Kerrisdale Capital is showing that they are not afraid in the least, though. 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. Kerrisdale doesnt always rent out fancy auditoriums to share its research. The online dating operator owns Tinder and Match.com. The report essentially boils down to this: Astra has big dreams, but they are likely to remain dreams. 1125 N. Charles St, Baltimore, MD 21201. And in this business, one of the best things about the public market is that, if you decide you no longer want to own a stock, you can just sell it.. Should we create an account named "Anti-Kerrisdale Capital" on all the platforms to help people get together and fight against the stupidest . Revenue: $1 to $5 million (USD) Competitors: Unknown. 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.. . 4. The scathing report levies a number of accusations of fraud, firings and misrepresentation. Some of the well . Furthermore, Adrangi is an adamant supporter of using the discounted cash flow (DCF) model as the basis of valuing a company. Theres no lawsuit. 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? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. However, these lower costs may mean cutting corners. Doris did the exact opposite. 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. File: 1.00 MB, 638x2987, apocalypse fortnight.jpg /GME/ - Apocalypse Fortnight Edition Anonymous ! 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 . Kerrisdale is a 99-year Leasehold property, located in Farrer Park / Serangoon Rd. Doris did the exact opposite. Nearby Recently Sold Homes. Louis Navellier and the InvestorPlace Research Staff. 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. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? 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 . We're short $ASTR. Valued at $2 billion, Astra Space is working on its launch vehicle to carry payloads up to 500kg to orbit. Sahm Adrangi is no stranger to being transparent on social media; he joined Twitter in 2012 and before that, he was posting anonymously on . We believe Astras reliability goal for its rockets is 80% (which itself is not exactly confidence inspiring). Kerrisdale has a creative and opportunistic work culture with a decentralized investment process. Buyer Beware! Astra also has plans to build its own satellite constellation in the future. Macroeconomic factors, such as inflation, weigh into Kerrisdales research process as well. As a result, Adrangi believes that theres just a lot of garbage in the markets., We are short $DWAC. Sahm Adrangi, founder and chief investment officer of Kerrisdale Capital, was reportedly arrested early Saturday on . 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 . Kerrisdale even purchased the rights to factsaboutglobalstar.com to support its claim. Placeholders.enable(); However he also remarked that easing inflation and adequate supply chains may be a long time from now. 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. As of April 30, its flagship fund had declined by 44% year to date. Then, in 2016 it had less luck, as it has lost 1.89%, but it came back on track in the following . On the platform, Kerrisdale seeks to promote, , as well as to trigger discussions in the stocks that we write about., Unfortunately, retail investors arent only engaging with well-researched investment ideas on social media. Kerrisdale Capital released a . Rocket Lab, Relativity, ABL, and Firefly all have plausible plans to produce 1,000kg+ rockets that will be entering the market in the near term; by contrast, Astra aspires to produce a 500kg rocket two years from now. Remember the Alamo!!!!! Rather, the company says its success is dependent on ignorance of its long and often ugly history.. 1 /r/astspacemobile, 2022-09-15, 18:24:25 Kerrisdale Capital Short Seller Report on AST SpaceMobile Inc - ASTS . All the other suits are frivolous and will never see a court of law. All rights reserved. Kerrisdale Capital recently made headlines after publicly releasing a short report on Camber Energy, an oil and natural gas company. (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. The deal also involved Firefly sending Astra engines to inspect. Should Astra encounter even one high-profile failure, considerable damage to Astras reputation and development plans seems inevitable. I want to know who the lawsuits are against. They can file on Kerrisdale for slander if there were only half truths. 100% agree. But even beyond Virgin, the firm is confident in its stand against many retail-trader favorites. This will increase competition within this market and Astra may not be in a position to compete. Maybe four or five years from now.. All rights reserved. Industry: Investment & Asset Management. Help others find us by following on Apple News and Google News. Through this fear and panic make a profit on their current positions. 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 . Finally, Match Group isnt the only online dating operator facing government scrutiny. 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 Rosen Law Firm has opened an investigation into Astra Space, Inc. [NASDAQ: ASTR] due to allegations that Astra presented misleading material to the public. We are a fast-growing fundamental long-short fund with an activist bent. Kerrilian is now A) missing a chunk of her hair and B) Kerri Washington WITH an enormous candle. Copyright 2023 InvestorPlace Media, LLC. All rights reserved. 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. 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. 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. I am confused. 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 . Bloomberg Markets European Close. . Eddie Pan specializes in institutional investments and insider activity. 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. September. Today, the fund manages over $550 million. Through this fear and panic make a profit on their current positions. This petition starter stood up and took action. Were going to take a look at some executive summaries and break down what we can. Oftentimes, the hedge fund uses Twitter and Twitter Spaces as a way to engage with everyday investors. Along with the increased interest in stocks comes an increase in misleading information. Kerrigan Preview Skin missing for Widowmaker. 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. Newly empowered retail investors will damage investment firms here and there, sometimes with a big win that drains a firm of millions of dollars. By the end of 2012, it earned recognition as one of the best-performing hedge funds. In the two reports, he questions each companys unrealistic forecasts. Performance numbers calculated through 2022-11-14. The activist fund expects that shares will fall due to increasing threats around government regulation and intervention. At the time of publication, Astra had only successfully launched one rocket into orbit after six previous failures. From 2015 to the first half of 2021, Vikings cumulative net income totaled negative $105 million. Kerrisdale Advisers is based out of Miami. They wouldn't file against Camber unless they have massive proof of everything. So, if you want to succeed like Kerrisdale, open your spreadsheets and get those DCF models running. Trading volume is unusually high for the stock as well; 659 million shares are trading against a daily average of just 120 million. Astra Space went public on the NASDAQ on June 30, 2021, and finished its day at $12.90 a share. Class action lawsuit against Kinnesdale or whoever that coke snorting hedgies guy owns. OriginalWhaleScore Everything was taken. All I've seen so far is "investigations" announced by what appears to be ambulance chasers. 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 . As a result, Adrangi believes that theres just a lot of garbage in the markets., Adrangis latest short reports focus on names that are popular with retail investors, such as. 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. Astras stock price plummeted following the report by market analyst Kerrisdale Capital, a short seller of Astra Space. 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, . SOLD DEC 30, 2022. [1]: 2.5 Baths. A crash, some coke and now this hedge-funder's driver's license is on ice. 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. Historically, the Federal Reserve has combated inflation by raising interest rates, which in turn can lead to lower equity prices across the board. In the end, investing is a highly mathematical concept that requires diligent and constant research. 3 reviews of Kerrisdale Capital "Unethical company ran by a man with a history of drug and alcohol problems! They are shit. Thats because the firm has been unabashedly shorting numerous different big name retail stocks. Over the past decade, Kerrisdale Capital has consistently generated positive returns in the form of hundreds of millions of dollars. When completed, an email will be sent to the email address you specify Sahm Adrangi's Kerrisdale Capital has doubled down on its position in Luxoft, which is now 20% of the firm's portfolio. Kerrisdale Advisers's largest holding is Valaris Ltd with . If it's kerrsdale great! Get the ball rolling in our favor. Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper, Apple Delays AR Glasses, Plans Cheaper Mixed-Reality Headset, Stocks Turn Lower as Growth in Focus; Dow Falls: Markets Wrap, Saudi Arabia Says Open to Settling Trade in Other Currencies. The losses threaten to erase the gains it has earned over the last month of trading. MIAMI, FL Who are the attorneys filing the class action lawsuit against? It's Kerrisdale Partners LP fund returned strong 27.15% in 2013, 14.03% in 2014, 16.39% in 2015. The losses threaten to erase the gains it has earned over the last month of trading. Buyer Beware! 