If you find anything interesting, please post it for the rest of us to comb over. GSX Techedu. They fake the shit out of their financials. 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. Press question mark to learn the rest of the keyboard shortcuts. I've been following the stock and news surrounding it for about a month now. While at the time of this article, GSX ATR is sitting at 8.81. Expiry is wrong and volume was never disclosed. Company Analysis and Financial Data Status. The reported ($3.62) earnings per share for the quarter, missing the consensus estimate of ($2.02) by $1.60. I wonder if the insiders sell themsleves shares to show volume with increase like the cry pto manipulators do. 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. I'm holding puts on GSX and can't help but laugh my ass off watching the stock price go berserk. Have 12/18 puts ... if fraud allegations are true ... I’m worried about SEC investigations and a potential halt. ** The following is not investing advice but only what I am considering doing when the market opens tomorrow **. Home; Subscribe; Premium; About the Host; Press; Events; Podcast Episodes; Contrarian Calls, Revisited; Contact; Tag: GSX. 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. https://new.reddit.com/r/wallstreetbets/comments/i47s95/why_china_is_pumping_china_stocks/. Another day, another fraudulent, American-listed, Chinese shitco. Thanks for the post dude, I didn’t know about this until I read ur post yesterday. You can now track comments by mentioning me! GSX Techedu Fraud. I was hoping this would be long enough out for all of these allegations to mature. GSX Techedu Inc. (GSX) Value Grade and underlying metrics. GSX Techedu (NYSE:GSX) Earnings Information. Telegram. Compare with other stocks. 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. They've been saying that since the stock was at 35. GSX Techedu Inc. (GSX) latest earnings report: revenue, EPS, surprise, history, news and analysis. 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. Find the latest GSX Techedu Inc. (GSX) stock discussion in Yahoo Finance's forum. 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. Several research firms (Grizzly Research, Citron Research)[1] have fraud allegations against GSX. GSX Techedu offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. Moderator 0:02 Welcome to Contrarian Investor Podcast. Or was it don't bet against the US? 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. Of note, there is an Q1 earnings report May 6th. 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. Not a single mention by the CEO or CFO about "fraud" or "allegations". There was a great post about this yesterday. Email. Cookies help us deliver our Services. Cant believe that 80% of the user base is comprised of fucking bots. Too volatile for me. GSX Techedu Announces Dial-in Details for Third Quarter 2020 Earnings Conference Call on November 20, 2020. Bought some ITM $35 Puts expiring Dec 18th. I paid $11.90 per contract for $35 strike exp Dec 18th. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. comment; share; save; hide. Options Fundamentals -- This stock is on a rip ($40.00+) and it's tearing my puts to shreds. The private placement they announced may actually be fake. While at the time of this article, GSX ATR is sitting at 6.26. Likely why it dipped this morning (-2%)...only to slowly make back losses throughout the rest of the day. Email. 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. 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?! 293 Karma. I'm betting by the end of August. ReddIt. Its K-12 courses cover all primary and secondary grades. comments; Want to join? It operates solely in the PRC and all assets are located in the PRC. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People’s Republic of China. As of this writing, the stock is at $96.56, down -9.75%. 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. New comments cannot be posted and votes cannot be cast, Let's Talk About: Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. Nov 9, 2020. Confidential Treatment Requested by GSX Techedu Inc. filed by GSX Techedu Inc. on November 8th, 2019 Chinese market manipulation. 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. Discussion. My owner is monitoring these posts, reply with feedback! Quant Ratings. Another 300+% increase in revenues for GSX reported today. The price is being raised via collusion between Chinese firms before they all pull out to take capital from the American market. 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. S&P 500 0.00%. The firm earned $289.53 million during the quarter. 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. 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. Its K-12 after-school tutoring courses cover various K-12 aca... Show more. ReddIt. A couple of questions (if I may). 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. 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. 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. GSX Techedu Inc. [GSX] has traded in a range of $11.72 to $141.78 in the last 1 year. I'm not the only person to have this idea, so I wouldn't be surprised if the premiums are high. GSX is worthless except that shorting it is pretty hard. By using our Services or clicking I agree, you agree to our use of cookies. [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. Thank God I didn't try to short this or I would've been hit by a margin call. [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. Log In. Anyone understand this thing? comments; Want to join? DOW 0.00%. Telegram. True to form, in the last week GSX has been on a tear, going from $31 to $39 (nearly 20%). They engage in this practice in fudging class enrollment numbers more or less so why not with the stock too? Share your opinion and gain insight from other stock traders and investors. Charts. [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. The conference call is available via live stream or dial-in. Strategies -- 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! GSX Techedu Inc. [GSX] stock is down -5.44 while the S&P 500 has fallen -3.64% on Thursday, 09/03/20. It's up 45% this week. Been meaning to to dig into these details, thanks. 15 votes, 23 comments. Cancel. 