Thom Calandra

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Thom Calandra of was co-founder, founding editor and chief columnist for CBS and its related properties: 1996 through January 2004 until his investigation by the SEC for scalping and subsequent resignation. Mr. Calandra is the author of PABLO BY NUMBERS, a novel. (no independent confirmation) He is alleged to be an active investor and also the founder of Thom Calandra's StockWatch, The Calandra Report, and Ticker Trax at Stockhouse, all of which are tout sheets for Venture penny stocks, with Mr. Calandra receiving payment by insiders of said stocks for his services.

Background and personal life[edit]

Thom Calandra was a commentator on investing topics, and was the San Francisco Examiner's daily investing columnist. He has appeared on the CBS Evening News, CBS Radio Network, and the CBS MarketWatch Weekend television show. Calandra was also a "journalist" for many newspapers and wire services. He was a London-based columnist for Bloomberg News and was the online financial editor of[1] The TJFR Group (Unknown) named Calandra one of the top 100 financial journalists in the United States before he was busted red-handed by the SEC.[2]

Thom Calandra was editor of the 2002 book How America Made a Fortune and Lost Its Shirt. (No verification) He allegedly was an investor in His pumps "deep-value and speculative investments and lifestyle themes". [3]

Calandra holds a Master's degree in English from the University of Arizona and a Bachelor's degree of Arts in English literature from City University of New York at Brooklyn College.[citation needed] He lives with his wife and children in Tiburon, California. He visits approximately 35 natural resources properties each year across Africa, the Americas, Africa, Cambodia and Europe for reasons unknown. He is an alleged investor in Ivanhoe Nickel & Platinum in the Republic of South Africa -- now Ivanhoe Mines. His alleged holdings are in natural resources, primarily gold, silver, platinum, molybdenum and copper. His alleged leading investment is supposably Angkor Gold, a Cambodia prospector and "socially aware" mine builder. Calandra claims to be a long time investor in BioCryst Pharmaeuticals.

Calandra Settles SEC Complaint by paying fine[edit]

In January 2004, Calandra left Marketwatch after being pressed for full details on his trading activities.[4] The SEC alleged that Calandra was selling stocks without disclosing the sales in a proper manner to his audience. In 2005, Calandra settled the charges without admitting or denying the allegations by paying a fine of $ 485,000.

The SEC said that from March to December 2003, Calandra made more than $400,000 through buying shares of different small-cap stocks while writing favorable newsletter profiles recommending the stocks. Thom Calandra was disgraced as "one of the best-selling financial newsletter writers in North America" and a "popular" television commentator. He was accused of accepting "kickbacks" from his promoter clients to offload their worthless paper while violating the trust of his readers.[5]


On the 18th of November 2008, the formerly public assets of Stockhouse (SHC.v) were sold by Marcus New to Thom Calandra for his subscription service "Ticker Trax." The sale was accomplished through a debenture issue with unnamed placees, although Mrs. Marcus New was revealed as a major debenture holder.

In his inaugural issue of Ticker Trax, Mr. Calandra began: "We will, I hope over the course of a year's approximately 30 or more issues, have spawned and nurtured a select family of garage-loft investors who can rely upon me and each other for a hand to hold, a property to market, an ear to listen."

The Calandra Report[edit]

On August 11, 2012. Thom Calandra announced the resumption of "The Calandra Report".[6] Thom Calandra also revived his web site and lifestyles/financial service. Thom was quoted: "The goal here is to take advantage of what appear to be cheap prices for metals equities, and in some cases other forms of resources (properties, warrants, debt). We'll have the occasional trading opportunity too: metals, energy, and one or two bio-medicals. You will not be hearing from The Calandra Report unless I have done all of the scrub work and research necessary to ensure what in my view will be a profitable trade or hold."[7]

Torrey Hills Capital[edit]

Calandra started consulting to Torrey Hills Capital in May 2011 and continues to offer touting services for whomever pays.[8]

Calandra describes himself as the editor of The Calandra Report, which sells for a fixed price yearly.[9]


  1. ^'s chief commentator quits, Michael Liedtke, Associated Press, January 22, 2004
  2. ^ CBS Marketwatch. "Executives". 
  3. ^ [1]
  4. ^ "Calandra Settles Fraud Charges,", Jan 10, 2005
  5. ^ "Calandra Settles Fraud Charges,"
  6. ^ Thom Calandra (August 11, 2012). "TCR returns". 
  7. ^ Hinde Capital (August 7, 2012). "Hinde Capital expects gold breakout -- just as Calandra Report returns". 
  8. ^ Torrey Hills Capital (2007–2011). "Our Team". 
  9. ^ Torrey Hills Capital/Baby Bull Twits (2012). "Thom Calandra @large". 

External links[edit]