Mr. Trung “dung” Tri Doan aka “the world’s ugliest CEO” is an abomination to the stock exchange. This grotesque man, through greed and gluttony, brought his disgusting company public, LEDS, back in December of 2010. On their very first earnings report, they miss by a fucking giant football field, highlighting how fraudulent they are, with regards to hoodwinking their lead underwriters, BAC, BCS and JEF. Let me repeat: there is no fucking way the perverts over at LEDS didn’t see some sort of weakness, prior to disclosures filed for IPO.
ASSHAT!On earnings call, LEDS mgmt says the see a sustainable gross margin range of 44-46%… Mgmt noted that they are experiencing pricing pressure that they did not see a month ago. They said this is primarily due to a customer moving to a competitor, due solely to better pricing. This quarter, the company will remain focused on new high performance products, and improving pricing power. They expect to produce an additional 10 mln chips per month from the Taiwan facility, doubling capacity… During Q&A, when asked about which competitor the customer went to, mgmt says there is only one competitor producing high performance LEDS like they do. Says the loss of the customer was in Taiwan… LEDS is -34% in the pre-mkt, currently trading -33% at 19.18.
Mr. Trung “dung” Tri Doan (yes, that really is his fucking name) isn’t ready to be a CEO for a publicly traded company. He should stay in the fucking lab, building idiots lamps, instead of fucking people over through gross negligence. I am sure that beast of man is grinning right now, as his shareholders lose their faces in pre-market trading.
As a result of this enormous earnings fraud, other LED related names are getting hit (AIXG, CREE, VECO), including my RBCN. However, do not misconstrue the health of the industry, based upon the deviant mishaps of a Mr. Trung Tri Doan. The LED market is still in its nascent stage, as the idiots from China require street lamps and things of that nature. In other words, I’m handing out Asshat of the Week awards again, and Mr. Dung is getting the first of 2011.
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How about 50 Cent? Pumping penny stocks (that he owns) on Twitter. lol.
http://www.fundmymutualfund.com/2011/01/50-cent-pushes-penny-stock-as-ghost-of.html
Yeah, up $7.5mm in a day – what an asshat.
Might the SEC be interested?
fucking porch monkey,what do heno about stocks
Aye to that. My CREE is getting hit 4pts.
that is asshatish on a remarkable scale
50 cent is also asshattish, on an absolutely epic scale, and probably greater scale, because he screwed over the very people that made him rich in the first place, an act of bad kharma that approaches the disbelievable
pictures or he isn’t ugly
Into the fagbox he goes!!!
Great pick indeud.
That guy should talk to Bill Schafer, he made a financial gain with his invention.
FYI he is Vietnamese by the name.
It’s about fucking time the asshat award was resurrected. Pics of this uglified prick?
What he said!!!!!!!!!!
he is too ugly. No pics available.
I feel so smart for selling VECO yesterday.
In hindsight, there is no difference between luck and genius.
a lucky genius huh
There’s nothing better than shithouse luck!
The SEC is looking at St JOE, will berkowitz take it over… I don’t think so?
Awright! Asshats are back! Can’t tell you how much I’ve missed these!
fly should come up with a real asshat,made from,whatever…..and sell it here on the site along with the other merchandise. their could be a hat style for being a weekly ass, a monthly ass, a real cool one for being a daily ass. and the grand pooh bah of hats, the asshat of the year.
Now that you, good Sir Fly, are swimming in cash due your big 60% and 1000% wins last year, howzabout re-hiring that actor (first one, not crappy second one) who portrayed you years ago, ranting and raving and dishing out asshat rewards, and putting him to work this year?
hey i can use a gig till summer…………..have mouth,will travel
That was HOWARD LINDZON’s project. Tell him, the million dollar man.
The resurrection of the asshat award ought to be more than a little concern to “them’ bulls. Everyone looks like a fucking genius when the market is rising, but after that not so much.
The reinstatement could be a top for the market.
Bought CREE puts yesterday, closed out today for a nice profit.
Sometimes one does get lucky…