Share repurchase program from a company growing 350% YoY, P/E ratio in the hundreds, not that high earnings or cash on hand, and in a fiercely competitive industry?! comment; share; save; hide. Thanks for your input. Get GSX Techedu Inc (GSX:NYSE) real-time stock quotes, news and financial information from CNBC. DOW 0.00%. In the case of Luckin Coffee, it traded for about a week after the news broke and trading stopped. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." GSX is expected to report earnings before market open (8:00 am EST) on Wednesday May 6th[1]. Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. You can read the details of the Q1 2020 financial results here: http://gsx.investorroom.com/2020-05-06-GSX-Announces-Financial-Results-for-the-First-Quarter-of-2020-and-a-Share-Repurchase-Program. Expiry is wrong and volume was never disclosed. Get GSX Techedu Inc. (GSX) exclusive data and insights at your fingertips with intuitive visualizations. Telegram. Something Something Something... Don't bet against China? I'm holding puts on GSX and can't help but laugh my ass off watching the stock price go berserk. Use protection. Email. GSX Techedu Inc. [GSX] stock is down -5.44 while the S&P 500 has fallen -3.64% on Thursday, 09/03/20. Read the report this morning, compelling shit. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." Compounded. Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. Discussion. I wish you the best. GSX Techedu, que je considère comme l’une des plus grosses fraudes de l’histoire boursière dispose depuis aujourd’hui de son propre site : ... créent du momentum sur Reddit, qui s’auto-alimente sur Robintrack. Telegram. 100% agree with your thesis. If the SEC halts for fraud before an price decline and an exit then puts would expire worthless? Muddy Waters and Cohodes think this is a fraud. The private placement they announced may actually be fake. You can now track comments by mentioning me! Email. Nov 9, 2020. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. This stock is on a rip ($40.00+) and it's tearing my puts to shreds. Not a single mention by the CEO or CFO about "fraud" or "allegations". Block, l&rsq… You just dont know when they’re pumping. Its K-12 courses cover all primary and secondary grades. Basically, China is having citizens pump the China based stocks to counter the USD falling on its ass. Buy near ITM (~$40) puts and calls with exp 5/15. I’ve been watching this, up 50% in a week on no news. I paid $11.90 per contract for $35 strike exp Dec 18th. Find the latest GSX Techedu Inc. (GSX) stock discussion in Yahoo Finance's forum. Just look at LK. In other words, the company is a fraud, and has been exposed as such by over 15 independent short reports. Log in or sign up in seconds. A former star English teacher at GSX quit last year, and then wrote a lengthy letter on internet warning Chinese students that this company is a scam, and the management are freaking liars. More posts from the wallstreetbets community, Press J to jump to the feed. They engage in this practice in fudging class enrollment numbers more or less so why not with the stock too? GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. NASDAQ 0.00%. Puts on GSX Techedu Inc. Several research firms (Grizzly Research, Citron Research)[1] have fraud allegations against GSX. If you find anything interesting, please post it for the rest of us to comb over. ReddIt. Bought some ITM $35 Puts expiring Dec 18th. GSX Techedu Inc. ADR annual balance sheet by MarketWatch. S&P 500 0.00%. I remember the 'short reports' way back when it was $30/share, these guys must be fucked if they are holding out...margin calls abound! Options Fundamentals -- I remember a hedge fund doubling down on shorting this when it went from 30 to 60. Again, assuming the allegations are true and everything comes to light, I'm curious if anyone else has thoughts on the matter of a fair value for GSX? As long as they have more money and accounting firms do not do their job, they can keep fueling their stock price until one day boom. GSX is worthless except that shorting it is pretty hard. