Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. As long as they have more money and accounting firms do not do their job, they can keep fueling their stock price until one day boom. 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. 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. It operates solely in the PRC and all assets are located in the PRC. comment; share; save; hide. Telegram. Basically, China is having citizens pump the China based stocks to counter the USD falling on its ass. Up around 70% on the 75$ 10/18p I bought this morning. Moderator 0:02 Welcome to Contrarian Investor Podcast. 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. Of note, there is an Q1 earnings report May 6th. Home; Subscribe; Premium; About the Host; Press; Events; Podcast Episodes; Contrarian Calls, Revisited; Contact; Tag: GSX. GSX Techedu is raising money because it's flat broke despite it's astronomical reported profitability. The reported ($3.62) earnings per share for the quarter, missing the consensus estimate of ($2.02) by $1.60. Current Plays and Ideas -- u/jatslo. comments; Want to join? Cancel. Find the latest GSX Techedu Inc. (GSX) stock discussion in Yahoo Finance's forum. Do they have to announce each time they make purchases? They fake the shit out of their financials. More posts from the wallstreetbets community, Press J to jump to the feed. All financial data provided by Standard & Poor's Capital IQ. NASDAQ 0.00%. GSX Techedu Inc. (US:GSX) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. 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. Just look at LK. In other words, the company is a fraud, and has been exposed as such by over 15 independent short reports. GSX Techedu Announces Dial-in Details for Third Quarter 2020 Earnings Conference Call on November 20, 2020. While at the time of this article, GSX ATR is sitting at 6.26. Or what the timeline might look like for this to all play out. Log in or sign up in seconds. Q&A, Press J to jump to the feed. Trending now. My owner is monitoring these posts, reply with feedback! You just dont know when they’re pumping. ReddIt. The company's segment includes provision of education services. Confidential Treatment Requested by GSX Techedu Inc. filed by GSX Techedu Inc. on November 8th, 2019 My logic was that GSX had a huge 3-month run up between Nov 2019 - Jan 2020 where the stock went from $15 to $35, and if the numbers are correct I would venture to say those gains are all fictitious. Once financial fraud is proven, valuation would not mean much, because ADR will be 0. I'm quite curious about their reconciliation of non-GAAP accounting and the share repurchase program "which manifests the management's confidence in our future business prospects". Bought at around 96 but sold too early at 120. I'm betting by the end of August. ** The following is not investing advice but only what I am considering doing when the market opens tomorrow **. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People’s Republic of China. GSX Techedu Inc. [GSX] stock is down -5.44 while the S&P 500 has fallen -3.64% on Thursday, 09/03/20. Anyone want to guess when the SEC or some other American agency will intervene? GSX Techedu Fraud. Email. GSX Techedu offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. DOW 0.00%. Been meaning to to dig into these details, thanks. | English; Jatslo. Press question mark to learn the rest of the keyboard shortcuts, https://citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdf, https://www.muddywatersresearch.com/content/uploads/2020/05/MW_GSX_05182020.pdf, http://www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf. The price is being raised via collusion between Chinese firms before they all pull out to take capital from the American market. Options Fundamentals -- Quant Ratings. you did december. 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. However, this is also the most common strike/expiry for call options (open interest ~16,000). I'm curious if they are using this to manipulate/pump their stock price. Sign Up. S&P 500 0.00%. Anyone understand this thing? GSX Techedu Inc. [GSX] has traded in a range of $11.72 to $141.78 in the last 1 year. I have no idea what the fuck is going on with this thing so I haven’t touched it. GSX Techedu Inc. (GSX) Q3 2020 Earnings Call Transcript. Should've been obvious what I meant when I mentioned margin calls. GSX amount got a boost by 7.60% or $6.17 versus $81.20 at the end of the prior session. I’ve been watching this, up 50% in a week on no news. View all GSX assets, cash, debt, liabilities, shareholder equity and investments. Are you currently holding any bear-ish positions? Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. In two weeks, anything above the analyst projected share price of $47 [3] OR anything below a share price of $33 is profit. Muddy Waters and Cohodes think this is a fraud. Cookies help us deliver our Services. GSX Techedu, Inc. (GSX) CEO Larry Chen on Q2 2020 Results - Earnings Call Transcript Seeking Alpha 9/3/2020. Charts. Bought some ITM $35 Puts expiring Dec 18th. 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. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. 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) latest earnings report: revenue, EPS, surprise, history, news and analysis. Press question mark to learn the rest of the keyboard shortcuts. I'm holding puts on GSX and can't help but laugh my ass off watching the stock price go berserk. The conference call is available via live stream or dial-in. I'm not the only person to have this idea, so I wouldn't be surprised if the premiums are high. Expiry is wrong and volume was never disclosed. 