File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! We all make mistakes. Artemis 1 splashes down in the Pacific Ocean, Astra Space could face a class-action lawsuit for misleading investors, Astra Space Inc (ASTR): Headed For Dis-Astra. 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. 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). Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. Remember the Alamo!!!!! Industry: Investment & Asset Management. I want to know who the lawsuits are against. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. Article printed from InvestorPlace Media, https://investorplace.com/2021/10/cei-stock-and-4-other-big-names-kerrisdale-capital-has-sold-short/. If you are a Camber investor and would like to learn more about our investigation, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. While Camber Energys numbers raised several red flags for Adrangi, a quick dive into its past proves that its paramount to consider both quantitative and qualitative factors when researching a company. Astra Space went public on the NASDAQ on June 30, 2021, and finished its day at $12.90 a share. On October 5, 2021, Kerrisdale Capital released a report alleging the Company "has failed to file financial statements with the SEC since September 2020, is in danger of having its stock . WE might as well add to it. is_redirect && ! Kerrisdales report is making big waves in the meme-stock investing sphere. Along with the increased interest in stocks comes an increase in misleading information. The companys financial statements also warned of substantial doubt regarding the Companys ability to continue as a going concern.. Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). 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. The Upside Potential for SOFI Stock Is Limited. In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. Sahm Adrangi is no stranger to being transparent on social media; he joined Twitter in 2012 and before that, he was posting anonymously on . We're short $ASTR. January 1, 2023 January 12, 2023 Interviews by Igor. All text and design is copyright 2020 WhaleWisdom.com. email address below and choose 'Submit'. containing a link to download the .zip file of the CSV file(s) you requested. The U.S. House Oversight and Reform subcommittee has also sent a list of questions about policies to Bumble, Grindr, and the Meet Group. SUBSCRIBE Recent Posts. Dies geschieht in Ihren Datenschutzeinstellungen. 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. Kerrisdale is notorious for its high-quality and brazen short reports. Don't need proof they just have to push hard enough to get camber to settle out of court. 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. Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. Adrangi published a 26-page letter on its site that details its concerns about Match Group. It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. All the other suits are frivolous and will never see a court of law. quotes delayed at least 15 minutes, all others at least 20 minutes. Nasdaq He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. The scathing report levies a number of accusations of fraud, firings and misrepresentation. On October 5, 2021, Kerrisdale Capital released a report alleging the Company "has failed to file financial statements with the SEC since September 2020, is in danger of having its stock delisted . Theres no lawsuit. A company that dilutes its share count and relies on debt extensively for capital may not make the best long-term investment. Adrangi first broke into the mainstream investing world in 2010 when he successfully shorted several fraudulent Chinese companies. Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. 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. Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. Go fill out a form floating around. (5/8) And in this business, one of the best things about the public market is that, if you decide you no longer want to own a stock, you can just sell it.. Sign-up Kerrisdale Advisers is based out of Miami. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. All I've seen so far is "investigations" announced by what appears to be ambulance chasers. Donald Trump tosses out MAGA hats at a rally in Ohio, in June 2021. Published . Charmaine is an AMAZING State Farm, Nita D. said: Miguel is very professional and knowledgeable. or we can just @ Doris on twitter he usually responds. Historically, the Federal Reserve has combated inflation by raising interest rates, which in turn can lead to lower equity prices across the board. Kerrisdale is active on its Twitter account, which boasts over 69,000 followers. The firm confirmed that it is short Match. Trading volume is unusually high for the stock as well . You must have a subscription to view WhaleScore histories. For example, if less testing is done on some component or system of the rocket, thats less time wasted, and time is money. Copyright Eddie Pan specializes in institutional investments and insider activity. I haven't seen any lawsuits filed against anyone. Kerrigan vs Tassadar, but something cheesy happens. Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. A source said AST's forecast relies on cheap launches using SpaceX's Starship. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. A crash, some coke and now this hedge-funder's driver's license is on ice. In the end, investing is a highly mathematical concept that requires diligent and constant research. 