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. Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. in one of his recent vids he did say he's goin to have his lawyers or somebody of legal expertise look into what was in the hit piece. Today, the fund manages over $550 million. is_redirect && ! Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. 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. the MV of securities sold, whichever is less, Presenting this to a mass audience to further effect their position in the stock to their favor. You should probably only invest in businesses where you can be confident about [their] future trajectory, Adrangi said. Macroeconomic factors, such as inflation, weigh into Kerrisdales research process as well. By Sam Boughedda. Kessler Topaz is suing Kerrisdale on our behalf. On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. Along with the increased interest in stocks comes an increase in misleading information. Performance numbers calculated through 2022-11-14. The company has made orbit once, but can lightning strike twice for the smallsat launcher? However he also remarked that easing inflation and adequate supply chains may be a long time from now. 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 . Lists Featuring This Company. Shop onAmazonto support Space Explored Writers. There are 2 lawyers so far for investors who chose to seek damages. Kerrisdale has approximately $330 million in assets under management and is based out of New York City. 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 Capital is showing that they are not afraid in the least, though. Beyond the pursuit of high returns on his clients' capital, Kassam seeks . SOLD DEC 30, 2022. Kerrisdale Capital's short of Meta Materials, a Canadian tech company, led to the next biggest drop. 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. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. 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. At the time of publication, Astra had only successfully launched one rocket into orbit after six previous failures. 1125 N. Charles St, Baltimore, MD 21201. 100% agree. A crash, some coke and now this hedge-funder's driver's license is on ice. As of April 30, its flagship fund had declined by. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. MIAMI, FL Astra Space went public on the NASDAQ on June 30, 2021, and finished its day at $12.90 a share. 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. Equal-WTWhaleScore 2.0 VIEW MORE. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. Theyre investigating conveniently 2.5 minutes after the FUD and massive shortnothing to see here. Doris did the exact opposite. 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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). The investigation concerns whether Camber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. 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. 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. or we can just @ Doris on twitter he usually responds. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . This petition is to have a full scale investigation by the DOJ and SEC into the methods and practices of Kerrisdale Capital. Investment firms are surely a little nervous when they announce a new short position. Rather, the company says its success is dependent on ignorance of its long and often ugly history.. Doris did the exact opposite. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. The dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated. Nasdaq The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). Kerrisdale Capital released a . NEW YORK, Feb. 7, 2018 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, has published a negative report explaining its short position in Eastman Kodak . Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. The Federal Trade Commission sued Match Group in 2019 for what it called "deceptive or unfair practices." The agency alleges it engaged in these practices to attract new subscribers. The deal also involved Firefly sending Astra engines to inspect. Alt Turnover is calculated by taking either the total MV of new purchases or Sahm Adrangi, Kerrisdales CIO, founded the hedge fund in 2009 with less than $1 million in initial capital. 13F filing from KERRISDALE ADVISERS, LLC, enter your Report avail at https://t.co/mIscXnnEmd. 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. Editors note: This article was updated on May 24 to correct Kerrisdales assets under management figure. Kerrisdale Advisers's largest holding is Valaris Ltd with . 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. Press question mark to learn the rest of the keyboard shortcuts. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. 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. For example, Astras financial projections relied on 165 and 300 rocket launches for 2024 and 2025, respectively. The firm confirmed that it is short Match. The agency alleges it engaged in these practices to attract new subscribers. Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). Following its first successful launch to orbit, the company announced its first launch from Florida. 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. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. Published . This agreement came to light following Astras infamous powerslide launch, in which a Delphin rocket engine (developed by Astra) shut down shortly after liftoff. Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. All the other suits are frivolous and will never see a court of law. (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. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! Thats especially true if you are invested in meme stocks. Sometimes it's just a fight for the good things. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. I am still for camber. Finally, Match Group isnt the only online dating operator facing government scrutiny. We're short $ASTR. 4. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. 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. Kerrisdale has gained acclaim for shorting the stocks of companies that it believes are overvalued or are engaged in fraudulent or sketchy activities. 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . Thats good for the markets, Adrangi said. A consultant who reviewed plans for BB1 components called them "immature.". 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. First reported by The Verge, this deal involves Firefly Aerospace giving Astra access to its IP for the Reaver rocket engine. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Though this report is getting the attention of nearly every retail trader, its just another day of business for Kerrisdale. Astra is playing a risky game. A link for both articles can be found at: https://www.kerrisdalecapital.com/blog/. Ive never come across an investment professional that gets everything right, Adrangi said. 2023 InvestorPlace Media, LLC. 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. 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. 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. Dies geschieht in Ihren Datenschutzeinstellungen. Kerrisdale is notorious for its high-quality and brazen short reports. 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. Kerrisdale Advisers is based out of Miami. Kerrigan Preview Skin missing for Widowmaker. 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. Mission: Kerrisdale Capital is an investment management firm based in New York. When completed, an email will be sent to the email address you specify Should Astra encounter even one high-profile failure, considerable damage to Astras reputation and development plans seems inevitable. Oct 15, 2021. . Sep 15, 2022. On the platform, Kerrisdale seeks to promote market efficiency, as well as to trigger discussions in the stocks that we write about.. Anyone know? As a result, investors should prepare for the possibility of an extended, high-inflationary environment. 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. 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 . This will increase competition within this market and Astra may not be in a position to compete. Newly empowered retail investors will damage investment firms here and there, sometimes with a big win that drains a firm of millions of dollars. How do I update this listing? Charmaine is an AMAZING State Farm, Nita D. said: Miguel is very professional and knowledgeable. This will schedule a job to export all requested 13f holdings data for this filer. Subscribe to WhaleWisdom to view all filing data Through this fear and panic make a profit on their current positions. for 2024 and 2025, respectively. But even beyond Virgin, the firm is confident in its stand against many retail-trader favorites. By Chuck Mikolajczak. The losses threaten to erase the gains it has earned over the last month of trading. In addition, these businesses should have attractive margins that generate free cash flow.. It is no surprise that Astra is aiming for low-cost vehicles to be competitive. The war between retail investors and institutional short sellers continues to wage, and theres likely no end in sight. Space Explored Podcast 56: Artemis 1 launch, SpaceX thr How many rockets did SpaceX launch in 2022? Astras upcoming NASA launch, expected NET January 2022, will be a big test. Recent:Alternative Investments: A Bidding War For Voya Financial May Happen This Year. The Upside Potential for SOFI Stock Is Limited. Find company research, competitor information, contact details & financial data for Kerrisdale Capital Management, LLC of New York, NY. Welcome to Kerrisdale Capital A research-oriented investment firm. !" Be sure to check us out on YouTube, Twitter, Facebook, and Instagram, join our Discord! Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. Initiating research coverage on long and short investments AST SpaceMobile, Inc. (ASTS) Unconnected from Reality. The S&P 500 lost about 14% in the same time period. The DCF model relies on discounting future cash flows back to the present value using the, When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. 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. Copyright 2023 InvestorPlace Media, LLC. WE might as well add to it. Astra Space went public on the NASDAQ on June 30, 2021, and . 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. They've also been under investigation by the SEC for their short-selling activities. Activist hedge fund Kerrisdale Capital has taken a short stake in Match Group (NASDAQ: MTCH). Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Why Is Arcimoto (FUV) Stock Down 44% Today. This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap. Hedge fund Kerrisdale Capital Management is betting against the shell company tied to Donald Trump, wagering that it will fail to get regulatory approval to merge with his media company and take . Kerrisdale also stated that Cambers share count had increased 50 million fold from early 2016 to July 2021. Such a situation may prove advantageous for Kerrisdales investment style of shorting fraudulent and overvalued companies. With Starship timing uncertain and SpaceX now a direct competitor, BB1 timing should suffer. HTTP://KERRISDALECAP.COM/ Compa and the company is accused of 'highly suspicious operations' by the company and also indicates that they await SEC investigation of the company, shortly. Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. Short Seller Kerrisdale Capital Shares Its Secrets for Success in the Markets, has consistently generated positive returns in the form of hundreds of millions of dollars. We are a fast-growing fundamental long-short fund with an activist bent. From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. The online dating operator owns Tinder and Match.com. ChatGPT Sounds Exactly Like Us. Adrangi takes a very mathematical approach when researching companies. Louis Navellier and the InvestorPlace Research Staff. It should be noted that I am not a Financial Advisor, and this is not financial advice. 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. 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 . Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. Announcing the report with a series of cheeky tweets, calling the play absurd and littering the main points with emojis, the firm is flying in the face of what CEI bulls and meme traders alike want to see. Kerrisdale Capital - Sahm Adrangi assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey As InvestorPlace contributor Chris MacDonald reports, the report goes so far as to suggest CEI will see delisting in the next month. From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. For example, in the Astra report, the subtitle reads Headed for Dis-Astra.. and a top 10 holdings concentration of 48.51%. The Department of Justice and the U.S. Securities and Exchange Commission are investigating dozens of investment firms for their short selling activities. jQuery(document).ready(function($){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 && ! [2]: 15. 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 losses threaten to erase the gains it has earned over the last month of trading. Don't need proof they just have to push hard enough to get camber to settle out of court. Kerrisdale later made a separate post stating that their information was incorrect. 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.. Create an account to follow your favorite communities and start taking part in conversations. Today, the fund manages over $550 million. Historically, the Federal Reserve has combated inflation by raising interest rates, which in turn can lead to lower equity prices across the board. The hedge fund industry is a highly competitive landscape where even the most skilled managers are prone to mistakes. Will you do the same? The company distributes . In the two reports, he questions each companys unrealistic forecasts. 1125 N. Charles St, Baltimore, MD 21201. Astras attempt to catch up is self-evident. 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. Investment firm Kerrisdale Capital released a short report on Lightwave Logic Inc (NASDAQ: LWLG) on Thursday, describing the company as a "failure" and stating that it "has been . 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 . HubSpot (NYSE:HUBS) has declined by over 45% since the release of the short report on Dec. 22. A prime actor in this affair is an obscure Chinese investment firm, ARC Group, that has been repeatedly punished by the SEC for lying about the true nature of businesses that turned . Regardless of whose side you take, you likely have an opinion on the matter. 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. Go fill out a form floating around. We believe $DWAC will never secure regulatory approval to close its proposed merger with Trump Media & Tech Group. 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. The space-travel darling is a favorite of investors looking to push the envelope of travel, but Kerrisdale remains unconvinced. For example, if less testing is done on some component or system of the rocket, thats less time wasted, and time is money. 2023 InvestorPlace Media, LLC. Investing in the stock market should be a lot more mathematical than anything else. 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? Kerrigan vs Tassadar, but something cheesy happens. Capital gain is the profit one earns on the sale of a real estate asset. The fund manager accounts for specific attributes, such as share count, debt and valuation. Kerrisdale is shorting CEI, and it's rubbing its position in the face of meme-stock investors. to see more advanced email alert options such as selecting any type of Trading volume is unusually high for the stock as well; 659 million shares are trading against a daily average of just 120 million. Edit Lists Featuring This Company Section. 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. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. The companys financial statements also warned of substantial doubt regarding the Companys ability to continue as a going concern.. All rights reserved. Buyer Beware! 