Post: #76

(02-06-2016 12:32 PM)Cumulonimbus Wrote:  Lets not forget that these same politicians are those who don't want that all the citizens (that they are suppose to serve and to have their best interest) to have health care coverage.
Yet when some company finds a loophole on the laws that they did and does what every other company would do, maximize the profits, they have to find a scapegoat because the sjw part of their electorate is offended and someone needs to be lynched for that.
Hypocrite politicians?! Very much so.

Glad I'm not the only one who noticed this!

If the politicians really gave a shit about what's best "for the people" - think about how much time they wasted posturing and lambasting Shrekli rather than just act to change the laws from preventing price increase. And since this debacle I haven't seen even one headline that mentioned politicians were indeed working to change pricing laws on drugs! It's obvious that they don't give a fuck about anything other than posturing.

Post: #77

(02-06-2016 10:46 AM)RexImperator Wrote:  The smirking and body language from this guy speaks for itself:

I have infinitely more sympathy with pharma bro Shkreli and his weird nervous smirks and snickers than with the obviously ruthless and preening pols trying to interrogate him. That Trey Gowdy character in particular strikes me as the kind of canny and ambitious Southern-fried scumbag prosecutor who would throw an obviously innocent man in prison on a false rape charge for a few more female and white knight votes in the next election faster than you could say Daraprim.

This testimony is a good excuse to post a reminder that never goes out of style:

Post: #78

(12-18-2015 11:40 AM)Aquiles_Baesta_Parada Wrote:  What's gonna happen to the Wu tang album?!

Who knows what this fucker is gonna do with it

https://www.youtube.com/watch?v=lI9jywQ4cgc

Post: #79

Quote:I have infinitely more sympathy with pharma bro Shkreli and his weird nervous smirks and snickers than with the obviously ruthless and preening pols trying to interrogate him.

Amen. Watching that entitled Congressional filth go through its Kabuki routine makes me sick.

Post: #80

You should watch his interview. He states that he raised the drug because he wanted to expose a part of the industry.
Individuals do not pay for this drug.
Corporations and insurance companies pay.
Without insurance the drug is free. The majority of people get the drug for free.

The drug isn't even that expensive compared to some of the other drugs that companies sell.

His loss is nothing. If you know anything about finance, in order to lose that amount, you more than likely have ten times the money.
When you play high dollar, you can lose millions a day and gain it back the next

https://youtu.be/JTNOWSKMS10

He's smug because he knows there is literally nothing on him.

It's billion dollar insurance companies that he is sucking money out of.. They are the ones that are trying to get people to throw charges at him.

Post: #81

(02-06-2016 02:27 PM)The Lizard of Oz Wrote:  

(02-06-2016 10:46 AM)RexImperator Wrote:  The smirking and body language from this guy speaks for itself:

I have infinitely more sympathy with pharma bro Shkreli and his weird nervous smirks and snickers than with the obviously ruthless and preening pols trying to interrogate him. That Trey Gowdy character in particular strikes me as the kind of canny and ambitious Southern-fried scumbag prosecutor who would throw an obviously innocent man in prison on a false rape charge for a few more female and white knight votes in the next election faster than you could say Daraprim.

This testimony is a good excuse to post a reminder that never goes out of style:

the more i look into shkreli, the more it seems that the way he was depicted as some sort of monster is 100% wrong. he comes off as likeable, even heroic in some ways.

Post: #82

Quote:I have infinitely more sympathy with pharma bro Shkreli and his weird nervous smirks and snickers than with the obviously ruthless and preening pols trying to interrogate him.

Don't be fooled. I can see why guys on this forum would identify with his smug, confident, I-Don't-Give-a-Fuck attitude, but Martin Shkreli is a complete scumbag.

When news about this story first broke, I was intrigued at how young he is (32 is pretty young to be running a sizable hedge fund and to own pharmacy companies) and I was wondering how he got to where he is. All I had to do was look at his wikipedia to find out: when he was 17 he landed an internship at the Wall Street hedge fund Cramer, Berkowitz and Company. One of the owners/managers of this hedge fund is none other than Jim Cramer.