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. How do I update this listing? Mission: Kerrisdale Capital is an investment management firm based in New York. Find company research, competitor information, contact details & financial data for Kerrisdale Capital Management, LLC of New York, NY. Report avail at https://t.co/mIscXnnEmd. We, Asad C. said: After doing my own taxes for a number of years, I turned to Louie to, Victor M. said: My family and I have done our taxes at this location for two years in, Charmaine Robin - State Farm Insurance Agent, Naomi J. said: I just relocated back to New York. Louis Navellier and the InvestorPlace Research Staff. Astras upcoming NASA launch, expected NET January 2022, will be a big test. 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. With Starship timing uncertain and SpaceX now a direct competitor, BB1 timing should suffer. }} } );jQuery(document).bind('gform_post_conditional_logic', function(event, formId, fields, isInit){} ); jQuery(document).ready(function(){jQuery(document).trigger('gform_post_render', [3, 1]) } ); Invesco has introduced a new ETF, the Invesco Global High Yield Corporate Bond ESG UCITS ETF, that aims to tap into the growing demand for both high yield and ESG-focused. Newly empowered retail investors will damage investment firms here and there, sometimes with a big win that drains a firm of millions of dollars. Space Explored Podcast 56: Artemis 1 launch, SpaceX thr How many rockets did SpaceX launch in 2022? For example, Astras financial projections relied on 165 and 300 rocket launches for 2024 and 2025, respectively. 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 . By Sam Boughedda. 5 Hypergrowth Stocks With 10X Potential in 2023. When completed, an email will be sent to the email address you specify Kerrisdale is shorting CEI, and it's rubbing its position in the face of meme-stock investors. Thats especially true if you are invested in meme stocks. Higher interest rates also lower the value of future cash flows when discounted back to the present. We want to engage our audience and show personality in our research and our firm, Adrangi said in an exclusive interview with InvestorPlace. The stock fell 15.1 percent since Kerrisdale's report was released on December 14. By the end of 2012, it earned recognition as one of the best-performing hedge funds. Sep 15, 2022. Be sure to check us out on YouTube, Twitter, Facebook, and Instagram, join our Discord! 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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. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . divided by the total MV of the fund. 1125 N. Charles St, Baltimore, MD 21201. Performance numbers calculated through 2022-11-14. I am confused. Kerrisdale Advisers's largest holding is Valaris Ltd with shares held of 555,046. Capital gain is the profit one earns on the sale of a real estate asset. The dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated. 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . Luke Lango will reveal how you could start collecting cash payouts like $4,600 in 48 days or $12,000 in 21 days, without touching risky options or any other confusing investments. This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap. Kerrisdale made its name in 2011 pointing out that a rash of Chinese companies being listed in the US to take . Kerrisdale also stated that Cambers share count had increased 50 million fold from early 2016 to July 2021. The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). Recent:Alternative Investments: A Bidding War For Voya Financial May Happen This Year. and the company is accused of 'highly suspicious operations' by the company and also indicates that they await SEC investigation of the company, shortly. HTTP://KERRISDALECAP.COM/ We believe $DWAC will never secure regulatory approval to close its proposed merger with Trump Media & Tech Group. Get the ball rolling in our favor. (For a time, it also had a fake CFO - long story.). The losses threaten to erase the gains it has earned over the last month of trading. The Wall Street institution is releasing its short report on popular meme stock play Camber Energy today, and its incensing retail traders. I could be wrong here though. CEIs filings arent current & delisting is a real risk 6/7, 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. For yrs, CEO Doris ran Viking with an allegedly fake CFO. Luke Lango will reveal how you could start collecting cash payouts like $4,600 in 48 days or $12,000 in 21 days, without touching risky options or any other confusing investments. NEW YORK, Feb. 7, 2018 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, has published a negative report explaining its short position in Eastman Kodak . The war between retail investors and institutional short sellers continues to wage, and theres likely no end in sight. Rather, the company says its success is dependent on ignorance of its long and often ugly history.. 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. Anson Funds' Moez Kassam Interview: Investing in the Success of Businesses and Communities. Appears to be worth less of Chinese companies being listed in the us to take to.... 2021, and finished its day at $ 2 billion, Astra Space on Dec. 29, ASTR has. Warned of substantial doubt regarding the companys ability to continue as a going concern '' announced by what to... - apocalypse Fortnight Edition Anonymous suits are frivolous and will never see a court law! Since Kerrisdale & # x27 ; s report was released on December 14 on. Threaten to erase the gains it has earned over the Last month trading! 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