Business, Business News, Finance, Investment Firms

Sahm Adrangi Thinks QuinTech’s Price Will Drop

When Sahm Adrangi makes a short-sale investment, he isn’t hoping that the company does well. In fact, his investments are into companies with poor business practices and ethics that are doing well by dishonesty and skewed fact reporting. A value investor, Sahm Adrangi invests into companies that he just does not like. A short sale attack is relatively simple but extremely risky if done incorrectly. In order to complete one, the investor must borrow stocks of the company they are interested in and immediately sell them. In theory, when the stock price drops enough they will purchase them at the much lower price and sell them back to the lender. A lot of investors have executed their attacks improperly by predicting stock price drops that just never happened, or sometimes they just gave up too soon. It’s definitely not a short-term investment in most cases.

Sahm Adrangi is a very talented investor with many years of experience despite being young. He has shorted biotech companies pushing ineffective drugs to investors during their trial stages, fraudulent companies based in China but trading on the stock market in the United States, and even mining companies to name just a few. He specializes in certain areas and he is very good at it. This is why people are paying very close attention to Kerrisdale Capital’s negative report that was issued about the company QuinTech that specializes in marketing online.

The report indicates some rather concerning problems with their recent rise in revenue. Mainly that it is all completely bogus and is only coming from fake web traffic. QuinTech caught the attention of Sahm Adrangi when their stock rose by around 400% based on this increased revenue, but most of it only came from one of their customers. There is a lot of evidence that was found by Sahm Adrangi’s research that was conducted by Kerrisdale Capital that the traffic that their clients paid them to generate to their site was mostly done by bots on the internet instead of actual real-life humans. If this is true, not only has QuinTech misled their investors, they are ripping off their customers.

 

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

Finance, Money, US Money Reserve

US Money Reserve’s Contribution in Helping the Victims of Hurricane Harvey

After a catastrophic atmospheric condition, many are left homeless, with nothing, not even a blanket to cover them. This is what happened to 39,000 people who were displaced from their homes when Hurricane Harvey hit the coast of Texas. The hurricane which stated on August 25 lasted for about six days. Peaking on September 1st. The hurricane was categorized as a category 4 with lots of damages. One-third of Houston area was submerged on that fateful 1st of September.

If you live in Texas, then the spirit of helping your neighbor is not new. This is what happened at that time. Churches, businesses, and other individual donors came together to contribute their finances as well as time to see to it that the displaced people will have a place to call home. US Money Reserve is one of the many organizations that contributed generously. The company raised about $100,000 which when added with the money that came from Austin Disaster Relief Network (ADRN) reached a figure of $219,622.

ADRN is a non-profit organization that gets its money from private donors, business around Austin Texas, donations from over 175 churches and volunteer services from the people. The group helps victims of any major or minor catastrophe that affects the people of Austin and Texas at large.

According to Angela Koch who is the CEO of US money Reserve, they as a company have a legal duty to help fellow citizens. She stated that the hurricane could have impacted any person and that she understands how expensive it can be to rise again after being affected by such an intense hurricane. Us money reserve was pleased to help. ADRN on the other and were happy to receive the contribution. Through Daniel Geraci who is the Executive Director of ADRN, the organization said that it is contributions like that made by US Money Reserve that has made them remain in this noble course of helping those in need.

US Money Reserve is the largest company that deals with US government-issued gold, platinum, and silver coin issuance yet it is privately owned. The company has an excellent reputation for combining expertise with exceptional customer care. They help people invest their money in US coins. The company was founded back in 2011 by Philip N. Diehl who had significant exposure in the field of precious metals. Philip who was previously working as a United States Mint Director aims at giving Americans financial freedom by giving them the best returns. Learn more: https://www.prnewswire.com/news-releases/us-money-reserve-partners-with-austin-disaster-relief-network-to-raise-over-215000-for-hurricane-harvey-victims-300559046.html