{"id":254,"date":"2017-12-06T13:12:39","date_gmt":"2017-12-06T13:12:39","guid":{"rendered":"http:\/\/2point2capital.com\/blog\/?p=254"},"modified":"2017-12-06T13:15:38","modified_gmt":"2017-12-06T13:15:38","slug":"tweetstorm-anatomy-of-a-bull-market-fraud","status":"publish","type":"post","link":"https:\/\/2point2capital.com\/blog\/index.php\/a2017\/12\/06\/tweetstorm-anatomy-of-a-bull-market-fraud\/","title":{"rendered":"Tweetstorm: Anatomy of a Bull Market Fraud"},"content":{"rendered":"<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bull markets are a great time for fraudster promoters to make money. If you are a fraudster and also want to benefit from this bull market, here&#39;s a thread that explains how you can defraud shareholders and get rich.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935385741995024384?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">2. Draw analogies to D-Mart or other businesses that investors love (next Page Industries maybe?). Doesn&#39;t matter if your business is nothing like the ones you are comparing it with.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935385901949009920?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">4. Start making up the numbers. Only Revenue and PAT matters. So don&#39;t worry if the Balance Sheet has all sorts of large unexplained scary stuff. No one looks at the BS in a bull market.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386089912537088?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">6. Gold plate the capex to siphon out funds. Pay salaries and other operating expenses using siphoned cash resulting in even higher profits and market cap. No one questions absurdly low salaries or purchase of computers worth 20 lakhs per employee.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386257013665792?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">8. Also, don&#39;t worry if you have almost zero on-ground sales or operations. No one will check. Even the outlets you mention in the investor presentation don&#39;t really have to exist. Just don&#39;t do the mistake of providing store location links on Google Maps or your website.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386432683745282?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">10. Start advertising on CNBC and Economic Times. Why? Because your audience is the investor community. Doesn&#39;t matter if actual consumers have never heard of your products, the investors should hear about it every week.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386580771938305?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">12. Publish fancy quarterly investor presentations, glossy annual reports with language that would wow even Shashi Tharoor, hold con-calls after every good quarter reiterating aggressive guidance.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386738251329536?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">14. Buy few shares of your own company. Investors will take your buying as a sure sign of a booming business. Doesn&#39;t matter if other related parties are selling. Follow the PP Waterballs playbook &#8211; <a href=\"https:\/\/t.co\/5X4Zb96pxn\">https:\/\/t.co\/5X4Zb96pxn<\/a><\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935386895382544385?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">16. Announce de-merger of a part of the biz. Nothing creates as much value as a de-merger even if it makes no logical sense. Promise other value-unlocking measures.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935387065251905536?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">18. Pledge your stock as much as you can. Spread rumour that you are pledging stock to buy your own stock which will again be taken as a +ve.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935387223129649152?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">20. Pledges will be invoked, stock will crash. Announce that you are facing temporary cash flow problems which will be quickly resolved. Of course, they will never be resolved. After few weeks of panic, yelling, and abuse, investors will forget your company ever existed.<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935387377853329408?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">21. Wait for the next bull market. Repeat from 1. <\/p>\n<p>(END)<\/p>\n<p>&mdash; Amit Mantri (@amitmantri) <a href=\"https:\/\/twitter.com\/amitmantri\/status\/935387490692694016?ref_src=twsrc%5Etfw\">November 28, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<div class=\"addtoany_share_save_container addtoany_content_bottom\"><div class=\"addtoany_header\">If you like this post, share it with your friends\/followers on:<\/div><div class=\"a2a_kit a2a_kit_size_28 addtoany_list a2a_target\" id=\"wpa2a_1\"><a class=\"a2a_button_facebook a2a_counter\" href=\"http:\/\/www.addtoany.com\/add_to\/facebook?linkurl=https%3A%2F%2F2point2capital.com%2Fblog%2Findex.php%2Fa2017%2F12%2F06%2Ftweetstorm-anatomy-of-a-bull-market-fraud%2F&amp;linkname=Tweetstorm%3A%20Anatomy%20of%20a%20Bull%20Market%20Fraud\" title=\"Facebook\" rel=\"nofollow\" target=\"_blank\"><\/a><a class=\"a2a_button_linkedin a2a_counter\" href=\"http:\/\/www.addtoany.com\/add_to\/linkedin?linkurl=https%3A%2F%2F2point2capital.com%2Fblog%2Findex.php%2Fa2017%2F12%2F06%2Ftweetstorm-anatomy-of-a-bull-market-fraud%2F&amp;linkname=Tweetstorm%3A%20Anatomy%20of%20a%20Bull%20Market%20Fraud\" title=\"LinkedIn\" rel=\"nofollow\" target=\"_blank\"><\/a><a class=\"a2a_button_twitter\" href=\"http:\/\/www.addtoany.com\/add_to\/twitter?linkurl=https%3A%2F%2F2point2capital.com%2Fblog%2Findex.php%2Fa2017%2F12%2F06%2Ftweetstorm-anatomy-of-a-bull-market-fraud%2F&amp;linkname=Tweetstorm%3A%20Anatomy%20of%20a%20Bull%20Market%20Fraud\" title=\"Twitter\" rel=\"nofollow\" target=\"_blank\"><\/a><a class=\"a2a_button_email\" href=\"http:\/\/www.addtoany.com\/add_to\/email?linkurl=https%3A%2F%2F2point2capital.com%2Fblog%2Findex.php%2Fa2017%2F12%2F06%2Ftweetstorm-anatomy-of-a-bull-market-fraud%2F&amp;linkname=Tweetstorm%3A%20Anatomy%20of%20a%20Bull%20Market%20Fraud\" title=\"Email\" rel=\"nofollow\" target=\"_blank\"><\/a>\n<script type=\"text\/javascript\"><!--\nif(wpa2a)wpa2a.script_load();\n\/\/--><\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Bull markets are a great time for fraudster promoters to make money. 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