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Non-Tech : Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH -- Ignore unavailable to you. Want to Upgrade?


To: Jack Hartmann who wrote (154)1/26/2004 1:45:20 PM
From: Jack Hartmann  Respond to of 167
 
Some Realmoneyt.com writers thought IVAN was hype before the resignation.

Then there's Crazy IVAN, a Canadian oil and gas driller with negative cash flow and a clouded outlook. Ivanhoe Energy (IVAN:Nasdaq - commentary - research) was trading under a half-million shares a day in early June before the hype machine revved into high gear. Within two months, this 45-cent stock was racing higher on more than 15 times its average daily volume.
Once Again, Don't Believe the Hype


By Alan Farley
Special to RealMoney.com
12/01/2003 11:56 AM

Then there's Crazy IVAN, a Canadian oil and gas driller with negative cash flow and a clouded outlook. Ivanhoe Energy (IVAN:Nasdaq - commentary - research) was trading under a half-million shares a day in early June before the hype machine revved into high gear. Within two months, this 45-cent stock was racing higher on more than 15 times its average daily volume. One source for the move comes way too close to home: a swing trading newsletter for another publication. Seriously, I don't know enough to judge the wisdom or motives in pushing a sub-dollar stock to a broad and gullible public readership. I do know it's something I would never do because it would seriously undermine my credibility.

Hal Uy
IVAN
11/17/03 03:22 PM ET
I have received several emails about my Ivanhoe (IVAN:Nasdaq) short. This is a fundamental short for me not technical. I am short because of my concerns about company management. I am aware that IVAN is a long stock pick of one of the hottest newsletter writers.
IVAN
11/17/03 11:40 AM ET
I'm looking to add to my short in Ivanhoe Energy (IVAN:Nasdaq). Im planning to average into this over a wide range.

Jack



To: Jack Hartmann who wrote (154)1/26/2004 5:46:17 PM
From: tradermike_1999  Read Replies (2) | Respond to of 167
 
There is more than meets the eye here. There has been a personal beef between Cramer and CBS Marketwatch for years so I can imagine he gloated a little when he first heard the news of Calandra's resignation. To me this news is no surprise. I've been hearing that the Ivanhoe companies are pump and dumps for several months from people in the mining industry and as time goes on I believe that this scandal is going to get bigger and a lot of other big name gold newsletter writers are going to get sucked into it. If you are a subscriber to Calandra's newsletter and have bought some of the stocks that he has recommended then you need to look at them very carefully. If they are gold exploration companies without any revenues at all you should seriously consider selling them. It may take a few months, but I believe that more dots are going to get connected. The SEC opened up an office in Vancouver during this past summer. A lot of pump and dump stocks trade on the Vancouver stock exchange. Stuff is going to come out. It is just a matter of time. And people are going to get taken down. Don't go down with them. What is going on is huge and I'm going to prepare a large article that explains the current developments over the course of this week and may follow on with an in-depth research report into some of his other stocks picks later.