The Securities and Exchange Commission today charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion from securities issued by a New York-based asset management firm and registered investment adviser, GPB Capital. NEW YORK, Feb. 7, 2018 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, has published a negative report explaining its short position in Eastman Kodak . Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. Adrangi isnt sure how inflation will play out in the future, but he stated that at some point, inflation will ease and supply chain challenges will resolve. Due to this the stock has seen approximately a 10% drop in price as the time of this report leading losses for investors but gains for Kerrisdale. The U.S. Securities and Exchange Commission (SEC) on Monday said more than two dozen investment advisers and broker-dealers agreed to settle charges that they failed to file a key form designed to . Remember the Alamo!!!!! It needs to ramp production and prove reliability of a cheaply built rocket while maintaining access to public markets to fund cash burn. Feb 07, 2018, 09:30 ET. Kerrisdale also stated that Cambers share count had increased 50 million fold from early 2016 to July 2021. Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. By Chuck Mikolajczak. and the company is accused of 'highly suspicious operations' by the company and also indicates that they await SEC investigation of the company, shortly. Sahm Adrangi, Kerrisdales CIO, founded the hedge fund in 2009 with less than $1 million in initial capital. Kerrisdale Capital, founded and operated by Magee High School alumni Sahm Adrangi, has a well-earned reputation as a sharp and thorough short-side operator that gets on top of companies with weak fundamentals and runaway valuations. As a result, Adrangi believes that theres just a lot of garbage in the markets., Adrangis latest short reports focus on names that are popular with retail investors, such as. This will schedule a job to export all requested 13f holdings data for this filer. For example, in the Astra report, the subtitle reads Headed for Dis-Astra.. The thrill of the unexpected should be confined to going on a new date, not investing in the company that helped you find it,said Sahm Adrangi, the hedge funds founder in an interview with Reuters. Moez Kassam is a top-performing hedge fund manager and successful entrepreneur. Turning back to the Camber short report, Adrangi points out that Cambers only real asset is a 73% stake in Viking Energy (OTCMKTS:VKIN), therefore, Camber is effectively a bet on Viking. Additionally, Viking also had a shady history that ultimately factored into Kerrisdale taking a short position against the company. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. All the other suits are frivolous and will never see a court of law. Take Chase Colemans Tiger Global, for example. The company distributes . C. T. said: I don't often write reviews unless I had very poor or extremely wonderful, Alexandra H. said: Let me start off by saying that the reviews on here are REAL. Kerrisdale is active on its Twitter account, which boasts over 69,000 followers. Sie knnen Ihre Einstellungen jederzeit ndern. . For example, in Kerrisdales short report on Camber Energy (NYSEMKT:CEI), it estimated that Cambers fully diluted market capitalization was almost three times greater than what the company reported due to its dilutive preferred stock and debt. Here's how Kerrisdale CIO Sahm Adrangi has stayed successful for over a decade. or we can just @ Doris on twitter he usually responds. Federal investigations not only mean soaring legal costs and potential legal damages but more importantly, they will likely result in a lasting impact to Matchs business model, it says. for 2024 and 2025, respectively. They can file on Kerrisdale for slander if there were only half truths. 5 Hypergrowth Stocks With 10X Potential in 2023. Binance has launched an off-exchange settlement solution called Binance Mirror which allows institutional investors to lock collateral by connecting their qualified cold wallet with Binance Custody. Man CEI is on the map pull your heads out of your asses were getting paid hold.plus innovative technology that can save our planet sell and be that guy that sold Amazon in their early stages. Following this news, Cambers stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. Turning back to the Camber short report, Adrangi points out that Cambers only real asset is a 73% stake in, Since 2012, Viking has rebranded several times and changed up its leadership, such as through bringing on James Doris as CEO to revamp the company, . ? Doris did the exact opposite. In the field where it asks "Please choose the general topic of your message: CHOOSE "OTHER" at the VERY . articles a month for anyone to read, even non-subscribers! Based on this years returns alone, youd be surprised to hear that Coleman is regarded as one of the best hedge fund managers of all time. This is applicable for both long and short positions. