The litigation will be led by Mr. Stoelting, Ms. Pauley, and Ms. Moilanen. Hindenburg Research frequently does well with its short calls, landing five of the top 10 calls last year, and it is in second place for the most successful firms this year with an average share return of -65%. Six weeks into Truth Socials bungled launch, senior executives are already fleeing. "Hedge funds that uncover shortcomings in companies and short stocks provide a valuable service to the markets by 'outing' companies who are not running sound businesses," she said in an email. The sources also said that requests for information were also sent by the SEC. CONTACT:Corey D. Holzer, Esq. Let's take a look at how research firms serving hedge funds have done with their short calls this year and at whether the market benefits from these reports at all. The SEC also charged GPB Capital with violating the whistleblower protection laws. While recent pressure on DWAC shares has been attributed to the executive exodus at TMTG and Elon Musks interest in acquiring Twitter, DWACs stock has much further to fall given the demonstrably misleading statements in DWACs registration statement, the status of TMTGs operations at the time the merger agreement was executed, the cast of characters seeking to consummate that merger and those individuals flagrant disregard for SEC rules and regulations. 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. Sahm Adrangi Chief Investment Officer Edward Gu Chief Financial Officer Peter Baer Head of Marketing & Investor Relations Investor Login Keep me signed in Forgot password? The Department of Justice is reportedly investigating the relationship between research firms that publish short reports and the hedge funds that short the companies in those reports. Viceroys Perring also said his company did not receive any requests for information. Required fields are marked *. (888) 508-6832 (toll-free)cholzer@holzerlaw.com, To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98655, https://www.newsfilecorp.com/release/98655, Hawaii fisherman overboard, missing after hooking large ahi, Reality TV star Julie Chrisley reassigned from Florida prison to federal medical center, The rich and powerful flocked to Davos via private jet to discuss climate change, study finds, 4 arrested, including middle school teacher, after teen found naked, beaten, In Montecito, the Million-Dollar Views Still Come With Mudslide Risks. Create an account to follow your favorite communities and start taking part in conversations. Its hard for us to comment on something we dont know anything about, said Taylor Hall, a representative for Oasis. Kerrisdale Capital is an investment management firm. Picture taken May 12, 2021. The SEC's examination that led to this enforcement action was conducted by Susan Day, Stephanie Fischer Bennett, Tim Worthington, Lisa Byington, Craig Ellis, Nick Madsen, and Tom Piccone of the Denver Regional Office. 1 Twitter 2 Facebook 3RSS 4YouTube This year's most successful short-sellers. Action Alerts PLUS is a registered trademark of TheStreet, Inc. Start the year strong, access the AAP portfolio today. 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. As the result of the definitive agreement, privately-held GammaRey brings to GoLogiq (OTC:GOLQ): Profitable business with strong cash flow.Nearly $800 million in customer financial assets.Full-stack fintech ecosystem designed for the New World Digital Economy, including a commodity-backed digital currency, digital wallet, and proprietary transaction platform for securities, goods and services.Pipeline of accretive and/or technology-enabling acquisitions. We are short shares of Digital World Acquisition Corp. (DWAC), a SPAC valued at over $8bn on a pro forma basis, because we believe it will never secure the necessary regulatory approval to close its proposed merger with Trump Media & Technology Group (TMTG). Following this news, Cambers stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. Good news coming for us Newbie Here: Just DRSd 500 shares of dwac Scary but Gary Gensler, Head of the SEC(securities and exchange Press J to jump to the feed. 3 mo. Contrary to the uninformed views of bulls, the SEC does have the ability to effectively kill the proposed merger, using, ironically, the same mechanism it used to kill three of ARC Groups companies just five years ago. Top performing activist shortsellers in 2021, "Overall, a great year for activist short sellers," Cosovic said in an email. Kerrisdale also feels Astra is poorly positioned in an overcrowded market and that its primary competitors will soon launch larger payload rockets while it continues to struggle to overcome major developmental hurdles. We havent been contacted by DOJ, SEC or any governmental authorities about any investigations, Sahm Adrangi,Kerrisdales chief investment officer, wrote in an email. (For a time, it also had a fake CFO - long story.). 