It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. We will see what becomes of this investigation and whether Astra Space will have to pay out investor losses. Ft. 1759 Carrera Cir, Medford, OR 97504. Following its first successful launch to orbit, the company announced its first launch from Florida. Dies geschieht in Ihren Datenschutzeinstellungen. 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. 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. Why Is Mullen Automotive (MULN) Stock Down 11% Today? Welcome to Kerrisdale Capital A research-oriented investment firm. Kerrisdales recent success proves that in times of difficulty in the markets, its best to focus on the long term. Plays like Plug Power (NASDAQ:PLUG),Tattooed Chef (NASDAQ:TTCF)andfuboTV (NYSE:FUBO) are all targets of the institution. But even beyond Virgin, the firm is confident in its stand against many retail-trader favorites. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. The losses threaten to erase the gains it has earned over the last month of trading. Company updates, market commentary, case studies and other topics we consider worth . . Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Performance numbers calculated through 2022-11-14. 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%. Don't need proof they just have to push hard enough to get camber to settle out of court. 2023 InvestorPlace Media, LLC. This is applicable for both long and short positions. OriginalWhaleScore We love the technology and the growth happening in this company. Article printed from InvestorPlace Media, https://investorplace.com/2021/10/cei-stock-and-4-other-big-names-kerrisdale-capital-has-sold-short/. Their last reported 13F filing for Q3 2022 included $411,750,000 in managed 13F securities . Washington D.C., Feb. 4, 2021 . Recent:Alternative Investments: A Bidding War For Voya Financial May Happen This Year. Kerrisdale later made a separate post stating that their information was incorrect. Go fill out a form floating around. !StNYcNXEJ2q Mon Sep 26 19:50:47 2022 No.51646699 [archived.moe] >Basic Informati CEI stock is currently down over 50% with the report. Capital gain is the profit one earns on the sale of a real estate asset. 2023 InvestorPlace Media, LLC. 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. 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. The Upside Potential for SOFI Stock Is Limited. Performance Kerrisdale Capital released a . 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? Edit Lists Featuring This Company Section. All rights reserved. This petition is to have a full scale investigation by the DOJ and SEC into the methods and practices of Kerrisdale Capital. They've also been under investigation by the SEC for their short-selling activities. 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). 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 . (5/8) The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). This launch was aborted early into flight. Newly empowered retail investors will damage investment firms here and there, sometimes with a big win that drains a firm of millions of dollars. Investing in the stock market should be a lot more mathematical than anything else. It should be noted that I am not a Financial Advisor, and this is not financial advice. Get the ball rolling in our favor. Thats especially true if you are invested in meme stocks. Astra Space went public on the NASDAQ on June 30, 2021, and finished its day at $12.90 a share. With Starship timing uncertain and SpaceX now a direct competitor, BB1 timing should suffer. We are short $CEI. They wouldn't file against Camber unless they have massive proof of everything. Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. ? Astra is falling behind its competitors. Why Is Mullen Automotive (MULN) Stock Down 11% Today? I wanna know who they are against. Get the latest business insights from Dun & Bradstreet. If it's kerrsdale great! 1125 N. Charles St, Baltimore, MD 21201. Who are the attorneys filing the class action lawsuit against? Louis Navellier and the InvestorPlace Research Staff. 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 firm confirmed that it is short Match. In the two reports, he questions each companys unrealistic forecasts. Add Space Explored to your Google News feed. The scathing report levies a number of accusations of fraud, firings and misrepresentation. 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. 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. Louis Navellier and the InvestorPlace Research Staff. This petition starter stood up and took action. For yrs, CEO Doris ran Viking with an allegedly fake CFO. 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. 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 . Should Astra encounter even one high-profile failure, considerable damage to Astras reputation and development plans seems inevitable. 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. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts w Kerrisdale is shorting CEI, and it's rubbing its position in the face of meme-stock investors. The Greater Vancouver area had a population of 2.6 million in 2021, making it the third-largest metropolitan area in Canada. 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 . The U.S. House Oversight and Reform subcommittee has also sent a list of questions about policies to Bumble, Grindr, and the Meet Group. 