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Re: Alan Brochstein post# 112600

Sunday, 05/05/2013 12:09:14 PM

Sunday, May 05, 2013 12:09:14 PM

Post# of 238851
Alan, some investors may have similar questions or concerns, but there is a difference in our roles. You assumed the role of the reporter and as such I am compelled to measure you from a reporting yard-stick.

A reporter is impartial to the subject of investigation, but in your situation, I detect you are looking for clues that are incriminating or imply guilt. That would make you more of a prosecutor than a reporter, but when you convert even neutral clues, for which there is no information and turn them certainties of guilt, then you have moved beyond the prosecutorial role and into a witch-hunt organizer role (turning emotions and suspicions of a mob against a target).

A valid piece of investigating reporting starts at step1 by evaluating available information and identifying missing pieces without making any judgements. At step2 (no publication has been made yet) an honest reporter contacts the company with the following quarry:

"Hello, my name is Alan and I am about to write a article about your company for which my investigation has revealed gaps that raise questions, which if published could put you on a negative light. Would you be available for comments/clarifications ?"

The company might respond with "No comments, go away", or with "Certainly, lets sit down and answer your questions"

At step3 after having both public data and the company response you can finally preface your article with: "Having looked into the financial statements of MJNA, some questions were raised. The company was contacted and was given a chance to address our concerns and ..." either "they did", or "they did not". "As such here are our findings for the audience to evaluate ..."

Maybe in the in the US the idea of journalism has been so severely distorted by the main media outlets, that we no longer have a fixed frame of reference for reporting quality, but it is my assessment that so far you do NOT fit the investigative/reporting role. Your approach involves finding a disparity and immediately form an opinion of guilt as soon as possible. Take the disparity and the accusation to the mob, plant the prejudicial seeds in their minds and circulate them until their inability to refute them strengthens it ... use that prejudicial self feeding loop as evidence of guilt.

I have been willing to give you the benefit of the doubt but your approach is lacking.