Method actors at the boy's department's jackets that love them.
Yesterday we mentioned that thespian, Level III CFA candidate and noted stock picker Shia LaBeouf had been talking up InterOil, an oil and natural gas exploration company. “IOC’s momentum is major, and it will surprise to the upside,” LaBeouf said in a text message to the GQ article’s author, Adam Sachs, who wrote about ShiLa’s new hobby (making it rain all from the comfort of his boxers) for the magazine’s April issue. But where did the master trader get the idea? Sure he meets with Goldman Sachs execs on the reg and is thisclose to becoming a CFA but is he really that good? I’d like to give him the benefit of the doubt (he’s going to be running one of the most powerful hedge funds in the world one day so trying to stay on his good side and all that) but others are thinking the budding BSD had some help from his friends at John Thomas Financial (the people who brought you the pride rally and breasts as napkins).
In July 2009, we provided detailed evidence of a stock market manipulation scheme involving InterOil, John Thomas Financial, Clarion Finanz AG, and banned stock promoter Carl Caserta. I believe that they conspired to raise the stock price of InterOil’s shares to force the conversion of certain outstanding debentures to common stock. Apparently, Shia LeBeouf learned about InterOil from John Thomas Financial, [where he studied for his role in Wall Street 2, Money Never Sleeps]. It would be interesting to find out what he knew, when he knew it, and if he traded any InterOil shares. Maybe he can provide details on how John Thomas Financial pushed InterOil shares on it’s customers?
Update: John Thomas Financial’s CEO thinks the very idea of this is uproarious:
[JTF CEO] Belesis adamantly denies LaBeouf was paid or asked to pump IOC’s stock. “That is preposterous and it’s laughable to the extent where if I laugh too hard, I don’t want to give myself a heart attack,” says Belesis. “InterOil is a company we have done very well with to our investors…but in no way, shape or form was he paid or anything of that nature.”
I read this article a while back, that said that Microsoft employs more millionaire secretary’s that any other company in the world. They took stock options over Christmas bonuses. It was a good move. I remember there was this picture, of one of the groundskeepers next to his Ferrari. Blew my mind. you see shit like that, and it just plants seeds, makes you think its possible, even easy. And then you turn on the TV, and there’s just more of it. The $87 Million lottery winner, that kid actor that just made 20 million o his last movie, that internet stock that shot through the roof, you could have made millions if you had just gotten in early, and that’s exactly what I wanted to do: get in. I didn’t want to be an innovator any more, i just wanted to make the quick and easy buck, i just wanted in. The Notorious BIG said it best: “Either you’re slingin’ crack-rock, or you’ve got a wicked jump-shot.” Nobody wants to work for it anymore. There’s no honor in taking that after school job at Mickey Dee’s, honor’s in the dollar, kid. So I went the white boy way of slinging crack-rock: I became a stock broker.
Fuckin Shia…im down 18% already.
Blue Horseshoe loves Blue Star.
Where the fuck is his chin?
why isn’t this guy dead yet?
@1 tool
@5 I think he’s cute as a button. Id love to wrap that tie around my neck and jack off while watching Holes
-G. Michaels
great photo caption.
Did he have a reasonable and adequate basis, supported by research and investigation, when he made this recommendation?
Sounds like a clear violation of Section 5(A) of the Standards of Professional Conduct.
It’s doubtful Shia will receive his charter if he can’t pass ethics.
John Thomas is the best name ever for a financial firm (although R.V. Dyke Financial would be a close second)
love it- even oliver stone couldn’t make it up
SNAP INTO A GASPARINO!
-Fox News Analyst
I just announced at work that if Shia goes to jail for insider trading I’m buying for everyone (100+) at smith & wollensky. I actually want to buy!
Shia will be so, so popular at Otisville.
He may not have been paid, but using him (noob, idiot, wouldn’t know a pump & dump if it dumped on his chest) as a mouthpiece, yea, that’s not kosher, either, bubsky.
Heh,heh, he said “surprise to the upside”, heh, heh
Homo.
Note: IOC off 13% today …
what’s the difference between this guy and rab capital????
lol anyway hes cute haha
such a piker
Bess,
You can’t use “CFA” as a noun. Violation.
“Sure he meets with Goldman Sachs execs on the reg and is thisclose to becoming a CFA but is he really that good?”
The actor says… “I manage my own portfolio. I check through the day, read the daily Wall Street Journal, trade personally on my cellphone, text people throughout the day, carry my laptop on the set, have Bloomberg on speed-dial. I now have lots of friends in lots of places.”
wait… Bloomberg on speed dial? I thought he was dating Gekko’s daughter.
he looks like flat top from dick tracy in that picture
Awesome.
Posted this yesterday on dealbreaker:
IOC is a definite short! LeBeuof doesn’t know what he’s talking about:
“Oil will rally. Look at IOC”. The issue is, IOC doesn’t have any oil!!! They have stranded gas reserves in PNG with almost zero develpment potential.
Also, IOC is widely suspected as being a fraudulent company. The founder, Phil Mulacek, bought an abandoned refinery in Alaska about a decade ago for $10 million. He moved it to PNG, purchased some money-losing gas stations there and now the company has a $3 billion valuation. They do have a massive gas resource, but it is essentially worthless do to the fact that they need an additional $10 billion investment to build an LNG plant.
It’s a classic pump and dump. The companies holding its convertible bonds pushed up the shares to convert their debt and sell the stock.
Shady deals, tons of meaningless press releases, insane valuation and threats to investors from IOC investor relations makes this a great short. Look into it…
Bitches.
I wish I have hair like Shia.
D Donald
@25
Saw it yesterday, passed it on, apparently you aren’t the only one who’s onto IOC…
bess levin doesnt know shit about the cfa or the street
25 here:
@27
If you liked it, I plan on posting my full analysis on VIC by the end of the weekend.
Finally below the 50 day. been waiting years to short this. hat tip
@28 Nevertheless, she will know that you are a tool.
@28 and yet she’s read by everyone on the street, some of whom are CFAs. also, you’re a massive tool.
MBA>#28
@23 FTW
Does he jack with those gloves on? And what’s with the tinted hair?
http://www.getnet.net/~richarde/toystore/Images/2002_1021_010319AA%20flattop%20ick%20tracy.JPG
tired of hearing about Shia. joke is old
@37 you’re old
@38 you will be soon enough, tool. The good thing is you’ll remember this for the rest of your stupid life.
- not @37
is that why he looks so greasy?
This guy letting that wallstreet bullshit go straight to his head
This guy should go to jail, along with the rest of his Wall Street fat cat counterparts, for messing with the International Olympic Committee. This is beyond outrageous – to be deliberately manipulating an organization of renowned and unimpeachable integrity for his own good is just endemic of what’s wrong with you all. Fans of the hammer drop, the javelin catch, and other obscure, irrelevant sports have just as much right to a clean and honest process as any stay at home day trader.
-Mark Klein, MD
I love the Sam Antar analysis, never seen anyone so proud to be a convicted felon with absolutely no moral base.
IOC surged up to 81 not too long after that…. Sure it’s down from that level now…. Did you see the move it made over the last 52 … It needed a rest…. Buy now. The end
SsEzQ4 I really enjoy the blog.Thanks Again. Really Great.