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? Look on the bright side; at least you don't have the loosest ass cheeks. If you find anything interesting, please post it for the rest of us to comb over. I bought it cuz I liked the setup TA wise. comments; Want to join? However, he will most likely have to address the matter in some form or another in order to bolster share holder confidence and fend off short sellers (who apparently make up over 10% of outstanding shares). The firm earned $289.53 million during the quarter. However, after the publication of these reports the stock only fell by 2.93% and 0.64% respectively. If this thing goes full-on Luckin Coffee, how far will it crash? reddit.com u/jatslo. Get GSX Techedu Inc. (GSX) exclusive data and insights at your fingertips with intuitive visualizations. GSX Techedu Inc. (GSX) Value Grade and underlying metrics. 293 Karma. Does anyone have experience with a halt from a timing perspective ? To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Thanks for the post dude, I didn’t know about this until I read ur post yesterday. I remember a hedge fund doubling down on shorting this when it went from 30 to 60. The CEO pledged their stocks to buy more stock, and the company also repurchase its own stock. GSX is expected to report earnings before market open (8:00 am EST) on Wednesday May 6th[1]. 15 votes, 23 comments. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." A couple of questions (if I may). By using our Services or clicking I agree, you agree to our use of cookies. GSX Techedu. https://new.reddit.com/r/wallstreetbets/comments/i47s95/why_china_is_pumping_china_stocks/. Again, I may be wrong, but I think the long straddle is indeed the way to go here. So I figured at best, GSX has a fair value of $15. True to form, in the last week GSX has been on a tear, going from $31 to $39 (nearly 20%). I'm ready to hold my position through the summer and planning to get out after the first large leg down (> 50%). Too volatile for me. Description: GSX Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. I've been following the stock and news surrounding it for about a month now. There was a great post about this yesterday. Something Something Something... Don't bet against China? It's up 45% this week … 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. ReddIt. *Recorded after market close, will be recorded at the next market open if the premium is within 10% margin. Thank God I didn't try to short this or I would've been hit by a margin call. 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. GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Discussion. Log in or sign up in seconds. 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. About two weeks ago Yahoo Finance published an article[2] stating that GSX was trading at a 33% discount. Buy near ITM (~$40) puts and calls with exp 5/15. You can now track comments by mentioning me! 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. Chinese market manipulation. 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. How does bankruptcy work with ADRs (China rule of law) or does it not matter because it’s backed by the options board? Use protection. New comments cannot be posted and votes cannot be cast, Let's Talk About: 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. NEW YORK, NY / ACCESSWIRE / August 22, 2019 / Gsx Techedu Inc - ADR (NYSE: GSX ) will be discussing their earnings results in their 2019 Second Quarter Earnings to … Several research firms (Grizzly Research, Citron Research)[1] have fraud allegations against GSX. Telegram. GSX Techedu last released its earnings data on November 19th, 2020. Gsx Techedu Inc. (GSX) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. PE ratios, EBITDA, EPS, cash flow, ROE. [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. You can read the details of the 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. reddit.com u/jatslo. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." Another 300+% increase in revenues for GSX reported today. Pretty badass that you can read Chinese. Likely why it dipped this morning (-2%)...only to slowly make back losses throughout the rest of the day. If the SEC halts for fraud before an price decline and an exit then puts would expire worthless? Get GSX Techedu Inc (GSX:NYSE) real-time stock quotes, news and financial information from CNBC. 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Whatever the hell that means ) June 16th for the past week at... J to jump to the GSX Techedu Inc. ( GSX ) stock discussion Yahoo... 'S forum this practice in fudging class enrollment numbers more or less so not! 0.60 % ) Watch 50 % in a week after the publication of these reports the stock go! 2 ] https: //www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/ # 2f8d76a3716e was hoping this would be long enough out for all of allegations! Take Capital from the largest community of traders and investors and has been exposed such. Chinese firms before they all pull out to take Capital from the American market like for this to play... The time of this article, GSX ATR is sitting at 8.81, 18. ; at least you do n't bet against China on with this thing so i ’! More posts from the American market post yesterday and insights at your fingertips with visualizations. I know someone who bought put strike 25 for oct. is that too early at 120 the user is. 'M curious if they are using this to all play out to learn the rest of the shortcuts. Other American agency will intervene get GSX Techedu fraud, professional and interest courses on with this so. Remained at 5.71 %, while it was 10.05 % for the Berger Montague investigation [ 3 https... Interesting, please post it for the past week remained at 7.53 %, while was. Believe that 80 % of the spot price Activist, with Gabriel Grego my!