Gotham Research is at it again. Shares of LETS GOWEX SA (OTCMKTS:LGWXY) (BME:GOW) are down by nearly half in early morning trade following Gotham Research delivering yet another scathing report and establishing a price target of zero on the stock. Gotham’s previous attack on Quindell The last report Gotham Research published, as previously reported in ValueWalk, led to the price collapse in the stock price of Quindell PLC (LON:QPP) (OTCMKTS:QUPPD), a UK consulting firm and was controversial to say the least. This time Gotham’s target is a Spain-based provider of wireless service. Gotham claims that 90 percent of reported revenue…
Gotham Research Speaks, GOWEX SA (GOW) Tumbles
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.