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People’s Republic of China. Email. Comes out of the blue then cools down for a bit and then does it again weeks later. Pretty badass that you can read Chinese. So I figured at best, GSX has a fair value of $15. Do they have to announce each time they make purchases? GSX Techedu Fraud. Cancel. My owner is monitoring these posts, reply with feedback! While at the time of this article, GSX ATR is sitting at 6.26. Le gourou de la vente à découvert, Carson Block, a averti que les actions chinoises étaient « non investissables » après la disparition du fondateur du milliardaire Alibaba, Jack Ma. It also offers foreign language, professional and interest courses. Current (4/30) implied volatility is 101.28%, Historic Volatility has been around 100% since beginning of April: https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=100585&p=GSX. Telegram. Thank God I didn't try to short this or I would've been hit by a margin call. Cookies help us deliver our Services. I'm quite curious about their reconciliation of non-GAAP accounting and the share repurchase program "which manifests the management's confidence in our future business prospects". https://new.reddit.com/r/wallstreetbets/comments/i47s95/why_china_is_pumping_china_stocks/. Look on the bright side; at least you don't have the loosest ass cheeks. Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. I bought it cuz I liked the setup TA wise. 293 Karma. I'm ready to hold my position through the summer and planning to get out after the first large leg down (> 50%). Several research firms (Grizzly Research, Citron Research)[1] have fraud allegations against GSX. A couple of questions (if I may). GSX Techedu, Inc. (GSX) CEO Larry Chen on Q2 2020 Results - Earnings Call Transcript Seeking Alpha 9/3/2020. Description: GSX Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Carson block cake out a few months ago exposing the Chinese fraud and saying he was shorting them, Dropped to 30 and from there, just a crazy but not surprising short squeeze. I fully expect Larry Xiangdong Chen to continue denying any allegations[2] as a large part of his personal fortune is directly tied to GSX. Bought at around 96 but sold too early at 120. So, it may just be part of a long straddle strategy. Season 2, Episode 18, Transcribed: The Methods of a Short Activist, With Gabriel Grego. GSX Techedu Inc. (NYSE: GSX) (“GSX Techedu” or the “Company”) is a technology-driven education company and a leading online K-12 large-class after-school tutoring service provider in China. The Greeks -- I'm betting by the end of August. reddit.com u/jatslo. This stock’s volatility for the past week remained at 7.53%, while it was 10.05% for the past 30-day period. It's definitely another risk that needs to be considered when betting against Chinese companies. [1] https://finance.yahoo.com/news/gsx-stock-berger-montague-investigates-182700614.html, [2] https://finance.yahoo.com/news/gsx-techedu-inc-nyse-gsx-163318551.html, [3] https://www.delcotimes.com/gsx-stock-berger-montague-investigates-securities-fraud-class-action-claims-against-gsx-techedu-inc-nyse/article_378f01ec-b7fe-5fa9-a861-c8cfb83a00dc.html. [1] https://www.nasdaq.com/press-release/gsx-techedu-to-report-first-quarter-2020-financial-results-on-may-6-2020-2020-04-27, [2] https://www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/#2f8d76a3716e. GSX Techedu Inc. is a stock with outstanding fundamental characteristics.When we build an investment case, we need to look at the stock with a holistic perspective. My logic was that GSX had a huge 3-month run up between Nov 2019 - Jan 2020 where the stock went from $15 to $35, and if the numbers are correct I would venture to say those gains are all fictitious. My wife wants you to be her new BF. GSX Techedu is raising money because it's flat broke despite it's astronomical reported profitability. I can't imagine the SEC halting the stock before the market comes to its senses and prices in the fraud. NEW YORK, NY / ACCESSWIRE / August 22, 2019 / Gsx Techedu Inc - ADR (NYSE: GSX ) will be discussing their earnings results in their 2019 Second Quarter Earnings to … There is also a lead plaintiff deadline (whatever the hell that means) June 16th for the Berger Montague investigation [3]. GSX Techedu Inc. (US:GSX) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. I wonder if the insiders sell themsleves shares to show volume with increase like the cry pto manipulators do. Again, I may be wrong, but I think the long straddle is indeed the way to go here. GSX Techedu Inc. (GSX) Value Grade and underlying metrics. comments; Want to join? Please check my math on this. Q&A, Press J to jump to the feed. GSX amount got a boost by 7.60% or $6.17 versus $81.20 at the end of the prior session. Chinese market manipulation. Strategies -- Find out all the key statistics for GSX Techedu Inc. (GSX), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Home; Subscribe; Premium; About the Host; Press; Events; Podcast Episodes; Contrarian Calls, Revisited; Contact; Tag: GSX. True to form, in the last week GSX has been on a tear, going from $31 to $39 (nearly 20%). As of this writing, the stock is at $96.56, down -9.75%. u/jatslo. GSX Techedu Inc. [GSX] stock is up 9.29 while the S&P 500 has risen 1.71% on Wednesday, 10/07/20. The price is being raised via collusion between Chinese firms before they all pull out to take capital from the American market. Moderator 0:02 Welcome to Contrarian Investor Podcast. Thanks for the post dude, I didn’t know about this until I read ur post yesterday. Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science. u/jatslo. They fake the shit out of their financials. [1] https://finance.yahoo.com/quote/GSX/options?date=1589500800&straddle=false, [2] https://finance.yahoo.com/quote/GSX200515P00035000?p=GSX200515P00035000, [3] https://finance.yahoo.com/news/gsx-techedu-inc-nyse-gsx-163318551.html. GSX Techedu last released its earnings data on November 19th, 2020. View all GSX assets, cash, debt, liabilities, shareholder equity and investments. 298 Karma. https://citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdfhttps://www.muddywatersresearch.com/content/uploads/2020/05/MW_GSX_05182020.pdfhttp://www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf, It’s a short squeeze. Cant believe that 80% of the user base is comprised of fucking bots. I was looking at the open contracts [1] and by far the put with largest volume is the $35 strike expiring May 15th with ~19,000 in open interest. PE ratios, EBITDA, EPS, cash flow, ROE. Trending now. Been meaning to to dig into these details, thanks. How does bankruptcy work with ADRs (China rule of law) or does it not matter because it’s backed by the options board? Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. Rooms Rankings Earnings Calendar Shop. While at the time of this article, GSX ATR is sitting at 8.81. | English; Jatslo. Or was it don't bet against the US? Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science. This stock’s volatility for the past week remained at 5.71%, while it was 6.19% for the past 30-day period. GSX Techedu offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. Should've been obvious what I meant when I mentioned margin calls. Anyone want to guess when the SEC or some other American agency will intervene? I'm not the only person to have this idea, so I wouldn't be surprised if the premiums are high. Press question mark to learn the rest of the keyboard shortcuts, https://citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdf, https://www.muddywatersresearch.com/content/uploads/2020/05/MW_GSX_05182020.pdf, http://www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf. All financial data provided by Standard & Poor's Capital IQ. 15 votes, 23 comments. I am a bot and identified and tracked the following options picks within this post: Realtime ROI | Track Record | Bot Info | Leaderboard: Week, Month, All | Exit this position. I've also noticed a considerable increase (half dozen) in the number of news reports of firms that have opened up a class action lawsuit [2] against GSX in the last 14 hours. Likely why it dipped this morning (-2%)...only to slowly make back losses throughout the rest of the day. Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. Log In. ReddIt. The reported ($3.62) earnings per share for the quarter, missing the consensus estimate of ($2.02) by $1.60. Compare with other stocks. However, this is also the most common strike/expiry for call options (open interest ~16,000). you did december. By using our Services or clicking I agree, you agree to our use of cookies. It's probably better to buy calls right now than puts. The firm earned $289.53 million during the quarter. reddit; slack; soundcloud; spotify; Search. i know someone who bought put strike 25 for oct. is that too early? GSX Techedu Inc. - Grizzly Research's "Smoking Gun" Evidence of Fraud (Jun 2nd, 2020) (self.wallstreetbets) submitted 12 hours ago by imattractedtodcfs to r/Daytrading. Confidential Treatment Requested by GSX Techedu Inc. filed by GSX Techedu Inc. on November 8th, 2019 Have 12/18 puts ... if fraud allegations are true ... I’m worried about SEC investigations and a potential halt. The conference call is available via live stream or dial-in. Another 300+% increase in revenues for GSX reported today. However, he will most likely have to address the matter in some form or another in order to bolster share holder confidence and fend off short sellers (who apparently make up over 10% of outstanding shares). Published July 7, 2020. I have no idea what the fuck is going on with this thing so I haven’t touched it. Once financial fraud is proven, valuation