stock ticker: ARTC

“Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning.”
CHARLES TREMPER

As Arthrocare (NASDAQ:ARTC) prepares for its earnings report and conference call on Monday, investors should be preparing as well:  preparing to hold management accountable to stop denying the important issues that threaten the company, as reflected in current legal proceedings that seek to unmask their business model.  With an upside down balance sheet in an industry that has become a hotbed for regulation from the Department of Justice, it appears to Citron that the problems at Arthrocare have just begun.

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stock ticker: EMKR

“And we would have gotten away with it, if it wasn’t for you meddling kids!”

Famous Scooby Doo line

Citron has observed with keen interest developments at Emcore since our first report March 18th and follow-up March 25th.  There are a few significant events, all of which point to a ménage trios of convenience between Emcore, Green and Gold Energy and the head cheerleader analyst at Jefferies & Co.

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stock ticker: VLNC

“Trust, but verify.” – Ronald Reagan

Here is a short and sweet story that has been infesting Wall Street for over 15 years. Valence Technology (NASDAQ:VLNC) is one of those “developmentally challenged” companies that never seems to get out of development stage. For 15 years, they’ve claimed to have a lithium battery that is promised to have uses from computers to aircraft to scooters to automobiles. Certainly, there has been a battery of press releases over the past 4 years …. But no meaningful business ever comes to fruition. With the recent recharge in the stock, Citron thought we would offer investors our perspective.

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stock ticker: BWTR

Over the past year Basin Water (NASDAQ:BWTR) seemed to have been operating their business out of a black box.  It was not until they posted their most recent annual report on March 17 that we now see a company that is destined to go to 0, just like the previous water company with the same management team — Western Water (see below).

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