Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH Message Board

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Non-Tech : Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH

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To: Pluvia who started this subject	11/13/2003 12:15:42 AM
From: Wolff	Read Replies (1) of 167

Has Thom Calandra loopholed himself around CBSmarketwatch policy? What is CBSMarketWatch Policy? “In cases where a journalist has a financial interest in a company or security that is then written about in a story, he or she will divulge the nature of that interest in a brief footnote in the story or column.” So if Calandra has a position he should at the bottom of the piece disclose that ownership to the reader. That is pretty clear. ---- Why does CBSmarketwatch have this policy? It’s likely because similar to what the CEO of CBSmarketwatch said once. “Larry Kramer: "We have a brand, and people trust us, and we're vulnerable if we do something wrong."” -------- Look at The Calandra Report Advertisement page located here cbs.marketwatch.com This is the page that readers who are not familiar with Calandra would look at. This is where an investor not familar with the Calandra report would start to look. Located on the top of this page is an IVAN recommendation, right across from the heading “Invisible Opportunities” It says this: --------- An excerpt from a recent issue of The Calandra Report: "The copper, gold and other minerals beneath the Gobi will find its way to China at increased premiums to market price. Own the Tien Shan minerals belt any way you can, be it Ivanhoe Mines, Pacific Minerals or Sparton Resources. (There are others in the region as well.) Own the Tien-Shan for your sake and the sake of your descendants. And on Ivanhoe Energy? It 's all in the past 20 issues. Shares of this pioneering natural gas and oil company (IVAN in U.S.and IE in Canada) will go to $10-plus overnight if CITIC, the China International Trust & Investment Corp.- says it has taken an equity stake in the company or its China unit, Sunwing Energy. It 's that simple. In the two weeks or so that we have to wait for such an event, Ivanhoe Energy just might provide a material update on CEO Leon Daniel 's recent trip to Iraq." ------------------------ That is an impressive recommendation. Calandra has wrote about IVAN 20 times, and says IVAN can go to 10, and foreshadows a press release that IVAN later makes on Iraq. According to CBSmarketwatch policy he should disclose his position to reader. However no such disclosure is offered to readers of this CBSMarketwatch webpage. IVAN is held out as the invisible opportunity to the reader, the reason why someone would want to start subscribing CBSMarketWatch Calandra Report. Many or most readers would think that IVAN is held out to the reader of the page as a the “freebie recommendation”. "The one to try before you buy." But nowhere on the page is the reader informed of Calandra’s position in the stock. Nowhere is the relationship Calandra has with Friedland, or the complimentary free travel that Ivanhoe has given Calandra. It seems silly to think that this information is not viewed by many readers, many investors. It also seems reasonable that these “new” readers are the ones most in need of CBSMarketWatch own policy. continues here Message 19497016

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