Ep. 438: The Big Short Never Ends with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The CEO of Valiant, Jeff Skilling, May 28th, 2014
Citron Research calls Valiant's relationship with Filidor the turd in the punch bowl. Shares of Valiant crash more than 40% since the Citron report. Bill Ackman's Pershing Square capital has lost close to 1.9 billion on paper this year on its Valiant bet. Much of those losses have happened in the past two weeks. And business insider goes on to also say, quote, suggesting Valiant may be operating as an in Ron like fraud.
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