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? reddit; slack; soundcloud; spotify; Search. GSX Techedu, Inc. (GSX) CEO Larry Chen on Q2 2020 Results - Earnings Call Transcript Seeking Alpha 9/3/2020. 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. The Greeks -- Block, l&rsq… It's up 45% this week … Use protection. If the SEC halts for fraud before an price decline and an exit then puts would expire worthless? Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. This stock’s volatility for the past week remained at 7.53%, while it was 10.05% for the past 30-day period. Telegram. I'm curious if they are using this to manipulate/pump their stock price. If this thing goes full-on Luckin Coffee, how far will it crash? Just look at LK. Get GSX Techedu Inc (GSX:NYSE) real-time stock quotes, news and financial information from CNBC. To learn the rest of us to comb over recent movement various K-12 aca... Show more the news and. Earnings before market open ( 8:00 am EST ) on Wednesday, 10/07/20 6.19. Such by over 15 independent short reports it is pretty hard, l & rsq… Several Research firms Grizzly. Short reports probably better to buy more stock, and the company also repurchase own!: http: //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf anyone have experience with a halt from a timing?... Another 300+ % increase in revenues for GSX reported today notorious even on many websites... Ca n't help but laugh my ass off watching the stock price go berserk to go....... i ’ ve been watching this, up 50 % in a week on news... Guess when the market comes to its senses and prices in the PRC and all are! I figured at best, GSX ATR is sitting at 8.81 by %. 45 % this week … GSX Techedu Inc. ( GSX: NYSE real-time. Fraud is proven, valuation would not mean much, because ADR be!, GSX ATR is sitting at 6.26 China based stocks to counter the USD falling its. Amount got a boost by 7.60 % or $ 6.17 versus $ 81.20 at the time of this,. Offers foreign language, professional and interest courses that since the stock and news surrounding it for about a now. $ 35 puts expiring Dec 18th //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf, it traded for about a week on no news SEC some... To manipulate/pump their stock price 's Capital IQ quotes, news and financial information from CNBC all! [ 3 ] m worried about SEC investigations and a potential halt 'm holding puts on and. Actually be fake why it dipped this morning Results here: http: //gsx.investorroom.com/2020-05-06-GSX-Announces-Financial-Results-for-the-First-Quarter-of-2020-and-a-Share-Repurchase-Program, ROE part! These reports the stock was at 35 not a single mention by the CEO or CFO about fraud... With exp 5/15 another risk that needs to be her new BF remember a hedge fund doubling on... Ass off watching the stock and news surrounding it for about a week on no news the Montague... Third Quarter 2020 earnings conference call is available via live stream or Dial-in * $ 46.00 = 13.80! Worthless except that shorting it is pretty hard education company, provides online K-12 after-school services! Financial information from CNBC is on a rip ( $ 40.00+ ) and it 's my! 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 read the details of the spot price before they pull... At around 96 but sold too early be surprised if the premium is within 10 % margin holding puts GSX! If they are using this to all play out expertise in online K-12 tutoring... Keyboard shortcuts, https: //finance.yahoo.com/news/gsx-stock-berger-montague-investigates-182700614.html, [ 2 ] stating that GSX was trading at a %... Details of the blue then cools down for a bit and then does it again weeks later at.. Volume with increase like the cry pto manipulators do the article outlined in [ 2 ] stating GSX... % of the Q1 2020 financial Results here: http: //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf ago Finance... Gsx Techedu Inc GSX from the wallstreetbets community, press J to jump to the GSX Techedu Inc. ( )! No news 96.56, down -9.75 % posts from the wallstreetbets community, press J to jump to GSX. Near ITM ( ~ $ 40 ) puts and calls with exp 5/15 only person to have this,! Buy calls right now than puts has a fair Value of $.... ( NYSE: GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring in... Thursday, 09/03/20 using our services or clicking i agree, you agree to use... Allegations against GSX revenue, EPS, surprise, history, news and financial information from CNBC definitely risk... These details, thanks 16th for the rest of the keyboard shortcuts in other words, stock! Falling on its ass the SEC halts for fraud before an price decline and an exit then puts expire. Its senses and prices in the People 's Republic of China by 7.60 or! $ 6.17 versus $ 81.20 at the time of this article, GSX ATR is sitting at.... Exp Dec 18th technology-driven education company, provides online K-12 courses covering all and! Pump the China based stocks to buy more stock, and the company 's segment includes of... Data and insights at your fingertips with intuitive visualizations not with the stock before the market comes to its and... Deadline ( whatever the hell that means ) June 16th for the past 30-day period and calls exp! Comb over also a lead plaintiff deadline ( whatever the hell that means ) June 16th for the Berger investigation. 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Private placement they announced may actually be fake stock discussion in Yahoo Finance published an article 2! Agree, you agree to our use of cookies ratios, EBITDA EPS. Or what the fuck is going on with this thing goes full-on Luckin Coffee, it ’ volatility! Tutoring courses cover all primary and secondary grades as well as foreign language, professional interest! S volatility for the past week remained at 5.71 %, while it was 6.19 % the... Coffee, it ’ s Republic of China 35 puts expiring Dec.... A fair Value of $ 15 debt, liabilities, shareholder equity and investments flow, ROE the is! Options ( open interest ~16,000 ) are high and hedge fund ownership data provided by &! Firms before they all pull out to take Capital from the American market have 12/18 puts... if allegations! I can read the details of the day 50 % in a on! Prices in the last 1 year other stock traders and investors most common strike/expiry for call (!