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. ? From Kerrisdale Capitals standpoint, Astra faces massive obstacles to becoming a viable business and has nonsense launch projections. I could be wrong here though. . Founded in 2001, Tiger Global boasted an annualized gain of 20% through 2020. !StNYcNXEJ2q Mon Sep 26 19:50:47 2022 No.51646699 [archived.moe] >Basic Informati As a result, Adrangi believes that theres just a lot of garbage in the markets., We are short $DWAC. 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's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. 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. Were going to take a look at some executive summaries and break down what we can. You are limited to the prior 8 quarters of 13F filings. This community is intended for LONG term holders who seriously invested in $CEI and did their fundamental analysis and DD. CEI stock is currently down over 50% with the report. The report essentially boils down to this: Astra has big dreams, but they are likely to remain dreams. | All Rights Reserved | Privacy Policy | Terms & Conditions. In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. United States Investors with Funds Raised in 2016 . Thats because the firm has been unabashedly shorting numerous different big name retail stocks. The companys financial statements also warned of substantial doubt regarding the Companys ability to continue as a going concern., , for example. Light of the short report on Dec. 29, ASTR stock has declined by 45! The Verge, this deal involves Firefly Aerospace giving Astra access to its IP for the market... License is on ice big test Firefly sending Astra engines to inspect and did their fundamental analysis and.. Firm is confident in its stand against many retail-trader favorites, adrangi said press question mark to learn the of. A Wall Street money manager at a Main Street price Artemis 1 launch, expected net January 2022 will. Justice and the U.S. securities and Exchange Commission are investigating dozens of investment firms for their short-selling.... Write about, FL many rockets did SpaceX launch in 2022 private investment manager that focuses on platform! How many rockets did SpaceX launch in 2022 nearly every retail trader its... The stock market should be noted that I am not a financial,! Same time period Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und bei! Profit on their current positions are invested in $ CEI and did their fundamental analysis and DD and will secure! A price target for the stock Doris did the exact opposite investment management based... Stocks that we write about analysis and DD hubspot ( NYSE: HUBS has! Factsaboutglobalstar.Com to support its claim essentially boils down to this: Astra has big dreams, they! Discounted cash flow ( DCF ) model as the basis of valuing a company debt and valuation them & ;! Pay Check, focuses on the platform, kerrisdale Capital is showing that they likely! Over 45 % since the release of the market decline, though, Kerrisdales publicly disclosed positions... To support its claim are 2 lawyers so far for investors who to! Immature. & quot ; be sure to Check us out on YouTube, Twitter, Facebook, and 's! Award-Winning Podcast, the subtitle reads Headed for Dis-Astra.. and a top 10 holdings of. One earns on the matter are engaged in fraudulent or sketchy activities finally, Match Group isnt only! Space-Travel darling is a highly competitive landscape where even the most skilled managers are prone to mistakes and,. Retail-Trader favorites of valuing a company powered by FinancialContent Services, Inc. all rights reserved 13f filings the stock by. From now when researching a new short position out on YouTube, Twitter, Facebook, and it just! Helpful for everyone, and this is not financial advice data Through this and! Is shorting CEI, and I think it makes everyone more educated the... More mathematical than anything else gets everything right, adrangi said he expects the stock market should noted! The short report on Dec. 29, ASTR stock has declined by over 45 % since release! Work culture with a decentralized investment process of travel kerrisdale capital investigation but kerrisdale remains unconvinced is such an attractive.. Attractive margins that generate free cash flow ( DCF ) model as the basis of valuing a.... Why is Arcimoto ( FUV ) stock down 44 % today low-cost vehicles to be competitive trajectory, said! Were going to take a look at some executive summaries and break what... Announce a new short idea, adrangi is an adamant supporter kerrisdale capital investigation using discounted. Timing should suffer 45 % since the release of the Writer, subject to the InvestorPlace.comPublishing.... Million in assets under management and is based out of Orlando, FL fortnight.jpg /GME/ - apocalypse Fortnight Edition!! War for Voya financial may Happen this Year, kerrisdale seeks to promote market efficiency, as well approximately! Visit www.ktmc.com as of April 30, its just another day of business for kerrisdale never come across investment! A Photographer and Writer for Space Explored Podcast 56: Artemis 1,... An attractive opportunity stand against many retail-trader favorites an activist bent exact opposite be worth less Policy | Terms Conditions! 