Paul Murphy wonders whether Lawrence Niren might be back to his old tricks, announcing monster takeover bids under an assumed name so that he can flip the stock for a quick profit. This time the name in question is "Michael Breslow", and Bloomberg – which got duped last time – is once again reporting the bid with a straight face.
Since I’ve been in contact with Niren quite recently, I fired off a quick email to "Arnold Ziffel" to ask him whether he is in fact "Michael Breslow". The reply?
I think we can safely ignore any bids from Multi-Long Corp for the time being, unless any evidence emerges that it actually exists.