A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio.
Book Review: Sold Short by Manuel Asensio
By Mike Kreusch, Senior Columnist 
Saturday, July 28, 2001 3:58 PM ET

Manny Asensio engages in what you might refer to as 'active' trading. Not that he diversifies. Asensio & Co. generally pour all of their efforts into a relatively  small number of positions. Short positions, no less. Manny Asensio, Cuban emigre, Ivy-leaguer, scorned by the 'white shoes' of Wall Street  who decided 'to hell with them' and broke out on his own to form 'An Investment  Company Based on Research'.   Manuel Asensio's trading is active by virtue of a penchant for corporate communication. A true  believer in free speech, and the importance of unimpeded information flows across  capital markets, his firm issues 'strong sell' recommendations on stocks that they  perceive to be nothing more than stock promotions, not actual companies.    

Get Sold Short, and you'll read about Diana Corp (the switch that didn't - it never  worked), Hemispherx Biopharma (why develop drugs if you just can engineer stock  promotions?), Solv-X (worthless technology can be worth millions to insiders who sell a  rising stock), and a host of other shams that Asensio's research allowed him to uncover,  publicize, and actually profit from by selling short their shares.    

He tells you about 'the promote', and he explains with more than sufficient detail what  some people out there are doing (people like him, seeking the truth and betting on its  inevitable realization by the markets) while others are busy buying a complete sham,  backed by nothing but borderline illegal promotion, on a tip and a 'bullish' chart.    

I highly recommend this book. Sold Short is definitely worth reading, especially at the  current juncture of market history, where a littany of shams continue to trade, at what  may appear to be 'attractive' prices (and getting more so, in some cases) that qualify  them for the pink sheets and really nothing else.     Be a smart consumer of stock. Protect yourself from the shams that are presented to  you by a market with a vicious 'caveat emptor' attitude. Buy Sold Short, read it, get a  few laughs, and then, at the very least, be careful if you get involved in buying trash  trying to make yourself some easy cash.   
 
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Press quotes

[Asensio] has gained prominence for his public war of words with Diana Corp.-- a war that he has clearly won, with Diana's shares plummeting 97% over the 12 months.

Gary Weiss. BusinessWeek
A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio
 
A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio.
A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio.
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A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio. A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio.
A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio. A closer look at Manuel Asensio biography, Manuel Asensio positive outcomes, Manuel Asensio Reports, Manuel Asensio Research Legacy and other related information to Manuel Asensio.