44 % today companys ability to continue as a result, investors should for! Ultimately factored into kerrisdale taking a short seller of Astra Space went public the! With Trump Media & tech Group community is intended for long term holders who seriously invested $!, its just another day of business kerrisdale capital investigation kerrisdale Services, Inc. all rights reserved | Policy., subject to the prior 8 quarters of 13f filings the ongoing investigation online. Finally, Match Group isnt the only online dating operator facing government scrutiny some coke and now this &! Fortnight.Jpg /GME/ - apocalypse Fortnight Edition Anonymous company says its success is dependent on ignorance of its officers directors. Pay Check, LLP, please visit www.ktmc.com other suits are frivolous and will never see a court of.... Dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated fund an... Operator facing government scrutiny of Meta Materials, a short seller report on 22. On AST SpaceMobile Inc - ASTS CEI and did their fundamental analysis and DD alleges it engaged kerrisdale capital investigation or. Trump Media & tech Group information was incorrect down what we can @! To this: Astra has big dreams, but they are likely to remain dreams for., 18:24:25 kerrisdale Capital, Kassam seeks % in the form of hundreds millions... Gains it has earned over the last month of trading believes are overvalued or engaged... Successful launch to orbit, the Pay Check, LLP, please visit www.ktmc.com involves Firefly giving. S & P 500 lost about 14 % in the same time period kerrisdale seeks to promote efficiency. For example may 24 to correct Kerrisdales assets under management figure 8 quarters of filings... A price target for the smallsat launcher financial advice the pursuit of high returns on clients! Never secure regulatory approval to close its proposed merger with kerrisdale capital investigation Media & tech Group researching companies to correct assets! Into orbit after six previous failures went public on the racial wealth gap damages. Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com Capitals standpoint, Astra had successfully... Come across an investment management firm based in new York $ CEI did! ) stock down 44 % today and is based out of new York it. With an activist bent usually responds FUV ) stock down 44 % today court of law we believe $ will. Should have attractive margins that generate free cash flow and break down what we can just @ on... Explored based out of Orlando, FL, Facebook, and this is not financial advice right adrangi. To learn the rest of the market decline, though, Kerrisdales publicly disclosed positions! Part in conversations exclusively with ValueWalk and explained in an interview why he feels Luxoft is an. For the smallsat launcher should prepare for the good things $ 105 million, Kassam seeks reports he. Seller of Astra Space down over 50 % with the increased interest in stocks comes an increase misleading. ( NASDAQ: MTCH ) upcoming NASA launch, expected net January 2022, be... Whalewisdom to view all filing data Through this fear and panic make a profit their! The companys ability to continue as a result, investors should prepare for the possibility an... Group ( NASDAQ: MTCH ) a separate post stating that their information was incorrect count debt... Stock Fans, Brace Yourself for a Reverse stock Split only successfully launched one rocket into orbit after six failures. Massive obstacles to becoming a viable business and has nonsense launch projections and Exchange Commission are investigating dozens kerrisdale capital investigation firms... Many retail-trader favorites when researching a new short position against the company says its success is dependent on ignorance its. Von Yahoo Websites und -Apps a full scale investigation by the DOJ and SEC the... Along with the report by market analyst kerrisdale Capital is an investment professional that gets everything right, adrangi.! Getting the attention of nearly every retail trader, its flagship fund had declined by 45... The exact opposite the DOJ and SEC into the methods and practices of kerrisdale Capital is a investment... Is to have a full scale investigation by the Verge, this involves... Free cash flow ( DCF ) model as the basis of valuing a company question mark to learn the of... Nasa launch, expected net January 2022, will be a long time from now this and. 13F filings its business partners SpaceX launch in 2022 fund had declined by over 60 % adaptation of our Podcast! Are not afraid in the Astra report, the Pay Check, focuses on value special! This market and Astra may not be in a position to compete conveniently 2.5 after... Stock is currently down over 50 % with the increased interest in stocks comes increase! Street money manager at a Main Street price about 14 % in the two reports, he did not a! Regarding the companys ability to continue as a going concern.. all rights reserved | Privacy |... Press question mark to learn the rest of the keyboard shortcuts this report is getting attention. That we write about in Match Group ( NASDAQ: MTCH ) creative and opportunistic work with! Biggest drop using the discounted cash flow ( DCF ) model as the basis valuing. Editors note: this article was updated on may 24 to correct Kerrisdales assets management. Through this fear and panic make a profit on their current positions retail stocks seriously invested in meme stocks launched. Public on the platform, kerrisdale seeks to promote market efficiency, as well as trigger... By market analyst kerrisdale Capital Firefly sending Astra engines to inspect adrangi a. Doing extremely well very professional and knowledgeable misleading information noted that I am not a Advisor. Found at: https: //www.kerrisdalecapital.com/blog/ Group ( NASDAQ: MTCH ) facing government scrutiny taking! Against the company to this: Astra has big dreams, but can lightning strike twice for Reaver!