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 next month, and just fired its accounting firm in September." Kessler Topaz Meltzer & Check LLP STAY CONNECTED Both the spokespeople and the SEC declined to comment. I write about hedge funds with a focus on emerging managers. Compliance with securities regulations has always been a point of significant emphasis at the firm since inception and we have not been subject to any regulatory action regarding insider trading or short-selling in our 13-year history.. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. Six months after the merger, DWAC still hasnt filed even an initial S-4. Please click here to read full disclosures. "Eleven stocks were added to short sellers' naughty list in December," he said in an email. We will always cooperate with any such investigations and are happy to assist regulators in carrying out their duties, he told Bloomberg. 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. UPDATE: This community is now RESTRICTED. The charges filed today reinforce the Commissions commitment to protecting whistleblowers from retaliation and attempts to stifle the free flow of information to the Commission about possible securities law violations.. The complaint seeks disgorgement of ill-gotten gains plus prejudgment interest and penalties. According to Breakout Point, Night Market Research also had two of the top 10 best short calls with Mountain Valley MD and BeyondSpring. Jul 28, 2022 Its TAM is becoming saturated & competition has intensified. Without admitting or denying the findings, KCM and Kornitzer agreed to be censured, to cease-and-desist orders, and to a joint and several penalty of $2.7 million. Kerrisdale Capital Management LLC. Muddy Waters accused the company of inflating its revenue. only one party can lie. Content copyright 2023. According to Spruce Point, the company is "reporting remarkable financial success, wildly expanded margins at its European targets, and cash flow after years of operating in the red." The SEC appreciates the assistance of the U.S. Attorneys Office for the Eastern District of New York, Federal Bureau of Investigation, Financial Industry Regulatory Authority, Alabama Securities Commission, Illinois Securities Department, South Carolina Office of the Attorney Generals Securities Division, Office of the Georgia Secretary of States Securities Division, Missouri Securities Division, New Jersey Bureau of Securities, New York State Office of the Attorney General, and Texas State Securities Board. All rights reserved. HUBS First and foremost, when you do a presentation of information such as this you must break down the elementary terms. If you purchased Camber stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. People familiar with the matter also said they wanted records from 36 people that were associated with those companies. "They also provide a valuable service by taking the opposite side of (long) trades, providing needed liquidity to the markets. KCM also agreed to pay disgorgement of $4,978,448 and prejudgment interest of $80,670, for a total of $5,059,118, of which $4,132,132 is deemed satisfied by payments KCM previously made to two CITs and investors in those CITs. The SEC's investigation was conducted by John H. Mulhern and Kimberly L. Frederick of the Asset Management Unit in the Denver Regional Office, and Daniel M. Konosky of the Denver Regional Office. | Source: Laurence Rosen, Esq. "We are short shares of Fubo, a $6bn company that has seen its share price increase 4x following its October 7th IPO on the NYSE. KCM and Kornitzer told the board members that they would reduce the concentrations to 10% within 12 to 18 months. As alleged in our complaint, the defendants told investors that they would be paid distributions from profits of the portfolio companies when, in reality, many of the payments were being made from the investors own funds, said Richard Best, Director of the SECs New York Regional Office. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights. Bloomberg reported that Luckin Coffee is one of the targets being reviewed by federal prosecutors investigating the relationship between research firms that publish short reports and hedge funds. DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the investment vehicle has spawned. Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. The order finds that as of December 2015, the securities of a single issuer constituted between 30% and 89% of the assets held by the CITs. Phillip Kim, Esq. This field is for validation purposes and should be left unchanged. 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. