Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As if poor shareholders in Lenigas Cuba (CUBA) did not have enough reasons to be miserable now they must cope with news that Richard "Gollum" Gill has published a buy note on the stock.
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Comments
Its Me
“It is the policy of ALIGN Research to only cover companies in which we have conviction in the investment case. Our “Conviction Buy” recommendation is derived from our conviction in taking equity as payment for our research services while absorbing the cash cost of our freelance analyst payments” Hmmm…..
Cheryl Coles' Gusset
It gets better:
“Leni Gas Cuba is a research client of Align Research.
Align Research owns shares in Leni Gas Cuba.
A Director of Align Research holds a personal interest in Leni Gas Cuba
and is bound to Align Research’s company dealing policy
ensuring open and adequate disclosure.”
No vested interests were considered there huh, when the “research” was written? lol……
J P Spaghetti
“Our “Conviction Buy” recommendation is derived from our conviction in taking equity as payment for our research services while absorbing the cash cost of our freelance analyst payments””
All the more motivation for them to engage in groundless ramping and undermines somewhat the candid integrity that would otherwise be implied by charging an honest fee for reports and analysis, I suppose.
At least Sméagol (text editor added the accent automatically – a knowledge of Middle Earth would be most impressive!) had a core of decency, but this Gollum character sounds like an out-and-out slimy so-and-so – surely SM would have had good grounds to have had his arse hauled before a tribunal.