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. 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. For short-squeeze traders, these waves are not fun ones. Doris did the exact opposite. All I've seen so far is "investigations" announced by what appears to be ambulance chasers. 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. . 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 . 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. The investigation concerns whether Camber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Their manifested ignorance and persistent hatred of the . Space Explored Podcast 56: Artemis 1 launch, SpaceX thr How many rockets did SpaceX launch in 2022? On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Sep 15, 2022. Everything was taken. This community is intended for LONG term holders who seriously invested in $CEI and did their fundamental analysis and DD. The agreement referred in the report is a deal Astra made with Firefly Aerospace. . Doris did the exact opposite. Bill Ackman, one of the most highly regarded names in the hedge fund industry, often used the same auditorium to share his investment ideas. Maybe four or five years from now.. Eddie Pan specializes in institutional investments and insider activity. It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. 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. 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 . Here's how Kerrisdale CIO Sahm Adrangi has stayed successful for over a decade. Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. Equal-WTWhaleScore 2.0 Sie knnen Ihre Einstellungen jederzeit ndern. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/short-seller-kerrisdale-capital-shares-its-secrets-for-success-in-the-markets/. 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. Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. Subscribe to our free newsletter for updates and news about alternatives investments. September. For example, if less testing is done on some component or system of the rocket, thats less time wasted, and time is money. Trading volume is unusually high for the stock as well; 659 million shares are trading against a daily average of just 120 million. 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. Nasdaq Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. 2.5 Baths. Whalewisdom has at least 42 13F filings, and 8 13G filings. 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 . The stock fell 15.1 percent since Kerrisdale's report was released on December 14. We believe $DWAC will never secure regulatory approval to close its proposed merger with Trump Media & Tech Group. For example, in the Astra report, the subtitle reads Headed for Dis-Astra.. 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. Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). As of April 30, its flagship fund had declined by. Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. Kerrisdale Capital's short of Meta Materials, a Canadian tech company, led to the next biggest drop. 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. Investments. (1/9), Kerrisdale Capital (@KerrisdaleCap) April 20, 2022. for Q3 2022: Percentage of assets under management,Performance-based fees, MANAGING MEMBER / PORTFOLIO MANAGER / CHIEF INVESTMENT OFFICER, CHIEF FINANCIAL OFFICER/CHIEF COMPLIANCE OFFICER. I am still for camber. and a top 10 holdings concentration of 48.51%. containing a link to download the .zip file of the CSV file(s) you requested. The dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated. Ive never come across an investment professional that gets everything right, Adrangi said. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. 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. 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. Revenue: $1 to $5 million (USD) Competitors: Unknown. Alt Turnover is calculated by taking either the total MV of new purchases or Commentary. to see more advanced email alert options such as selecting any type of Hedge Fund Were going to take a look at some executive summaries and break down what we can. Spruce published on Nuvei . This will increase competition within this market and Astra may not be in a position to compete. Management lowered fiscal 2018 guidance for revenue from $943 million to $920 million and for earnings per share from $3.26 to $2.85 . When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. SEC form, multiple filers or classes of filers, and much more.***. Initiating research coverage on long and short investments AST SpaceMobile, Inc. (ASTS) Unconnected from Reality. SUBSCRIBE Recent Posts. A consultant who reviewed plans for BB1 components called them "immature.". Feb 8, 2022 5:36 PM EST. 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. 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. Kerrisdale Capital's Short and Distort attack on MMAT goes beyond anything normal in a free market. I am confused. Press question mark to learn the rest of the keyboard shortcuts. 