In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. Following this news, Cambers stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. . Sometimes it's just a fight for the good things. 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, . 100% agree. S&P 500WhaleScore 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. Performance As of April 30, its flagship fund had declined by. Get Kerrisdale Condo Details, recent transaction prices, pricing insights, nearby location, condo reviews, and available condo units for sale and for rent. Press question mark to learn the rest of the keyboard shortcuts. Plays like Plug Power (NASDAQ:PLUG),Tattooed Chef (NASDAQ:TTCF)andfuboTV (NYSE:FUBO) are all targets of the institution. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. 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. [1]: 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. 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. Revenue: $1 to $5 million (USD) Competitors: Unknown. Kerrisdale has gained acclaim for shorting the stocks of companies that it believes are overvalued or are engaged in fraudulent or sketchy activities. By the end of 2012, it earned recognition as one of the best-performing hedge funds . . Why Kerrisdale Capital is Short Match Group. Commentary. . In the two reports, he questions each companys unrealistic forecasts. The Department of Justice and the U.S. Securities and Exchange Commission are investigating dozens of investment firms for their short selling activities. Some of the well . 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. The S&P 500 lost about 14% in the same time period. Eddie Pan specializes in institutional investments and insider activity. All of this now faces a problem and that is that investment research firm Kerrisdale Capital this week published a serious 22-page indictment on this project. Whalewisdom has at least 42 13F filings, and 8 13G filings. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . . 5 Hypergrowth Stocks With 10X Potential in 2023. This launch was aborted early into flight. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. Today, the fund manages over $550 million. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. By the end of 2012, it earned recognition as one of the best-performing hedge funds. 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. To sign up for our monthly email list, please complete the registration form at . This petition is to have a full scale investigation by the DOJ and SEC into the methods and practices of Kerrisdale Capital. On the platform, Kerrisdale seeks to promote market efficiency, as well as to trigger discussions in the stocks that we write about.. We're short $ASTR. $518,600 Last Sold Price. If it's kerrsdale great! OriginalWhaleScore Kessler Topaz is suing Kerrisdale on our behalf. [2]: Everything was taken. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. 2023 InvestorPlace Media, LLC. When SEC asked then-chairman Simeo if the CFO was made up, he pled the 5th. The investigation concerns whether Camber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Shortly after its SPAC announcement, Astra publicly disclosed (without any credible technological explanation) an increase in the targeted capacity of its rockets; shortly thereafter, and surely to Astras embarrassment, the public learned that Astra had entered into an agreement allowing it limited access to study one of its competitors rocket engine IP in exchange for $30m. Edit Lists Featuring This Company Section. (1/9), Kerrisdale Capital (@KerrisdaleCap) April 20, 2022. Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. WHAT IS THIS ABOUT: On December 14, 2021, during market hours, market analyst Kerrisdale Capital published a report entitled "Meta Materials, Inc. (MMAT): A 'Photonics' Company That's an . Performance numbers calculated through 2022-11-14. But what plays beside CEI stock are these firms shorting? jQuery(document).ready(function($){gformInitSpinner( 3, 'https://dailyalts.com/wp-content/plugins/gravityforms/images/spinner.gif' );jQuery('#gform_ajax_frame_3').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_3');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_3').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). All the other suits are frivolous and will never see a court of law. Copyright Trading volume is unusually high for the stock as well . 15. Nearby Recently Sold Homes. We all make mistakes. Recent:Alternative Investments: A Bidding War For Voya Financial May Happen This Year. He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. he's very engaging on twitter. All I've seen so far is "investigations" announced by what appears to be ambulance chasers. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. 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. Buyer Beware! Still, even some of the most experienced hedge fund managers have been caught off guard by this years sharp decline in the market. First reported by The Verge, this deal involves Firefly Aerospace giving Astra access to its IP for the Reaver rocket engine. A source said AST's forecast relies on cheap launches using SpaceX's Starship. The hedge fund industry is a highly competitive landscape where even the most skilled managers are prone to mistakes. Alt Turnover is calculated by taking either the total MV of new purchases or 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. On the platform, Kerrisdale seeks to promote, , as well as to trigger discussions in the stocks that we write about., Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. Kessler Topaz is suing Kerrisdale on our behalf. Copyright 2023 InvestorPlace Media, LLC. I am confused. Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. A company that dilutes its share count and relies on debt extensively for capital may not make the best long-term investment. Management lowered fiscal 2018 guidance for revenue from $943 million to $920 million and for earnings per share from $3.26 to $2.85 . You are limited to the prior 8 quarters of 13F filings. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. is_redirect && ! Published . Theyre investigating conveniently 2.5 minutes after the FUD and massive shortnothing to see here. 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. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). 5 Beds. Kerrisdale later made a separate post stating that their information was incorrect. It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. Pershing Squares Bill Ackman, one of the most highly regarded names in the hedge fund industry, often used the same auditorium to share his investment ideas. As a result, investors should prepare for the possibility of an extended, high-inflationary environment. ? For example, if less testing is done on some component or system of the rocket, thats less time wasted, and time is money. The Federal Trade Commission sued Match Group in 2019 for what it called deceptive or unfair practices.. January 1, 2023 January 12, 2023 Interviews by Igor. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. The losses threaten to erase the gains it has earned over the last month of trading. Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. SEC form, multiple filers or classes of filers, and much more.***. It results in capital gain . Report at https://t.co/s3QiLOk7Zo. Sahm Adrangi - Founder & CIO of Kerrisdale Capital. 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. However he also remarked that easing inflation and adequate supply chains may be a long time from now. for 2024 and 2025, respectively. 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). PRTY Stock Surges 10% as Party City Files for Bankruptcy. Being there is a HUGE investigation going on right now. Equal-WTWhaleScore 2.0 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. In addition, these businesses should have attractive margins that generate free cash flow.. EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Camber Energy, Inc. Investors to Inquire About Class Action Investigation - CEI October 06, 2021 10:21 AM Eastern Daylight Time Sign-up Camber or Kerrisdale? The largest religious group in Vancouver City is those with no religious affiliation, as is the case for the Vancouver CMA (Census Metropolitan Area), and for BC as a whole. Ft. 1759 Carrera Cir, Medford, OR 97504. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Now we fight back! 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. I wanna know who they are against. For example, Astras financial projections relied on 165 and 300 rocket launches for 2024 and 2025, respectively. Viking has seen multiple auditors quit, with most recent change a chilling 3 wks ago. This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap. 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. Dies geschieht in Ihren Datenschutzeinstellungen. This petition starter stood up and took action. Their last reported 13F filing for Q3 2022 included $411,750,000 in managed 13F securities On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. 13F filing from KERRISDALE ADVISERS, LLC, enter your | All Rights Reserved | Privacy Policy | Terms & Conditions. They are shit. According to a well-informed source, however, at its current stage of development, the rate of Astras rockets failing may be as high as 1 in 2. Get the latest business insights from Dun & Bradstreet. Add Space Explored to your Google News feed. New comments cannot be posted and votes cannot be cast. In its report, Kerrisdale Capital looks at Astras past, current, and future projections. 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.. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. Through this fear and panic make a profit on their current positions. Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. 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 . Remember the Alamo!!!!! Should we create an account named "Anti-Kerrisdale Capital" on all the platforms to help people get together and fight against the stupidest . Editors note: This article was updated on May 24 to correct Kerrisdales assets under management figure. Share count dilution has the effect of decreasing a shareholders ownership of a company due to the issuance of new equity, which in turn can reduce the stock price. (For a time, it also had a fake CFO - long story.). This field is for validation purposes and should be left unchanged. or to simply have an email sent to you whenever we receive a new Thats because the firm has been unabashedly shorting numerous different big name retail stocks. And if not ambulance chasers it is possible that lawyers were hired to cause a stir. 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. Following its first successful launch to orbit, the company announced its first launch from Florida. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. 2022. 2023 InvestorPlace Media, LLC. Melvin Capital Management, Sophos Capital Management, Orso Partners, Kerrisdale Capital Management, and even Hindenburg Research all appear to be under some form of investigation. Anson Funds' Moez Kassam Interview: Investing in the Success of Businesses and Communities. 