Sahm Adrangi Has Little Faith In Eastman Kodak Methods

Sahm Adrangi of Kerrisdale Capital, a management and investment firm, has issued a warning to all investors out there to be cautious before dealing with Eastman Kodak. The stock for Kodak jumped an incredible amount, nearly 200 percent, due to the new cryptocurrency’s. Sahm doesn’t believe this is a legit opportunity, but rather a quite obvious scheme to take advantage of many people’s growing interest in cryptocurrency.

Sahm Adrangi says that despite the decent history behind Eastman Kodak, the company has not managed to stay up to date with the expanding technologies out there. This makes Sahm confident that Kodak will fail to amount to anything worth calling into question. This stunt is largely for publicity and will have some effect due to cryptocurrencies disruption in the usual markets, however, cryptocurrency will not fix any problems in the long run for Eastman Kodak. Their image licensing system is as unstable as the cryptocurrency market is. Sahm’s concern extends to Eastman Kodak’s partnered companies as well, including App Coin Innovations.

Eastman Kodak may be a former giant, but this last effort is highly unlikely to amount to a success, and any investor that get involved will also be involved in the inevitable fall. Just 6 years ago, Kodak had to file a chapter 11 due to the very same conditions in the market that are here today. The progress of Kodak has fallen behind in the competitive market they are in, which put’s into question what the management at the company is doing.

Sahm Adrangi started up Kerrisdale Capital with under a million dollars, and today he has grown the company into a multi-million dollar corporation with assets surpassing 150 million. Sahm has had his fair share of experience dealing with the fluctuating markets and choosing the right investments, and overall he has been very successful. He credits his ability to find undervalued stocks or even overvalued ones as a key to his success. Thankfully, Sahm Adrangi wants to see others succeed as well, which is why he shares his ideas and methods for investing in social media and articles he publishes.

https://www.amazon.com/Legends-Leaders-Hedge-Funds-Finance/dp/B073DMGJTN

Apr
4

Highland Capital Management Increase Stake Invested in Nexpoint Credit

Highland Capital Management LLP, is located in Dallas, Texas. It was co-founded by investment guru James Dondero, and is estimated to have a current value of $2.44 billion. Recently, they have stepped up their investment efforts to extend to Nexpoint Credit Strategies Fund. At this time, James Dondero owns 3.01 million shares of the company, which totals 18% of the company in total.

According to a recent analysis, Dondero is the largest stakeholder in the company, which gives him an extremely large say in the company’s everyday interworking’s.Nexpoint’s estimated value is currently $600 million, and it falls into the top 10% of closed-end funds. The company is considered to be a spin-off of two other companies, including Nexpoint Credit Stratagies Fund and Nexpoint Residential Trust INC. Nexpoint Credit Strategies Fund focused on building real-estate asset and frequently works alongside Highland Real Estate Capital REIT.

James Dondero

James Dondero co-founded Highland Capital Management LLP, in 1993. They are based out of Dallas, Texas. As a whole, Highland Capital Management is active in the community and donates a large percentage of their proceeds to non-profit organizations that have set out make the community a better place. Currently, Highland Capital Management LLP. manages over $15.4 billion in assets. They are one of the largest global investment firms in North America. They specialize in private equity and credit strategies for their clients.Recently, James Dondero issued a Challenge Grant for a non-profit family shelter known as “The Family Place.” His goal is to aid the company in helping as many families as possible, which is proving to be successful.

Categories: investing,Investor
Jun
6

Laidlaw & Company Receives a Temporary Restraining Order from the U.S. Federal Court

Laidlaw & Company, an investment firm based in the U. K, has been issued with a restraining order and an associated injunction from the United States Federal Court. Laidlaw has been releasing false information regarding Relmada Therapeutics, Inc. Relmada is a clinical company based in the development of novel therapies for treating chronic pain.

Laidlaw’s principals, Matthew Eitner and James Ahern, personally received official communication regarding this sensitive matter. Laidlaw has a history of violating U.S. financial regulations, which has resulted in monetary penalties, customer complaints and regulatory injunctions. Relmada had previously hired Laidlaw as its investment banker.

Sergio Traversa, the CEO of Relmada welcomed the injunction news and reiterated how happy he was that the Court had intervened. In addition such malpractices from Eitner and Ahern had negatively impacted the company’s uplisting to NASDAQ. Remalda can now focus on improving the company’s product portfolio.

Services Offered By Laidlaw & Company

Laidlaw is an investment banking and brokerage enterprise that offers dynamic investment advice and competent execution to public and private institutions. In addition, the firm also represents high net worth investors. Its banking services focus on capital raising, equity placement with high net worth retail investors, arranging national exchange listings, initial public offerings and finance acquisition.

As competent as they may sound, the firm has been plagued with numerous scandals over the years. For instance, Leonard V Gallick has dominated headlines for the wrong reasons. Gallick still has other pending court cases while working at different firms.

Gallick, an employee with twenty years’ experience in the securities industry has received several complaints from customers. In 2013, Gallick was accused of making unauthorized transactions. The client successfully sued and received $350,000 from the company.

I find it hard to understand why a company such as Laidlaw would hire such an individual based on his past track record. The decision to hire Gallick was reckless and has now tarnished their reputation. The company needs to do damage control as soon as possible and avoid further embarrassment.

Categories: investing
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Aug
8