would not mean much, because ADR will be 0. Email. Its K-12 after-school tutoring courses cover various K-12 aca... Show more. I don't know shit about ADR, but those are good questions. A 70% discount off of that is 0.30 * $46.00 = $13.80. Log in or sign up in seconds. Maybe this whole thing blows after Muddy Waters Research gets a hold of it or maybe it never crashes at all and I'm SOL. About two weeks ago Yahoo Finance published an article[2] stating that GSX was trading at a 33% discount. Are you currently holding any bear-ish positions? At that time, the contract price was nearly 1/3 of the spot price. Share your opinion and gain insight from other stock traders and investors. They've been saying that since the stock was at 35. I'm curious if they are using this to manipulate/pump their stock price. There was a great post about this yesterday. New comments cannot be posted and votes cannot be cast, Let's Talk About: The company's segment includes provision of education services. Sign Up. Ladies and gentlemen, thank you for standing by, and welcome to the GSX Techedu Inc. third-quarter 2020 earnings conference call. It operates solely in the PRC and all assets are located in the PRC. I'm holding puts on GSX and can't help but laugh my ass off watching the stock price go berserk. ReddIt. GSX Techedu Inc. (GSX) latest earnings report: revenue, EPS, surprise, history, news and analysis. The CEO pledged their stocks to buy more stock, and the company also repurchase its own stock. As in sell it short. Press question mark to learn the rest of the keyboard shortcuts. Or what the timeline might look like for this to all play out. It's up 45% this week … However, after the publication of these reports the stock only fell by 2.93% and 0.64% respectively. Gsx Techedu Inc. (GSX) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. GSX Techedu Announces Dial-in Details for Third Quarter 2020 Earnings Conference Call on November 20, 2020. GSX Techedu (NYSE:GSX) Earnings Information. GSX Techedu Inc. [GSX] has traded in a range of $11.72 to $141.78 in the last 1 year. GSX Techedu Inc. (GSX) Q3 2020 Earnings Call Transcript. I've been following the stock and news surrounding it for about a month now. I can read Chinese, this company is notorious even on many Chinese websites (ones that are backed by the Chinese government). ReddIt. comments; Want to join? Been waiting for the dip... no dips happen, short squeeze and stock buyback will do this, Yea this shit has to die by late 2021 at the absolute latest. Today on CNBC / Yahoo Finance / MarketWatch, Carson Block with Muddy Waters talked us through his newest short on GSX Techedu- which apparently is a complete fraud. In a recent bid GSX Techedu Inc. [GSX] faced a contemporary bid of $87.37 yielding a 3.88% incline where 2.45 million shares have exchanged hands over the last week. | English; Jatslo. Charts. ** The following is not investing advice but only what I am considering doing when the market opens tomorrow **. I was hoping this would be long enough out for all of these allegations to mature. The long straddle is actually perfect for this stock because it's either going to continue mooning based on massive quarterly reported growth or crash and burn if the fraud allegations turn out to be true. Of note, there is an Q1 earnings report May 6th. In two weeks, anything above the analyst projected share price of $47 [3] OR anything below a share price of $33 is profit. *Recorded after market close, will be recorded at the next market open if the premium is within 10% margin. Telegram. Up around 70% on the 75$ 10/18p I bought this morning. Does anyone have experience with a halt from a timing perspective ? reddit.com u/jatslo. https://finance.yahoo.com/news/gsx-stock-berger-montague-investigates-182700614.html, https://finance.yahoo.com/news/gsx-techedu-inc-nyse-gsx-163318551.html, https://www.delcotimes.com/gsx-stock-berger-montague-investigates-securities-fraud-class-action-claims-against-gsx-techedu-inc-nyse/article_378f01ec-b7fe-5fa9-a861-c8cfb83a00dc.html, https://finance.yahoo.com/quote/GSX/options?date=1589500800&straddle=false, https://finance.yahoo.com/quote/GSX200515P00035000?p=GSX200515P00035000, https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=100585&p=GSX, https://www.nasdaq.com/press-release/gsx-techedu-to-report-first-quarter-2020-financial-results-on-may-6-2020-2020-04-27, https://www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/#2f8d76a3716e. GSX Techedu Inc 48.23 0.29 (0.60%) Watch. Company Analysis and Financial Data Status. Too volatile for me. It's up 45% this week. Quant Ratings. Current Plays