Whitney Tilson: Jefferies FINALLY Downgrades Unilife…Guess Why?

Whtiney Tilson's email on Jefferies finally downgrading Unilife from buy to hold. Excerpted from an email Tilson sent to investors.

Also see Tilson upset with Jefferies over UNIS rating

I really need to write a follow-up article here – this is so disgusting. As I wrote in an article on May 20th (below), Jefferies has been shamelessly pumping Unilife, which is one of my half dozen remaining shorts because it’s an obvious promotion and likely total fraud. The reason? UNIS burns cash like...

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