Intellectually, it's fraudulent. Santa Clara-based eHealth ended Wednesday down The stock has held up well so far this year, rising Block also casts doubt on eHealth's growth since , saying it's been driven largely by direct response TV advertising. That strategy has resulted in acquiring customers with high churn rates, he added. The high-churn customers complicate eHealth's revenue models, which are based on "higher-quality, stickier enrollees," Block argued. Activist firm Wolfpack Research released a report on Tuesday, alleging that iQiyi "was committing fraud well before its IPO in " on the Nasdaq, and it's "continued to do so ever since.
Muddy Waters Research LLC is a privately held due diligence based investment firm that conducts investigative research on public companies while also taking investment positions that reflect their research. The firm is best known for spotting fraud at Sino-Forest Corp , a Canadian-listed Chinese company whose stock fell 74 percent before it eventually filed for bankruptcy protection in March Muddy Waters was founded by Carson Block , an American short-seller. In , Block was named as one of the "50 most influential people in finance and investing" by Bloomberg Markets magazine. Shortly after German Federal Financial Supervisory Authority inquired the case suspecting overstepping of ethical and legal lines by Muddy Waters Capital. According to German financial law this notice has to be given at least one day after creating a short-position within that limit. According to public prosecution office Muddy Waters has overstepped that time period by five days. In August , Muddy Waters released a report claiming that pacemakers and other implantable medical devices made by St. Jude Medical were highly vulnerable to hacking.
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He taught himself the guitar and harmonica and by age 17 decided he wanted to be a musician. Muddy was raised by his grandmother who lived and worked on the Stovall Plantation. They were a family of sharecroppers. Muddy was the first blues musician recorded for the Library of Congress historical records in Muddy moved to Chicago to become a full-time musician recording for Phil and Marshall Chess and brought other blues talent to the Aristocrat Records label. Muddy assembled one of the most acclaimed blues groups in history: Little Walter Jacobs on harmonica, Jimmy Rogers on guitar, Elgin Evans on drums, and Otis Spann on piano. Muddy performed at the Newport Jazz Festival, he recorded one of the first live blues albums, At Newport , and his performance of "Got My Mojo Working" was nominated for a Grammy award. His performance introduced white audiences to the blues and he became an international crossover success. His technique on the electric guitar has been studied the world over.
Watch the full interview here… more. Muddy Waters peels back the layers, often built up by seemingly respected but sycophantic law firms, auditors, and venal managements. Read More. We estimate that — prior to any tail revenue adjustment — it takes EHTH nine years to fully collect each dollar of Medicare Advantage revenue it books. We are short GSX because we conclude that it is a near-total fraud. We also adjust reported op… more. We note that the FCA has announced it is probing these misstatements.