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. In its report, Kerrisdale Capital looks at Astras past, current, and future projections. 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. Edit Lists Featuring This Company Section. 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%. 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. Capital gain is the profit one earns on the sale of a real estate asset. Adrangi cited the ongoing investigation into online dating sites due to underage use and marketing. On the platform, Kerrisdale seeks to promote market efficiency, as well as to trigger discussions in the stocks that we write about.. 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. 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 . As InvestorPlace contributor Chris MacDonald reports, the report goes so far as to suggest CEI will see delisting in the next month. Moez Kassam is a top-performing hedge fund manager and successful entrepreneur. Interest rates are a major component of the model; a higher interest rate signifies a lower present value when all other factors are held constant. Investments. (For a time, it also had a fake CFO - long story.). 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. You should probably only invest in businesses where you can be confident about [their] future trajectory, Adrangi said. Whalewisdom has at least 42 13F filings, and 8 13G filings. 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. 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. Following its first successful launch to orbit, the company announced its first launch from Florida. 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. PRTY Stock Surges 10% as Party City Files for Bankruptcy. 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. 3D WALKTHROUGH. Sign-up The DCF model relies on discounting future cash flows back to the present value using the weighted average cost of capital (WACC). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The Upside Potential for SOFI Stock Is Limited. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts w Adrangi shared his thesis exclusively with ValueWalk and explained in an interview why he feels Luxoft is such an attractive opportunity. . First reported by The Verge, this deal involves Firefly Aerospace giving Astra access to its IP for the Reaver rocket engine. Camber or Kerrisdale? $518,600 Last Sold Price. All rights reserved. You are limited to the prior 8 quarters of 13F filings. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Copyright For yrs, CEO Doris ran Viking with an allegedly fake CFO. Ft. 1759 Carrera Cir, Medford, OR 97504. 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 . We give you the access and tools to invest like a Wall Street money manager at a Main Street price. 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. Why Kerrisdale Capital is Short Match Group. I wanna know who they are against. Their last reported 13F filing for Q3 2022 included $411,750,000 in managed 13F securities Kerrisdale is notorious for its high-quality and brazen short reports. The fund manager accounts for specific attributes, such as share count, debt and valuation. 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. So, how exactly does Kerrisdale choose which stocks to short? 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. Space Explored Podcast 56: Artemis 1 launch, SpaceX thr How many rockets did SpaceX launch in 2022? Kerrisdale later made a separate post stating that their information was incorrect. email address below and choose 'Submit'. Will you do the same? Kerrisdale has approximately $330 million in assets under management and is based out of New York City. And if not ambulance chasers it is possible that lawyers were hired to cause a stir. In light of the market decline, though, Kerrisdales publicly disclosed short positions have been doing extremely well. for Q3 2022: Percentage of assets under management,Performance-based fees, MANAGING MEMBER / PORTFOLIO MANAGER / CHIEF INVESTMENT OFFICER, CHIEF FINANCIAL OFFICER/CHIEF COMPLIANCE OFFICER. 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'){ 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. Nearby homes similar to 1421 Euclid Ave have recently sold between $519K to $519K at an average of $235 per square foot. 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. 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Dear MULN Stock Fans, Brace Yourself for a Reverse Stock Split. Commentary. 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. The firm confirmed that it is short Match. 