{"id":11203,"date":"2009-08-07T00:00:00","date_gmt":"2009-08-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"how-a-hedge-fund-finesses-returns","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/how-a-hedge-fund-finesses-returns.html","title":{"rendered":"How A Hedge Fund Finesses Returns"},"content":{"rendered":"<p>Forbes &#8211; PetroAlgae, a Melbourne, Fla., company, is a renewable energy miracle&#8211;at least in the stock market. The company, which aims to harvest oil from algae, started trading on the OTC Bulletin Board in December 2008 at under $1 through a reverse merger with a public shell. <\/p>\n<p>In July, PetroAlgae&#8217;s stock was trading hands for $40, valuing the company at $4 billion. Pretty strange for a company with no revenue, $27 million in losses and an unproven technology.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.forbes.com\/2009\/08\/06\/laurus-petroalgae-hedge-valens-business-pipes.html?feed=rss_news&#038;FORM=ZZNR5\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; PetroAlgae, a Melbourne, Fla., company, is a renewable energy miracle&#8211;at least in the stock market. The company, which aims to harvest oil from algae, started trading on the OTC Bulletin Board in December 2008 at under $1 through [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[14931,4513,129,9237,15034,15029,14930,15030,15033,15031,4853,15032],"class_list":["post-11203","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-algae","tag-forbes","tag-losses","tag-melbourne","tag-miracle","tag-otc-bulletin-board","tag-petroalgae","tag-public-shell","tag-renewable-energy","tag-reverse-merger","tag-stock-market","tag-unproven-technology"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11203"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11203\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}