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Daily Distortions No.33 It’s the usual suspects again…

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Some of these journalists should do their homework. Really….

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Is there anything to it? Not really..

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A last ditch effort from a couple of really desperate guys. Not even worth mentioning, but here just for entertainment purposes..

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Well, we knew it was coming… Barry Minkow, a “fraud buster” with a history of years in jail for securities fraud is targeting InterOil. But does serious fraud investigations involve shorting the stock, accepting large payments from hedge funds, turning up daily at message boards (even rigging it’s ratings system), things that emerged from a […]

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Since perception can often trump the truth, it’s quite important to keep one’s eye on the truth. Remember, it’s way easier to scare people into selling than it is to ’scare’ them into buying..

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The misinformation campaign gathers storm (no surprise there, the shorts are rapidly running out of time), but it’s not hard to refute..

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This really goes to the heart of the matter, which is why it’s terribly important. Don’t be fooled..

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Unfortunately, we have to revive the series as the shorts are embarking on a desperate last-ditch effort to smear InterOil with the help of a self-styled “world-class” fraud expert (who happens to hang around message boards all-day, every day…)

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InterOil’s share price collapse from the mid twenties to ten was, although bad in itself, not worse than most other small energy companies with a need for funding, and the whole market was terrible in these few weeks. However, there seem to have been special forces at work.

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