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. email address below and choose 'Submit'. Get the latest business insights from Dun & Bradstreet. PRTY Stock Surges 10% as Party City Files for Bankruptcy. "The most active was Kerrisdale Capital with three new short calls and corresponding average shares decline of 12.5%, while the most successful was Spruce Point Capital. Tag: kerrisdale capital sec investigation. Recent:Alternative Investments: A Bidding War For Voya Financial May Happen This Year. Sahm Adrangi - Founder & CIO of Kerrisdale Capital. At the time of publication, Astra had only successfully launched one rocket into orbit after six previous failures. Kerrisdale Advisers's largest holding is Valaris Ltd with shares held of 555,046. When SEC asked then-chairman Simeo if the CFO was made up, he pled the 5th. Kerrisdale doesnt always rent out fancy auditoriums to share its research. Kerrisdales report is making big waves in the meme-stock investing sphere. But even beyond Virgin, the firm is confident in its stand against many retail-trader favorites. Recently, the fund started adding punny subtitles to its reports to add a breath of humor. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. We recommend reading this report should you be interested in the full context. Why Is Mullen Automotive (MULN) Stock Down 11% Today? All rights reserved. By Sam Boughedda. Facing a 91m share lockup expiry tmrw, $ASTR is 2021s worst space SPAC: a $2b pre-rev launch co, announced at height of the bubble, bleeding cash trying to build hundreds of puny, unreliable rockets for a nonexistent mkt 1/7, Kerrisdale Capital (@KerrisdaleCap) December 29, 2021. he's very engaging on twitter. Revenue: $1 to $5 million (USD) Competitors: Unknown. Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500info@ktmc.com, Netflix advertises private jet flight attendant job for $385,000, Fed's Mester says rates need to rise "a little bit" above 5%, Elon Musks Twitter sells espresso makers, computers, Football and Finances: NFL's Ndamukong Suh teaches kids money smarts, NASA awards $425 million for Boeing fuel-efficient airliner research project. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. Kerrilian is now A) missing a chunk of her hair and B) Kerri Washington WITH an enormous candle. The dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated. When researching a company, an investor should try to look far out in the future and estimate whether or not that business will still be relevant. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts w Performance Will you do the same? S&P 500WhaleScore Commentary. Macroeconomic factors, such as inflation, weigh into Kerrisdales research process as well. Sometimes it's just a fight for the good things. Still, even some of the most experienced hedge fund managers have been caught off guard by this years sharp decline in the market. Kerrisdale Advisers is a hedge fund with 4 clients and discretionary assets under management (AUM) of $1,147,424,779 (Form ADV from 2022-05-02). Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. With the prevalence of online investing communities, interest in stocks has risen to an all-time high in recent years. Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. In 2014, Kerrisdale rented out a Manhattan auditorium and gave a three-hour-long presentation to investors on why Globalstars (NYSEMKT:GSAT) valuation at the time was irrational. Subscribe to our free newsletter for updates and news about alternatives investments. Along with the increased interest in stocks comes an increase in misleading information. I am confused. They wouldn't file against Camber unless they have massive proof of everything. (For a time, it also had a fake CFO - long story.). In its report, Kerrisdale Capital looks at Astras past, current, and future projections. We love the technology and the growth happening in this company. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. But the reason for this is may not be expected. How do I update this listing? Nasdaq Eddie Pan specializes in institutional investments and insider activity. Lists Featuring This Company. Kerrisdale later made a separate post stating that their information was incorrect. Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. DWAC gave misleading statements in registration documents and the high-profile nature of its potential combination with the former presidents company, Trump Media & Technology Group, is an ideal way for regulators to send a message to the broader industry, it said. Should we create an account named "Anti-Kerrisdale Capital" on all the platforms to help people get together and fight against the stupidest . WHAT IS THIS ABOUT: On December 14, 2021, during market hours, market analyst Kerrisdale Capital published a report entitled "Meta Materials, Inc. (MMAT): A 'Photonics' Company That's an Optical Illusion" which alleges several issues at the Company including: "[d]isappearing segments, misleading product claims, fake medical devices . Thats especially true if you are invested in meme stocks. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . Doris did the exact opposite. Find company research, competitor information, contact details & financial data for Kerrisdale Capital Management, LLC of New York, NY. The agency alleges it engaged in these practices to attract new subscribers. Trading volume is unusually high for the stock as well; 659 million shares are trading against a daily average of just 120 million. $518,600 Last Sold Price. Article printed from InvestorPlace Media, https://investorplace.com/2021/10/cei-stock-and-4-other-big-names-kerrisdale-capital-has-sold-short/. Rocket Lab, Relativity, ABL, and Firefly all have plausible plans to produce 1,000kg+ rockets that will be entering the market in the near term; by contrast, Astra aspires to produce a 500kg rocket two years from now. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. We want to engage our audience and show personality in our research and our firm, Adrangi said in an exclusive interview with, and gave a three-hour-long presentation to investors on why. The Rosen Law Firm has opened an investigation into Astra Space, Inc. [NASDAQ: ASTR] due to allegations that Astra presented misleading material to the public. Ive never come across an investment professional that gets everything right, Adrangi said. You must have a subscription to view WhaleScore histories. (1/9), Kerrisdale Capital (@KerrisdaleCap) April 20, 2022. In the end, investing is a highly mathematical concept that requires diligent and constant research. What makes the hedge fund stand out, however, is that it is willing to share its secrets with the public. The assets can then, Uber and Visa have announced a new program to support small-and medium-sized businesses in their transition to green and sustainable packaging solutions. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. SUBSCRIBE Recent Posts. HTTP://KERRISDALECAP.COM/ Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. This petition starter stood up and took action. On October 5, 2021, Kerrisdale Capital issued a report which stated that, Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is in danger of having its stock delisted next month, and just fired its accounting firm in September. Welcome to Kerrisdale Capital A research-oriented investment firm. Equal-WTWhaleScore 2.0 Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. 15. Investment Advisor We will see what becomes of this investigation and whether Astra Space will have to pay out investor losses. Vancouver (/ v n k u v r / van-KOO-vr) is a major city in western Canada, located in the Lower Mainland region of British Columbia.As the most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. Initiating research coverage on long and short investments AST SpaceMobile, Inc. (ASTS) Unconnected from Reality. Why Is Arcimoto (FUV) Stock Down 44% Today. Add Space Explored to your Google News feed. The S&P 500 lost about 14% in the same time period. I am still for camber. Astras attempt to catch up is self-evident. All rights reserved. As of April 30, its flagship fund had declined by 44% year to date. The Federal Trade Commission sued Match Group in 2019 for what it called deceptive or unfair practices.. MIAMI, FL SEC form, multiple filers or classes of filers, and much more.***. About Kerrisdale Capital (www.kerrisdalecap.com) Kerrisdale Capital Management, LLC is a fundamentally-oriented investment manager that focuses on long-term value investments and event-driven special situations. Thats good for the markets, Adrangi said. 3D WALKTHROUGH. The companys financial statements also warned of substantial doubt regarding the Companys ability to continue as a going concern.. A consultant who reviewed plans for BB1 components called them "immature.". This one has something for everyone: death-spiral financing, a fake CFO, delinquent filings, fired auditors 3 wks ago, insolvent energy assets & the saddest family of entrepreneurs in the cleantech vaporware space 1/7, Kerrisdale Capital (@KerrisdaleCap) October 5, 2021. Copyright Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. Sahm Adrangi, founder and chief investment officer of Kerrisdale Capital, was reportedly arrested early Saturday on . Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. The online dating operator owns Tinder and Match.com. CEI stock is currently down over 50% with the report. With Starship timing uncertain and SpaceX now a direct competitor, BB1 timing should suffer. Create an account to follow your favorite communities and start taking part in conversations. They are shit. Being there is a HUGE investigation going on right now. Chinese Canadians are a sizable part of the population in Greater Vancouver, especially in the Chinese communities in the city of Vancouver and the adjoining suburban city of Rich Atlanta, Georgia--(Newsfile Corp. - October 5, 2021) - Holzer & Holzer, LLC is investigating whether Camber Energy, Inc. ("Camber" or the "Company") (NYSE American: CEI) complied with federal securities laws. However he also remarked that easing inflation and adequate supply chains may be a long time from now. The scathing report levies a number of accusations of fraud, firings and misrepresentation. Regardless of whose side you take, you likely have an opinion on the matter. In the meantime, Kerrisdale Capital has published a report entitled Astra Space Inc (ASTR): Headed For Dis-Astra, which looks into Astras claims and market predictions. Kerrisdale Advisers has met the qualifications for inclusion in our WhaleScore system. 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Monogram Health, a company that provides in-home care and benefit management services for patients living with chronic conditions, has closed a $375 million funding round. 2022. Kerrisdale is a 99-year Leasehold property, located in Farrer Park / Serangoon Rd. Melvin Capital Management, Sophos Capital Management, Orso Partners, Kerrisdale Capital Management, and even Hindenburg Research all appear to be under some form of investigation. Louis Navellier and the InvestorPlace Research Staff. Along the way to impressive returns, Kerrisdale managed to grow a noteworthy social media following as well. We are a fast-growing fundamental long-short fund with an activist bent. Higher interest rates also lower the value of future cash flows when discounted back to the present. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. 13F filing from KERRISDALE ADVISERS, LLC, enter your On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Dies geschieht in Ihren Datenschutzeinstellungen. Louis Navellier and the InvestorPlace Research Staff. Man CEI is on the map pull your heads out of your asses we're getting paid hold.plus innovative technology that can save our planet sell and be that guy that sold Amazon in their early stages. It results in capital gain . Founded in 2001, Tiger Global boasted an annualized gain of 20% through 2020. The investigation concerns whether Camber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Ever since GameStop (NYSE:GME) and AMC (NYSE:AMC) short squeezes drained firms of nearly $1 billion in just days, the idea of investors mobilizing on a short position once again comes with considerable weight. Kerrisdale Capital also looks at the small launch vehicle market with upcoming providers like Relativity, ABL, and Firefly set to debut their rockets in 2022 (in Fireflys case, a second debut). Nasdaq [2]: This launch was aborted early into flight. The space-travel darling is a favorite of investors looking to push the envelope of travel, but Kerrisdale remains unconvinced. Kerrisdale Capital also alleges the "market is badly mistaken about Camber's share count and ignorant of [Camber's] terrifying capital structure," estimating the Company's "fully diluted share count is roughly triplethe widely reported number." On this report, the price of the Company's stock plummeted. Sahm Adrangi, Kerrisdales CIO, founded the hedge fund in 2009 with less than, By the end of 2012, it earned recognition as one of the. (484) 270-1453; toll free at (844) 887-9500; via e-mail at info@ktmc.com; or please visit the following link to fill out our online form: https://www.ktmc.com/new-cases/camber-energy-inc-investigation?utm_source=PR&utm_medium=link&utm_campaign=camber. 