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The Pirate Capital Investment Letter

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Not surpisingly, Thomas Hudson doesn't mention a word about the SEC investigation that many reports indicate prompted this weeks mass resignations at Pirate Capital. Instead, he makes it sound like it was a decision he made to bring the fund back to its "roots."
Click here to download a pdf of the whole letter Hudson sent to Pirate Capital investors.
And thanks to the folks at for hooking us up with the letter.