Why Fear Hedge Funds?
Why Fear Hedge Funds? – Ludwig von Mises Institute
Articles by Asensio.com
Another AMEX Scam Bites the Dust.
On November 2, 2000 Asensio & Company, Inc. wrote the U.S. Securities and Exchange Commission describing an apparent scheme to have a series of questionable companies listed on the American Stock Exchange (“AMEX”) and subsequently […]
Short sellers sharply scrutinize companies – USA Today
Short sellers sharply scrutinize companies – USA Today
Thor Valdmanis, USA Today 2/18/03
Asensio is despised in boardrooms for his Dick Tracy snooping and bullhorn denunciations of businesses he believes are frauds. A short seller with a long list of corporate scalps to his name, Asensio was burning […]
Thor Valdmanis USA Today 2/18/03
Everyone agrees [Asensio] gets results. Thor Valdmanis, USA Today
Safeco Growth Drops Skipper Maguire
Safeco Growth Drops Skipper Maguire – TheStreet.com
Cadence reports large increase in place and route transition.
Cadence Design Systems, Inc. (NYSE Symbol: CDN) reported that its Deep Submicron Business Unit’s place and route products produced excellent results in the fourth quarter. Cadence does not know of any place and route benchmark […]
Cellular Technical Services possesses no valuable technology.
Investors may be discounting the obvious limited size of the cellular RF fingerprinting market believing that CTSC’s technology assures that it will gain a dominant share and then develop other valuable services that will utilize […]
Accounting Rule a Boon to PolyMedica
Accounting Rule a Boon to PolyMedica – The Boston Globe
Despite obstruction of justice allegations PolyMedica instructs employees not to volunteer information to federal investigators.
Yesterday PolyMedica Corporation (NASDAQ: PLMD, $31.08) disclosed that it expects federal investigators to contact its current employees for interviews concerning the ongoing U.S. Department of Justice investigation of PolyMedica’s Medicare billing practices. PolyMedica will pay […]
Despite obstruction of justice allegations PolyMedica instructs employees not to volunteer information to federal investigators.
Yesterday PolyMedica Corporation (NASDAQ: PLMD, $31.08) disclosed that it expects federal investigators to contact its current employees for interviews concerning the ongoing U.S. Department of Justice investigation of PolyMedica’s Medicare billing practices. PolyMedica will pay […]
End of PolyMedica’s Medicare “bonanza” draws closer.
A new regulation that outlines revised procedures for reducing excessive Medicare reimbursements to suppliers of durable medical equipment (“DME”) was scheduled to be released by October 21, 2002. However, on October 18th the U.S. Department […]
Rules affecting PolyMedica’s pricing scheduled for November release.
A study conducted by the U.S. Department of Health and Human Services (“HHS”) Office of Inspector General (“OIG”) released on June 12, 2002 found that Medicare paid higher than market prices for some medical supplies. […]
Black Box Corporation
October 23, 2002 letter to Black Box orporation.
Bill Burke The Virginian-Pilot
Asensio is widely known on Wall Street as a “short seller,” an investor who makes money as the result of a company’s financial distress. Bill Burke, The Virginian-Pilot
Warning signs unheeded in “smart highway” deal
Warning signs unheeded in “smart highway” deal – The Virginian Pilot
Black Box Corporation
October 15, 2002 letter to Black Box orporation.
Taxpayer funding used to support PolyMedica’s stock promotion.
According to PolyMedica Corporation’s (NASDAQ Symbol: PLMD) (Price: $24.71) most recently available Proxy Statement, approximately 7 million shares, or 56% of its outstanding shares, are held by just six so-called “institutional investors.” This concentration of […]
Brocade Communications Systems, Inc.
September 12, 2002 letter to Brocade Communication
Brocade Communications Systems, Inc.
September 10, 2002 letter to Brocade Communication
Asensio & Company, Inc. issues two new reports on PolyMedica Corporation.
Today August 13, 2002, Asensio & Company, Inc. released two new equity research reports titled “PolyMedica’s ‘hidden’ losses surpass $55 million. Medicare moves to cut payments.” and “Why did Mr. Lee leave without notice?” The […]
PolyMedica’s “hidden” losses surpass $55 million. Medicare moves to cut payments.
On July 25, 2002 PolyMedica Corporation (NASDAQ: PLMD, $27.41) announced a dubious $592,000 increase in its reported quarterly net income. This meager $0.6 million increase in net income was questionably accomplished with a $3.2 million […]
Why did Mr. Lee leave without notice?
On August 5, 2002 PolyMedica Corporation (NASDAQ: PLMD, $27.41) announced that Steven Lee retired as its Chief Executive Officer effective immediately. In connection with Mr. Lee’s retirement PolyMedica will continue to pay him his $610,000 […]
Grubman Touted Winstar, Even as It Was Sinking
Grubman Touted Winstar, Even as It Was Sinking – The Wall Street Journal
NASD Prepares Action Against A Star Analyst
NASD Prepares Action Against A Star Analyst – The Wall Street Journal
AMEX’s Cross Media expects second quarter loss and cuts operations.
On August 1, 2000 Cross Media Marketing Corporation (AMEX: XMM, Price: $2.33) was listed on the American Stock Exchange (“AMEX”). On July 9, 2002 Cross Media announced it had been “officially added to the Russell […]
Ill Will – The Inquirer
Ill Will – The Inquirer
L. Stuart Dinzen Inquirer Magazine, Philadelphia Inquirer
[Asensio] borrows lots of stock and sells it high. When the price falls, he buys the stock back, returns it to the owner and counts his winnings. Most of those stocks have plummeted. Several companies […]
“Ill Will” published in the Philadelphia Inquirer.
Published on Sunday, July 14, 2002 in the "Inquirer Magazine" of the Philadelphia Inquirer. Ill Will One man has struggled for 30 years to bring a drug to the market. The other shrieks that it’s […]
What to Bet Against The stocks that are on the lists of many short-sellers
What to Bet Against The stocks that are on the lists of many short-sellers – BusinessWeek