Louis Navellier and the InvestorPlace Research Staff. and a top 10 holdings concentration of 48.51%. The report essentially boils down to this: Astra has big dreams, but they are likely to remain dreams. Kerrisdale Capital is a private investment manager that focuses on value and special situations investments. Kerrisdale is active on its Twitter account, which boasts over 69,000 followers. 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%. To sign up for our monthly email list, please complete the registration form at . 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. quotes delayed at least 15 minutes, all others at least 20 minutes. They've also been under investigation by the SEC for their short-selling activities. It needs to ramp production and prove reliability of a cheaply built rocket while maintaining access to public markets to fund cash burn. The Federal Trade Commission sued Match Group in 2019 for what it called deceptive or unfair practices.. How Is That a Good Thing? !" 2023 InvestorPlace Media, LLC. In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. Kerrisdale Advisers is based out of Miami. So, how exactly does Kerrisdale choose which stocks to short? Donald Trump tosses out MAGA hats at a rally in Ohio, in June 2021. or to simply have an email sent to you whenever we receive a new Its only real asset is a 73% stake in Viking Energy, an OTC-traded company with negative book value and a going-concern warning that recently violated the maximum-leverage covenant on one of its loans. From Kerrisdale Capitals standpoint, Astra faces massive obstacles to becoming a viable business and has nonsense launch projections. 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. Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. Be sure to check us out on YouTube, Twitter, Facebook, and Instagram, join our Discord! 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. For example, in the Astra report, the subtitle reads Headed for Dis-Astra.. Ft. 1759 Carrera Cir, Medford, OR 97504. Following its first successful launch to orbit, the company announced its first launch from Florida. A crash, some coke and now this hedge-funder's driver's license is on ice. However he also remarked that easing inflation and adequate supply chains may be a long time from now. For short-squeeze traders, these waves are not fun ones. NEW YORK, Feb. 7, 2018 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, has published a negative report explaining its short position in Eastman Kodak . What makes the hedge fund stand out, however, is that it is willing to share its secrets with the public. Nearby Recently Sold Homes. [2]: 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. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. . 1125 N. Charles St, Baltimore, MD 21201. Investment firms are surely a little nervous when they announce a new short position. The Greater Vancouver area had a population of 2.6 million in 2021, making it the third-largest metropolitan area in Canada. Astras upcoming NASA launch, expected NET January 2022, will be a big test. For yrs, CEO Doris ran Viking with an allegedly fake CFO. Whalewisdom has at least 42 13F filings, and 8 13G filings. 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. Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. In addition, these businesses should have attractive margins that generate free cash flow.. Adrangi first broke into the mainstream investing world in 2010 when he successfully shorted several fraudulent Chinese companies. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. PRTY Stock Surges 10% as Party City Files for Bankruptcy. I am still for camber. 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. Theres no lawsuit. The online dating operator owns Tinder and Match.com. Copyright 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. Washington D.C., Feb. 4, 2021 . Commentary. Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. Kerrisdales report is making big waves in the meme-stock investing sphere. Theyre investigating conveniently 2.5 minutes after the FUD and massive shortnothing to see here. Company updates, market commentary, case studies and other topics we consider worth . We're short $ASTR. Welcome to Kerrisdale Capital A research-oriented investment firm. Remember the Alamo!!!!! Pershing Squares Bill Ackman, one of the most highly regarded names in the hedge fund industry, often used the same auditorium to share his investment ideas. As of April 30, its flagship fund had declined by. 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HubSpot (NYSE:HUBS) has declined by over 45% since the release of the short report on Dec. 22. is_redirect && ! The program is also part of a broader, 2020 DailyAlts. is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_3').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_3').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_3').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_3').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_3').val();gformInitSpinner( 3, 'https://dailyalts.com/wp-content/plugins/gravityforms/images/spinner.gif' );jQuery(document).trigger('gform_page_loaded', [3, current_page]);window['gf_submitting_3'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_3').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_3').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [3]);window['gf_submitting_3'] = false;}, 50);}else{jQuery('#gform_3').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [3, current_page]);} );} ); jQuery(document).bind('gform_post_render', function(event, formId, currentPage){if(formId == 3) {if(typeof Placeholders != 'undefined'){ 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. Following this news, Cambers stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. 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 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. 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 . 3D WALKTHROUGH. Kerrigan Preview Skin missing for Widowmaker. 703 Number of Organizations $8.1B Total Funding Amount 240 Number of Investors. Federal investigations not only mean soaring legal costs and potential legal damages but more importantly, they will likely result in a lasting impact to Matchs business model, it says. 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. Shop onAmazonto support Space Explored Writers. MIAMI, FL While Camber Energys numbers raised several red flags for Adrangi, a quick dive into its past proves that its paramount to consider both quantitative and qualitative factors when researching a company. All the other suits are frivolous and will never see a court of law. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. 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, . 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . All I've seen so far is "investigations" announced by what appears to be ambulance chasers. 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. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. S&P 500WhaleScore It should be noted that I am not a Financial Advisor, and this is not financial advice. 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 . Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Subscribe to WhaleWisdom to view all filing data The U.S. House Oversight and Reform subcommittee has also sent a list of questions about policies to Bumble, Grindr, and the Meet Group. CEI stock is currently down over 50% with the report. 15. All rights reserved. For Q3 2022 included $ 411,750,000 in managed 13F securities and a top 10 concentration! And a top 10 holdings concentration of 48.51 % are likely to remain dreams Commission sued Match Group in for. Is making big waves in the meme-stock investing sphere launch vehicle to carry payloads up to 500kg orbit! 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kerrisdale capital investigation