09:57:27 EDT Thu 28 Mar 2024
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Silvercorp Metals Inc
Symbol SVM
Shares Issued 170,618,141
Close 2011-12-21 C$ 6.57
Market Cap C$ 1,120,961,186
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Silvercorp seeks Little's real name

2011-12-22 14:26 ET - Street Wire

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by Mike Caswell

A lawyer for the anonymous short-seller who uses the pseudonym Alfred Little has asked the Supreme Court of the State of New York to help his client remain anonymous, saying Mr. Little would face serious threats of physical harm in China if his true identity were revealed. He claims that Mr. Little's associates have been kidnapped and beaten in China by people looking to thwart his investigations. As Mr. Little spends much of his time in Shanghai, it is not possible to guarantee his safety.

The request comes as Silvercorp Metals Inc. is asking that Mr. Little's lawyer, Martin Garbus, reveal his client's true name. Mr. Garbus does not claim that Silvercorp, which is suing Mr. Little for defamation, has anything to do with the threats against his client. Nonetheless, it remains important that Mr. Little remain anonymous, he says. Mr. Little has uncovered and exposed fraud and corrupt practices in China, where his associates have been threatened and beaten, with the attackers seeking to identify Mr. Little. As a result, he "legitimately fears for his life" as well as for the safety of those who know him.

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this one's easy. his last name is Dick. you've probably heard of him? Mr. Little dick??

Posted by optimist at 2011-12-22 15:44

That seems fair.

Mr Little can snipe from the shadows while profiting from the uncertainty he creates. The companies he attacks have no recourse to justice and no way of defaming Mr Little with the facts. When he is exposed for what he is, a fraud and probably a gangster in his own right, he simply re-creates himself under a new pseudonym and its business as usual.

Time for Mr Little to face the music in the real world, unmasked, disgraced, and seperated from his ill gotten gains.

Posted by Backseat Driver at 2011-12-22 16:13

Its so easy! Spread around some rumors and the willing newspapers jump on the train. investors jump off the train and you damaged a good company AND you get a lot of money

Same happens to RIM in a slow way. Every few weeks BGR reports new things from "trusty" sources form the inner cyrcle of RIM (hahaha), that they are facing problems everwhere.

Same happens to INT.V (are the 40 Mio monthly users true???) and to NKL.V (ohhh lord, its 100% sure that they have a bad recovery)

and many more

these people should burn in hell forever

Posted by Helmut Pollinger at 2011-12-22 16:46

When u go out to short a company and nakedly hurt thousands you should not hide. What Mr. Little is asking is permission to accuse without publicly defending. He accused Silvercorp publically and shorted for profit as he has done to numerous others. This time he should answer and answer publicly. I have no compassion for a person who wreaks havoc for profit. If the company is legitatemly misleading the public they should be charged in front of the public, if Mr. Little is deliberatly misleading the public for personal gain then he/she should be charged in front of the public.

Posted by jim at 2011-12-22 23:31

When u go out to short a company and nakedly hurt thousands you should not hide. What Mr. Little is asking is permission to accuse without publicly defending. He accused Silvercorp publically and shorted for profit as he has done to numerous others. This time he should answer and answer publicly. I have no compassion for a person who wreaks havoc for profit. If the company is legitatemly misleading the public they should be charged in front of the public, if Mr. Little is deliberatly misleading the public for personal gain then he/she should be charged in front of the public.

Posted by jim at 2011-12-22 23:32

100%- Let his name out- he wants to play with the big boys and bankrupt people for his own profit- now he wants to hide like a baby? That is absurd- Face the music you scumbag

Posted by Market Watcher at 2012-01-02 04:38


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