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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?


To: Covenant who wrote (176)3/15/2012 9:33:38 AM
From: turnaround_seeker  Read Replies (1) | Respond to of 1876
 
Covenant...its obvious I know your agenda, and now that you've had your say about fraud with DMND, what do you think about those who are hired or paid to find fraud, but when there is no fraud found they keep insisting that fraud has to exist?

I've been involved in turnaounds where fraud actually did exist (Health South for example), but when it was realized and corrected, a 10 Bagger came calling.

I know you support the likes of Marc Cohodes for his targeted attack on Novastar which proved to be nothing more than a witch hunt. Do you think that witch hunts where no fraud, but only speculatioin of fraud exists should be ignored?

As an auditor I'm sure you find lots and lots of mistakes, and I'm sure there are many questions following every audit you've ever done. Do you believe in the 'ol addage there are "two sides to every story" or "innocent 'til proven guilty"

Final question...have you ever been wrong? Is it possible that you've been wrong about me being involved in an illegal pump and dump scam? Is it possible that you may have been wrong about Novastar intentionally committing fraud?

Here's a chance for you to express your true and honest feelings like I have, but if you chose not to, I understand.

Richard Morris
Va. Beach, Va.