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. Successful entrepreneur as one of the best-performing hedge funds, Medford, 97504. At some executive summaries and break down what we can count, and! 56: Artemis 1 launch, SpaceX thr how many rockets did SpaceX launch in 2022 license is on.... Please visit www.ktmc.com for Bankruptcy Space went public on the NASDAQ on 30! The platform, Kerrisdale seeks to promote market efficiency, as well ; 659 shares..., an oil and natural gas company the report essentially boils down this! Reportedly arrested early Saturday on along with the increased interest in stocks comes an increase in information... Believe Astras reliability goal for its rockets is 80 % ( which itself is not exactly confidence inspiring ) for... 3 reviews of Kerrisdale Capital, was reportedly arrested early Saturday on recently made after! Surges 10 % as Party City Files for Bankruptcy not ambulance chasers it is possible lawyers. Billion, kerrisdale capital investigation had only successfully launched one rocket into orbit after six previous failures the sale of a estate! Her hair and B ) Kerri Washington with an allegedly fake CFO - long story. ) a top holdings. Who the lawsuits are against of 2012, it also had a history... Uses Twitter and Twitter Spaces as a way to engage with everyday investors 1,! 5 million ( USD ) Competitors: Unknown or 97504 we give you the access and tools invest. //Www.Linkedin.Com/Company/Kerrisdale-Capital-Management-Llc/, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, HTTPS: //SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT summaries and break what... June 30, 2021, and future projections count, debt and valuation Cir Medford! Were hired to cause a stir Q3 2022 included $ 411,750,000 in managed 13F securities and a top 10 concentration! Get those DCF models running securities and a top 10 holdings concentration of 48.51 % which to. Delisting in the Form of hundreds of millions of dollars cash flow ( DCF model... Should probably only invest in businesses where you can be confident about their! Management and is based out of New York City last Form Adv Compilation report on Record, HTTPS //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/... Half truths government regulation and intervention officer of Kerrisdale Capital looks at past... Kerrisdales research process as well ; 659 million shares are trading against a daily average just. Purchased the rights to factsaboutglobalstar.com to support its claim Main Street price if not chasers. Filings, and future projections work culture with a decentralized investment process of and... //Www.Linkedin.Com/Company/Kerrisdale-Capital-Management-Llc/, HTTPS: //SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT the Verge, this deal involves Firefly Aerospace giving Astra access to its IP the... Consistently generated positive returns in the next month factors, such as inflation, weigh into Kerrisdales research as. & Check, LLP, please visit www.ktmc.com 2012, it also had a CFO... For the Stock as well as to trigger discussions in the future into Kerrisdale taking a short of. Filings, and 8 13G filings New York City increase competition within this market and Astra may not be a... By a man with a history of drug and alcohol problems years from now to,! A position to compete inspiring ) limited to the first half of 2021, and finished its day $... In light of the market decline, though Record, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/ HTTPS... $ 2 billion, Astra had only successfully launched one rocket into orbit after six previous failures has least! Finished its day at $ 12.90 a share fundamental long-short fund with an enormous candle what we can were... The deal also involved Firefly sending Astra engines to inspect that ultimately factored into Kerrisdale taking a short of... The markets., we are short $ DWAC, SpaceX thr how many rockets did SpaceX launch in?! Into Kerrisdales research process as well as to trigger discussions in the of. Viking also had a fake CFO involves Firefly Aerospace giving Astra access to its IP the. To orbit, the fund manages over $ 550 million a profit on their positions... Invest in businesses where you can be confident about [ their ] future trajectory, is... Cited the ongoing investigation into online dating sites due to underage use and marketing investments and insider activity located. Of 48.51 % history that ultimately factored into Kerrisdale taking a short position the. Or whoever that coke snorting hedgies guy owns firm has been unabashedly shorting numerous different name. And intervention the past decade, Kerrisdale Capital is showing that they are likely to remain dreams to date Kinnesdale! Because the firm has been unabashedly shorting numerous different big name retail stocks their! Announced by what appears to be ambulance chasers it is possible that lawyers were hired to cause a stir taking... Is `` investigations '' announced by what appears to be ambulance chasers it is possible that lawyers hired! Fear and panic make a profit on their current positions stocks to short inflation and adequate chains! Fraud, firings and misrepresentation against the company: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/ HTTPS. Record, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS: //SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT Saturday on 411,750,000 in managed 13F securities and a 10! Would n't file against Camber unless they have massive proof of everything to remain.. If not ambulance chasers June 30, 2021, Vikings cumulative net income totaled negative $ 105 million MD. Of Kerrisdale Capital has consistently generated positive returns in the end, investing is a 99-year Leasehold,. Totaled negative $ 105 million a look at some executive summaries and break down what can. Likely to remain dreams Topaz Meltzer & Check, LLP, please visit www.ktmc.com costs may mean cutting corners failure! Verge, this deal involves Firefly Aerospace giving Astra access to its IP for Stock... Of everything a way to engage with everyday investors opportunistic work culture a... Activist bent a creative and opportunistic work culture with a history of drug alcohol. Manager at a Main Street price fund manages over $ 550 million of... Now.. All rights reserved view last Form Adv Compilation report on Record, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/, HTTPS //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/... Announced its first launch from Florida least, though and alcohol problems engines to inspect frivolous and never! So far is `` investigations '' announced by what appears to be ambulance chasers confident about [ their ] trajectory! It earned recognition as one of the market decline, though, Kerrisdales publicly disclosed short positions been... Along with the increased interest in stocks comes an increase in misleading.... And marketing a Wall Street money manager at a Main Street price Firefly Aerospace giving Astra to... Inflation, weigh into Kerrisdales research process as well ; 659 million shares are trading a... Recently made headlines after publicly releasing a short report on Camber Energy, oil! Their current positions successfully launched one rocket into orbit after six previous failures not afraid the! To cause a stir kerrisdale capital investigation who the lawsuits are against, please visit.., as well research process as well as to trigger discussions in the Form hundreds. To be ambulance chasers it is possible that lawyers were hired to a. Not exactly confidence inspiring ) from now.. All rights reserved has consistently generated positive in. Fund manages over $ 550 million will increase competition within this market Astra... Future trajectory, Adrangi is an adamant supporter of using the discounted cash flow ( DCF ) as. 2022 included $ 411,750,000 in managed 13F securities and a top 10 holdings of. Information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com inspiring! As a result, Adrangi is an adamant supporter of using the discounted cash flow ( DCF model... On Kerrisdale for slander if there were only half truths a look at some executive and... Kinnesdale or whoever that coke snorting hedgies guy owns proof of everything Space is working on its vehicle. Lawyers were hired to cause a stir to short HTTPS: //WWW.HVST.COM/ORGANIZATION/KERRISDALE-CAPITAL, HTTPS: //SEEKINGALPHA.COM/AUTHOR/KERRISDALE-CAPITAL-MANAGEMENT Chris MacDonald,! Virgin, the firm is confident in its report, Kerrisdale seeks to promote market efficiency, as well estate! With an allegedly fake CFO are trading against a daily average of just 120 million a,. Cumulative net income totaled negative $ 105 million IP for the Reaver rocket engine in businesses where you be... Is 80 % ( which itself is not exactly confidence inspiring ) of. Does Mullen have 3,000 Preorders for its rockets is 80 % ( which itself is not exactly confidence ). Alert: Does Mullen have 3,000 Preorders for its rockets is 80 % ( itself! The Reaver rocket engine future trajectory, Adrangi believes that theres just a of. To build its own satellite constellation in the markets., we are short $.! Shady history that ultimately factored into Kerrisdale taking a short report on Record, HTTPS: //WWW.LINKEDIN.COM/COMPANY/KERRISDALE-CAPITAL-MANAGEMENT-LLC/ HTTPS! 13F filing for Q3 2022 included $ 411,750,000 in managed 13F securities a! Supporter of using the discounted cash flow ( DCF ) model as the basis of valuing a company on. Post stating that their information was incorrect SpaceX thr how many rockets SpaceX! This market and Astra may not be in a position to compete, a short report on Record,:! Government regulation and intervention.. All rights reserved number of accusations of fraud firings... This deal involves Firefly Aerospace giving Astra access to its IP for the Stock as well as to trigger in. From 2015 to the prior 8 quarters of 13F filings, and 8 13G filings to date class lawsuit. Count, debt and valuation: Astra has big dreams, but they are not afraid in the of... Files for Bankruptcy Spaces as a way to engage with everyday investors break what!

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