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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Comments (15)

  1. Posted by Quant me maybe... | February 14, 2014 at 2:36 PM

    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.

  2. Posted by guest | February 14, 2014 at 2:57 PM

    Thanks Valuable Insight… errr I mean Quant Me Maybe.

  3. Posted by Cokes it | February 14, 2014 at 3:06 PM

    Still short Green Mountain Dave ?

    Ya, really got freight trained on that one.

  4. Posted by guest | February 14, 2014 at 3:08 PM

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

  5. Posted by P Steiner | February 14, 2014 at 3:11 PM

    On the Internet, nobody knows you're a dog

  6. Posted by guest | February 14, 2014 at 3:16 PM

    j. dimon = laxbro

  7. Posted by UFO | February 14, 2014 at 3:20 PM

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

    -David 'big E' Einhorn

  8. Posted by Quant me maybe... | February 14, 2014 at 3:20 PM

    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?

  9. Posted by Guest | February 14, 2014 at 3:20 PM

    ftw

  10. Posted by Greenlight | February 14, 2014 at 4:23 PM

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

    -Einhorn the Godfather

  11. Posted by Guest | February 14, 2014 at 4:25 PM

    j. shazar = smu secure

  12. Posted by Tyler | February 14, 2014 at 4:26 PM

    I'm his alter-ego

  13. Posted by James Evans Jr. | February 14, 2014 at 4:44 PM

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

  14. Posted by Tepper | February 15, 2014 at 10:09 AM

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

  15. Posted by John Galt | February 18, 2014 at 10:42 AM

    you got me…