All Rights Reserved. However, LifeMD's shares will likely be highly volatile now that this report is out there, and I'd think twice about initiating a position in this healthcare stock anytime soon. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Here is what I think: These scumbags are going after companies with low institutional/high retail stocks that are on fire, to take advantage of panic. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. Apparently, this was not the case . | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn They have a financial motivation for doing so -- they want the stock price to go down. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Please. All rights reserved. 831 Words4 Pages. Sign up below to get this incredible offer! All rights reserved. Did these scumbags have any insider information? Are u selling or still holding? Skip to Main Content. What kind of manipulation and block trades? Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. On May 4, an anonymous short seller, "Culper Research," launched an attack on Aterian (ATER), a company that uses artificial intelligence to find, acquire, and launch popular consumer goods businesses. This drop over the last month or so has torched like 9% of my portfolio, real quick. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Our Team Account subscription service is for legal teams of four or more attorneys. REKR reported $245,000 in Oklahoma revenue for itself, and $1,000,000 in revenue for the state of Oklahoma - "over 25,000" notices of non-compliance were issued, but REKR . The Xometry Short Report. Investors should probably take this allegation with a grain of salt, as Culper Research is an anonymous outfit and the author of the report is a mystery. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. I bought this stock after Citron recommended it. Did they not look into this and see all this??? Holders of short positions trade on an expected decline in the price of a stock. Following publication of any research, we intend to continue transacting in the securities covered herein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation, conclusions, or opinions. For example, on April 11 Veru announced its Covid-19 drug brought down the mortality rate by 55% but the Culper report said that this was a manipulation of how high mortality rates were with Covid-19. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. I have not but wouldn't it stand to reason that a smaller company entering the space would need to spend more to build brand awareness?
Defamation Suit Against Research Company Over Alleged 'Short-and To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the securities covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. Note: We do not offer technical support for developing or debugging scripted downloading processes. I'm hoping one of you all much smarter people could help here and maybe start to connect some of these dots to pull down the veil a bit from these shady scumbags. The short is also correct that the 9380 lockup expires in June, which means that Aterian's biggest shareholder will be free to start selling shares that were acquired for pennies.
Core Scientific Short report by Culper research Deep Dive Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. On Wall Street, H.C. Wainwright dropped Blink Charging to a Neutral rating from Buy last week on a valuation call that did not allude to any wrongdoing at the company..
Culper on Twitter Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders.
LifeMD falls after new short call from Culper Research This suit was surfaced by Law.com Radar. They short the company, post these reports, and reap the benefits of people over reacting. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Were short sellers putting together a scam? 1125 N. Charles St, Baltimore, MD 21201. Please disable your ad-blocker and refresh. The Motley Fool has a disclosure policy. At this point, the connection between all these entities and Culper is unclear, beyond the fact that Culper posted the response to Ma-Weaver/Cable Car Capital's SEC FOIA request back in December. Accounting issues always cause stress for investors. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . All expressions of opinion are subject to change without notice, and Culper does not undertake to update or supplement this report or any of the information contained herein. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Yes, the two executives were at Redwood Scientific. Use of Culper Research's("Culper") research is at your own risk.
White Diamond Research | About Us Yes, in the short term, a short attack on a small cap will often send shares down, and Aterian's stock has dropped 35% since the report came out. Veru Inc. (VERU) fell 6.7% after Culper Research released another short report on the oncology-focused biopharmaceutical company.Culper alleged in the report that at baseline, the.
This cant be right ? Time to Buy? 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Significant to regional and national historical narratives, SBU's letters were authored in 1779 and 1780 and document espionage activities in the Three Village area of Long Island, New York, the . Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War. On the other hand, the stock dropped 25% . Jan 21, 2021 1:53PM EST. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. All expressions of opinion are subject to change without notice, and Culper does not undertake to update or supplement this report or any of the information contained herein. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
VERU Stock Could Face Difficulties If the Culper Research Report Is Learn More. You should assume that Culper (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a position in any securities covered herein. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. We also invite anyone who has any information regarding the persons or entities behind Culper Research to contact the Company at the Investor Relations email address or contact number provided below. 1-2, 13). Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. $10/person - click to reserve your spot! One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. Making the world smarter, happier, and richer. But there are some warning signs here.
The Culper Ring During The Revolutionary War | ipl.org The suits defamation claims center on a Culper report and investor alerts accusing LifeMD principals of engaging in fraud at a previous company and using unlicensed doctors to dispense medications. Also, apparently, most of the patients in the study were outside of the U.S. You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link .
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Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.".
Treace Medical plunges on new short report from Culper Research The publication of the report and the tweet thread come hot on the heels of the news that the Food and Drug Administration (FDA) has set a pre-Emergency Use Authorization (EUA) meeting date to discuss that phase 3 study data. Further, Culper Research thinks LifeMD is engaged in fraudulent and illegal activities that are similar to those of Redwood Scientific, a company that faced severe legal penalties at the hands of . Our second option allows you to build your bundle and strategically select the content that pertains to your needs.
Mariner Research Group - Deep research in a shallow world The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. At just 150 patients, the trial is a . Further, Culper Research thinks LifeMD is engaged in fraudulent and illegal activities that are similar to those of Redwood Scientific, a company that faced severe legal penalties at the hands of the U.S. Federal Trade Commission (FTC) back in 2018. Join The Legal Intelligencer now! The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. Veru(NASDAQ:VERU) is set to discuss on May 10 with the Food and Drug Administration a pre-Emergency Use Authorization (EUA) meeting for its Phase 3 Covid-19 drug, sabizabulin (VERU-111). Managing Partner, Chief Investment Officer. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors.
It stinks like a skunk to me, but Im not smart. Also, did you notice that there are now at least half a dozen law firms trolling for members to a class action lawsuit against Life? It seems clear to us that this report is an attempt by a short seller to negatively impact . Target Stock is Down Nearly 40% From Its High. Reference ID: 0.9d8f1402.1677945178.3b82c472. Shouldn't you, at a minimum, audit the financials before you pay $25 million in cash, and give up 4.22 million shares ($60 million at current prices), and agree to acquire a $15 million promissory note? "We believe that the Company has vastly exaggerated the size of its EV charging network in order to siphon money from the pockets of investors to insiders.
Culper on Twitter Customer Service| By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. However, such information is presented as is, without warranty of any kind whether express or implied. 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients.
Adam s cook | Culper Capital Partners Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Making the world smarter, happier, and richer. On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. Between the Hindenburg "Report" (a series of tweets), some firm called Culper Research (who seems to have a mediocre track record), and multiple YouTube videos, investors have a lot to consider. I like pain so I'm holding and also bought 400 more shares at $9, sitting at 2,000 shares now with a $16 cost basis, plus August calls with $15 strike that I bought just before market close yesterday. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . Verified account Protected Tweets @; Suggested users The publisher of this false . CleanSpark Investigating Short Seller Culper Research. Cost basis and return based on previous market day close.