shareholdersunite.com

When a UCLA professor embarks (on a Saturday night!) on reasoning this sloppy, fact-less, substance-less, on one of the most notorious message boards around, we have to assume it’s done on purpose, with a purpose.

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Some of these journalists should do their homework. 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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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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The more nonsense they write and the more personal insults we and this website receives, the more we know we are on to something..

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There is a new distortionist artist on the boards posting an unprecedented amount of nonsense in the most aggressive way. The fact that the shorts have to resort to these kind of tactics (even personal threats) shows just how few real arguments they have, even in the midst of market mayhem.

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We have to get back to a series we ran a couple of months ago. With InterOil talking to several potential partners, the people who are short on this double their efforts…

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Some necessary inoculation. There are a couple of hedge funds with 10M+ shares short, roughly half the float. This situation produces very large incentives to distort information, and we’re putting it politely. We’ve already given 19 examples of this in previous episodes, even offered the perpetrators a page here to answer our accusations, they declined..

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Written by a free-lance journalist and published in Jan 2007, an article about InterOil keeps reappearing (through the effort of one person, albeit with multiple identities). Is there something to that article? We once wrote a rebuttal, here it is in full. Daily Distortions no.21. [we’ve added a minimum of updates in brackets]

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