Thursday, August 10, 2006

Cuban's stock gumshoe website launches

Mark Cuban backed website http://www.sharesleuth.com launched a few days ago with a piece on Xethanol, an ethanol related concern that site editor Chris Carey recommends shorting.

Carey/Cuban's site has been anticipated by the market for months and was mentioned in this blog several months ago.

The comprehensive piece has one disclaimer that has made more than one reader do a double-take, and that is that Mark Cuban has a short position on Xethanol. The NYTimes' DealBook blog had a nice piece providing background on the controversy associated the first piece.

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