Sold Short

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A revealing exposé by one of today’ s most controversial and successful short sellers According to a 1998 New York Times article, " Satanism has a better reputation in financial circles than does short-selling . . . The controversy over Mr. Asensio is reigniting the debate over short-selling and the role it plays in the stock market, a debate that stretches back to Jesse Livermore." Manuel Asensio has taken this debate to a whole new level, not only short-selling deceptive companies but also researching and publicly exposing them.Each time Asensio practices his type of aggressive short selling he is branded " the Devil’ s own Trader, " but time and again his unpopular assessments have proved dead on the money. " Sold Short reads like an action-packed and gripping detective story, exposing shocking and criminal tales that make the Hollywood scandal sheets look like a high school pantomime.Asensio is a brave and heroic bullfighter who dares to go up against the global stampede of the wildest bull market.He courageously nails down, one by one, grossly overvalued and corrupt companies." – Tony Shafrazi, Tony Shafrazi Gallery, New York " Sold Short is a rip-roaring ride through the netherworld of short selling.Part comedy, part tragedy, part horror flick, Asensio uncovers a world that would be ripe for sitcom portrayal where big-name fund managers dress in drag, buy silly stocks, but (and here’ s the tragedy) lose millions.If short selling is u your alley, you shouldn’ t miss this book.And if you’ d sooner die than go short, you should read this book to make sure one of your longs isn’ t made of fool’ sgold." – Parker Quillen, Quilcap Corp.