The battle for Herbalife (HLF) is heating up once again. QTR Research most recently outlined its short thesis on Herbalife’s stock ahead of a documentary’s release, a movie about Pershing Square Capital manager Bill Ackman’s $1 billion short bet on Herbalife and his drive to expose the company as a pyramid scheme. It looks like the Titanic found its iceberg.
Continue readingSEC Filings: Forms You Need To Know For Hot Stock Picks
Most people would prefer to avoid reading never ending documents whenever they can, but lengthy 8-K SEC filings are a necessity for the serious investor. We shed light into this topic and show examples on how you can speed up your research significantly.
Continue readingHarvest Capital Strategies LLC disclosed a 6% stake in MeetMe
There’s nothing wrong with acquiring other companies so that a company can shore up its business or expand services. But MeetMe is a young company that appears to be growing quickly mainly through its acquisitions, and that’s problematic.
Continue readingVideo Ray Dalio at The New York Times New Work Summit on Bridgewater’s Distinct Culture
Ray Dalio and New York Times editor Charles Duhigg have a powerful conversation about how Ray has built a strong value-based culture at Bridgewater that encourages creativity, excellence and innovation at The New York Times second annual Work Summit.
Continue readingShort Thesis – the strange tale of WINS Finance Holdings
Wins’ stock valuation is a puzzle. Investor Jacob Ma-Weaver, at Cable Car Capital, notes that most of the stock’s gains occurred on tiny volumes of odd-lot trades and end-of-the-day transactions. Some 40% of Wins’ trades on a recent day were for one share apiece. On March 09th 2017, the obscure Chinese financial company, headquartered in New York, trades at $315. Yes $315. That is not a typo. Up +1200%.
Continue readingThe Voting Machine and a Different Kind of Bubble
Ben Graham, the father of value investing, once said of the stock market, “In the short run, the market is a voting machine but in the long run it is a weighing machine.” To Graham the market was like a popularity contest. Investors “vote” for a stock out of considered enthusiasm for its prospects. Results however are determined in the long run as profits are “weighed” year after year and intrinsic value is revealed.
Continue readingEngaged Capital Calls on the Board of Rent-A-Center Inc. to Immediately Begin a Strategic Alternatives Process
Under the current Board’s supervision, Rent-A-Center’s shares have declined by over 75% in just over two years. Say hello to the Titanic.
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