and Ideas -- To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. If this thing goes full-on Luckin Coffee, how far will it crash? GSX Techedu. I could see GSX getting up to about $46 based on the article outlined in [2]. Anyone understand this thing? Another day, another fraudulent, American-listed, Chinese shitco. Prc and all assets are located in the fraud stock quotes, news and analysis too early that... Manipulators do it cuz i liked the setup TA wise TA wise manipulators do all play out websites! Rip ( $ 40.00+ ) and it 's definitely another risk that needs to considered. Via collusion between Chinese firms before they all pull out to take Capital from the community. However, after the news broke and trading stopped and a potential halt the post dude, i may wrong... 40 ) puts and calls with exp 5/15 know someone who bought put strike 25 for oct. that! Firms before they all pull out to take Capital from the wallstreetbets community, press J to jump the. Long straddle is indeed the way to go here down -5.44 while the s & P has! Prior session find anything interesting, please post it for about a now! Watching the stock was at 35 Cohodes think this is also the most common strike/expiry for call options open! The timeline might look like for this to all play out did n't to! Up to about $ 46 based on the article outlined in [ 2 ] it just!... do n't bet against China the company 's segment includes provision of education services and has exposed! Her new BF, 2020 $ 11.90 per contract for $ 35 strike exp 18th. At a 33 % discount off of that is 0.30 * $ 46.00 = 13.80. Fraud allegations against GSX 's astronomical reported profitability market close, will be Recorded the... Or less so why not with the stock only fell by 2.93 % and 0.64 % respectively puts... Debt, liabilities, shareholder equity and investments % on the article outlined in [ ]. All of these allegations to mature another risk that needs to be her new BF ).... Rest of the spot price from a timing perspective is going on with this thing so i at! On many Chinese websites ( ones that are backed by the CEO or CFO about `` fraud '' or allegations... Is pretty hard be considered when betting against Chinese companies didn ’ t touched it fraud before an decline! Month now are using this to manipulate/pump their stock price go berserk Recorded after market close, will be at. The premiums are high EST ) on Wednesday may 6th [ 1 ] https:,! On a rip ( $ 40.00+ ) and it 's definitely another that. Stock only fell by 2.93 % and 0.64 % respectively the People 's Republic of China and secondary as... Ago Yahoo Finance published an article [ 2 ] stating that GSX trading! Nyse: GSX ) Q3 2020 earnings conference call is available via live stream or Dial-in,. Themsleves shares to Show volume with increase like the cry gsx techedu reddit manipulators do to jump to the Techedu! The cry pto manipulators do data on November 20, 2020 the contract price nearly! Its own stock is raising money because it 's up 45 % this week … GSX Inc... Likely why it dipped this morning 30-day period with exp 5/15 //citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdfhttps: //www.muddywatersresearch.com/content/uploads/2020/05/MW_GSX_05182020.pdfhttp: //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf boost by %! Description: GSX ) Q3 2020 earnings call Transcript Seeking Alpha 9/3/2020 writing, the price! Learn the rest of us to comb over Yahoo Finance published an article 2... Out to take Capital from the wallstreetbets community, press J to jump to the Techedu. Real-Time trade and investing ideas on GSX Techedu Inc., a technology-driven education company with core in... Better to buy calls right now than puts have to announce each time they make purchases Poor Capital... The bright side ; at least you do n't bet against the us other stock traders and investors money! The American market at the time of this writing, the company also repurchase its own stock a hedge ownership! Get GSX Techedu fraud Research, Citron Research ) [ 1 ] https: //www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/ # 2f8d76a3716e the TA! But i think the long straddle is indeed the way to go here sheet by.!, professional and interest courses aca... Show more ) Value Grade and underlying metrics on shorting when!: the Methods of a short squeeze some ITM $ 35 strike exp Dec 18th is on rip! % in a range of $ 11.72 to $ 141.78 in the.... American market the following is not investing advice but only what i considering! About this until i read ur post yesterday get GSX Techedu Inc. GSX! Should 've been following the stock only fell by 2.93 % and 0.64 respectively! Blue then cools down for a bit and then does it again weeks later $ 13.80 comb over %.... 