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The Street Sweeper

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www.thestreetsweeper..
Category: Websites
The mission of “The Street Sweeper” is to educate and protect the public from what are believed, in “good faith,” to be misleading and/or false representations by public companies as well as questionable/improper business practices of brokers...
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They used to be good. Not anymore.
They lost their credibility lately with spurious calls. I still watch their alerts but I would not act on them. In this game, trust is the most important asset. They lost it.

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Candide Couzeix

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They have become as crooked as the companies they expose
Hunter Adams is a convicted felon its even listed on his own website.

http://thestreetsweeper.org/cleanupcrew.html

Melissa Davis seems to have over stated her experience.

http://blog.redchip.com/index.php/stocks/melissa-davis-of-streetsweeper-in-bed-with-short-sellers-and-convicted-felons/

The above article refers to deals made with Hedge Funds to feature certain companes.

On 1 November 2011 at 12:49PM an email was sent to all subscribers saying an article had been published concerning BRLI.

At 9:30 AM the stock had already begun to plummeting and by mid day it dropped like a rock.

I think the Street Sweeper has become a corrupted mess.Its a shame because they seem have have started out on the right foot.

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Wonkastocks Stevensville, Maryland

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Exposing BS companies one at a time
These guys write tons of hit pieces to bring shares of stock down. They short the companies themselves too, then write their hit pieces to profit from share declines. Lots of easy money to be made here.

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Jons Dordrecht, Zuid-Holland

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i like it
This site and Tim Sykes have guts and brains. They research and report on companies of many sizes and exposes those who are BS, as well as those being being promoted etc

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Dheny PONTIANAK, Kalimantan Barat

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"Invaluable"
A great site that provides invaluable information for both investors and traders alike. Their articles impact the mentioned company stock in a negative way much like citron research providing great money making opportunities. Their website has a lot of great tools and features like the company background check that has links to government websites where you can do the proper cross checking of any company. The street sweeper is an excellent website with great articles and resources and a must follow for any trader/investor.

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Aurinica21 MIAMI, FL

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Must follow. They move stocks.
Good research. They have been wrong but not often. Short term they almost always move a stock regardless. Must keep on radar.

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Insightful researches on questionable public companies
"The Street Sweeper" is a MUST tool for any type (long or short biased) of trader or investor. Never ever put your money if you are long term investor in any stock mentioned on this website. Though their recent research on INET came out to be dead for short sellers and may be they lost a little reputation, it's still my main source of reliable info. A specially, I want to emphasize the work of Melissa Davis, one of the best researchers of these times. She look on any given company from several angles which you would never though of. I liked her work on Pennystock Chaser, a newsletter website, which is now busted by the SEC. Periodically check it out to get the most accurate research on questionable public companies.

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Excellent resource to research suspect companies
If you have any doubts about a company's operations/financials, look no further than TheStreetSweeper! I first came across the website when Melissa Davis published her article about Local.com which revealed the company had invested in a technology company which had previously been acquired by Local.com under a different name. To no surprise, the stock dropped tremendously thereafter. Melissa and her team do a fantastic job digging through the archives and exposing the "dark" truths of countless numbers of publicly traded companies.

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Spur20 Houston, TX

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check out that mission statement!
Fantastic. Amazing, free, proprietary research that is almost too impressive to believe. Did you see that mission statement? Check this site out folks, amazing. I love that they're starting to track their performance, too- definitely a site to follow.

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Master of Information and Fact Twisting
Mellisa excels at taking existing information that is readily on the internet and putting it into an article for all to see. She then uses this information to draw conclusions that are so far removed from reality.

Here are just a few points from her most recent articles about Local.com:

#1

"Farra went on to become the director of investment banking services at a firm connected to a notorious penny-stock outfit known as Spongetech.

That firm, Cresta Capital Strategies, became the exclusive investment banker for Spongetech with Farra at the helm"

What she doesn't point out is that Cresta Capital was only affiliated with Spongetech for 2 months, after which they severed agreements and sued each other. Never mind the fact that Melissa everything together with a dubious Spongtech --> Casta Capital 2 month relationship -- Norm Farra, Director at the company --> Norm Farra, single board member of 7.



#2

"Local has leaned heavily on deals with LaRoss Partners, a mysterious New York-based operation, to fuel its recent growth."

This is patently false. Local.com purchased some customers at a deeply-discounted rate, this is true. But Melissa implies that the 26,000 customer purchase (the exact number is unknown, it is likely much less) made up their entire customer base. Regardless of whether it did or didn't, going on about LaRoss's legal and customer service issues as if they mattered is completely irrelevant to the company. It was a customer purchase, not a merger.

#3

"ValueClick agreed to pay the Federal Trade Commission a record $2.9 million fine to settle charges that the company and two of its subsidiaries – including E-Babylon – engaged in deceptive business practices."



Melissa purposefully obscures the truth buried in the article that she linked to - that a former company created by the same people who sold Local.com their OCTANE360 company - was eventually held to not be properly encrypting their customer's information. Hardly "decetive business practices". The actual FTC article states:

"The FTC also charged that..E-Babylon misrepresented that they secured customers’ sensitive financial information consistent with industry standards". All other charges in that article apply to other companies and were ultimately ValueClick's responsibility.

#4

"Local supplied no historical financial results for Octane360 when it purchased the company. When hosting its quarterly conference call a few weeks later, however, Local did admit that Octane360 would generate no meaningful revenue – while delivering a slight hit to earnings – during the second half of the year."

This statement shows that Melissa really has no understanding of why Local.com purchased Octane360, or what they even bring to the table. They are a technology platform. They are not purchasing revenue or existing customers. This does not stop Melissa from surmising that the purchase was suspect.

In short, you can go on and on with her exaggerations. The next review mentions how she is always right, and the stocks go down. Do you know why? Because her articles are shipped out to all of the short-selling sites on the internet.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Displaying 1-10 of 29 Total Reviews
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