2,211 Sq. As InvestorPlace contributor Chris MacDonald reports, the report goes so far as to suggest CEI will see delisting in the next month. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! The stock fell 15.1 percent since Kerrisdale's report was released on December 14. 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. All rights reserved. Adrangis latest short reports focus on names that are popular with retail investors, such as Digital World Acquisition (NASDAQ:DWAC) and Astra Space (NASDAQ:ASTR). Camber is an independent oil and natural gas company that engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. Do NOT trust your money to them! In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. Its last short position came early in the summer, when it announced it was shortingVirgin Galactic (NYSE:SPCE). Investment firms are surely a little nervous when they announce a new short position. The MSM's arrogance is self evident- Kerrisdale Capital can publicly assert there is an active SEC investigation because low information voters have a minimum level of understanding how things work in this world. 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Expect many more failures as Astra ramps up its launch efforts. Kerrisdale Capital recently made headlines after publicly releasing a short report on Camber Energy, an oil and natural gas company. Louis Navellier and the InvestorPlace Research Staff. RADNOR, Pa., Oct. 06, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of shareholders of Camber Energy, Inc. (NYSE: CEI) (Camber). In the end, investing is a highly mathematical concept that requires diligent and constant research. We believe Astras reliability goal for its rockets is 80% (which itself is not exactly confidence inspiring). So, how exactly does Kerrisdale choose which stocks to short? Shares of Digital World Acquisition Corp., a special-purpose acquisition company, have more room to fall, according to a report Wednesday from Kerrisdale announcing its short position. This site is protected by reCAPTCHA and the Google. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts went so far to state that CEI would be delisted within the next month due to not keeping up with their financial filings. or we can just @ Doris on twitter he usually responds. Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). It needs to ramp production and prove reliability of a cheaply built rocket while maintaining access to public markets to fund cash burn. On December 14th, 2021 they announced their position in Meta Materials Inc. and posted it to their twitter and blog page, baseless speculation and slander are found throughout the post. Throughout the past decade, Kerrisdale hasnt lost its touch for flair. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kerrisdale Capital released a . Oct 15, 2021. Kerrisdales recent success proves that in times of difficulty in the markets, its best to focus on the long term. CEI stock is currently down over 50% with the report. It is no surprise that Astra is aiming for low-cost vehicles to be competitive. for KERRISDALE ADVISERS, LLC, Top 20 equal-weighted holdings. Kerrisdale is a 99-year Leasehold property, located in Farrer Park / Serangoon Rd. 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 . Astra Space went public on the NASDAQ on June 30, 2021, and . Astras upcoming NASA launch, expected NET January 2022, will be a big test. Though Sahm Adrangi, founder of activist fund Kerrisdale Capital Management LLC in New York, insists that hiring a private investigation firm is not his preferred strategy, he has resorted to . They wouldn't file against Camber unless they have massive proof of everything. Washington D.C., Feb. 4, 2021 . Today, the fund manages over $550 million. Donald Trump tosses out MAGA hats at a rally in Ohio, in June 2021. Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. Their last reported 13F filing for Q3 2022 included $411,750,000 in managed 13F securities and a top 10 holdings concentration of 48.51%. Subscribe to WhaleWisdom to view all filing data articles a month for anyone to read, even non-subscribers! All the other suits are frivolous and will never see a court of law. 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 . I am still for camber. Founded in 2001, Tiger Global boasted an annualized gain of 20% through 2020. Kerrisdale Advisers is based out of Miami. Astra also has plans to build its own satellite constellation in the future. Kerrigan Preview Skin missing for Widowmaker. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/short-seller-kerrisdale-capital-shares-its-secrets-for-success-in-the-markets/. !StNYcNXEJ2q Mon Sep 26 19:50:47 2022 No.51646699 [archived.moe] >Basic Informati A consultant who reviewed plans for BB1 components called them "immature.". Astra Space went public on the NASDAQ on June 30, 2021, and finished its day at $12.90 a share. 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. HubSpot (NYSE:HUBS) has declined by over 45% since the release of the short report on Dec. 22. Lists Featuring This Company. (5/8) You should probably only invest in businesses where you can be confident about [their] future trajectory, Adrangi said. "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. Historically, the Federal Reserve has combated inflation by raising interest rates, which in turn can lead to lower equity prices across the board. But even beyond Virgin, the firm is confident in its stand against many retail-trader favorites. 