However, these lower costs may mean cutting corners. 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 . . In 2014, Kerrisdale rented out a Manhattan auditorium and gave a three-hour-long presentation to investors on why Globalstars (NYSEMKT:GSAT) valuation at the time was irrational. 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. 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. Astra is falling behind its competitors. This will schedule a job to export all requested 13f holdings data for this filer. 3 reviews of Kerrisdale Capital "Unethical company ran by a man with a history of drug and alcohol problems! The firm confirmed that it is short Match. By Sam Boughedda. 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. United States Investors with Funds Raised in 2016 . Copyright 2023 InvestorPlace Media, LLC. Sahm Adrangi is no stranger to being transparent on social media; he joined Twitter in 2012 and before that, he was posting anonymously on . By the end of 2012, it earned recognition as one of the best-performing hedge funds. How Is That a Good Thing? I want to know who the lawsuits are against. containing a link to download the .zip file of the CSV file(s) you requested. for KERRISDALE ADVISERS, LLC, Top 20 equal-weighted holdings. Capital gain is the profit one earns on the sale of a real estate asset. Macroeconomic factors, such as inflation, weigh into Kerrisdales research process as well. In its report, Kerrisdale Capital looks at Astras past, current, and future projections. Maybe four or five years from now.. 2,211 Sq. 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. 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 . We love the technology and the growth happening in this company. The MSM's arrogance is self evident- Kerrisdale Capital can publicly assert there is an active SEC investigation because low information voters have a minimum level of understanding how things work in this world. Kerrigan Preview Skin missing for Widowmaker. !StNYcNXEJ2q Mon Sep 26 19:50:47 2022 No.51646699 [archived.moe] >Basic Informati This is applicable for both long and short positions. How do I update this listing? In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. The agreement referred in the report is a deal Astra made with Firefly Aerospace. Camber Energy: Do Not Ignore Its Recent Agreement Camber Energy Inc. (NYSEAMERICAN: CEI) Subsidiary Viking Press J to jump to the feed. It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. A source said AST's forecast relies on cheap launches using SpaceX's Starship. Thats good for the markets, Adrangi said. Recently, the fund started adding punny subtitles to its reports to add a breath of humor. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. 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. With the prevalence of, , interest in stocks has risen to an all-time high in recent years. 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). Kerrisdale is shorting CEI, and it's rubbing its position in the face of meme-stock investors. As InvestorPlace contributor Chris MacDonald reports, the report goes so far as to suggest CEI will see delisting in the next month. Bill Ackman, one of the most highly regarded names in the hedge fund industry, often used the same auditorium to share his investment ideas. S&P 500WhaleScore 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. 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. January 1, 2023 January 12, 2023 Interviews by Igor. 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 . Everything was taken. In addition, these businesses should have attractive margins that generate free cash flow.. 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 . Astra is playing a risky game. he's very engaging on twitter. 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. Trading volume is unusually high for the stock as well . . The losses threaten to erase the gains it has earned over the last month of trading. Activist hedge fund Kerrisdale Capital has taken a short stake in Match Group (NASDAQ: MTCH). Subscribe to our free newsletter for updates and news about alternatives investments. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. Presenting this to a mass audience to further effect their position in the stock to their favor. MIAMI, FL When researching a new short idea, Adrangi also considers the track record of a companys management and its business partners. 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. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! 1125 N. Charles St, Baltimore, MD 21201. The report essentially boils down to this: Astra has big dreams, but they are likely to remain dreams. Kessler Topaz is suing Kerrisdale on our behalf. Since releasing the short report on Astra Space on Dec. 29, ASTR stock has declined by over 60%. The war between retail investors and institutional short sellers continues to wage, and theres likely no end in sight. 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. HubSpot (NYSE:HUBS) has declined by over 45% since the release of the short report on Dec. 22. Oct 15, 2021. 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. ? Directly support Jared by joining hisPatreon(recurring support), or donate throughKo-Fi(one-off support). Investing in the stock market should be a lot more mathematical than anything else. Get Kerrisdale Condo Details, recent transaction prices, pricing insights, nearby location, condo reviews, and available condo units for sale and for rent. quotes delayed at least 15 minutes, all others at least 20 minutes. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? Their manifested ignorance and persistent hatred of the . Kerrisdale is a 99-year Leasehold property, located in Farrer Park / Serangoon Rd. 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. Google News, Jared is a Photographer and Writer for Space Explored based out of Orlando, FL. Kessler Topaz is suing Kerrisdale on our behalf. So, if you want to succeed like Kerrisdale, open your spreadsheets and get those DCF models running. We all make mistakes. The hedge fund industry is a highly competitive landscape where even the most skilled managers are prone to mistakes. 2023 InvestorPlace Media, LLC. So, how exactly does Kerrisdale choose which stocks to short? Camber or Kerrisdale? The deal also involved Firefly sending Astra engines to inspect. CEI stock is currently down over 50% with the report. Doris did the exact opposite. We will see what becomes of this investigation and whether Astra Space will have to pay out investor losses. Anson Funds' Moez Kassam Interview: Investing in the Success of Businesses and Communities. Our best opinion and analysis outlining single stock investing ideas, often from authors with positions in the stocks they're covering. 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. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. Shop onAmazonto support Space Explored Writers. Feb 8, 2022 5:36 PM EST. Moez Kassam is a top-performing hedge fund manager and successful entrepreneur. The dialogue that goes on Twitter is helpful for everyone, and I think it makes everyone more educated. Space Explored Podcast 56: Artemis 1 launch, SpaceX thr How many rockets did SpaceX launch in 2022? Welcome to Kerrisdale Capital A research-oriented investment firm. However he also remarked that easing inflation and adequate supply chains may be a long time from now. Kerrisdale Capital - Sahm Adrangi assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey The Upside Potential for SOFI Stock Is Limited. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? They wouldn't file against Camber unless they have massive proof of everything. Get the ball rolling in our favor. What makes the hedge fund stand out, however, is that it is willing to share its secrets with the public. 1125 N. Charles St, Baltimore, MD 21201. Buyer Beware! The agency alleges it engaged in these practices to attract new subscribers. Adrangi said he expects the stock price to be worth less. However, he did not set a price target for the stock. The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). }} } );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. I haven't seen any lawsuits filed against anyone. 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. 100% agree. As a result, investors should prepare for the possibility of an extended, high-inflationary environment. . Theres no lawsuit. is_redirect && ! Add Space Explored to your Google News feed. As of April 30, its flagship fund had declined by 44% year to date. Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. 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). It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. We're short $ASTR. Investment Advisor