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Adam Strikes Again - Shorts Grasping
#2

Adam is an idiot.  I can't understand how the SEC doesn't shut him and Seeking Alpha down.  In the past he's tweeted about an upcoming negative article days before it was released.  What's hilarious is that he wants a job in the invetment industry but is certainly providing clear "evidence" that he has a terrible track record.


Evidence Suggests That Acme Packet's Takeover Rumors Were Fake


http://seekingalpha.com/article/836921-evidence-suggests-that-acme-packet-s-takeover-rumors-were-fake

The agreed-upon price represents a 22 percent premium to Acme Packet's closing price on theNasdaq on Friday. Oracle agreed to pay $29.25 per share in cash, representing a fully diluted equity value of $2.1 billion.

2/4/2013


Oracle to buy network gear maker Acme Packet for $1.7 billion


http://www.reuters.com/article/2013/02/04/us-acmepacket-offer-idUSBRE9130H420130204

Adam indicated that he was short on August 30th when APKT  was trading at $19.33.  so the buyout wasn't CSCO but that didn't matter.  APKT got bought out for more than 50% more than the price when Adam's article was written.

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RE: Adam Strikes Again - Shorts Grasping - by IOCHUHU - 04-10-2013, 02:32 AM

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