tag:blogger.com,1999:blog-4815867514277794362.post5165824924221380354..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Mr Ackman's letter to the Allergan boardJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-4815867514277794362.post-369588587268500442016-04-14T14:26:53.989+10:002016-04-14T14:26:53.989+10:00.
.
NONE OF YOU SEEM TO UNDERSTAND THE APPARENT UN....<br />.<br />NONE OF YOU SEEM TO UNDERSTAND THE APPARENT UNDERLYING WHAT I OPINE IS THE FRAUD<br /><br />My Opinion based on my reading of the litigation AGAIN read the litigation. <br />They were BUYING small pharmacy to get around <br /><br />SALE LICENSING in states Like CA. <br /><br />They Were SELLING DRUGS WITHOUT LICENSE TO SELL DRUGS ....<br /><br />They were PRETENDING TO BE THE OLD COMPANY LICENSED AND TRUSTED SO NO QUESTIONS<br />WOULD BE ASKED BY THE INSURANCE CARRIER.<br />.<br />.<br /> READ THE LITIGATION . <br /><br />I will be shocked if a State Like CA Does NOT FILE - SALE WITHOUT A LICENSE.<br />Well maybe Not Shocked if there is political payoffs.<br /><br /><br />I have said this many times for many months READ THE LITIGATION.<br />Sale without a license. <br />.<br />.<br />. I am not a robot you can contact me at epjacobse@aol.com for further proof if you like.<br />.<br />.<br />.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-58842343496109990112016-04-08T02:31:07.884+10:002016-04-08T02:31:07.884+10:00Mic drop.
hAckman is giving Paulson a run for hi...Mic drop. <br /><br />hAckman is giving Paulson a run for his money these days.WellRednoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-70920666901138140102016-03-29T03:37:57.502+11:002016-03-29T03:37:57.502+11:00It took me a few years, John, but I see fully now ...It took me a few years, John, but I see fully now why you are so anti-Ackman. What an indictment of the hedge fund stereotype he is.hugs'nkisseshttps://www.blogger.com/profile/00865381228711661551noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-7323788590430045902016-03-26T16:21:15.221+11:002016-03-26T16:21:15.221+11:00The sad thing is that the idiots who continue to i...The sad thing is that the idiots who continue to invest in Pershing Square will forget all about this episode in a couple of years' time. You don't see anybody talking about Platform Specialty, Target, or JC Penny much, even though those are all COLOSSAL mistakes. Ackman's key skill is being a good sales person. He will sell his way out of this predicament, and continue to rack up huge fees from his sheeplike investors for years to come.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-73078738894385768342016-03-25T13:30:49.018+11:002016-03-25T13:30:49.018+11:00Anonymous "you only did some piecemeal, incre...Anonymous "you only did some piecemeal, incremental follow up on Citron's research", you may wish to surf this blog for much older posts than Citron's Research and you might learn something...<br />If I remember well, John Hempton whispered "Philidor" before the Citron report, showing to his fans how knowledgeable he is on Valeant.dedenoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-46715224535488709062016-03-24T04:18:37.538+11:002016-03-24T04:18:37.538+11:00He's the kind of megalomaniac who just made a ...He's the kind of megalomaniac who just made a ton of money on a short....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-67035653834667416412016-03-23T22:30:15.031+11:002016-03-23T22:30:15.031+11:00The sad thing is not just that he has imploded him...The sad thing is not just that he has imploded himself, but that he truly thought what he was doing was right. Delton Smithhttps://www.blogger.com/profile/11886992447763798543noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-9085628521821588482016-03-23T09:49:55.996+11:002016-03-23T09:49:55.996+11:00And Allergan's stock price today is $277.22, v...And Allergan's stock price today is $277.22, versus around $220 when Ackman wrote this letter. The value of the deal after VRX's plunge would equate to about $94 per share for an Allergan shareholder. <br /><br />We've all made a bad call now and again. However, the hubris here in Ackman's "21 year governance investor's" letter is legend...wait for it....dary.<br /><br /><br />Jonnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-16126445332273989002016-03-22T03:27:04.657+11:002016-03-22T03:27:04.657+11:00This is too rich, thanks for the laugh. This is too rich, thanks for the laugh. Bennoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-62468459629857796122016-03-22T00:54:43.935+11:002016-03-22T00:54:43.935+11:00Dear Mr. John Hempton,