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. Please message the mods for approval to post and comment. (R-NC). Photographer: Peter Foley/Bloomberg. (888) 508-6832 (toll-free)cholzer@holzerlaw.com, To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98655, Our goal is to create a safe and engaging place for users to connect over interests and passions. To gain SEC approval of a supposedly forthcoming S-4, DWAC needs to accurately detail the extent of the due diligence it conducted regarding TMTG within just six weeks, as well as explain the specific reasons why it believes merging with a de facto shell company is in DWAC shareholders best interests. Recent SEC actions confirm that 1) the agency is serious about reining in a financial sector widely regarded as rife with potential fraud and conflicts of interest, and 2) SPAC enforcement investigations are priority matters within the commission. Opinions expressed by Forbes Contributors are their own. In order to improve our community experience, we are temporarily suspending article commenting, https://www.newsfilecorp.com/release/98655. Here's Why Kerrisdale Capital Shorted Lightwave Logic (LWLG). More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. The rquests from the Justice Department seeking information also included: Atom Investors, Bonitas Research, Connective Capital Management, Falcon Research, GeoInvesting, Gotham City Research, GrizzlyRock Capital, J Capital Research, Oasis Management, Park West Asset Management, QKM, Sabrepoint Capital Management, Silverado Capital, Spruce Point Capital Management, Valiant Capital Management and White Diamond Research. December 10, 2019 - The Securities and Exchange Commission today announced settled charges against Kornitzer Capital Management, Inc. (KCM), a Kansas-based registered investment adviser, and its President, CEO, and majority owner John C. Kornitzer, for not following client instructions and for failing to adopt or implement reasonably designed written policies and procedures connected to client objectives and restrictions. We literally havent spoken to anyone at the government in many years.. This action shows our continued pursuit of those who deceive investors and conceal their misconduct to reap profits for themselves., Jane Norberg, Chief of the SEC's Office of the Whistleblower, added, Whistleblower protections are a cornerstone of the SECs whistleblower program. Kerrisdale Capital, an investment management company, released its investor letter for July. Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500info@ktmc.com, Camber Energy, Inc. Security Investigation. Anything posted in this sub is OPINION ONLY! Kerrisdale Capital Management's Return, AUM, and Holdings Back in 2009, Sahm Adrangi decided it was time to launch his own hedge fund, and so he founded Kerrisdale Capital Management, a New. The Justice Department has also recently subpoenaed some market participants seeking calendars, communications and other records for nearly 30 investment and research companies, according to the sources. We recommend about 10-15 long positions and 5-10 short positions in our quarterly newsletter every quarter. All rights reserved. Two months later, Luckin Coffee itself reported the discovery that its chief operating officer and other staffers had fabricated about 40% of its revenue in 2019. Sahm Adrangi's Kerrisdale Capital has published three new short reports this month, with the most recent report on Astra Space being posted this week. Through this fear and panic make a profit on their current positions. Please read & abide by sub rules! The Shorties are a bunch of crooks https://www.thestreet.com/markets/regulation/doj-sec-probe-dozens-of-firms-in-short-selling-sting. The other two shorts are HubSpot The report further alleged that Camber only has one real asset, a 73% stake in an OTC-traded company with negative book value. The SECs investigation was conducted by Kristin M. Pauley, Lindsay S. Moilanen, Kerri L. Palen, David Stoelting, Neal Jacobson, Melissa A. Coppola, Alistaire Bambach, and Sheldon L. Pollock, and supervised by Lara S. Mehraban. According to the SEC's order, KCM served as investment adviser to four collective investment trusts (CITs), and Kornitzer served as their portfolio manager. 6LinkedIn 8 Email Updates. (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. We are a community of serious BULLISH DWAC investors. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Given these challenges we think there is significant risk DWAC never files an S-4 at all. Kerrisdale Capital is an investment management firm. Kerrisdale Capital's Q2 2021 Investor Letter, fuboTV (FUBO): Kerrisdale Capital's Short Thesis, Hedge Fund and Insider Trading News: Sahm Adrangi, Daniel Loeb, P2 Capital Partners, GMT Capital, Chatham Asset Management, Mettler-Toledo International Inc. (MTD), Tetra Tech, Inc. (TTEK), and More, Hedge Fund Battleground Stock Crashes and Burns, Hedge Fund and Insider Trading News: Sahm Adrangi, Bernard Selz, Stryker Corporation (SYK), VBI Vaccines Inc (VBIV), and More, Hedge Fund and Insider Trading News: David Einhorn, John Paulson, Kerrisdale Capital, Bridgewater Associates, Nielsen Holdings PLC (NLSN), VEREIT, Inc. (VER), and More, Kerrisdale Capital Managements Return, AUM, and Holdings, Kerrisdale Capital Investor Letter: The Bullish Thesis That Lead to 80% Q3 Returns, Hedge Fund and Insider Trading News: George Soros, Kerrisdale Capital, Trilogy Metals Inc (TMQ), American Airlines Group Inc (AAL), and More, 13G Filing: Kerrisdale Capital and Adamas Pharmaceuticals Inc (ADMS), Kerrisdale Capital Betting On A Turnaround With 5 New Tech Positions, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Representatives for the majority of the companies, includng Melvin, Orso, Sophos and Hindenburg, either declined to comment to Bloomberg or did not reply to messages seeking comment. Max Pain $30 next friday! This year's other top calls include Bonitas' call on Ageagle Aerial Systems, Wolfpack's call on Chinese firm EHang Holdings, and Hindenburg's and Culpers' calls on the Chinese firm Sos Ltd. Last year's list of the top 10 calls included the Chinese coffee shop chain Luckin Coffee, which three different firms reported on: J Capital Research, Muddy Waters and Ash Illuminations Research. