Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

September 22, 2014

What's up with Alibaba Plus Bonus Amazon Coverage

     Here's Seeking Alpha at the top of its game, giving us spot-on accounts of 1) the pesky Amazon issue that keeps actual investors at bay and 2) the core problem at Alibaba, namely that this ersatz investment, like all mainland Chinese "corporations" is really owned by the goddam Communist Party, and any "shares" sold by commie slant-eyes, being imaginary, grant ownership in nothing.  How inscrutable pinkos do this with something called a Cayman Island variable interest entity will entertain legal jocks, and some of the reader comments following the piece offer a captivating view of the speculative mind at its most oblivious.  Some of our subscribers may learn why professional money managers get sucked into positioning this kind of crap too.  Check out what quickly became a must-read here at Global Headquarters written by a savvy analytical stud hiding behind the intrepid moniker, Workhorse Investor: 

http://seekingalpha.com/article/2504375-the-fundamentals-of-stock-ownership-amazon-and-alibaba