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The Oil Shortage, and Other Fairy Tales

Posted on May 22, 2008

We all know the story of the Emperor s New Clothes.It s the one where a con man convinces the foolish kingthat he has the finest suit in all the land when there is nothing thereat all. Today was a day for exposing several scams. One we spokeabout yesterday was Michael Masters testimony to the Senate on the great commodity scam. Also yesterday Friedman Billings Ramsey (FBR) moved into my camp and stripped First Solar (FSLR) down to a sell rating, sending that stock tumbling 7% today, passing our $285 target(so we covered). Another naked scam that came to fruition today wasthe artifi...

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