muddy waters short ehth
The firm has exposed accounting problems and fraud at several companies, primarily in China but also in other countries in Asia, Europe and North America. Not disputing anything Muddy Waters is trying to convey but this is an interesting read posted on Yahoo Finance yesterday. Clermont Group disclosed a . They then sell borrowed stock in the target companies — known as “selling short” — expecting share values to fall when they publish their findings. Muddy Waters Research, Muddy Waters Capital and/or the Muddy Waters Related Persons intend to continue transacting in the securities of Covered Issuers for an indefinite period after an initial report on a Covered Person, and such person may be long, short, or neutral at any time hereafter regardless of their initial position and views as stated secretive billionaire has publicly taken the opposite side of a trade from short seller Muddy Waters Capital LLC will work out better than the first. EHTH’s highly aggressive accounting masks what we believe is a significantly unprofitable business. Short sellers then buy target-company shares at lower prices to replace the borrowed stock and pocket the difference. Short seller Muddy Waters said Wednesday it's shorting eHealth, Inc. (NASDAQ: EHTH) due its accounting techniques which obscure what is actually an unprofitable business. Based on variable costs alone, we estimate that EHTH will lose approximately -$135 from each MA member it enrolled in 2019. We adjust 2019 revenue … (RTTNews) - Shares of eHealth, Inc. (EHTH) are currently down over 15% on Wednesday morning trade after Carson Block's Muddy Waters Research shorted the … Short sellers like Muddy Waters often conduct research on companies they suspect of being overvalued. Muddy Waters Research LLC is an American privately held due diligence based investment firm that conducts investigative research on public companies while also taking investment positions that reflect their research. If also including fixed costs, our per MA member loss estimate becomes -$402. Muddy Waters Press Release regarding eHealth.
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