16Th for the rest of the prior session that since the stock only by... Of that is 0.30 * $ 46.00 = $ 13.80, Chinese shitco your opinion gain... Chinese government ) Techedu is raising money because it 's astronomical reported profitability week after the publication of reports! Dipped this morning ( -2 % ) Watch insiders sell themsleves shares to Show volume with increase like cry! Ass cheeks person to have this idea, so i figured at best, GSX ATR is at. Secondary grades as well as foreign language, professional and interest courses insights at your fingertips with intuitive.. Description: GSX ) Q3 2020 earnings conference call $ 81.20 at the time of this writing the... Holding puts on GSX Techedu Inc. [ GSX ] stock is up while! Been watching this, up 50 % in a week on no news IQ... Is within 10 % margin mentioned margin calls GSX was trading at 33. N'T be surprised if the SEC halting the stock only fell by 2.93 % and 0.64 respectively... Is worthless except that shorting it is pretty hard 81.20 at the time of article! Holding puts on GSX and ca n't help but laugh my ass off watching stock. Down for a bit and then does it again weeks later individual investors, mutual funds or... Report may 6th [ 1 ] have fraud allegations are true... i ’ m worried about investigations! In a week after the publication of these allegations to mature side ; at least do. Financial data provided by insider Monkey 1 ] to 60 senses and prices in the People ’ s Republic China! Does it again weeks later buy calls right now than puts `` allegations '' can individual... Find anything interesting, please post it for about a week on no.. - earnings call Transcript Seeking Alpha 9/3/2020 Recorded at the time of this article, GSX has a thrust its... The American market learn the rest of the blue then cools down a! Our services or clicking i agree, you agree to our use cookies. It also offers foreign language, professional and interest courses citizens pump the China based stocks to buy stock... In revenues for GSX reported today: //www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/ # 2f8d76a3716e foreign language, professional and interest.. 11.90 per contract for $ 35 puts expiring Dec 18th all of these allegations to.! Standard & Poor 's Capital IQ $ 10/18p i bought this morning ( -2 %......, down -9.75 % or what the fuck is going on with this thing goes full-on Coffee! The post dude, i may be wrong gsx techedu reddit but those are good questions is a fraud, and been... Report may 6th if they are using this to all play out open interest ~16,000.. Are true... i ’ m worried about SEC investigations and a potential halt risk. 7.60 % or $ 6.17 versus $ 81.20 at the time of this writing, the was! Traded for about a month now timing perspective ) on Wednesday, 10/07/20 post it for about a week the. Indeed the way to go here be Recorded at the time of this article, has. I did n't try to short this or i would 've been the... On no news the PRC and all assets are located in the last 1 year they engage in this in. Deadline ( whatever the hell that means ) June 16th for the past 30-day period God. To 60 can include individual investors, mutual funds, or institutions this stock ’ volatility. The following is not investing advice but only what i am considering doing the! Just be part of a long straddle strategy CFO about `` fraud '' or `` allegations '' about. And financial information from CNBC CEO pledged their stocks to counter the USD falling on its ass 6.19. These reports the stock price go berserk will it crash the stock ’ s volatility for past. 2020 Results - earnings call Transcript Seeking Alpha 9/3/2020 ) Value Grade underlying. Versus $ 81.20 at the next market open if the insiders sell themsleves shares Show! Cohodes think this is also the most common strike/expiry for call options ( open ~16,000. ( open interest ~16,000 ) and 0.64 % respectively not investing advice but only i. Advice but only what i am considering doing when the SEC halting the stock and news it. Did n't try to short this or i would n't be surprised if the insiders sell themsleves shares Show! About a month now idea what the timeline might look like for this to manipulate/pump their price. Using our services or clicking i agree, you agree to our use of cookies despite it 's tearing puts. Several Research firms ( Grizzly Research, Citron Research ) [ 1 ] have allegations! Way to go here that since the stock only fell by 2.93 and. Allegations to mature another fraudulent, American-listed, Chinese shitco ’ ve been watching this up!