I got out of university la...Dear Mr. John Hempton,<br /><br />I got out of university last year and entered the investment world as an analyst.<br /><br />I proceeded to invest a large portion of whatever funds I had into Valeant.<br /><br />I lost a lot of money,<br /><br />but I believe that I received an invaluable education over the past few months about all kinds of investing topics: risk management, fomo, trust, accounting, business model risk, governance, debt/leverage etc. etc.<br /><br />You have been a big part of my early education in this business.<br /><br />Thank you for making your views public and sharing your analysis on this company with everyone. I will look to many of those old blogs and re-read them over the years to re-learn the lessons.<br /><br /><br />Again, thank you very much.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-43590718778686663642016-03-22T00:03:54.694+11:002016-03-22T00:03:54.694+11:00I mean seriously? What kind of a megalomaniac you ...I mean seriously? What kind of a megalomaniac you are to enjoy Ackman's mistake? First, you did not come up with the short idea of VRX in the first place. Second, you only did some piecemeal, incremental follow up on Citron's research and now by p[osting this ridiculous thing, "implicitly" trying to get credit for all this? Look, I have no position in VRX and have been following 2 years, now. Ackman is not a normal guy, dont get me wrong. But, you, for sure, is as weird, if not more weird than Ackman. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-20030017223794102692016-03-21T23:05:28.788+11:002016-03-21T23:05:28.788+11:00thanks for sharing! I still fail to understand how...thanks for sharing! I still fail to understand how Valent passed the bar of supposedly well informed investors diligence when many of the issues were so straight forward. But glad to see that Bronte does its own independent workabee crombiehttps://www.blogger.com/profile/13320039155613443039noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-14851983376710049162016-03-21T21:23:58.313+11:002016-03-21T21:23:58.313+11:00"We remind you that it takes a lifetime to bu..."We remind you that it takes a lifetime to build a reputation and only a few minutes to destroy it."<br /><br />The irony of it is almost too much...Martin Ghoulhttps://www.blogger.com/profile/18044285425430522729noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-35990017206209934792016-03-21T12:34:55.239+11:002016-03-21T12:34:55.239+11:00How dare you embarrass him with his own words. Su...How dare you embarrass him with his own words. Suggesting that Allergan board members would be shamed in their families eyes. I suppose his children are ashamed of him now, poor (shallow) fellow.DAMnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-20253468231495511562016-03-21T12:08:05.184+11:002016-03-21T12:08:05.184+11:00"then first apologize, and then negotiate the..."then first apologize, and then negotiate the best deal you can for Allergan shareholders."Anonymoushttps://www.blogger.com/profile/04793083736589548864noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-1234701143960509252016-03-21T11:25:24.352+11:002016-03-21T11:25:24.352+11:00John, I've been following your work for some t...John, I've been following your work for some time. I work in the industry also. This is one of the funniest things I have seen today. I tip my hat to you. Keep up the diligent work.the emperornoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-27634497975577466612016-03-21T09:13:04.537+11:002016-03-21T09:13:04.537+11:00God, imagine being married to that guy.God, imagine being married to that guy.Nichttps://www.blogger.com/profile/05697095752993657113noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-52629624398364230822016-03-21T07:19:36.939+11:002016-03-21T07:19:36.939+11:00At the time, the board was under intense pressure....At the time, the board was under intense pressure. It takes guts to reject a seemingly jucy paper offer and call the hedgie darling what it actually is: a house of cards. Well played, Allergan board.Anonymousnoreply@blogger.com