jan 2014 #24

Well now that the world knows this man has some ethics and morality, his firm may well be about to sabrina 1 Jan 2014 #41

He didn't provide analysis as to why a stock would go down. Lucky Luciano Jan 2014 #43

LOL that analasys is pure emotion Egnever Jan 2014 #45

Why, what do you know about his work? We know he has a conscience, and that's a BIG thing sabrina 1 Jan 2014 #46

.are you really so naive Egnever Jan 2014 #60

Jobs was a brilliant man, but the hero worship disgusted me. mountain grammy Jan 2014 #27

He was a great salesman and his deficit in humanity fits the model perfectly. Egalitarian Thug Jan 2014 #42

you can tell from the tone of the comments pitchforx Jan 2014 #28

Bingo !!! WillyT Jan 2014 #30

Interesting that Samsung invests in Ronnie Moas's company's charitable foundations... berni_mccoy Jan 2014 #33

Great Point... Maybe He's "Evolving" Like Our President... Yet... WillyT Jan 2014 #34

samsung has a diversified product line madrchsod Jan 2014 #52

Anyone notice the interviewer tried to hint that he was mentally unstable? DJ13 Jan 2014 #35

He left off the biggest moral deficient company EVER: Walmart! ccinamon Jan 2014 #36

Please -- At least it's a start! whathehell Jan 2014 #51

You asked nadinbrzezinski Jan 2014 #37

k&r... spanone Jan 2014 #40

K&R woo me with science Jan 2014 #50

how many corporations merit a 'buy' rating based on moral grounds ? nt geek tragedy Jan 2014 #56

Is $2 an hour in China really worse than $8 an hour in the U.S.? dawg Jan 2014 #59