I received a lot of email request asking me on my thoughts about the recent short seller reports that plunged Silverlake to 26% down a single day before it was halted. I spent the whole weekend reading the 42-page report and it was very comprehensive. To be fair, some of the allegations made was not new and we've seen it before. But this report made it very comprehensive. And I was convinced. Before I gave my thoughts, I need to state that most of these are beyond the understanding of most fundamental analysts and accountants, even for myself, and a fraud auditor working in the industry would probably know better about this. Many people have this misconception that once the financial statements are audited and if the auditor's opinion are unqualified, then everything we read in the financial reports must be holy true. That is not the case apparently. It ......