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Re: chemist72 post# 7808

Friday, 12/07/2018 6:46:46 AM

Friday, December 07, 2018 6:46:46 AM

Post# of 8795
Anytime money is involved, my experience is people can find themselves taking less than skillful actions. And when you circulate in the small pond of Private Equity, the odds of you being unduly negatively influenced become significantly increased. People influence people.
People who invest billions with them expect out-sized performance. How are they going to deliver in what is feeling more and more like a bear market?

Also, I had a friend who was a successful and notorious short-seller for many years. Short-sellers, too, like to remain under the radar. And for good reason. My former friend ended up taking all kinds of questionable actions in order to realize profits on his positions. From hiring PIs to get dirt on CEOs, to rifling through insider's trash, to planting moles inside companies, to planting fake news stories in the media. Whatever it took.

Does that make PIOE/RCP like him or them? Not necessarily, but in my estimation, they're swimming in a pretty polluted pool. I wouldn't be surprised if one day they turned up with muck on them. (BTW, they just paid a judgment settlement in one of their other companies - Globalscape).
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