Hedge Funds

David Einhorn Demands Judge Unmask Blogger Who Cost Him Some Money

David Einhorn doesn’t know who Seeking Alpha contributor “Valuable Insights” is. He’s pretty sure VI is a fellow Micron Technology investor. And he’s damned sure (a) that one of VI’s more recent insights was anything but valuable to him, and (b) that he’d like to find out exactly who VI is. And he would appreciate it if a court would help him do so.

Hedge-fund manager David Einhorn’s Greenlight Capital Inc. asked a court to order the website Seeking Alpha to identify a contributor who allegedly disclosed the fund’s stake in Micron Technology Inc. before it was made public….

Hedge-fund manager David Einhorn’s Greenlight Capital Inc. asked a court to order the website Seeking Alpha to identify a contributor who allegedly disclosed the fund’s stake in Micron Technology Inc. before it was made public.

“Upon information and belief, Valuable Insights owned shares in Micron at the time of the postings,” Greenlight said in the petition. “The trading price for Micron’s shares rose immediately after Valuable Insight’s posting. Because this was the very time frame in which Greenlight was in the process of building its Micron position, it was forced to pay higher prices for its Micron securities.”

Einhorn’s Greenlight Seeks Person Who Leaked Micron Stake [Bloomberg via BW]

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15 Responses to “David Einhorn Demands Judge Unmask Blogger Who Cost Him Some Money”

  1. Quant me maybe... says:

    Because Seeking Alpha is where all the institutional investors go for their best investment ideas.

    > Now if it was DealBreaker I could see how damage could be done.

    • guest says:

      Thanks Valuable Insight… errr I mean Quant Me Maybe.

      • Quant me maybe... says:

        I looked around Seeking Alpha to see how many thumbs up my Valuable Insights had gotten.

        > Did you know mREITs are a thing with retail investors? Retired retail investors?

    • Greenlight says:

      Just when I thought I was in, they push me right out

      -Einhorn the Godfather

  2. Cokes it says:

    Still short Green Mountain Dave ?

    Ya, really got freight trained on that one.

  3. guest says:

    Why stop there, Davey? Why not find out who Tyler Durden is too?

  4. P Steiner says:

    On the Internet, nobody knows you're a dog

  5. guest says:

    j. dimon = laxbro

  6. UFO says:

    If I can't have anonymity, no one can. Harumph!

    -David 'big E' Einhorn

  7. James Evans Jr. says:

    Shazzy wants to sue because he just heard about CMCSA and TWC.

  8. Tepper says:

    Welcome to the every other hedge fund is forced to invest, after one of these clowns announces a position

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