Prescience Point

Cheetah Mobile Inc (ADR) (NYSE: CMCM) is the subject of an extremely bearish new report out Thursday morning from Prescience Point Research Group. Prescience didn’t pull any punches when discussing what it claims is “fabricated” Cheetah Mobile revenue. Peculiar Numbers According...

Earlier this month, Prescience Point Research Group released an extremely bearish report on Celadon Group, Inc. (NYSE: CGI) in which the firm alleged Celadon had inflated its reported tangible book value by more than 95 percent. On Wednesday, Prescience released a follow-up report on Celadon after...

Shares of Celadon Group, Inc. (NYSE: CGI) plummeted Wednesday following a short-seller report published by Prescience Point Research Group. The pullback creates an opportunity since the concerns mentioned in the short report are not new and uses certain figures “in a distorted manner,”...

Celedon Group Inc. (NYSE: CGI) shares fell more than 10 percent Wednesday after Prescience Point Research Group didn’t pull any punches in a new bearish note. According to Prescience Point, more than 95 percent of Celedon’s reported tangible book value doesn't exist and the company...

Credit Acceptance Corp. (NASDAQ: CACC) got caught in a tweetstorm by Prescience Point LLC, which credits itself for its short recommendations and proficiency in unraveling shady plots of muddled companies. Through a series of tweets, Prescience suggested that the squeeze in Credit...

Billionaire investor George Soros sees opportunities to profit in the global market. However, these opportunities are on the bearish side, according to the Wall Street Journal. The Wall Street Journal, citing "people close to the matter," reported Thursday evening that Soros sold stocks and bought...

There are many promising ICOs in the crypto world, but it can be hard to separate the wheat from the chaff. A new asset takes the work and risk out of the problem for investors, allowing them to trade and profit with confidence.   ICOs or Initial Coin Offerings are back in vogue....

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) tumbled more than 6 percent on Thursday after Prescience Point issued a scathing short thesis on the company. Prescience Point stated that a "plethora of red flags" surfaced during the 2012 to 2013 timeframe....

Shares of Amira Nature Foods Ltd (NYSE: ANFI) were trading higher by more than 2 percent early Wednesday afternoon, despite a new research report by Prescience Point that claimed the company is "fabricating the financials it files" with the SEC. Within the report, Prescience Point...

Short answer - I highly doubt it.   Part of Friday's selloff was the fear of speculators that their Drug Dealer in Chief ("he drops paper dollars from helicopters faster than a speeding bullet") might possibly not be confirmed by the Senate.  Despite all the hand wringing I'd put the odds at 5% or...