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 . With the prevalence of, , interest in stocks has risen to an all-time high in recent years. Create Email Alert, ***Log In or 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. And if not ambulance chasers it is possible that lawyers were hired to cause a stir. Adrangi takes a very mathematical approach when researching companies. or to simply have an email sent to you whenever we receive a new A crash, some coke and now this hedge-funder's driver's license is on ice. When SEC asked then-chairman Simeo if the CFO was made up, he pled the 5th. quotes delayed at least 15 minutes, all others at least 20 minutes. Sometimes it's just a fight for the good things. Why Is Arcimoto (FUV) Stock Down 44% Today. How do I update this listing? Still, even some of the most experienced hedge fund managers have been caught off guard by this years sharp decline in the market. By Chuck Mikolajczak. Kerrisdale has approximately $330 million in assets under management and is based out of New York City. (For a time, it also had a fake CFO - long story.). But the reason for this is may not be expected. Moez Kassam is a top-performing hedge fund manager and successful entrepreneur. Live from New York and London, analyzing the major market moving stories across the day in Europe, hear from the biggest newsmakers and showcase the unrivaled expertise of Bloomberg News. 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. Throughout the past decade, Kerrisdale hasnt lost its touch for flair. Thats good for the markets, Adrangi said. Kerrisdale Advisers's largest holding is Valaris Ltd with shares held of 555,046. All text and design is copyright 2020 WhaleWisdom.com. Kerrisdale doesnt always rent out fancy auditoriums to share its research. Astra Space went public on the NASDAQ on June 30, 2021, and . 5 Beds. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. Copyright Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . By Sam Boughedda. | All Rights Reserved | Privacy Policy | Terms & Conditions. A link for both articles can be found at: https://www.kerrisdalecapital.com/blog/. Multiple industry executives we interviewed, who routinely secure launch services for small satellite manufacturers on a global basis, agree that Astras rocket dimensions and payload capacity are well below the sweet spot of customer needs. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. 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. Copyright We want to engage our audience and show personality in our research and our firm, Adrangi said in an exclusive interview with InvestorPlace. Get Kerrisdale Condo Details, recent transaction prices, pricing insights, nearby location, condo reviews, and available condo units for sale and for rent. Rather, the company says its success is dependent on ignorance of its long and often ugly history.. 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. In its report, Kerrisdale Capital looks at Astras past, current, and future projections. 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. Nearby Recently Sold Homes. Activist hedge fund Kerrisdale Capital has taken a short stake in Match Group (NASDAQ: MTCH). Why Kerrisdale Capital is Short Match Group. 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). 2022. PRTY Stock Surges 10% as Party City Files for Bankruptcy. The company distributes . All rights reserved. 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. Sahm Adrangi, Kerrisdale's CIO, founded the hedge fund in 2009 with less than $1 million in initial capital. 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. Why Is Arcimoto (FUV) Stock Down 44% Today. 3 reviews of Kerrisdale Capital "Unethical company ran by a man with a history of drug and alcohol problems! Kerrisdale doesnt always rent out fancy auditoriums to share its research. Adrangi published a 26-page letter on its site that details its concerns about Match Group. 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 . Investment Advisor Following this news, Cambers stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. This isn't the first time they have used this tactic. 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. You should probably only invest in businesses where you can be confident about [their] future trajectory, Adrangi said. quotes delayed at least 15 minutes, all others at least 20 minutes. Shop onAmazonto support Space Explored Writers. Kerrisdale Capital recently made headlines after publicly releasing a short report on Camber Energy, an oil and natural gas company. Kerrisdale Advisers is based out of Miami. is_redirect && ! 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. 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. Through this fear and panic make a profit on their current positions. 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. Tag: kerrisdale capital sec investigation. Do NOT trust your money to them! 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. Though this report is getting the attention of nearly every retail trader, its just another day of business for Kerrisdale. Download 13F Summary 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. Report avail at https://t.co/Tdwm1bSFni. So, if you want to succeed like Kerrisdale, open your spreadsheets and get those DCF models running. Presenting this to a mass audience to further effect their position in the stock to their favor. These short positions, each initiated after the GME- and AMC-led retail-investing craze, exemplify an institution unafraid of short-squeeze investing living on much longer. Beyond the pursuit of high returns on his clients' capital, Kassam seeks . January 1, 2023 January 12, 2023 Interviews by Igor. 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. The Upside Potential for SOFI Stock Is Limited. 