Released right at the beginning of the new year, Sahm Adrangi, the Chief Investor Officer with Kerrisdale Capital Management published an article regarding Eastman Kodak Company in a negative light. Kerrisdale Capital Management, LLC is a fundamentally oriented investment manager who focuses on event-driven special situations, and long-term value investments. Sahm Adrangi has reasons why he expressed the way he feels with obvious statistics that see has no benefit being a small shareholder of Eastman Kodak Company. What Sahm Adrangi mentions is that he sees a concept which is flawed, and does not see any potential of promised benefits being delivered by Kodak. Visit The Hedgefund Journal to know more about Sahm Adrangi.
He goes in detail explaining why their services are only being offered to accredited investors, and the software application created by Kodak will never do what is lead to believe it will do. Sahm Adrangi further explains, overall there is no credibility and after board members engaging in suspicious trading, the company actually faces risk of an SEC investigation. From the words of the former lawyer of SEC, he claims that, if he was thinking about buying Eastman Kodak Company stocks, he would be concerned with an investigation lowering the company’s value and anyone who thinks about investing with them have legitimate worry, that things will not work in their favor in the long run. View Sahm Adrangi at hvst.com.
The best way to avoid a financial loss with such high risk with any business, Sahm Adrangi encourages you and anyone else to do their own research on how the management team operates to avoid being scammed. What he firmly believes is that the background of the parties connected in Kodak gives proof to an investor being skeptical over the quality on how they actually operate. Whenever there is known negativity and there is no remedy created, it’s going to be hard for a business to create value that will last.