Page 31 - Dan David News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here is that the bill with the majority support in the senate and the house among hall chambers is not something trump supports. the core of this is that trump is not clear what immigration bill people like and trump will sign. the answer is nothing we can figure out. >> we'll see what it means for the mid terms. people who are incumbents as well as congressional candidate dan david who is running in a philadelphia suburban district. here is what he said. i would like the president to do his job and i will do mine. i win or lose on my team's merits. i think that the president has a full plate ...

>> we talked at the beginning about short selling. >> yeah. >> you said you entered it with some trepidation. talk a bit about that. your sense of what short selling is able to do. there are a lot of people who look at it negatively. >> well, it's true there are a lot of detractors of short sellers and i'm sure there are, no offense to dan, i'm sure dan is not included in this, but there are people who short companies that perhaps don't deserve to be shorted. so, they get a bad reputation. but i think it is an important function of the market to weed out some of these problem -- overvalued com...

What stood out to you? >> two things stood out to me and i talk about this in the film. when i met dan he told me about this scandal that happened just on the heels of the last enormous scandal that we all lived there and i didn't know anything about it. so that to me was really something that caught my eye and ear and i thought this would be a great story to make people aware of. and then even more importantly was dan himself. he was a reluctant hero and he didn't want to be in the film. but dan, when i met him, really talked about this scandal and talked about what he was trying to do about ...

Their lives and some have gone to jail for doing this kind of work. >> let me play a little clip here from the film in which you are talking about the surveillance you were doing. >> dan figured that if the company was doing what it said it was, we'd have hundreds of employees and dozens of drivers. >> so, what we do is we have our investigator pose as a tea salesman. so, he shows up and he's got a suitcase full of tea samples, says his a tea salesman and he wants to give free tea samples for everybody. [ speaking foreign language ] >> so, tell me how many employees you have here so i can give...

$100 million and it could turn out they were lying about the figure and it is worth significantly less. but when you try to sell your shares you find that they are relatively worthless. that is the reality unveiled in a new documentary called the china hustle focusing on reverse mergers flying under the radar for years. it starts when chinese companies get on major u.s. stock exchange and fake finances. the company in china that is really worth a few million dollars might say it is worth way more than that. it finds a defunct stock and merges and then publicly tradeable here in the u.s. there ...