I would bet that pretty much everyone has at least heard of Cramer (he has a show Mad Money on CNBC) and personally I think it's incredible that he's not in prison right now. A few years ago a video was leaked of Jim in the '90's admitting openly that he and his cohorts deliberately try to manipulate stock prices to profit their funds. Any deliberate manipulation of security prices is illegal according to the SEC, yet Jim Cramer has been doing that very thing since the '80's and gotten away with it.

Here's the video:




I first found out about Cramer's ethically dubious activity when a company I've been watching and investing in, Northwest Biotherapeutics (a small cap biotech) had been getting viciously slandered and attacked by short sellers over the last 2 years. All of the bloggers and journalists who have attacked NWBO have been directly or indirectly affiliated with TheStreet.com, a website owned and run by Jim Cramer. If you want to read more about what's been happening to NW, here is an excellent article by Larry Smith detailing the situation: http://smithonstocks.com/northwest-analy...nwbo-4-69/

For an even more serious showcase of the damaging and unethical behavior of Cramer's network of journalists and fund managers, check out the story of Dendreon, another small cap biotech company that was destroyed by short seller attacks. It is a very interesting read, and involves famous business icons such as Carl Icahn, Bernie Madoff, and even has people getting whacked by the Russian mafia. I felt like I'd lost some of my innocence after reading it for the first time.

Read more here: http://www.deepcapture.com/wp-content/up...ndreon.pdf

How does this all tie to Martin Shkreli? After getting hired by Cramer, Berkowitz and Company Skreli specialized in biotechs, where he overwhelmingly reccomended short positions.

Shkreli must have done a good job networking, because through his connections to Jim Cramer's network in Wall Street he was able to get enough backing to start his own fund, MSMB Capital Management, where he made his money by shorting biotech stocks and attacking said stocks through social media.

Martin Shkreli learned well how to abuse the media and the internet to manipulate stock prices, which is extremely illegal, and he represents the very worst of what can happen on Wall Street. He deserves whatever the Feds end up doing to him and I feel no sympathy for him.

On the other hand, I was talking with my father and he suggested that Martin might cut a deal with the SEC to rat out all the corruption and bullshit that Jim Cramer and his friends are up to, which he has had a front row seat to his entire career. I won't be even a little bit surprised if Shkreli disappears or suddenly commits suicicde. It wouldn't be the first time the mafia has silenced people on Wall Street.

Post: #83

After Shkreli bought the Wu-Tang album for $2 million, he gained a lot of notoriety in the hip hop community. Ghostface Killah (one of the members of Wu-Tang) got into a war of words with him, which led Shkreli to posting a hilarious video threatening Ghostface with violence.
Now, with all this buzz, he was invited for an interview on The Breakfast Club, a very popular hip hop radio show in NYC. The show's hosts were against him from the start, calling him privileged, a bloodsucker, all sorts of names. But, in a great example of proper frame control, Shkreli managed to turn the tables on them and came out of the interview with most of the hosts agreeing with what he was saying. Say what you want about him, but he knows how to hold frame extremely well.





Now, in regards to the Daraprim issue, I agree with what has been said here already. First of all, it is not even a commonly used drug so the number of people it affects is small. Second, with the requirement of everyone to have health insurance under Obamacare, wouldn't the insurance companies be the ones actually paying for the majority of the cost of the drug? The patients who do need the drug would not actually be paying the $750 per pill (or whatever the inflated cost is).


The primary issue is not even that of patent protection, as the patent expired around 50 years ago. It is of the controlled distribution system that the company has in place to prevent any generic copies from being developed.

Quote:In accordance with Shkreli's business plan, Turing acquired Daraprim (pyrimethamine) – an FDA-approved therapeutic since 1953 – for US$55 million[44][45] on August 10, 2015, from Impax Laboratories.[46] The drug's most prominent use as of late 2015 was as an anti-malarial[47] and an antiparasitic, in conjunction with leucovorin and a sulfonamide, to treat patients with toxoplasmosis, including in AIDS populations.[48] The patent for Daraprim expired in 1953, and no generic version was available.[49] The Turing–Impax deal included the condition that Impax remove the drug from regular wholesalers and pharmacies,[47] and so in June 2015, two months before the sale to Turing was announced, Impax switched to tightly controlled distribution.[14] In keeping with its strategy for pricing in the face of limited competition (see above), Turing maintained the closed distribution