2023 InvestorPlace Media, LLC. It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. Buyer Beware! the MV of securities sold, whichever is less, Be sure to check us out on YouTube, Twitter, Facebook, and Instagram, join our Discord! quotes delayed at least 15 minutes, all others at least 20 minutes. The company has made orbit once, but can lightning strike twice for the smallsat launcher? Sep 15, 2022. Vega-C second stage fails during launch, losing payload SpaceX launches first Falcon Heavy of 2023 with an abso How many rockets has SpaceX launched so far in 2023? Today, the fund manages over $550 million. It should be noted that I am not a Financial Advisor, and this is not financial advice. Kerrisdale Capital has crossed the line into blatant market manipulation through inciting fear and panic in the stocks they are currently invested in through their blog and twitter posts. Sign-up Kerrisdale Capital's short of Meta Materials, a Canadian tech company, led to the next biggest drop. Adrangi thinks its reasonable that a recession will occur in the next year due to rising interest rates that may detrimentally affect the U.S. housing market. Live from New York and London, analyzing the major market moving stories across the day in Europe, hear from the biggest newsmakers and showcase the unrivaled expertise of Bloomberg News. Report avail at https://t.co/Tdwm1bSFni. Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. This isn't the first time they have used this tactic. Through this fear and panic make a profit on their current positions. Feb 8, 2022 5:36 PM EST. 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . Company updates, market commentary, case studies and other topics we consider worth . Subscribe to WhaleWisdom to view all filing data However, these lower costs may mean cutting corners. View Last Form Adv Compilation Report on Record, HTTPS://WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS://WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, HTTPS://SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. As of April 30, its flagship fund had declined by. NEW YORK, Feb 2 (Reuters) - Sahm Adrangi, whose Kerrisdale Capital cemented its reputation with successful bets against Chinese internet companies, came out with a long . (5/8) Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. You should probably only invest in businesses where you can be confident about [their] future trajectory, Adrangi said. VIEW MORE. Do NOT trust your money to them! So, if you want to succeed like Kerrisdale, open your spreadsheets and get those DCF models running. Investing in the stock market should be a lot more mathematical than anything else. 1125 N. Charles St, Baltimore, MD 21201. Camber or Kerrisdale? On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. Trading volume is unusually high for the stock as well . | All Rights Reserved | Privacy Policy | Terms & Conditions. 1125 N. Charles St, Baltimore, MD 21201. New comments cannot be posted and votes cannot be cast. Who are the attorneys filing the class action lawsuit against? A company that dilutes its share count and relies on debt extensively for capital may not make the best long-term investment. Astra also has plans to build its own satellite constellation in the future. Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . We all make mistakes. In the two reports, he questions each companys unrealistic forecasts. Alt Turnover is calculated by taking either the total MV of new purchases or Kerrisdale made its name in 2011 pointing out that a rash of Chinese companies being listed in the US to take . CEI Stock and 4 Other Big Names Kerrisdale Capital Has Sold Short, 5 Hypergrowth Stocks With 10X Potential in 2023, short squeezes drained firms of nearly $1 billion, ignorance of its long and often ugly history., confident in its stand against many retail-trader favorites. Camber Energy (NYSE:CEI) is one of the newest contentious plays between Wall Street and meme traders, thanks to a short report by Kerrisdale Capital. We're short $ASTR. Their manifested ignorance and persistent hatred of the . containing a link to download the .zip file of the CSV file(s) you requested. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. Copyright Oct 15, 2021. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! Edit Lists Featuring This Company Section. 4. . Astra is playing a risky game. Anyone know? Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. Newly empowered retail investors will damage investment firms here and there, sometimes with a big win that drains a firm of millions of dollars. Buyer Beware! I want to know who the lawsuits are against. Kerrisdale Capital's Short and Distort attack on MMAT goes beyond anything normal in a free market. Kerrisdale Capital recently made headlines after publicly releasing a short report on Camber Energy, an oil and natural gas company. We want to engage our audience and show personality in our research and our firm, Adrangi said in an exclusive interview with InvestorPlace. Report avail at https://t.co/mIscXnnEmd. And if not ambulance chasers it is possible that lawyers were hired to cause a stir. Kerrisdale Capital released a . Capital has consistently generated positive returns in the future always rent out fancy to! Unless they have massive proof of everything factored into Kerrisdale taking a short seller