Pre-Market 0.03 (1.82%) Throughout the previous years Citron Research, a dedicated "research" company, founded by Andrew Left, a questionable short seller, who has been sued and convicted by regulators as well as governments, has been publishing deliberate yet legal falsehoods made to pass as facts in order manipulate stock prices for own gains. Shares of Genius Brands International (NASDAQ:GNUS) plummeted on Friday, following bearish comments by Citron Research. Car bomb explodes in Somalia's capital, killing at least 20 people. Any decisions based on, or taken by use of, information obtained through Breakout Point and by its services are entirely at own risk. Finally, we look at the reply of CloudyThunder to another supposedly dubious Chinese business, Tianneng Power. Citron’s Andrew Left predicted a plunge “to $1...fast.”. Finally, after Grizzly, it was David Neuhauser from Livermore Partners who presented two stocks. Even with the lack of information about its heritage, this bud is thought to be a member of the Orange family thanks to its bright citrusy flavor and eye-opening high. Peloton Investors Must “Eat the Apple” and Accept the Truth 2020 Target Price – $5 . Citron’s Andrew Left predicted a plunge “to $1...fast.” “The lowest form of retail investor,” the short-seller and activist investor said in a tweet. The target, Hebron Technology (HEBT), is now down roughly 39%. In July, nearly half of the float had been shorted. Here is a video of our $HEBT presentation from yesterday @PodContrarian@BreakoutPoint@valuewalkhttps://t.co/mVi7ALH6pY. Wirecard HQ searched: After Friday's market close, it was reported that German prosecutors searched Wirecard offices, following a criminal complaint filed by BaFin for suspected market manipulation. This week, we recorded 4 new campaigns, with the targeted stocks trading 11.2% lower on average. Under the name Citron Research, Left publishes reports on firms that he claims are overvalued or are engaged in fraud. Citron Research unloads on GNUS investors. Genius Brands stock had just made new highs above $11 before Citron’s tweet and has crashed to just under $3 at the time of this writing. GNUS Genius Brands $1.18 / -0.03 (-2.48%) 07/10/20 Genius Brands rallies after report of Disney stake in POW! (Get full weekly report and stay on top of activist short selling developments - Join Breakout Point). MSGE should own a significant amount of land available for development. Published on March 1, 2021 March 2, 2021 Read Report. See Also: Why Genius Brands Is On A Massive Rally, Adding Nearly 2500% Value In A Month, To Citron Research, the developments didn’t warrant the dramatic price surge. Follow CITRON on Twitter Tweets by @citronresearch Recent Reports. MSGS owns two sport franchises which are undervalued by the market. According to our records, scrutinising activities of Robinhood users is becoming en-vogue among activist short sellers. GNUS Dilution Show full articles without "Continue Reading" button for {0} hours. 'Moving fast and breaking things in peoples' mouths': A research firm said SmileDirectClub has 85% downside just weeks after it notched the worst US IPO in 12 years (SDC) The stock has surged this week on the back of supposedly positive news provided by the company. While Citron Research is widely known as a “short selling” research firm, we must first say that we are deeply concerned about the turn of events in this country and would never use this platform to spread fear or undue panic as we wish for a speedy economic recovery for all countries. Moreover, both stocks should hold assets which should support Boyar’s valuation which points to the significant upside over the next two to three years. This should violate SEC regulations. Judging by his tweets, Left also believes millennials are the “lowest form of retail investor.” The stock plummeted about 50% from that high, and is … In just about 20 minutes, Grizzly presented why they believe HEBT is allegedly an insider-enrichment scheme rather than a normal operating business. Short positions on S&P 500 futures are at the highest level in 5 years (and this was as of last week) h/t @daniburgz for chart pic.twitter.com/vLxUg2Ex20. Citron Capital, the new hedge fund led by famed short-seller Andrew Left, gained 43% net of fees in 2019, Reuters reported Monday, citing a letter to investors. 'A Bagholder’s Guide to Why We Think Genius Brands Will Be a $1.50 Stock Within a Month'. Shorting selling is an investment or trading strategy that speculates on the decline in a stock or other securities price. The Argentinian asset should be even better than the Permian basis in the US. This is child's play.”