WTF... do I get the joy of hearing this guy...
Funny how obsessed with Scams and overall market bullshit he is.... Kind of like a scammer who knows the scams.
What did he sell to yahoo.... broadcast.com.... Oh ya... that went big... his only claim to fame seems to be that he knew what a shell game he was running and got out while the getting is good.... I guess that is a smart business man... knowing when the Jig is up.
In July 2006, Cuban financed Sharesleuth.com [34], a web site created by former St. Louis Post-Dispatch investigative reporter Christopher Carey to uncover fraud and misinformation in publicly traded companies. Experimenting with a new business model for making online journalism financially viable, Cuban disclosed he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication. Business and legal analysts questioned the appropriateness of shorting a stock prior to making public pronouncements which are likely to result in losses in that stock's value. Cuban insisted that the practice is legal in view of full disclosure [35][36][37].
2 comments:
You are correct!
Cuban is like the kid in the neighborhood who knows which pop machine is broken so that it gives out free pop, or which family keeps their garage door unlocked and the old man's beer unattended.
The opposite of Cuban is Jeff Bezos, the geek who started an on-line bookstore and could have sold out for a few billion in 1999, but chose to keep his shares and act as CEO-- of a freakin' bookstore.
So while Cuban is out banging models (male or female) and cavorting with celebs, Bezos is driving a civic to work every day and trying to gain marketshare by selling soap and underwear. Pathetic.
And that CNBC hauls him out like some kind of CEO messiah.
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