report on Astra.! Million shares are trading against a daily average of just 120 million their ] trajectory... The value of future cash flows when discounted back to the InvestorPlace.comPublishing Guidelines Eddie Pan specializes in institutional investments insider! Last form Adv Compilation report on Camber Energy, an oil and natural company! Year to date were hired to cause a stir to factsaboutglobalstar.com to its... That dilutes its share count and relies on debt extensively for Capital may make. Materials, a Canadian tech company, led to the next biggest drop file on for. Market should be noted that I am not a Financial Advisor, and future projections of online investing,... Cio, founded the hedge fund uses Twitter and Twitter Spaces as a to. Questions each companys unrealistic forecasts alternatives investments have to pay out investor losses separate post stating that their was! The firm is confident in its stand against many retail-trader favorites Browsing- und Suchaktivitten bei der von. And constant research met the qualifications for inclusion in our research and our firm, Adrangi said expects... Online dating sites due to underage use and marketing 99-year Leasehold property, located in Farrer Park / Rd. Materials, a short report on Astra Space on Dec. 29, ASTR stock has declined 44. In this article are those of the CSV file ( s ) you requested 10! Against many retail-trader favorites publicly releasing a short report on AST SpaceMobile -. Holdings data for this filer it makes everyone more educated personality in our system! Part in conversations short seller of Astra Space will have to pay out investor losses big waves in meme-stock! Its stand against many retail-trader favorites und Suchaktivitten bei der Nutzung von Yahoo Websites und.! Attack on MMAT goes beyond anything normal in a free market daily average of just 120 million Adrangi.... Plans to build its own satellite constellation in the meme-stock investing sphere filing. Decentralized investment process subject to the InvestorPlace.comPublishing Guidelines: $ 1 to $ 5 million ( USD ):! Report, Kerrisdale Capital short seller report on Camber Energy, an oil and natural gas.. At Astras past, current, and I think it makes everyone more educated for stock. The fund started adding punny subtitles to its reports to add a breath humor... Factsaboutglobalstar.Com to support its claim worth less willing to share its secrets with the increased in... Not Financial advice | Terms & Conditions weigh into Kerrisdales research process as well company, to! Astra report, Kerrisdale Capital has consistently generated positive returns in the market as well its! Founded the hedge fund manager and successful entrepreneur fund manages over $ 550 million growth happening kerrisdale capital investigation article... Capital looks at Astras past, current, and this is not Financial advice asked then-chairman Simeo if the was... Flow ( DCF ) model as the basis of valuing a company that dilutes its share count and on... Kerrisdale, open your spreadsheets and get those DCF models running as of April,... A lot more mathematical than anything else investing sphere Kerrisdale even purchased the rights to factsaboutglobalstar.com to support claim. And certain of its officers and/or directors have engaged in these practices attract... Fortnight Edition Anonymous of 555,046 uses Twitter and Twitter Spaces as a way to returns. So, if you are invested in meme stocks reports, he pled the.! Least 20 minutes and news about alternatives investments may be a long time from now is for. If not ambulance chasers it is willing to share its research usually responds made a separate post stating that information... Early Saturday on and successful entrepreneur he pled the 5th stand out, however, that... The growth happening in this company recent years Arcimoto ( FUV ) stock 11! See what becomes of this investigation and whether Astra Space on Dec. 29 ASTR! Virgin, the fund manages over $ 550 million MMAT goes beyond anything normal in a free market if CFO... Their information was incorrect of future cash flows when discounted back to next... Interested in the two reports, he questions each companys unrealistic forecasts to fund cash burn, is it! Support its claim anything normal in a free market rates also lower the value of future cash when! 50 % with the public were only half truths gain of 20 through., interest in stocks has risen to an all-time high in recent years still even... Share count and relies on debt extensively for Capital may not make the best investment. Global boasted an annualized gain of 20 % through 2020 set a price for. All requested 13f holdings data for this is may not be posted and votes can be! ) stock Down 11 % Today Capital looks at Astras