culper research legit
The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress Special Collections, a division of Stony Brook University Libraries (SBU Libraries) is the owner and steward of two American Revolutionary War-era, Culper Spy Ring letters authored by George Washington. Click to reserve your spot! In the near term, anything can happen to a stock price. Feel like going after another group of asshole short sellers trying to screw over us regular investors? PDF Disclaimer - IA Rugby.com Do these allegations sound legitimate or a . On the other hand, the stock dropped 25% . Alpilean creator (Zach Miller) and medical research editor (Dr. Matthew Gibbs) medically concluded that the longest-lived people on the planet use a "secret trick" on the Alpine ice every night. On the other hand, shorts are always future buyers of your stock. The Xometry Short Report. Culper Short Report : r/LFMD - reddit Core Scientific Short report by Culper research Deep Dive White Diamond Research | About Us Yes, it works for cancers, but it does the same to all normal tissue. 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. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. Skip to Main Content. Published. Five days later, the short report came public. This is set for next Tuesday, May 10. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. Learn More. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Site Map, Advertise| Nasdaq If You Invested $1,000 in Veru in 2020, This Is How Much You Would Have Today, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? The report . Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? 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? Investors could turn away from the company in droves if the researcher's allegations have merit, however. I think the only scary about the report is that some executives at LifeMD, used to work at Redwood Scientific, which was shut down by FTC upon fraud. Shares of healthcare services provider LifeMD (LFMD 1.68%) are plunging on Wednesday and were down by 22.3% as of 3:45 p.m. EDT. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. Published on June 1, 2022 June 3, 2022. Culper makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. So the names of the defendants in the lawsuit against Redwood were as follows. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. Picture this: Benedict Arnold, one of the United State's (U.S.) most infamous traitors and John Andre are successful in conspiring to attack West Point in 1780 ("The Culper Spy Ring," 2010). To hide from slander cases, perhaps?). Blink claims that 'EV drivers can easily charge at any of its 15,000 charging stations,' but we estimate the Companys functional public charging station network consists of just 2,192 stations, a mere 15% of this claim.". Invest better with The Motley Fool. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Law360 (September 20, 2021, 7:52 PM EDT) -- A negative report from stock research firm Culper Research about telehealth company LifeMD Inc. was part of a "short and distort" stock scheme to defame . This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. The Motley Fool has a disclosure policy. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. Aterian issued a press release to respond to the short attack. That's what happened to the shorts in the Gamestopfrenzy earlier this year. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities covered herein. 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. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 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. This implies that it could end up wasting a lot of its cash if the Phase 3 clinical study is not successful in obtaining FDA EUA approval. 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. Federal Judge: Lancaster Investment Firm, Executives Must Pay $2M in Civil Penalties, Restitution, Special Master in MoneyGram Feud at SCOTUS Has Surprise Change of Mind, In Jackson's First Majority Opinion, SCOTUS Curbs Delaware's Collection of Unclaimed Property, Class Action Accusing BOA of Inadequate Notice Before Reposessions Hits Federal Court, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Culper research countered with a well-timed short report tweeted at 8:05 AM spreading fear in the minds of longs that something was wrong going into the investor call. Cost basis and return based on previous market day close. I guess my last point is - how much of yesterday's decline is attributed to a short report from a company with a terrible track record vs. attributed to why the stock has declined between the earnings and short report? And, the marketing expense for RexMD by Culper is just an "estimate". Sign up below to get this incredible offer! Managing Partner, Chief Investment Officer. In this conversation. I Got the 'SOS', So Here's My Take on the Stock's Saga Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? Why Veru Stock Plummeted on Monday | The Motley Fool I do wish to raise two issues: Rivington and my background. 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. Meanwhile, almost six months after the acquisition, the audit has finally been completed, and Aterian finally filed its (late) numbers with the SEC on May 14. However, the language in the response letter uses terms like "we are withholding documents that may be responsive" which Culper and co. are using to lead investors to the conclusion that such records do in fact exist and that an investigation into likely what Culper just detailed in their "report" is ongoing. On October 31, 2019, Culper Research published a scathing report detailing reasons Culper Research believes the Company's internal review "was a farce, and shares are ultimately worthless." The problem is this is a highly speculative play for most investors. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. At least we have some idea what the manipulation and block-trades that drove this down from $18 to $12 were (culper & friends getting into proper short position before dropping this report). Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CleanSpark Reports First Quarter FY2023 Financial Results, CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results. from 8 AM - 9 PM ET. Blink Charging lower after short seller powers in with accusations Investor Alert: Kaplan Fox Investigates Potential - GlobeNewswire News Room SOS Stock: Is it Buy the Bounce or Run Like Hell? Christian Lamarco - New York, New York, United States - LinkedIn No LFMD executives were charged. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. They short the company, post these reports, and reap the benefits of people over reacting. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. That request was submitted in December 2020 and according to the SEC FOIA request logs, was done so by a Jeff Bourland linkedin on behalf of an unknown entity, perhaps the "Family Office" listed on his Linkedin. Sucks. what are you doing after this report? Why would the block trades be significantly lower than current stock price at the time? Treace Medical plunges on new short report from Culper Research Law Firm Investigating Bitcoin Miner Core Scientific for Alleged If you're a natural optimist, shorts are handy as a devil's advocate, reminding you of all the bad things that can happen to your stock. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. 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.. Im holding on to see the company response. Please declare your traffic by updating your user agent to include company specific information. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. Treace Medical Concepts (TMCI) dropped 17% after a new short report from Culper Research.Culper Research says it's short the stock.Treace Medical (TMCI) didn't immediately return. It's important to remember that there are two sides to every story. "Tomorrow's report features two felons, two alleged scam artists, a CEO with a failed crypto hustle, and what we think is a wildly overhyped, deteriorating business facing existential risk." To make the world smarter, happier, and richer. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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 . 1-2, 13). Culper Spy Ring Thesis - 167 Words | Bartleby Veru has a market capitalization of $750 million at $8.46 as of May 6. Invest better with The Motley Fool. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. This cant be right ? For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. 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. Dont listen to shitron in the first place, that guy is the worst, Did some research, seems like Dr Badii is no longer with RexMD. What should investors make of the allegations brought forth by Culper Research? Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful deployment energy solution on the project, the fitness of our energy software and solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. The report seems to imply that Veru will be another failure just like other drug companies the management has run. culper research legitmichelle fleury ancestry. CleanSpark has retained the law firm of Wilk Auslander LLP in connection with this matter and will be vigilant in investigating the sources of these misrepresentations, including the identity of those veiled behind the entity calling itself Culper Research. Here's what the company said in part. "We believe that the Company has . The Motley Fool recommends Aterian, Inc. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. License our industry-leading legal content to extend your thought leadership and build your brand. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Read the complaint here: To view this content, please continue to their sites. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. Not only has Aterian has not disclosed that its largest acquisition was from a felon who served prison time, but despite 5 elapsed months, the Company has failed to provide audited financials for the Smash Assets, leaving its S-3 shelf filing ineligible. 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. 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.
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