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Re: REAZO post# 43119

Monday, 01/05/2009 5:33:09 PM

Monday, January 05, 2009 5:33:09 PM

Post# of 51429
I think there is as much possibilty that the NSS is a red herring as the possibilty that it is really happening.

So far the ones willing to critique Hemi have been closer to the mark and I'm not just talking about the chart. The lack of delivery is more likely causing this down trend, not NSS.

But even if NSS is playing a role then Hemi sure is giving the MMs all they need to get away with it.

An excerpt:

WARREN BUFFET ON SHORT SELLING

Buffet does not really short companies, often times the companies targeted by short sellers have some chicanery going on. Therefore it is difficult (especially with such horrible enforcement of accounting and other fraud by Christopher Cox and his organization) to be right when people running these companies have incentives to continue to deceive the market. Instead people will blame the short sellers. An interesting case study is Overstock.com and the comical rhetoric of their CEO. A good steward of capital will manage their business, in general if a CEO should concentrate on the fundamentals and look in the mirror for blame rather than blame short sellers for the problems CEO’s created. You want to bury short sellers, create some free cash flow and announce a major buy back of your shares!

On his own shares he has stated that he will willingly lend shares of his company to any short seller. Why isn’t Warren concerned about short sellers attacking him? He knows that eventually a short seller is a future buyer of shares, he can also get paid for lending his shares. He has confidence in his business and value creation and that this will be a profitable proposition for him.



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