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. When completed, an email will be sent to the email address you specify Company updates, market commentary, case studies and other topics we consider worth . Everything was taken. 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). Copyright 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 The firm will be seeking recovery of investor losses through a class action. It is no surprise that Astra is aiming for low-cost vehicles to be competitive. Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). However he also remarked that easing inflation and adequate supply chains may be a long time from now. 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 . Adrangi published a 26-page letter on its site that details its concerns about Match Group. Throughout the past decade, Kerrisdale hasnt lost its touch for flair. Macroeconomic factors, such as inflation, weigh into Kerrisdales research process as well. Spruce published on Nuvei . Performance Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. Why Kerrisdale Capital is Short Match Group. I am still for camber. 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). Were the only other fund outside of Pershing Square thats ever rented out an auditorium and done a multi-hour slideshow presentation on one of our shorts, and its probably still our favorite, said Adrangi. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! Equal-WTWhaleScore 2.0 All the other suits are frivolous and will never see a court of law. Anyone know? Still, even some of the most experienced hedge fund managers have been caught off guard by this years sharp decline in the market. 15. All rights reserved. Along with the increased interest in stocks comes an increase in misleading information. It needs to ramp production and prove reliability of a cheaply built rocket while maintaining access to public markets to fund cash burn. Why Is Mullen Automotive (MULN) Stock Down 11% Today? All I've seen so far is "investigations" announced by what appears to be ambulance chasers. Sometimes it's just a fight for the good things. As InvestorPlace contributor Chris MacDonald reports, the report goes so far as to suggest CEI will see delisting in the next month. Camber Energy: Do Not Ignore Its Recent Agreement Camber Energy Inc. (NYSEAMERICAN: CEI) Subsidiary Viking Press J to jump to the feed. Ultimately, these are entities that spit out cash flow and youre paying a certain price for them, and it depends what those cash flows are. The Rosen Law Firm, a global investor rights law firm, has opened an investigation into Astra Space based on the allegations outlined in the Kerrisdale Capital report. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. With the prevalence of, , interest in stocks has risen to an all-time high in recent years. A source said AST's forecast relies on cheap launches using SpaceX's Starship. From Kerrisdale Capitals standpoint, Astra faces massive obstacles to becoming a viable business and has nonsense launch projections. This site is protected by reCAPTCHA and the Google. Copyright 2023 InvestorPlace Media, LLC. MIAMI, FL 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. 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. Whalewisdom has at least 42 13F filings, and 8 13G filings. Ft. 1759 Carrera Cir, Medford, OR 97504. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. 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. Historically, the Federal Reserve has combated inflation by raising interest rates, which in turn can lead to lower equity prices across the board. ? You are limited to the prior 8 quarters of 13F filings. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. 2.5 Baths. 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. and a top 10 holdings concentration of 48.51%. Along the way to impressive returns, Kerrisdale managed to grow a noteworthy social media following as well. 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. 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. 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. Welcome to Kerrisdale Capital A research-oriented investment firm. 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. Kerrisdale bets DWAC will never get needed regulatory approval, Truth Social executives have left, downloads have dried up. Darius Miles, a former Alabama men's basketball player who was charged with capital murder in the shooting death of a 23-year-old woman early Sunday morning, "maintains his innocence" and is . The online dating operator owns Tinder and Match.com. I could be wrong here though. Today, the fund manages over $550 million. Thats because the firm has been unabashedly shorting numerous different big name retail stocks. Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. 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 . 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. 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. Get the ball rolling in our favor. Along the way to impressive returns, Kerrisdale managed to grow a noteworthy social media following as well. Kerrisdale Capital's Short and Distort attack on MMAT goes beyond anything normal in a free market. 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 . 3 reviews of Kerrisdale Capital "Unethical company ran by a man with a history of drug and alcohol problems! 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? There are 2 lawyers so far for investors who chose to seek damages. In the two reports, he questions each companys unrealistic forecasts. ? 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. We love the technology and the growth happening in this company. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts w 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 . 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. The MSM is the most dangerous element working to destroy this great republic. Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. 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. CEI stock is currently down over 50% with the report. Their manifested ignorance and persistent hatred of the . Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Were going to take a look at some executive summaries and break down what we can. Kerrisdale Advisers has met the qualifications for inclusion in our WhaleScore system. The company has made orbit once, but can lightning strike twice for the smallsat launcher? January 1, 2023 January 12, 2023 Interviews by Igor. Feb 8, 2022 5:36 PM EST. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. Sign-up Take Chase Colemans Tiger Global, for example. 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. 13F filing from KERRISDALE ADVISERS, LLC, enter your (5/8) Astras attempt to catch up is self-evident. From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. Charmaine is an AMAZING State Farm, Nita D. said: Miguel is very professional and knowledgeable. This isn't the first time they have used this tactic. 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 . Commentary. All the other suits are frivolous and will never see a court of law. Industry: Investment & Asset Management. We believe Astras reliability goal for its rockets is 80% (which itself is not exactly confidence inspiring). Investing in the stock market should be a lot more mathematical than anything else. CEI stock is currently down over 50% with the report. So, reducing every investment decision to a math equation, people will be better served if they do that than a whole lot of other things.. Kerrisdale Capital recently made headlines after publicly releasing a short report on Camber Energy, an oil and natural gas company. Kerrisdale Capital @KerrisdaleCap At the time of the merger announcement, TMTG was a bogus company, which combined with the ongoing SEC investigation makes the filing of an acceptable S-4 prohibitive. Get the latest business insights from Dun & Bradstreet. 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. the MV of securities sold, whichever is less, Buyer Beware! 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 . SOLD DEC 30, 2022. As a result, Adrangi believes that theres just a lot of garbage in the markets., We are short $DWAC. Will you do the same? PRTY Stock Surges 10% as Party City Files for Bankruptcy. Sahm Adrangi, Kerrisdale's CIO, founded the hedge fund in 2009 with less than $1 million in initial capital. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. 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. This agreement came to light following Astras infamous powerslide launch, in which a Delphin rocket engine (developed by Astra) shut down shortly after liftoff. The losses threaten to erase the gains it has earned over the last month of trading. . 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. Hedge Funds: Kerrisdale Capital Takes Aim at Match.com, Alternative Investments: A Bidding War For Voya Financial May Happen This Year, Alternative Investments/ESG: Invesco Launches Global High Yield ESG ETF, Venture Capital: Monogram Health Lands $375M Funding Round For Specialized At-Home Renal Care, Digital Assets: Binance Launches Binance Mirror, A Cold Custody Solution For Institutions, FinTech: Uber Eats And Visa Make A Join Effort To Promote Environmentally Friendly Restaurant Packaging. Adrangi takes a very mathematical approach when researching companies. 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. 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.
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