Past Reports
Short OPK. The Insider Cliff
April 9, 2013
Disclosure: I am short OPK. (More…) When I first raised the alarm about Ziopharm Oncology (ZIOP), I received death threats and threats of lawsuits from many retail investors. Some of these can still be found...
Short NOW. Analysts Say Buy, As Insiders Dump Stock Early
April 1, 2013
Investment Thesis ServiceNow insiders have now sold over $400 million of stock even after its IPO, disregarding bullish calls from research firms (who happen to also be its...
Short ZIOP. Retail Gets Slaughtered
March 26, 2013
Shares of Ziopharm Oncology (ZIOP) plunged by 64% to $1.82 on Tuesday when it released news that its only late stage drug candidate failed to meet its primary endpoint....
Short TRLA. Stealth Lockups Allow Early Selling
March 26, 2013
A bubble for tech stocks is clearly back. The NASDAQ has more than regained everything that was given up in the Great Recession and at 3,213 it has returned...
Short ALNY. Alnylam Triples Despite Setbacks
March 26, 2013
Disclosure: I am short ALNY. The past 12-14 months have seen a very strong rally in the overall markets, sending the Nasdaq index to levels not seen in 13 years. Biotech stocks have...
Short PCRX. Pacira Stretched Thin
March 26, 2013
Pacira Pharmaceuticals (PCRX) is an emerging specialty pharma company which in 2012 launched an opiate alternative (“Exparel”) for post surgical pain management. The product is currently approved for use...
Short PCRX. Why are insiders selling ?
March 26, 2013
Last week I published an article noting several sell signals which were emerging at Pacira Pharmaceuticals (PCRX), which was closing in on a triple since 2012. In just the past few weeks...
Short OPK. Opko Set To Pullback
February 7, 2013
Shares of Opko Health (OPK) have risen 65% in the past three months as a string of domestic and international acquisitions, along with a greater collaboration with Bristol Meyers...
Short UNXL. As Unipixel plunges, MDB Capital pulls research
January 25, 2013
Shares of Unipixel have dropped 30% from their high in the last 2 weeks right as MDB capital pulled all of its research from the MDB website. Additional case studies...
Short Trina. $14 billion in off balance sheet liabilities
January 7, 2013
Trina Solar has over $1.2 billion in total debt, with roughly $800 million coming due. Trina also has over $14 billion in off balance sheet liabilities which lock it in...
Short Neptune. Retail gets pumped on Neptune
December 17, 2012
A factory explosion left Neptune Technologies (NEPT) with no factory, no revenues, no product and only 10 employees. Despite this, an aggressive promotion to retail investors by 3rd parties has...
Short BIDU. Heightened risks at Baidu
December 9, 2012
Over the past few years, I have been a consistent bull on Baidu.com (BIDU), which has served me quite well on a number of occasions. However, as a number of...
Short CBAK. CBAK is insolvent
December 3, 2012
Normally I try to shy away from very low priced stocks, however in the case of China BAK Battery (CBAK), it is a company which I have been quite familiar...
Short Cleantech. A troubling visit to Cleantech
December 1, 2012
Cleantech Solutions (CLNT) is a tiny $12.0 million market cap company which describes its business as the manufacture of forged and fabricated products for end use primarily by manufacturers of...
Short Hi-Tech Pharmacal. Set to Drop 60%
November 29, 2012
Following a 40% plunge in earnings last quarter and a drop of nearly 60% since last year, earnings at Hi-Tech Pharmacal (HITK) are once again set to plunge next week...
Short ZIOP. Undisclosed FDA warning letter
October 21, 2012
A close investigation of Ziopharm (ZIOP) reveals an undisclosed FDA warning letter and instability with Palifosfamide
Looking at VIE structures
August 20, 2012
Variable Interest Entity (“VIE”) structures were first introduced by Chinese companies listing in the US as far back as the year 2000 when SINA had its initial public offering on...