In India, over a dozen pharmaceutical companies manufacture and sell pyrimethamine tablets and, multiple combinations of generic pyrimethamine are available for a price ranging from US$0.04–$0.10 each (3–7 rupees).[29][30][31][32]

In the UK, the same drug is available from GSK at a cost of US$20 (£13) for 30 tablets (approximately $0.66 each).[33]

In Australia, the drug is available in most pharmacists at a cost of US$9.35 (A$12.99) for 50 tablets (approximately US$0.18 each).[34]

In Brazil, the drug is available for R$0.07 a pill, or about US$0.02.[35]

In Canada, the drug was reportedly discontinued in 2013 but hospitals may make the drug in-house when it is needed.[36] As of December 2015, Daraprim imported into Canada directly from GSK UK is available from an online pharmacy for US$2.20 per tablet.[37]

On October 22, 2015, Imprimis Pharmaceuticals announced it has made available compounded and customizable formulations of pyrimethamine and leucovorin in oral capsules starting as low as $99.00 for a 100 count bottle in the United States.[38]

-From Wikipedia

Now, as for his securities fraud issues, for which he got arrested, that is a different matter. Though I do not personally have much detailed knowledge in finance, as ShootTheMoon said above, there is no doubt he was involved in some shady shit in his sudden rise in wealth. In the interview above, he said that he came from a lower middle class family and his parents were janitors. When asked about how he got so rich, he simply replied with "I started a pharmaceutical company and was lucky to get some good investors". Didn't elaborate much further.

Will be interesting to see what happens to him with the feds.

Post: #84

This is fucking hilarious to watch. Shitlord recocognised.

Post: #85

She wants to fuck him.

Post: #86

(02-07-2016 12:35 PM)ShootTheMoon Wrote:  Don't be fooled. I can see why guys on this forum would identify with his smug, confident, I-Don't-Give-a-Fuck attitude, but Martin Shkreli is a complete scumbag.

So what, as long as there are shitlords like this dude free and pressing everyone's buttons, they won't be breathing down our necks.

Post: #87

(04-15-2016 11:32 AM)Horus Wrote:  



This is fucking hilarious to watch. Shitlord recocognised.

He talks like such a badass, but (and I rarely say this - because I have been taught by many here to not fight) for some reason, I am 100% certain I would knock him unconscious without much effort. Whereas, I hesitate sparring too rough with my friends at the gym because I care for them, I would not have any concern for this don't lift wimp's well being.

I am troubled when guys aspire to be like this guy or that dan instagram guy. Just no perspective.

Post: #88

Holy shit Martin fucking trolls the fuck out of this cunt.

This is literally how an SJW thinks on the fly.

Martin's fucking hilarious on this, regardless of what he's done.

EDIT: Watch his other videos, he destroys peoples logic on pharmaceuticals, and why he did what he did.

From a capitalist sense of things...it makes sense.

When he puts the trolling aside, he comes off as very intelligent and informed about his business dealings.

Post: #89

(04-15-2016 05:32 PM)samsamsam Wrote:  He talks like such a badass, but (and I rarely say this - because I have been taught by many here to not fight) for some reason, I am 100% certain I would knock him unconscious without much effort. Whereas. . .

I thought after the whereas you were going to say you thought that chick would put up a pretty good fight.

Post: #90

(04-15-2016 05:58 PM)debeguiled Wrote:  

(04-15-2016 05:32 PM)samsamsam Wrote:  He talks like such a badass, but (and I rarely say this - because I have been taught by many here to not fight) for some reason, I am 100% certain I would knock him unconscious without much effort. Whereas. . .

I thought after the whereas you were going to say you thought that chick would put up a pretty good fight.

I stopped watching after a couple of minutes. Couldn't tell if she could fight or not - not like I am expert at identifying who can fight or not. PSA of the day - don't fight.

Post: #91

Been watching this guy on twitter. He's an epic shitlord.

He also has a channel on youtube where he's given investment advice. Lots of long lessons + spreadsheets up on the web.

This is him trolling at a Milo event: