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Sahm Adrangi's Kerrisdale Capital up 73.2% in Q1


claphands22
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I learned the hardway about investing in Chinese reverse takeovers. I purchased debs in Noble China and ended up with 10Cents on the dollar when co. insiders stole everything.  I still have a problem with outfits like Citron however. There is no question that the short side exposes scams and profits from it which is a good thing. I still remember their tactics with FFH however.

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  • 5 years later...

First the cocaine bust now this...

 

http://www.zerohedge.com/news/2017-04-10/prominent-short-seller-crushed-after-att-buys-straight-path-160-premium

 

The short euphoria in the stock was largely due to an ongoing short campaign by prominent short seller, Kerrisdale Capital, which had been waging a long-running campaign against the company, and reiterated as recently as January that it continued to be short.

 

Poor guy...

 

 

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