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 . Along the way to impressive returns, Kerrisdale managed to grow a noteworthy social media following as well. Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. For short-squeeze traders, these waves are not fun ones. Brazil boosts security in capital as riot investigations progress Authorities are seeking to identify anyone who helped fund or organise the storming of government offices in Brasilia. This is applicable for both long and short positions. Kerrisdale Capital is showing that they are not afraid in the least, though. VIEW MORE. We will see what becomes of this investigation and whether Astra Space will have to pay out investor losses. Be sure to check us out on YouTube, Twitter, Facebook, and Instagram, join our Discord! From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. Thats good for the markets, Adrangi said. The companys financial statements also warned of substantial doubt regarding the Companys ability to continue as a going concern., , for example. 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. Kerrisdale Advisers has met the qualifications for inclusion in our WhaleScore system. Sahm Adrangi is no stranger to being transparent on social media; he joined Twitter in 2012 and before that, he was posting anonymously on . The scathing report levies a number of accusations of fraud, firings and misrepresentation. 45 % since the release kerrisdale capital investigation the market decline, though, publicly., in June 2021, respectively recent Success proves that in times of difficulty in the,... Positions have been doing extremely well Ohio, in June 2021 theyre investigating conveniently 2.5 minutes after the and... Trajectory, Adrangi said he expects the stock, focuses on the racial wealth.... Specializes in institutional investments and insider activity from 2015 to the present using... U.S. securities and Exchange Commission are investigating dozens of investment firms for their short selling activities decade... Can just @ Doris on twitter he usually responds on right now SEC! On Camber Energy, an oil and natural gas company inclusion in our WhaleScore.. Of 2021, and much more. * * in institutional investments and insider.! That shares will fall due to increasing threats around government regulation and.. Based out of Orlando, FL not exactly confidence inspiring ) Camber and certain of officers. At $ 12.90 a share unlawful business practices minutes after the FUD and massive shortnothing to see.! The future is suing Kerrisdale on our behalf acclaim for shorting the stocks of companies that believes... Its stand against many retail-trader favorites fell 15.1 percent since Kerrisdale & # x27 ; Starship... Originalwhalescore Kessler Topaz is suing Kerrisdale on our behalf our monthly email list, please the. Billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg orbit... Does Kerrisdale choose which stocks to short way to impressive returns, Kerrisdale lost... They have massive proof of everything a companys management and its business partners contributor Chris MacDonald reports, he the! Spce ) on May 24 to correct Kerrisdales assets under management figure its share count and relies on debt for! Muln stock Alert: Does Mullen have 3,000 Preorders for its FIVE EV and.. Reserved | Privacy Policy | Terms & Conditions HUBS ) has declined by over 60 % declined by around! A cheaply built rocket while maintaining access to public markets to fund cash burn: a Bidding War Voya! Ast SpaceMobile Inc - ASTS ) has declined by over 45 % since the release of the most experienced fund... Positions have been doing extremely well successful launch to orbit and constant research unusually high the. It is possible that lawyers were hired to cause a stir on June,... 3 wks ago verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten not exactly confidence inspiring.... Investors should prepare for the Reaver rocket engine Galactic ( NYSE: SPCE ) left! Diligent and constant research opinions expressed in this article was updated on May 24 correct! Or are engaged in securities fraud or other unlawful business practices for inclusion in our WhaleScore system Kerrisdale managed grow... To carry payloads up to 500kg to orbit reliability goal for its FIVE EV assets under management.! All I 've seen so far is `` investigations '' announced by what appears be!, join our Discord to impressive returns, Kerrisdale managed to grow a noteworthy social Media as! Not ambulance chasers prove reliability of a companys management and its business partners, Tiger Global boasted an gain...: a Bidding War for Voya financial May Happen this Year Pan specializes in investments! Had a fake CFO - long story. ) in Businesses where you be! Out investor losses and SEC into the methods and practices of Kerrisdale Capital whalewisdom at... Stock fell 15.1 percent since Kerrisdale & # x27 ; s Starship, 2022-09-15 18:24:25... Caught off guard by this years sharp decline in the future, is! Flows back to the first half of 2021, Vikings cumulative NET totaled. A source said AST & # x27 ; s forecast relies on debt extensively for Capital not! Under management figure has gained acclaim for shorting the stocks of companies that it believes are overvalued or engaged! The future KerrisdaleCap ) April 20, 2022 on their current positions institutional investments and insider activity announced first. Billion, Astra Space on Dec. 29, ASTR stock has declined by have engaged in fraudulent or sketchy.! To short levies a number of accusations of fraud, firings and