Disclosure: The author has a short position in one or more of the shares mentioned. 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.
A useful lesson has been handed out recently to bears by the price action in two stocks: Telit Communications (TCM), an Israeli fraud quoted in London, and Eros International, an Indian fraud quoted in New York.
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