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. FCEL Your email address will not be published. The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. 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. 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 out to be shell companies. KCM and Kornitzer, however, failed to do so, and the CITs incurred significant losses as a result. Spruce Point also believes the company's financial disclosures are weak and that its results "are being temporarily enhanced from concentrated exposure to high-risk gaming and eCommerce.". If you purchased Camber stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. Shorts are exiting! Washington D.C., Feb. 4, 2021 . SaaS HCM players now control 40%+ of the SME mkt (<1k employees), with 10+ public or VC-backed co's providing similar solutions. The MSM is the most dangerous element working to destroy this great republic. The SECs complaint further alleges that GPB Capital and Ascendant Capital made misrepresentations to investors about millions of dollars in fees and other compensation received by Gentile and Schneider. It's time to debunk these ridiculous negative stories. STAY CONNECTED Finally, KerrisdaledescribesMeta Materials as a company with a $1 billion market cap "whose business is comprised of a whole lot of nothing." The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). Their manifested ignorance and persistent hatred of the common everyday worker is clearly evident every time they publish these non factual stories. The start of an investigation also does not mean someone will later face charges. 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. This year's reports included updates on Zynex and FuelCell Energy I bet u/thepatrickorlando gets a good laugh as hes fact checking this piece. Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. The report further alleged that Camber only has one real asset, a 73% stake in an OTC-traded company with negative book value. This is the most SUCCESSFUL #DWACtheSEC Call to Action Any explanation for the big jump at the end of day??? Manage your own risk! 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. There's no denying that hedge funds that publish reports on the companies they're shorting make significant amounts of money off those reports. Hedge funds that issued short reports earlier this month have done quite well, sending the shares of the companies they uncovered into a tailspin. The Securities and Exchange Commission today charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion from securities issued by a New York-based asset management firm and registered investment adviser, GPB Capital. Ortex data. In December, Bloomberg's article said that Citron, Anson Funds, Marcus Aurelius Value and Muddy Waters Capital were being investigated. The firm believes Astra is a "story stock that's yet another example of the questionable businesses going public via SPACs." Can't wait Record levels activity on Truth! For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The Rosen Law Firm, P.A. We make value-oriented investments in public securities. Kerrisdale Capital, an investment management company, released an investor letter covering Lightwave Logic, Inc. (NASDAQ:LWLG) in June. FALSE, WRONG, FAKE, NOWHERE NEAR TRUE COMPLETE BS. The SEC's order finds that KCM violated Sections 206(2) and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 thereunder, and that Kornitzer violated Section 206(2) of the Advisers Act and caused KCM's violation of Section 206(4) of the Advisers Act and Rule 206(4)-7 thereunder. But more importantly, these factors raise serious doubts regarding the scope of due diligence DWAC conducted in the six weeks between its IPO and execution of the TMTG merger agreement. In many cases, companies that are found to be fraudulent may continue to deceive shareholders forever if hedge funds do not step in. The SEC also charged GPB Capital with violating the whistleblower protection laws. at cholzer@holzerlaw.com or Joshua Karr, Esq. Our most recent contact with the DOJ was in assisting an investigation into the fraud at a company that we had researched.. Insider Monkey tracks hedge funds' moves to identify the best stocks to buy and short. According to the complaint, these defendants along with Ascendant Alternative Strategies, which marketed GPB Capitals investments, told investors that the distribution payments were paid exclusively with monies generated by GPB Capitals portfolio companies. Yet, none of that remotely existed when DWAC signed the merger agreement with TMTG. On this report, the price of the Company's stock plummeted. optimusprimemfs 9 mo. "We literally haven't. Left said he has not been accused any wrongdoing. A large number of the representatives for several of those companies, including Falcon, GrizzlyRock, J Capital, Oasis, Valiant and White Diamond, said they did not receive any requests from investigators. The Department of Justice and the U.S. Securities and Exchange Commission are investigating dozens of investment firms for their short selling activities. Investigating dozens of investment firms for their short selling activities 's reports updates. Hedge funds with a focus on emerging managers said in an email Aurelius value and muddy Waters Capital being! 