Citron Research Bear Case : WayFair

Andrew Left of Citron Research appeared on Bloomberg today to explain his Bear thesis on Wayfair (NYSE: $35.53 down 12% -$4.79 on day)

On August 31,2015 Citron published this report:

Wayfair is the Most Mispriced Stock Citron Research has seen in Years — Fair Value Under $10

A Bear Who Didn't Get Battered By The Bull Market

While the Stock Market has rallied since January 2013, short seller Andrew Left of Citron Research had 12 of his 15 short picks in the money.

Here is a link to Citron's report card.


Tweets by @CitronResearch

Citron Research Raises Red Flag on 3-D Printing

Stratasys (SSYS) shares are trading below $70 a share this morning. Stratasys is down $18 since Equities Research Warning in January.
 (click here to view Citron Research's Published article yesterday regarding the 3-D space)


Readers of my column and newsletter subscribers are aware that Equities Research Warned on Stratasys in January @ $87 a share.
(click links below to visit 4 articles posted in January)

• 3 D Printer Stock Stratasys is Gonna Get Flattened 

• Wall Street Journal Online Responds to My SSYS Email

• Herb Raised My Red Flag on Chipotle @$430

• Another Stratasys Warning Letter to a Friend

 

Update: 

• The company hasn't filed a financial statement since November and postponed their February report to approx March 4th.
  Its too Opaque to buy this stock. They gave no guidance at the Needham conference.
  
  Need to see Numbers. even the March report will only be numbers through Dec 31, meanwhile 1st quarter will almost be over on March 4.
  
  There's approx 38 million shares out. Times $72 = approx $2.7 billion mkt cap.
  
  if this company was trading at a forward PE of 27 they would have to have 2013 net income of $100 million. I don't see it.
  
  At a fwd PE of 54 for 2013 they would have to have 2013 net income of $50million...i don't see it.
  
  Reality is ....all we know is htat for the first 9months of 2012 they generated $2 million in operational cash flow.
  
  $2 million...with a "M".....-----

•