Citron Research and Separating Pitches from Pumping
valuezoomer.substack.com
Famed short seller Andrew Left is known for damning short reports that have taken down numerous frauds over his 20 years at Citron Research. However, in early 2021 on the back of the Gamestop meme squeeze he shifted his fund to be long only. He still releases research on companies, but is now only focused on the long side having presented pitches for $WISH, $INVZ and $GEO. This research has received criticism from many for being over promotional and biassed, with the subsequent rises and falls in price from Wish and Innoviz inviting accusations of ‘pumping’. I want to take a closer look at Citron’s research, and identify how we separate a stock pitch from a stock pump.
Citron Research and Separating Pitches from Pumping
Citron Research and Separating Pitches from…
Citron Research and Separating Pitches from Pumping
Famed short seller Andrew Left is known for damning short reports that have taken down numerous frauds over his 20 years at Citron Research. However, in early 2021 on the back of the Gamestop meme squeeze he shifted his fund to be long only. He still releases research on companies, but is now only focused on the long side having presented pitches for $WISH, $INVZ and $GEO. This research has received criticism from many for being over promotional and biassed, with the subsequent rises and falls in price from Wish and Innoviz inviting accusations of ‘pumping’. I want to take a closer look at Citron’s research, and identify how we separate a stock pitch from a stock pump.