Kerrisdale Short Thesis On Globalstar: The Opposing View
Kerrisdale Short Thesis On Globalstar Questionable by Jan Martínek SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
What happened?
On Wednesday 1/10 a rumor was circulated that Kerrisdale, a prominent short fund, would host a presentation on its Globalstar, Inc. (NYSEMKT:GSAT) short position on Monday 6/10. Based on the rumor, Globalstar shares went down by 20%. Kerrisdale delivered a good show, which pushed the share price down by an additional 20%. GSAT management than had their