. Citron Research Backing Up the Sleigh on Facebook December 26, 2018 - 2:51 pm; Twitter has become the Harvey Weinstein of Social Media December 20, 2018 - 2:51 pm; Everything Has Changed: The Big 5 Canadian Cannabis Companies Have Achieved “Platform Status” December 18, 2018 - 10:07 am At What Point Is … By Citron's calculations, Genius Brands can’t hold a candle to rival WildBrain. | Source: Twitter. Real-time trade and investing ideas on Microvision Inc. MVIS from the largest community of traders and investors. Wayfair is one of my top investment core positions in the stock market. Citron and its founder, Andrew Left, have a long history of identifying “terminal” and fraudulent business models, and they seem to be betting that Genius is heading for a reckoning. A number of short sellers is rather regularly flagging excessive stock price movements allegedly related to this group of retail clients. Benzinga does not provide investment advice. Homeless Americans fear vaccine conspiracies. Big data technologies for investment data and analytics. Citron flagged Genius Brands International Inc (GNUS) and American Airlines Group (AAL). Real-time trade and investing ideas on Inovio Pharmaceuticals, Inc. INO from the largest community of traders and investors. “What a complete joke. GNUS has seen its stock manipulated by the shorts, most notably- Citron and Hindenburg Research. “The lowest form of retail investor,” the short-seller and activist investor said in a tweet. This is Citron’s playbook. The expected launch of Kartoon Channel on June 15 is the primary reason behind the hype. Shorts have been buying and selling GNUS, booking massive profits in the process. Symmetry Invests believes the stock is undervalued due to the changes the company underwent. Seemingly high conviction, meant also seemingly high suffering for the short sellers, as S&P 500 closed about 5 percent higher this week. Genius Brands traded down 40% to $4.65 per share, sporting a $455 million market cap at the time of publication. Microsoft and partners may be compensated if you purchase something through recommended links in this article. Photo snippet courtesy of Nick Jr./Rainbow Rangers. Genius Brands International Inc NASDAQ Updated Mar 3, 2021 10:56 AM. Citron's reports are usually damning in tone, armed with a provocative headl The holding company also owns a stock portfolio which has been appreciating in the past. Previously GeoInvesting raised allegations in December of 2019. GET OUR LATEST REPORTS DELIVERED TO YOUR INBOX. On June 4, the day of the Citron's tweet, GNUS was as high as $11.73, which is about 226 times higher times than YTD low of $0.0516. Citrus, genus of plants belonging to the rue family (Rutaceae), and yielding pulpy fruits covered with fairly thick skins. On June 4, the day of the Citron's tweet, GNUS was as high as $11.73, which is about 226 times higher times than YTD low of $0.0516. They described many supposedly undisclosed related-party transactions where the key insider, Bodang Liu, should have made a profit on dealing with HEBT at the expense of shareholders. “[J]ust got corrected…$2 BIL mkt cap for $GNUS,” Left said shortly after his first tweet. However, the stock is still heading higher and has shrugged off the report. Closing price and trade volume of GameStop Corp. (GME) from January 4, 2021, to February 5, 2021 In January 2021, a short squeeze of the stock of the American video game retailer GameStop (NYSE: GME) and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. This was visible this week with Hebron Technologies (HEBT) an alleged ‘China Hustle 2.0’ stock targeted by Grizzly. The children’s entertainment company announced early last month it would merge its “Kid Genius Cartoon Channel” and “Baby Genius TV” into a digital network. Andrew Edward Left (born July 9, 1970) is an activist short seller, author and editor of the online investment newsletter Citron Research, formerly StockLemon.com. Here's how cities are intervening. By the close of trading, Genius Brands' stock … Shorts can make a lot of money trading on bad news. Citron vs Robinhoodies: This week, Citron tweeted negatively about two of the most popular stocks among Robinhood users. The stock plummeted about 50% from that high, and is now 'only' about 114 times higher than YTD low. First, it was Jonathan Boyar of Boyar Value who presented Madison Square Garden (MSGE/MSGS), a set of companies which should be undervalued due to misperception by the market. Our Response to Clover: Regular Investors And Senior Citizens Shouldn’t Be the Last to Know. The company also announced the debut of a toy line for its “Rainbow Rangers” show. CEO Andy Heyward called it a free “Netflix for kids” and, in an appeal to today’s parents, an “economic vaccine for COVID-19.”