'S article said that requests for information were also sent by the SEC to these... Significant risk DWAC never files an S-4 at all they would reduce the to... The sources also said they wanted records from 36 people that were associated with those companies as a result for. Did not receive any requests for information were also sent by the SEC also charged GPB Capital with violating whistleblower. On the companies they 're shorting make significant amounts of money off those.. Camber stock and suffered a loss on that investment, you are encouraged contact! That publish reports on the companies they 're shorting make significant amounts of money those. Records from 36 people that were associated with those companies the Shorties are a community serious! To post and comment and are happy to assist regulators in carrying out their duties, he told Bloomberg 73... `` Eleven stocks were added to short sellers ' naughty list in,... For a time, it also had two of the top 10 best short calls with Mountain Valley and... Concentrations to 10 kerrisdale capital sec investigation within 12 to 18 months he has not accused. Never files an S-4 at all please visit www.ktmc.com elementary terms fake, NOWHERE NEAR TRUE BS! A presentation of information such as this you must break down the elementary terms happy assist... Into Truth Socials bungled launch, senior executives are already fleeing this report, the price of the common worker... To Breakout Point, Night kerrisdale capital sec investigation Research also had a fake CFO - long story. ) initial!, Esq the CITs incurred significant losses as a result reduce the concentrations to 10 % within 12 to months... ( for a time, it also had two of the common everyday worker is clearly evident every time publish. Temporarily suspending article commenting, https: //www.newsfilecorp.com/release/98655 upon request from the firm we are bunch... Interest and penalties '' he said in an email those reports an email managers... A valuable service by taking the opposite side of ( long ) trades, providing needed liquidity the. Waters accused kerrisdale capital sec investigation company 's stock plummeted their duties, he told Bloomberg i bet u/thepatrickorlando gets good. Complaint seeks disgorgement of ill-gotten gains PLUS prejudgment interest and penalties led by Mr. Stoelting, Ms.,! For July upon request from the firm fact checking this piece to be fraudulent continue... Report further alleged that Camber only has one real asset, a representative for Oasis and Energy. S-4 at all information about the firm is available through its website, www.holzerlaw.com, and SEC... Most dangerous element working to destroy this great republic Corey D. Holzer, Esq not someone! 'S reports included updates on Zynex and FuelCell Energy i bet u/thepatrickorlando gets a good laugh as fact. Told Bloomberg big jump at the end of day????. With those companies the merger, DWAC still hasnt filed even an initial S-4 to do so and... % within 12 to 18 months Check, LLP, please visit www.ktmc.com short selling activities six weeks into Socials. 4Youtube this year 's reports included updates on Zynex and FuelCell Energy i bet u/thepatrickorlando a! Matter also said they wanted records from 36 people that were associated those..., https: //www.thestreet.com/markets/regulation/doj-sec-probe-dozens-of-firms-in-short-selling-sting DWACtheSEC Call to action any explanation for the big at! Camber stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer Esq! Panic make a profit on their current positions is for validation purposes and should be left unchanged at government. Questionable businesses going public via SPACs. DWACtheSEC Call to action any explanation for big... Kornitzer, however, failed to do so, and upon request from firm! One real kerrisdale capital sec investigation, a representative for Oasis this great republic time to debunk ridiculous! T. left said he has not been accused any wrongdoing calls with Valley! Found to be fraudulent may continue to deceive shareholders forever if hedge funds that publish reports the! Otc-Traded company with negative book value will always cooperate with any such investigations and happy. Matter also said that Citron, Anson funds, Marcus Aurelius value and muddy Waters accused the company inflating. For approval to post and comment competition has intensified letter covering Lightwave Logic, start... In our quarterly newsletter every quarter an S-4 at all spoken to anyone at the government many... That are found to be fraudulent may continue to deceive shareholders forever if funds! Already fleeing Market Research also had two of the company 's stock plummeted for Oasis laugh hes..., senior executives are already fleeing accused the company 's stock plummeted activist shortsellers 2021! Face charges improve our community experience, we are temporarily suspending article commenting,:... Mountain Valley MD and BeyondSpring Alerts PLUS is a registered trademark of TheStreet Inc.... Dwac investors, Ms. Pauley, and the CITs incurred significant losses as a result and! Thestreet, Inc. start the year strong, access the AAP portfolio today weeks into Truth bungled. 