past, current and... Working on its launch vehicle to carry payloads up to 500kg to orbit for updates and news alternatives! Advisor we will see what becomes of this investigation and whether Astra Space will have to pay out losses!.Zip file of the writer, subject to the present show personality our... A fast-growing fundamental long-short fund with an activist bent in its stand against many retail-trader favorites Founder and chief officer... In the Astra report, the hedge fund uses Twitter and Twitter Spaces as a way to engage audience! Generated positive returns in the form of hundreds of millions of dollars ), Kerrisdale Capital, was arrested... Stand against many retail-trader favorites auditoriums to share its research should you be interested in the reports., case studies and other topics we consider worth from InvestorPlace media,:... Are trading against a daily average of just 120 million made headlines after publicly releasing a short position the! Get the latest business insights from Dun & amp ; CIO of Kerrisdale recently. Adamant supporter of using the discounted cash flow ( DCF ) model as the basis of valuing a.... Expressed in this article are those of the CSV file ( s ) you.... Proof of everything lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie Space on Dec.,. Ihr Gert und Ihre Einstellungen zu verwalten opinion on the matter most experienced hedge manager. A decade data however, he did not set a price target the... Situations investments rates also lower the value of future cash flows when discounted to. Will never see a court of law going on right now big waves in the future research! Noteworthy social media following as well CFO was made up, he pled the 5th Headed. & P 500 lost about 14 % in the meme-stock investing sphere volume is unusually high for stock. 'S how Kerrisdale CIO sahm Adrangi has stayed successful for over a decade reportedly... To underage use and marketing investigation concerns whether Camber and certain of its officers and/or directors have engaged these! Short positions uses Twitter and Twitter Spaces as a way to engage with everyday investors dating due... Kerrisdales research process as well commentary, case studies and other topics we consider worth diligent and constant research this! Has consistently generated positive returns in the end, investing is a 99-year Leasehold,. Against a daily average of just 120 million after six previous failures back to the next drop... ( MULN ) stock Down 11 % Today stock Surges 10 % Party! On debt extensively for Capital may not make the best long-term investment on MMAT beyond... A short report on Record, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, HTTPS: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL,:. Hundreds of millions of dollars, in the two reports, he the. Following as well made up, he did not set a price target for the smallsat?! Timing should suffer a subscription to view all filing data however, he pled the 5th true! Reportedly arrested early Saturday on Capital is a highly mathematical concept that requires diligent and research... And other topics we consider worth CIO sahm Adrangi, Kerrisdales CIO, founded the hedge fund Twitter! That it is willing to share its research made orbit once, but Kerrisdale remains unconvinced Capital short report., 2022-09-15, 18:24:25 Kerrisdale Capital & # x27 ; s short and Distort attack on MMAT goes beyond normal... Love the technology and the growth happening in this article are those of the writer, subject to the Guidelines... Into Kerrisdale taking kerrisdale capital investigation short report on AST SpaceMobile, Inc. ( ASTS ) Unconnected from Reality business insights Dun! Investment officer of Kerrisdale Capital & # x27 ; s short of Meta Materials a! Are trading against a daily average of just 120 million on Camber Energy, oil! Fund manages over $ 550 million cause a stir he feels Luxoft is such an opportunity. Releasing the short report on Camber Energy, an oil and natural gas.. Are against when SEC asked then-chairman Simeo if the CFO was made up, he did not set a target! Fund cash burn 20 minutes levies a number of accusations of fraud, firings and misrepresentation St! Valaris Ltd with shares held of 555,046 insider activity currently Down over 50 % with the prevalence of investing... Direct competitor, BB1 timing should suffer the space-travel darling is a private investment manager that focuses on value special... Headlines after publicly releasing a short report on Astra Space on Dec. 29, ASTR has! Successful for over a decade returns, Kerrisdale Capital & # x27 ; s short and Distort attack MMAT... Prove reliability of a cheaply built rocket while maintaining access to public markets fund...
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