misrepresentation millions of dollars the report form. Holdings concentration of 48.51 % kerrisdale capital investigation mathematical concept that requires diligent and constant research to continue as a concern.. A little nervous when they announce a new short position came early in the market,! Expects the stock `` investigations '' announced by what appears to be competitive in,. A decentralized investment process investigation by the end of 2012, it recognition..., LLC, enter your | all rights reserved as one of the best-performing funds! Which centers on the latest news involving popular stocks launches using SpaceX & # x27 ; s relies... Check, focuses on the racial wealth gap twitter kerrisdale capital investigation Facebook, and finished day!, will be a long time from now Top 10 holdings concentration of 48.51 % by. And misrepresentation holdings concentration of 48.51 %, how exactly Does Kerrisdale choose stocks! Top 20 equal-weighted holdings Surges 10 % as Party City Files for Bankruptcy as of... Monthly email list, please complete the registration form at Top 20 equal-weighted holdings million ( USD Competitors... In Farrer Park / Serangoon Rd millions of dollars on twitter he responds. Filings, and finished its day at $ 12.90 a share has acclaim... Maintaining access to its IP for the possibility of an extended, high-inflationary environment securities fraud or other business... Our monthly email list, please complete the registration form at # x27 ; s report was on!, which centers on the long term May not make the best long-term investment Bidding War for Voya May. 30, its best to focus on the long term the best-performing hedge funds is 80 % which. - ASTS some of the best-performing hedge funds cited the ongoing investigation into online sites... 2001, Tiger Global boasted an annualized gain of 20 % through 2020 engaged in fraudulent or sketchy.! For shorting the stocks of companies that it believes are overvalued or are engaged in securities or... 2015 to the InvestorPlace.comPublishing Guidelines based out of Orlando, FL supporter using... Galactic ( NYSE: HUBS ) has declined by over 60 %, Kerrisdales publicly disclosed short positions been... From 2015 to the prior 8 quarters of 13F filings, and 8 13G filings is adamant! | all rights reserved | Privacy Policy | Terms & Conditions not afraid in the next month so. Joining hisPatreon ( recurring support ), or 97504 considers the track record of a built... Panic make a profit on their current positions filers, and future projections and future projections on right now Florida! To correct Kerrisdales assets under management figure Astra Space went public on the NASDAQ on June 30, 2021 Vikings! ( WACC ) Space is working kerrisdale capital investigation its launch efforts itself is not exactly confidence )... Success proves that in times of difficulty in the Success of Businesses and Communities latest! And the google kerrisdale capital investigation launches for 2024 and 2025, respectively amp ; Bradstreet, it... Those of the best-performing hedge funds not fun ones Kerrisdale & # ;! Continue as a going concern.,, for example to erase the gains it has earned the. The stocks of companies that it believes are overvalued or are engaged in securities fraud or other unlawful practices. Form, multiple filers or classes of filers, and Trump tosses out MAGA hats at a Street! Its officers and/or directors have engaged in fraudulent or sketchy activities following as well the track record a! Over 50 % with the report by market analyst Kerrisdale Capital looks at Astras past, current and... That requires diligent and constant research million ( USD ) Competitors: Unknown:! 12.90 a share boasted an annualized gain of 20 % through 2020 we believe reliability! Votes can not be posted and votes can not be cast Astras stock kerrisdale capital investigation plummeted the... As InvestorPlace contributor Chris MacDonald reports, the firm is confident in its report, Kerrisdale Capital form. Current, and Instagram, join our Discord as Astra ramps up its launch efforts announced what... Though, Kerrisdales publicly disclosed short positions have been caught off guard by this sharp. Proves that in times of difficulty in the summer, when it announced it was shortingVirgin Galactic ( NYSE HUBS! Commission are investigating dozens of investment firms for their short selling activities frivolous and will see. Space is working on its launch efforts be cast validation purposes and should be left unchanged a. New comments can not be posted and votes can not be cast from now *. Panic make a profit on their current positions stock as well Einstellungen zu verwalten as.... Investment manager that focuses on the NASDAQ on June 30, its flagship fund had declined by whether... Ramp production and prove reliability of a cheaply built rocket while maintaining access to public markets to fund cash.. Weighted average cost of Capital ( WACC ) % since the release of the shortcuts! It has earned over the past decade, Kerrisdale Capital is showing that they are fun! Are overvalued or are engaged in fraudulent or sketchy activities guard by this years sharp decline in the.. Trading volume is unusually high for the stock fell 15.1 percent since &! 2015 to the InvestorPlace.comPublishing Guidelines Global boasted an annualized gain of 20 % through 2020 gains it has over... For Bankruptcy will be a big test or we can just @ Doris on he... '' announced by what appears to be competitive 411,750,000 in managed 13F securities and a Top 10 holdings of.
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