Watch the full interview here… more. Muddy Waters peels back the layers, often built up by seemingly respected but sycophantic law firms, auditors, and venal managements. Read More. We estimate that — prior to any tail revenue adjustment — it takes EHTH nine years to fully collect each dollar of Medicare Advantage revenue it books. We are short GSX because we conclude that it is a near-total fraud. We also adjust reported op… more. We note that the FCA has announced it is probing these misstatements. Second half net realized gains were paltry, despite Burford seemingly having strong incentive to prove that it can monetize the investments on its ever-expanding balance… more. We are short NMC Health plc.
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He taught himself the guitar and harmonica and by age 17 decided he wanted to be a musician. Muddy was raised by his grandmother who lived and worked on the Stovall Plantation. They were a family of sharecroppers. Muddy was the first blues musician recorded for the Library of Congress historical records in
Chinese video streamer giant iQiyi accused of fraud
Intellectually, it's fraudulent. Santa Clara-based eHealth ended Wednesday down The stock has held up well so far this year, rising Block also casts doubt on eHealth's growth since , saying it's been driven largely by direct response TV advertising. That strategy has resulted in acquiring customers with high churn rates, he added. The high-churn customers complicate eHealth's revenue models, which are based on "higher-quality, stickier enrollees," Block argued. Activist firm Wolfpack Research released a report on Tuesday, alleging that iQiyi "was committing fraud well before its IPO in " on the Nasdaq, and it's "continued to do so ever since. Muddy Waters assisted Wolfpack in the research. IQiyi pushed back against the report, saying it believes it contains "numerous errors, unsubstantiated statements and misleading conclusions and interpretations. In January, Block announced he was shorting the Chinese coffee chain and accused it of fraud.
Muddy Waters Research LLC is a privately held due diligence based investment firm that conducts investigative research on public companies while also taking investment positions that reflect their research. The firm is best known for spotting fraud at Sino-Forest Corp , a Canadian-listed Chinese company whose stock fell 74 percent before it eventually filed for bankruptcy protection in March Muddy Waters was founded by Carson Block , an American short-seller. In , Block was named as one of the "50 most influential people in finance and investing" by Bloomberg Markets magazine.