Not all companies out there are worth investing in and Sahm Adrangi is one of the top investors in the country today that is doing his duty to inform other investors and the general public of companies that are an issue. The latest company that has taken fire from Kerrisdale Capital, Sahm Adrangi’s investment company, is Proteostasis. This biotech firm has made claims recently that they have had great success developing a new drug for cystic fibrosis patients. So far, Proteostasis claims this drug will dramatically increase lung performance for patients.
In order to get to the bottom of whether or not these claims are good, Sahm Adrangi and Kerrisdale has done some digging into the biotech firm. Unfortunately, what Sahm has found is not so good for those who might be excited about this new drug. CFTR amplifier PTI-428 is what Proteostasis is calling their product, which Sahm is calling a drug cocktail. According to the report, Proteostasis only had four subjects for their testing, which means this was a very small scale test that cannot be accurately assessed based on the presented data. Not only is the data incomplete, but the results are messy and practically missing, which causes Sahm Adrangi to believe these statements are likely false or due to very poor testing procedures by the biotech company. The placebo test conducted found a drop in lung performance as well, meaning their statements that this drug can increase lung performance cannot be true.
Due to all of these concerns, Kerrisdale has taken the short position with Proteostasis. This means they will continue to profit as the stock value of Proteostasis drops, which it has already started doing since Kerrisdale’s negative report went public. This is mostly because of other investors that are keen to follow the advice of Sahm Adrangi, who happens to be a high-profile investor in the U.S. that regularly states his opinions on companies and calls them out for their shady practices. Sahm has an impressive track recordof success, couple that with hardly being wrong in his investments or arguments, most investors have started following in his footsteps.
Forex trading is extensively developing into a business that masses want to invest in. Consequently, companies have initiated their services to assist investors who want to indulge in the business. One such company is NetPicks, an organization that was established in 1996. With a strong founding father, Mr. Mark Soberman, NetPicks has graduated his firm to bettering traders. The main goal of NetPicks is fostering a high level of learning platform for traders.
Background of Services Offered
With the main offices in Irving, NetPicks boats of having professional staff members who offer the best services in trading. NetPicks is known for offering educative tips on how to trade. The passion embedded in assisting the traders roots from the leadership roles of Mark Soberman. NetPicks offers services ranging from stocks, market shares, options, futures, and ETFs. What is better, the company offers virtual trading lessons and tutorials. An individual is allowed to sign for membership as soon as they are willing to learn how to trade. Aside from the virtual theoretical classes offered, there are YouTube videos to offer better, clearer instructions. Watch informative clips on this link from youtube.com.
The intention of NetPicks Company is to facilitate the learning of trading in smart segments. The idea is to sell knowledge so that traders trade smartly instead of working hard. The company’s trading systems have three core objectives. Traders are allowed to select an option preferred. The full-session career lessons offer income earning opportunities. The process of learning has been simplified to the point of easiness in selecting the goals. The system is always up and operating to make the next moves on your behalf. Additional reading here.
NetPicks is led by experienced managers that can offer valid advice in regards to trading. The development of programs that guide the traders is sustainable and can be relied on. As a company that offers trading lessons, NetPicks is inclined towards offering advanced tools for proper guidance. Check this for a related article.
The advancement of technology has also been useful in many ways. The company has done well in balancing the two factors. To NetPicks, what matters is smart trading. It is the responsibility of the management to facilitate the learning process. Hop over to crunchbase.com for an update of their recent timeline activities.
Netpicks is one of the best sources of information when it comes to trading in the markets. The articles have a lot of new insights that people should consider. One thing that Netpicks goes into is the importance of thinking through the strategy. One of the most common mistakes when it comes to strategy is thinking only about the entry point. A good strategy goes far beyond the entry point and actually factors in the price action. People have to have an exit strategy as well so that they don’t lose tons of money. The only thing is that it takes a bit of experience in order for people to figure out. Additional reading on yelp.com.
One thing to consider is that it takes knowledge of the market in order to successfully come up with a trading strategy. For instance, one good trading strategy is in trading with the trend. This is where observation comes in. understanding how to read trends helps people determine a good entry point. This strategy will also help people determine when to close the trade. Trend trading may be one of the best strategies because it is the easiest way for people to lose very little and win big. Click on this useful link.
Netpicks has information on this strategy as well as many other strategies in the Forex market as well as other trading market. It is important for people to have a thorough understanding of what they plan to do before they try to move forward. For one thing, one bad trade can wipe them out if they don’t recognize it. This is one of the reasons that Netpicks is one of the sources to go to for information on making the trades. Before becoming profitable, it is important for traders to know how to lose. After all, even the most profitable traders will lose money.