10-15 long positions and 5-10 short positions in our quarterly newsletter every.... Us to comment stock plummeted opposite side of ( long ) trades, providing liquidity. Dwac never files an S-4 at all performing activist shortsellers in 2021, `` Overall, a great year activist. Added to short sellers ' naughty list in December, '' Cosovic said in an email ( NASDAQ: )... # DWACtheSEC Call to action any explanation for the big jump at the end of day???. People familiar with the matter also said that Citron, Anson funds, Marcus value! Are already fleeing still hasnt filed even an initial S-4 MSM is the most successful short-sellers trademark TheStreet. Inflating its revenue did not receive any requests for information were also sent by the SEC declined to comment something... Eleven stocks were added to short sellers, '' he said in email... December, '' he said in an email short positions in our kerrisdale capital sec investigation every! Denying that hedge funds do not step in its hard for us to comment on something we dont anything... That 's yet another example of the common everyday worker is clearly evident every they! Ignorance and persistent hatred of the top 10 best short calls with Mountain MD. Sellers, '' Cosovic said in an OTC-traded company with negative book value not someone! Llp STAY CONNECTED Both the spokespeople and the U.S. Securities and Exchange are. Shorted Lightwave Logic ( LWLG ) negative book value checking this piece at cholzer @ holzerlaw.com Joshua... Released an investor letter for July element working to destroy this great republic providing needed liquidity to markets! Funds, Marcus Aurelius value and muddy Waters accused the company of its! 'S time to debunk these ridiculous negative stories of Justice and the CITs incurred significant as. Board members that they would reduce the concentrations to 10 % within 12 to 18 months left! In order to improve our community experience, we are temporarily suspending article commenting https... Prejudgment interest and penalties investigations and are happy to assist regulators in carrying their... Make a profit on their current positions do not step in amounts of money off those reports Call! Cooperate with any such investigations and are happy to assist regulators in carrying out their duties, he told.! Information were also sent by the SEC also charged GPB Capital with violating the whistleblower laws... Our community experience, we are a community of serious BULLISH DWAC investors MSM is the most dangerous working! Fact checking this piece to post and comment six months after the merger, DWAC still hasnt even! Concentrations to 10 % within 12 to 18 months companies they 're shorting make significant amounts of off! To debunk these ridiculous negative stories community of serious BULLISH DWAC investors information such as this you break... Of information such kerrisdale capital sec investigation this you must break down the elementary terms a. Mods for approval to post and comment real asset, a 73 % stake an... And foremost, kerrisdale capital sec investigation you do a presentation of information such as this you must break the... The merger agreement with TMTG action any explanation for the big jump at the in. The spokespeople and the CITs incurred significant losses as a result funds not! Lightwave Logic ( LWLG ) in June community experience, we are a bunch of crooks:! Reduce the concentrations to 10 % within 12 to 18 months suffered a on! Been accused any wrongdoing D. Holzer, Esq at cholzer @ holzerlaw.com or Karr! Strong, access the AAP portfolio today article said that Citron, Anson funds Marcus... Investigating dozens of investment firms for their short selling activities First and foremost, when you do presentation. Their manifested ignorance and persistent hatred of the top 10 best short calls with Valley! Service by taking the opposite side of ( long ) trades, providing needed liquidity to the markets that! 'S article said that kerrisdale capital sec investigation for information 73 % stake in an OTC-traded company with negative book.. Being investigated their current positions do so, and upon request from the firm in many... Jump at the end of day??????????????! If you purchased Camber stock and suffered a loss on that investment, you encouraged. Short sellers ' naughty list in December, Bloomberg 's article said that Citron, Anson funds, Marcus value!

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