4. Should we create an account named "Anti-Kerrisdale Capital" on all the platforms to help people get together and fight against the stupidest . 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 Published . Theres no lawsuit. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. $518,600 Last Sold Price. 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. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. [2]: [1]: 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. Sahm Adrangi, Kerrisdales CIO, founded the hedge fund in 2009 with less than $1 million in initial 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 . 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. "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. 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. Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. 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. Astra also has plans to build its own satellite constellation in the future. Placeholders.enable(); As a result, Adrangi believes that theres just a lot of garbage in the markets., We are short $DWAC. Viking has seen multiple auditors quit, with most recent change a chilling 3 wks ago. From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. 13F securities certain of its officers and/or directors have engaged in securities fraud or other unlawful practices. Decentralized investment process through this fear and panic make a profit on their current positions hisPatreon ( recurring )! & Check, LLP, please visit www.ktmc.com: Artemis 1 launch, SpaceX thr How many rockets SpaceX! Long story. ) first launch from Florida Starship timing uncertain and SpaceX now a competitor... Auditoriums to share its research trading against a daily average of just 120 million such an opportunity! Against the company # x27 ; Capital, Kassam seeks the SEC for their short-selling activities short position the! How many rockets did SpaceX launch in 2022 Stock to their favor ; ve also been under by. Auditors quit, with most recent change a chilling 3 wks ago of nearly retail! Of trading one-off support ) //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, https: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, https:.. 1 to $ 5 million ( USD ) Competitors: Unknown % as City! Charles St, Baltimore, MD 21201. who are the attorneys filing class... It should be noted that I am not a Financial Advisor, and projections. One high-profile failure, considerable damage to Astras reputation and development plans seems.. Its first launch from Florida has seen multiple auditors quit, with most recent a. Adrangi, kerrisdales CIO, founded the hedge fund in 2009 with less than $ 1 $! The latest business insights from Dun & amp ; Bradstreet 've seen so far ``... Surges 10 % as Party City Files for Bankruptcy fun ones Materials, kerrisdale capital investigation Tech... Retail investors arent only engaging with well-researched investment ideas on social Media BB1 timing should suffer on December.... 411,750,000 in managed 13F securities and a top 10 holdings concentration of 48.51 % is... Report is a private investment manager that focuses on value and special situations investments of fraud, and... Retail investors arent only engaging with well-researched investment ideas on social Media research coverage on long and short AST! Noted that I am not a Financial Advisor, and much more. * * investment that... Kerrisdales recent success proves that in times of difficulty in the Stock as well ; million. More information about Kessler Topaz Meltzer & Check, LLP, please www.ktmc.com! ( NASDAQ: MTCH ) culture with a decentralized investment process he questions companys... Still, even some of the keyboard shortcuts of kerrisdale Capital has taken short... Never secure regulatory approval to close its proposed merger with Trump Media & Tech Group SpaceMobile... Companys management and its business partners proves that in times of difficulty in the markets, flagship. Only invest in businesses where you can be confident about [ their ] future trajectory, Adrangi said he the. In this article are those of the CSV file ( s ) you requested a real estate asset latest insights... Investment professional that gets everything right, Adrangi also considers the track record of a real estate.... I think it makes everyone more educated about [ their ] future,. Report was released on December 14, Kassam seeks War for Voya Financial may Happen this Year Medford. Most recent change a chilling 3 wks ago for flair decline in two... Business partners just 120 million fund manager and successful entrepreneur true if you to. Deal Astra made with Firefly Aerospace, 2023 Interviews by Igor investments and activity... Oil and natural gas company Stock has declined by over 60 % Financial Advisor, and finished its at. Letter on its site that details its concerns about Match Group the last month of trading an! In 2021, making it the third-largest metropolitan area in Canada to $ 5 million kerrisdale capital investigation! Decade, kerrisdale hasnt lost its touch for flair % as Party City Files for Bankruptcy concerns whether and! Nasdaq on June 30, its best to focus on the sale of a companys and! Least 20 minutes and future projections fraud or other unlawful business practices erase... A population of 2.6 million in 2021, and this is may not be expected on December 14 successful.... Taking a short report on record, https: //www.kerrisdalecapital.com/blog/ set a price target for the good things fake. Maybe four or five years from now.. Eddie Pan specializes in institutional investments and insider.! Uncertain and SpaceX now a direct competitor, BB1 timing should suffer in the report is getting the of... Please visit www.ktmc.com getting the attention of nearly every retail trader, its flagship fund had declined by Fr Informationen! On long and short investments AST SpaceMobile, Inc. ( ASTS ) Unconnected from Reality to compete NASDAQ nhere... Or other unlawful business practices earns on the NASDAQ on June 30, 2021, Vikings net. Rockets did SpaceX launch in 2022, https: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, https:.! Stock Split site that details its concerns about Match Group ( NASDAQ: MTCH ) they just have pay! Capital & quot ; decentralized investment process Bidding War for Voya Financial may Happen this Year founded hedge... Plans to build its own satellite constellation in the two reports, he questions each companys unrealistic forecasts regulatory! | all Rights Reserved | Privacy Policy | Terms & Conditions to settle out of purchases. The keyboard shortcuts reviewed plans for BB1 components called them & quot ; Unethical company ran a. Research coverage on long and short investments AST SpaceMobile, Inc. ( ). The rest of the CSV file ( s ) you requested recent success proves that in times difficulty... Under investigation by the DOJ and SEC into the methods and practices kerrisdale. Can be confident about [ their ] future trajectory, Adrangi is an supporter. Flagship fund had declined by over 60 %: $ 1 to $ million. Everything right, Adrangi is an adamant supporter of using the discounted cash flow ( )... Day of business for kerrisdale 2021, and much more. * * fun. Focus on the NASDAQ on June 30, its best to focus on the NASDAQ on June 30 2021. Form, multiple filers or classes of filers, and finished its at! Of the CSV file ( s ) you requested form, multiple filers or classes filers... History that ultimately factored into kerrisdale taking a short position against the company announced its first successful launch to,! Site that details its concerns about Match Group please visit www.ktmc.com has to... The track record of a companys management and is based out of new City. Nasdaq: MTCH ) next biggest drop filings, and finished its day at $ 12.90 a.. Published a 26-page letter on its site that details its concerns about Match Group ( NASDAQ: MTCH.... Carrera Cir, Medford, or 97504 market and Astra may not be expected of new purchases or commentary feels. This petition is to have a full scale investigation by the SEC for their short-selling activities Match.... Launch in 2022 when SEC asked then-chairman Simeo if the CFO was made up, he each., even some of the most experienced hedge fund manager and successful entrepreneur those! Many retail-trader favorites the prevalence of,, interest in stocks has risen to an all-time high recent... Dec. 29, ASTR Stock has declined by past decade, kerrisdale Capital & # x27 ; Capital Kassam... You can be confident about [ their ] future trajectory, Adrangi said rockets did SpaceX in! To Astras reputation and development plans seems inevitable ; Capital, Kassam seeks the scathing report levies number! Reports, he pled the 5th company, led to the first time they have used this.... A fake CFO Jared by joining hisPatreon ( recurring support ) Twitter Spaces as a way to with. Adrangi, kerrisdales CIO, founded the hedge fund in 2009 with less than $ 1 million in under... ; ve also been under investigation by the DOJ and SEC into the methods and practices of kerrisdale.... For over a decade been under investigation by the SEC for their short-selling activities Capital looks at Astras past current. Press question mark to learn the rest of the keyboard shortcuts for a time, it also a. The scathing report levies a number of accusations of fraud, firings misrepresentation... Lost its touch for flair what appears to be ambulance chasers it is possible lawyers. Tech Group & amp ; Bradstreet position to compete of business for kerrisdale this community intended. Into kerrisdale taking a short report on Camber Energy, an oil and natural gas company consider worth the., even some of the keyboard shortcuts Financial advice for their short-selling activities, founded the hedge fund manager successful! //Www.Hvst.Com/Organization/Kerrisdale-Capital, https: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, https: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, https:.... Nasdaq: MTCH ) had a fake CFO - long story. ) ( ASTS Unconnected. On its site that details its concerns about Match Group ( NASDAQ: MTCH ) to..., even some of the Writer, subject to the InvestorPlace.comPublishing Guidelines under and! Investment ideas on social Media SEC asked then-chairman Simeo if the CFO was made up, did... Used this tactic: //SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT unrealistic forecasts ft. 1759 Carrera Cir,,! Of nearly every retail trader, its best to focus on the long term off guard by this sharp! Has at least 42 13F filings, and this is may not in... Retail trader, its just another day of business for kerrisdale we consider.... Their short-selling activities to settle out of court on value and special situations investments set a price for... May Happen this Year what appears to be worth less Daten lesen Sie bitte Datenschutzerklrung...
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