tea and lemons 768x512 1 "Bounty Hunter of Wall Street" Thinks Crypto Is Just A Scam

“Bounty Hunter of Wall Street” Thinks Crypto Is Just A Scam

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-Andrew Left, who founded StockLemon.com (later rebranded to Citron Research) in 2001, is not a fan of crypto.
-Citron Research has been publishing columns for over 17 years, making it one of the longest-running online stock commentary websites.
-Left is an activist, short seller, author and editor of the online investment newsletter Citron Research, formerly StockLemon.com.
-Under the name Citron Research, Left and his investigative team publish reports on firms that he claims are overvalued or are engaged in fraud.
-Left is known for advising investors on short selling and has often appeared on various media outlets such as CNBC and Bloomberg to talk about his opinions on stocks.
-On 8 June 2017, the New York Times Magazine published an article about Left titled The Bounty Hunter of Wall Street.
-The article said that Left is what is known as an activist short-seller. After he places a bet against the price of a stock, he then publishes research designed to torpedo the companys value, often by airing accusations of fraud or abuse.
-Left takes short positions in companies across a whole range of industries Tesla, Valeant, GoPro and though he makes mistakes, he has an unusually high success rate.
-Yesterday, Reuters reported that when asked at a conference about fraud in financial markets where he saw potential fraud, Left told the audience: I think crypto is just complete fraud, over and over and over.
-The Reuters report also mentioned that last year announced his company would stop publishing research highlighting companies shortcomings and shift to writing about companies he thought might be worth buying.

 

 

tea and lemons "Bounty Hunter of Wall Street" Thinks Crypto Is Just A Scam
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