nasdaqfrhc
Whitney Tilson’s email to investors discussing the three-year anniversary of Elon Musk’s ‘funding secured’ tweet; 100 biggest companies in the world; Freedom Holding Corp (NASDAQ:FRHC): the red flag factory in belize. Q2 2021 hedge fund letters, conferences and more Elon Musk's 'Funding Secured' Tweet1) Tesla Inc (NASDAQ:TSLA) CEO Elon Musk posted his infamous "funding secured" tweet three years ago this week: Of course, he didn't have funding secured, so he got in a lot of hot water with the U.S. Securities and Exchange Commission – but no matter: TSLA shares are up nearly 10 times since then...
ValueWalk
Freedom Holding Corp (NASDAQ:FRHC) has some explaining to do. Q2 2021 hedge fund letters, conferences and more The financial services firm has quite improbably become one of the fastest growing companies on the planet. It lists its shares on the Nasdaq, is incorporated in Las Vegas, but for all intents and purposes runs its operations mostly in Kazakhstan. As a December investigation by the Foundation for Financial Journalism showed, Freedom Holding’s ballooning profits have resulted from baffling and opaque business practices that its management is not keen to discuss. Among the arrangements ...
ValueWalk
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