August 9, 2006

Sharesleuth, Xethanol, and Investing

Filed under: Blogging, Culture, Debate, Foolish, TEH INTARWEB — Tim @ 12:02 am

I am not an investor, nor should the following be taken as investment advice. Well, maybe.

Earlier this year, Mark Cuban hatched a new idea: investigate publically traded companies and then short the stock if he didn’t like what he found. It is aptly called Sharesleuth.

Today, the first company he shorted was unveiled, it was Xethanol Corporation. Never heard of them? Then check out this hugely ginormous report.

I recommend reading the report if only to illustrate what you probably should never do: shaft colleagues and investors, it will catch up with you.

Via DealBreaker