MV Oil Trust (MVO)

[bar1080]

I've never shorted a stock-- too dangerous -- but I'm impressed as hell with the best shorters. Chinese stocks have always been garbage. I've bashed some going back 15 years. Their accounting was almost nonexistent. Shorters played a huge role in getting that accounting situation recognized, but only in the past 2-3 years.

Had Madoff's scam been shortable, it would have blown up quickly. His CPA was a huge red flag. Too bad single family homes aren't directly shortable or the housing bubble wouldn't have gotten so out of hand. With housing, everyone was a cheerleader; no one was a basher. Gov't was the biggest cheerleader of all!

I'll have to look into lawsuits against SA. Didn't know about that.