Steven Cohen

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  • New Market Manipulation

    By Steven Cohen - February 5, 2013 | Tickers: ADNC, SRPT

    We Have a Problem

    Gordon Gekko would be proud. Apparently all it takes to manipulate the stock market now is 140 characters. On 1/29/13, a Twitter account posing as the Twitter account of a market commentary site reported that, "Audience noise suppression company being investigated by DOJ on rumored fraud charges Full report to follow later". The Twitter account with eight followers was a blatant fraud. Audience (NASDAQ: ADNCmore »)

  • Parsing the Call: Facebook Q4-2012

    By Steven Cohen - January 31, 2013 | Tickers: FB

    Facebook (NASDAQ: FB) finalized its IPO year with an after market hours conference call on January 30, 2013. 2012 has been a turbulent year for Facebook. The stock began trading with a major issue on the Nasdaq exchange which delayed trading on the opening day. The stock price plummeted to a low of $17.55 over concerns about the ability of Facebook to monetize its users, but had rebounded to more »

  • Facebook, A Retail Trap

    By Steven Cohen - January 30, 2013 | Tickers: AAPL, FB

    Overview

    Facebook (NASDAQ: FB) is perhaps the most nebulous publicly traded stock in the market. Facebook reports earnings on January 30, 2013 after the market closes and is expected to hit a $0.11 EPS estimate for the fourth quarter of 2012. Facebook is not an easy firm to understand. Unlike prior retail investor darling Apple (NASDAQ: AAPL), Facebook requires a break with present reality to hope that the company more »