Cut through the noise.
Trade on the signal.
A weekly synthesis of institutional-grade financial reports and market mechanics.
No spam. Unsubscribe anytime.
Report Archive, Page 9
12 of 242 reportsVelo3D: How A Physical Therapist With A Bogus Resume Parlayed A Failed SPAC And A Sham Relationship With SpaceX Into A $390 Million Dollar Fortune – Morpheus Research
Morpheus Research says Velo3D sold SpaceX its IP, overstated contracts, and faces valuation and governance risks.
$CAST: A Streaming Illusion Hiding a Financial Nightmare – Fugazi Research
Fugazi Research says FreeCast's $400M rally clashes with $119K cash, going-concern risk, insider financing, and dilution.
Ensign: The Nursing Home Empire Built on Fatal Neglect – HUNTERBROOK
Hunterbrook Media says Ensign's profits rely on understaffing, related-party payments, and regulatory gaps at ENSG.
MW is Short Ensign (NASDAQ: ENSG) – Muddy Waters Research
Muddy Waters alleges Ensign used rented licenses at nursing facilities, risking Medicare compliance and major False Claims Act liability.
LOST IN SPACE: A NARRATIVE LAUNCHED ON HYPE (ASTS, RDW, SPCE, SIDU, MNTS, RKTO) – Fugazi Research
Space stocks trade at 79x sales as dilution, losses, and the SpaceX IPO threaten a sector-wide re-rating.
We Believe Pirelli’s Secret Dependence and Close Relationships with Russia Pose a Threat to Western National Security – Grizzly Research LLC
Grizzly Research alleges Pirelli obscured Russia profits and remains tied to a sanctioned Rostec-linked military tire site.
Partners Group Caps Evergreen Fund Redemptions as Requests Rise – Grizzly Research LLC
Grizzly Research says PGHN’s evergreen fund may overstate valuations, citing share-count gaps and alleged markup issues.
$ASTC: Five Pivots, $262M Lost, and an Unaccountable CEO – Fugazi Research
ASTC’s lunar pivot, low cash runway, and dilution overhang raise fresh financing and governance concerns.
Innventure: The Latest Iteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data Center Deal – Morpheus Research
Morpheus Research questions Innventure’s DarkNX deal, citing shell-company red flags, partner denials, and heavy dilution.
Ragnarok Research: Monday.com’s 70% Crash Prices In Near-Certain Extinction — the Bull Case Is That Agentic AI Needs an Orchestration Layer, and MNDY Already Is One
At ~2x EV/Sales versus a typical 4x SaaS multiple, the market implies roughly 90% probability of terminal decline — Ragnarok puts that at 30%, arguing switching costs are underappreciated and AI agents need exactly wh...
Bristlemoon Capital: The AI Semiconductor Rally Is Being Driven by 444% Leveraged Hedge Fund Pods and FOMO, Not Just Fundamentals — and That Makes It Fragile
Semis outpaced software by 79 percentage points in under six months as market-neutral pods bought semiconductors and shorted software to stay neutral — while generalists piled in admitting they lack technical knowledg...
Grizzly Research CEO Interviewed by CNBC on Ottobock: PIK Loan Compounding to €2.1B, All Shares Pledged, and Russia Estimated at 35% of Net Income
Näder Holding has negative equity of €77M, burns ~€200M annually in interest and withdrawals, and the 2028 loan maturity creates a hard deadline — with Ottobock described as the only asset available to service the debt