Should we create an account named "Anti-Kerrisdale Capital" on all the platforms to help people get together and fight against the stupidest . 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 Equal-WTWhaleScore 2.0 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. There are 2 lawyers so far for investors who chose to seek damages. Investing in the stock market should be a lot more mathematical than anything else. All rights reserved. However, with the financial firepower of these firms, theres plenty of short calls still to be placed, and they are hoping to simply test the endurance of coordinated short squeezers. MIAMI, FL Charmaine is an AMAZING State Farm, Nita D. said: Miguel is very professional and knowledgeable. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. (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. CEI stock is currently down over 50% with the report. By the end of 2012, it earned recognition as one of the best-performing hedge funds. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Along the way to impressive returns, Kerrisdale managed to grow a noteworthy social media following as well. 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. 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. 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. SEC form, multiple filers or classes of filers, and much more.***. Being there is a HUGE investigation going on right now. Subscribe to WhaleWisdom to view all filing data Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Help others find us by following on Apple News and Google News. Copyright For yrs, CEO Doris ran Viking with an allegedly fake CFO. Following its first successful launch to orbit, the company announced its first launch from Florida. Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. Sahm Adrangi, Kerrisdales CIO, founded the hedge fund in 2009 with less than, By the end of 2012, it earned recognition as one of the. And if not ambulance chasers it is possible that lawyers were hired to cause a stir. Kerrisdale is notorious for its high-quality and brazen short reports. All the other suits are frivolous and will never see a court of law. At the time of publication, Astra had only successfully launched one rocket into orbit after six previous failures. Sahm Adrangi is no stranger to being transparent on social media; he joined Twitter in 2012 and before that, he was posting anonymously on . ? All text and design is copyright 2020 WhaleWisdom.com. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. 2022. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. Nasdaq As a result, investors should prepare for the possibility of an extended, high-inflationary environment. he's very engaging on twitter. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. 1125 N. Charles St, Baltimore, MD 21201. 1125 N. Charles St, Baltimore, MD 21201. When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. Go fill out a form floating around. Sie knnen Ihre Einstellungen jederzeit ndern. 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 . Create Email Alert, ***Log In or Melvin Capital Management, Sophos Capital Management, Orso Partners, Kerrisdale Capital Management, and even Hindenburg Research all appear to be under some form of investigation. The Department of Justice and the U.S. Securities and Exchange Commission are investigating dozens of investment firms for their short selling activities. 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). }} } );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. 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. If it's kerrsdale great! 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). Its last short position came early in the summer, when it announced it was shortingVirgin Galactic (NYSE:SPCE). We're short $ASTR. Kerrisdales report is making big waves in the meme-stock investing sphere. Washington D.C., Feb. 4, 2021 . Sep 15, 2022. Welcome to Kerrisdale Capital A research-oriented investment firm. This isn't the first time they have used this tactic. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. We will see what becomes of this investigation and whether Astra Space will have to pay out investor losses. It results in capital gain . 2,211 Sq. The fund manager accounts for specific attributes, such as share count, debt and valuation. Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. PRTY Stock Surges 10% as Party City Files for Bankruptcy. 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. Lists Featuring This Company. I am confused. 1125 N. Charles St, Baltimore, MD 21201. ? Find company research, competitor information, contact details & financial data for Kerrisdale Capital Management, LLC of New York, NY. DWAC has admitted it is under SEC investigation for statements made in its S-1, as well as the timing and circumstances surrounding its proposed merger with TMTG. Company updates, market commentary, case studies and other topics we consider worth . A crash, some coke and now this hedge-funder's driver's license is on ice. SUBSCRIBE Recent Posts. Sahm Adrangi - Founder & CIO of Kerrisdale Capital. Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. This site is protected by reCAPTCHA and the Google. The investigation concerns whether Camber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. 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. Donald Trump tosses out MAGA hats at a rally in Ohio, in June 2021. Kerrisdale also stated that Cambers share count had increased 50 million fold from early 2016 to July 2021. Kerrisdale later made a separate post stating that their information was incorrect. We are short $CEI. Astra also has plans to build its own satellite constellation in the future. articles a month for anyone to read, even non-subscribers! Feb 07, 2018, 09:30 ET. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. The hedge fund industry is a highly competitive landscape where even the most skilled managers are prone to mistakes. Kerrisdale made its name in 2011 pointing out that a rash of Chinese companies being listed in the US to take . 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. Rather, the company says its success is dependent on ignorance of its long and often ugly history.. The Upside Potential for SOFI Stock Is Limited. Investments. 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. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . We are a fast-growing fundamental long-short fund with an activist bent. 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, Kerrisdales CIO, founded the hedge fund in 2009 with less than $1 million in initial capital. and a top 10 holdings concentration of 48.51%. | All Rights Reserved | Privacy Policy | Terms & Conditions. 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 . Along with the increased interest in stocks comes an increase in misleading information. Mission: Kerrisdale Capital is an investment management firm based in New York. Kerrisdales recent success proves that in times of difficulty in the markets, its best to focus on the long term. Investment firms are surely a little nervous when they announce a new short position. 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 . 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 . 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. 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. For example, Astras financial projections relied on 165 and 300 rocket launches for 2024 and 2025, respectively. and the company is accused of 'highly suspicious operations' by the company and also indicates that they await SEC investigation of the company, shortly. 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. Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. quotes delayed at least 15 minutes, all others at least 20 minutes. Kerrisdale Capital's short of Meta Materials, a Canadian tech company, led to the next biggest drop. Everything was taken. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? Revenue: $1 to $5 million (USD) Competitors: Unknown. Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. Astra's stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. OriginalWhaleScore For short-squeeze traders, these waves are not fun ones. Activist hedge fund Kerrisdale Capital has taken a short stake in Match Group (NASDAQ: MTCH). WE might as well add to it. 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. 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 . NEW YORK, Feb. 7, 2018 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, has published a negative report explaining its short position in Eastman Kodak . Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. 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. The company has made orbit once, but can lightning strike twice for the smallsat launcher? First reported by The Verge, this deal involves Firefly Aerospace giving Astra access to its IP for the Reaver rocket engine. Astras attempt to catch up is self-evident. Astra is falling behind its competitors. 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. Buyer Beware! Today, the fund manages over $550 million. 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. This agreement came to light following Astras infamous powerslide launch, in which a Delphin rocket engine (developed by Astra) shut down shortly after liftoff. Shop onAmazonto support Space Explored Writers. Presenting this to a mass audience to further effect their position in the stock to their favor. Kerrisdale is active on its Twitter account, which boasts over 69,000 followers. Higher interest rates also lower the value of future cash flows when discounted back to the present. 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. But what plays beside CEI stock are these firms shorting? To sign up for our monthly email list, please complete the registration form at . Kerrisdale Advisers has met the qualifications for inclusion in our WhaleScore system. The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). Kerrisdale Advisers's largest holding is Valaris Ltd with . 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). Louis Navellier and the InvestorPlace Research Staff. Beyond the pursuit of high returns on his clients' capital, Kassam seeks . This will schedule a job to export all requested 13f holdings data for this filer. Adrangi first broke into the mainstream investing world in 2010 when he successfully shorted several fraudulent Chinese companies. 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 . 100% agree. 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, . 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