Tag Archives: Investment Firm

Kerrisdale Capital And Sahm Adrangi Release Negative Report Concerning Kodak’s Latest Stock Prices

Sahm Adrangi is the head director at Kerrisdale Capital, a management and investment firm that operates in the private sector. Sahm and Kerrisdale Capital released a report recently on their thoughts of the Kodak Company and their recent dramatic rise in stock prices. While Kodak has been in the industry for many decades and has been highly successful at one point, today they are on the low end with lacking technology to meet the competitive market’s needs.

Eastman Kodak made an announcement that they were in partnership with a cryptocurrency group, which saw their stocks rise tremendously the following day. Unfortunately, Sahm Adrangi believes that this announcement timing was an attempt by Kodak to profit off the initial interest due to cryptocurrencies effect on the market these days. Kerrisdale’s report explained that this was a shady business practice that was nonsensical and was designed by a management team with zero credibility. Sahm also believes that despite this last attempt at recouping funds, Kodak will ultimately fall anyway because of their lacking technology and business fundamentals which will not produce results or profits.

Kerrisdale is standing in the short position on Kodak, which means they will profit in the instance that Kodak shares decline. Sahm Adrangi held a conference to discuss this report on Kodak in February.

Sahm’s experience is attributed to his strong educational background coming from Yale University and the many years he has spent in the practice today. He has taken Kerrisdale Capital from a million dollar company to assets surpassing more than 150 million dollars today. Sahm Adrangi learned a great deal during his time at prestigious investment companies such as Chanin Capital Partners and Longacre Management Fund. Sahm Adrangi will continue to use his investing insight to build Kerrisdale Capital and find the most profitable companies to invest in. Kerrisdale has also made a habit of issuing report son good and bad companies to get involved in, including Kodak.

https://seekingalpha.com/article/4052332-conversation-former-hedge-fund-analyst-long-shares-gnc