. Real-time trade and investing ideas on Vuzix Corp VUZI from the largest community of traders and investors. The other stock presented was Solgold, a copper and gold miner with similar attributes. As of the latest European short disclosures, Wirecard is the second most shorted DAX company, behind Lufthansa.TCI Fund Management and eight other money managers are holding the biggest short positions in Wirecard: It seems that the short-seller who started in 2019 with their campaigns is now increasingly influential and the market pays close attention to what they have to say about public companies. Citron’s Andrew Left predicted a plunge “to $1...fast.” “The lowest form of retail investor,” the short-seller and activist investor said in a tweet. So many cultivated species have come from so few primary ancestors. Like us on Facebook to see similar stories. Boyar Value views this as false. The services and any information provided by Breakout Point or on the Breakout Point website shall not be, or construed to be any advice, guidance or recommendation to take, or not to take, any actions or decisions in relation to any investment, divestment or the purchase or sale of any assets, shares, participations or any securities of any kind. Why Genius Brands Is On A Massive Rally, Adding Nearly 2500% Value In A Month. The market should see both as having poor corporate governance and dubious business plans for the future. Know what influential investors and activists do. Weekly short selling bits and pieces: "Send your resumes to Omaha," said Citron to Robinhood clients; Ouch for S&P futures bears; Wirecard HQ searched by German prosecutors. We told our readers at the time to ignore Citron and focus on the big picture. GNUS has seen its stock manipulated by the shorts, most notably Citron and Hindenburg Research. The fact that Hindenburg Research published a short report  titled 'A Bagholder’s Guide to Why We Think Genius Brands Will Be a $1.50 Stock Within a Month', a day after Citron's flag, did not help to about 141k Robinhood's users holding GNUS: !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); The Bears are down: As per below chart, the bears have entered this week with the highest level of short positions in S&P 500 futures in five years. Twitter Seeking Alpha Stocktwits; Ormat: Dirty Dealings in ‘Clean’ Energy. As per usual, we also update readers on the developments at GSX as Grizzly Research released a follow-up report this week. Cheap stock about to flood the market. Consider: LTM $GNUS rev $5 mil mkt cap $800 mil compare to leader WildBrain (teletubbies) LTM revenue of $332 million mkt cap $175 mil Not to mention massive dilution at $GNUS. North Media should have improved its operations in the past three years and the only underperforming segment was sold. Much of that downside occurred right after the conference. We highlight Grizzly’s report on another China Hustle 2.0 stock which was presented during a virtual investment conference alongside other three ideas. © 2020 Benzinga.com. Citrus, in many ways, stands alone. Share Tweet Email. Now, just 12% of the float is short. Any information obtained through Breakout Point and its services should never be used as a substitute for financial or other professional advice. The investigation is apparently targeting members of the board, and not the company. All rights reserved. They have accessed GSX’s internal database and allegedly found actual enrolment numbers for each course. In the last 12 months, Genius Brands recorded $5 million in revenue and an $800 billion market cap compared to WildBrain’s $332 million in revenue and $175 million market cap. Citron flagged Genius Brands International Inc (GNUS) and American Airlines Group (AAL). During the conference, the stock was already down over 10% and ended lower by over 35% in just one day. The last stock they executed their strategy on was Inovio Pharmaceuticals. One O&G company, Vista Oil and Gas, which should be attractive due to their underlying assets in Argentina, their overall cost basis and the growth potential. These supposedly went unnoticed by the market. Citron, also known as “Citron OG” or “Citron Kush,” is an evenly balanced hybrid strain (50% indica/50% sativa) created through crossing the infamous OG Kush with another unknown hybrid strain. Economically important plants in this group include the lemon (C. ×limon), lime (C. ×aurantiifolia), sweet orange (C. ×sinensis), sour orange (C. ×aurantium), tangerine (C. * Note: Presented data and analytics is as of available on 2020-06-06, UTC 12:00. Stock Promotion, — Citron Research (@CitronResearch) June 4, 2020. $GNUS to $1...fast The lowest form of retail investor. During the conference we also saw three other ideas being presented, all of them on the long side. Andre Edward Left is known as the best scammer surpassing Jim Cramer. Both stocks should have a similar catalyst whereby large companies should be interested in acquiring the companies to further develop their assets. GNUS 1.65 0.05 (2.66%). Second, it was Andreas Aaen from Symmetry Invest A/S, a Danish-based L/S fund, who presented North Media A/S a mini conglomerate based in Denmark. Entertainment 06/11/20 Disney-focused blog circulates Genius Brands rumor 06/05/20 Genius Brands 'will be a $1.50 stock within a month,' Hindenburg says 06/04/20 Citron Research says Genius Brands shares going to $1 'fast' I repeatedly warned investors for Andrew Left a professional scammer on companies as Nvidia, Ubiquiti Networks, Intuitive Surgical and Wayfair to name a few. Genius Brands stock is up 1,334% in 2020, even after shedding 50% since June 3. The initial report was given in the form of a presentation during the 2nd Contrarian Investor Virtual Conference hosted by the Contrarian Podcast, ValueWalk and Breakout Point.