A Matrix Of Rocker-Shorted Companies Sued by Milberg Weiss, Investigated by The SEC, & Bashed by The Street

The slide linked below illustrates a very curious phenomenon, and one that is unexplainable as coincidence. Milberg Weiss apparently has sued just about every Rocker Partners short we know of, and the SEC has usually launched a probe within days, sometimes preceding the suit, sometimes immediately following it.

On the slide, you will see a list of companies that Rocker is either documented as being short, or which he is strongly suspected as being short, due to his SEC filings (his larger shorts typically show up with offsetting long positions).

The timing of the suits, the articles by Thestreet.com or Herb Greenberg, and the inevitable SEC probe is difficult to explain as anything other than coordinated. We aren't saying that it is, rather that this sort of coincidence is difficult to reconcile with statistical probability.

Here is the slide. From left to right, there is a list of companies, the date of the SEC probem, and the date Milberg filed suit. Draw your own conclusions, but with Milberg in the hot seat now that they have been indicted, perhaps this is something that prosecutors would enjoy looking at. You might want to email them this page and alert them as to the marvelous and unfortunate series of events that Rocker shorts seem to enjoy.

Another question that seems reasonable is which SEC agents initiated these investigations? Was it the same one or two agents? If so, it would appear that they have some explaining to do. Perhaps this should also be sent to the SEC with a request for clarification, or for informational purposes.