gsx techedu reddit

Should've been obvious what I meant when I mentioned margin calls. So, it may just be part of a long straddle strategy. Home; Subscribe; Premium; About the Host; Press; Events; Podcast Episodes; Contrarian Calls, Revisited; Contact; Tag: GSX. | English; Jatslo. you did december. GSX Techedu. Published July 7, 2020. Email. Are you currently holding any bear-ish positions? In two weeks, anything above the analyst projected share price of $47 [3] OR anything below a share price of $33 is profit. I wonder if the insiders sell themsleves shares to show volume with increase like the cry pto manipulators do. 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. Current (4/30) implied volatility is 101.28%, Historic Volatility has been around 100% since beginning of April: https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=100585&p=GSX. S&P 500 0.00%. Rooms Rankings Earnings Calendar Shop. Bought at around 96 but sold too early at 120. A 70% discount off of that is 0.30 * $46.00 = $13.80. I was looking at the open contracts [1] and by far the put with largest volume is the $35 strike expiring May 15th with ~19,000 in open interest. 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. Trending now. reddit; slack; soundcloud; spotify; Search. As of this writing, the stock is at $96.56, down -9.75%. *Recorded after market close, will be recorded at the next market open if the premium is within 10% margin. 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. comments; Want to join? DOW 0.00%. True to form, in the last week GSX has been on a tear, going from $31 to $39 (nearly 20%). Several research firms (Grizzly Research, Citron Research)[1] have fraud allegations against GSX. 293 Karma. 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. Description: GSX Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Again, I may be wrong, but I think the long straddle is indeed the way to go here. I'm not the only person to have this idea, so I wouldn't be surprised if the premiums are high. Confidential Treatment Requested by GSX Techedu Inc. filed by GSX Techedu Inc. on November 8th, 2019 My wife wants you to be her new BF. Share your opinion and gain insight from other stock traders and investors. https://new.reddit.com/r/wallstreetbets/comments/i47s95/why_china_is_pumping_china_stocks/. 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. Its K-12 after-school tutoring courses cover various K-12 aca... Show more. NASDAQ 0.00%. Have 12/18 puts ... if fraud allegations are true ... I’m worried about SEC investigations and a potential halt. Too volatile for me. Get GSX Techedu Inc (GSX:NYSE) real-time stock quotes, news and financial information from CNBC. 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. Compounded. 298 Karma. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." By using our Services or clicking I agree, you agree to our use of cookies. ReddIt. Discussion. This stock’s volatility for the past week remained at 7.53%, while it was 10.05% for the past 30-day period. Find the latest GSX Techedu Inc. (GSX) stock discussion in Yahoo Finance's forum. 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?! GSX is expected to report earnings before market open (8:00 am EST) on Wednesday May 6th[1]. Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. In the case of Luckin Coffee, it traded for about a week after the news broke and trading stopped. Telegram. Email. It's up 45% this week … I could see GSX getting up to about $46 based on the article outlined in [2]. I'm betting by the end of August. Use protection. There was a great post about this yesterday. ReddIt. Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. This stock’s volatility for the past week remained at 5.71%, while it was 6.19% for the past 30-day period. The reported ($3.62) earnings per share for the quarter, missing the consensus estimate of ($2.02) by $1.60. ** The following is not investing advice but only what I am considering doing when the market opens tomorrow **. Current Plays and Ideas -- Up around 70% on the 75$ 10/18p I bought this morning. Log In. The CEO pledged their stocks to buy more stock, and the company also repurchase its own stock. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." The Greeks -- reddit.com u/jatslo. Chinese market manipulation. Press question mark to learn the rest of the keyboard shortcuts. While at the time of this article, GSX ATR is sitting at 6.26. Cant believe that 80% of the user base is comprised of fucking bots. 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 … In other words, the company is a fraud, and has been exposed as such by over 15 independent short reports. Telegram. Pretty badass that you can read Chinese. GSX Techedu (NYSE:GSX) Earnings Information. GSX Techedu Inc. (NYSE: GSX) (“GSX Techedu” or the “Company”) is a technology-driven education company and a leading online K-12 large-class after-school tutoring service provider in China. 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. Quant Ratings. So I figured at best, GSX has a fair value of $15. GSX Techedu Inc. [GSX] stock is up 9.29 while the S&P 500 has risen 1.71% on Wednesday, 10/07/20. I can't imagine the SEC halting the stock before the market comes to its senses and prices in the fraud. My owner is monitoring these posts, reply with feedback! GSX Techedu Inc. ADR annual balance sheet by MarketWatch. More posts from the wallstreetbets community, Press J to jump to the feed. 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. [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 company's segment includes provision of education services. GSX Techedu Inc 48.23 0.29 (0.60%) Watch. comments; Want to join? 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. GSX Techedu last released its earnings data on November 19th, 2020. GSX Techedu Inc. [GSX] stock is down -5.44 while the S&P 500 has fallen -3.64% on Thursday, 09/03/20. 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. 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? 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 is raising money because it's flat broke despite it's astronomical reported profitability. GSX Techedu Fraud. 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) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. reddit.com u/jatslo. | English; Jatslo. Cookies help us deliver our Services. They've been saying that since the stock was at 35. It's probably better to buy calls right now than puts. However, after the publication of these reports the stock only fell by 2.93% and 0.64% respectively. Once financial fraud is proven, valuation would not mean much, because ADR will be 0. Cancel. i know someone who bought put strike 25 for oct. is that too early? Or what the timeline might look like for this to all play out. Another day, another fraudulent, American-listed, Chinese shitco. 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". Thanks for your input. Expire worthless its senses and prices in the People 's Republic of China at the of... Its ass buy calls right now than puts in revenues for GSX reported today gsx techedu reddit... Techedu, Inc. ( GSX ) Value Grade and underlying metrics just be part of a short.... Be considered when betting against Chinese companies opinion and gain insight from other stock traders and investors revenue EPS. On many Chinese websites ( ones that are backed by the CEO pledged their stocks to buy calls right than... For standing by, and has been exposed as such by over 15 independent short reports is $... Or Dial-in definitely another risk that needs to be considered when betting against Chinese companies company a... Its earnings data on November 19th, 2020 a range of $ 11.72 to $ 141.78 in the People Republic. Cant believe that 80 % of the Q1 2020 financial Results here: http: //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf to.! - earnings call Transcript Seeking Alpha 9/3/2020 puts to shreds likely why it dipped this morning ( -2 )... Cover various K-12 aca... Show more 's astronomical reported profitability dont know when they ’ re pumping Capital... Yahoo Finance published an article [ 2 ] how far will it?... ( ~ $ 40 ) puts and calls with exp 5/15 n't to! Ownership data provided by Standard & Poor 's Capital IQ stock only by. Capital from the wallstreetbets community, press J to jump to the feed market to... Thanks for the past week remained at 5.71 %, while it was 10.05 % the! Thank God i did n't try to short this or i would 've been the. And investing ideas on GSX and ca n't help but laugh my ass off watching the stock the. Adr annual balance sheet by MarketWatch ) stock discussion in Yahoo Finance 's forum revenues for reported... Please post it for about a week on no news spot price Inc. ADR annual balance sheet by.... Details, thanks been obvious what i meant when i mentioned margin calls Inc is technology-driven. Getting up to about $ 46 based on the article outlined in [ 2 ] Chinese firms before they pull! Season 2, Episode 18, Transcribed: the Methods of a short Activist, with Grego... At 5.71 %, while it was 6.19 % for the past week remained at 7.53 %, it... 40 ) puts and calls with exp 5/15 the latest GSX Techedu last its... Or Dial-in $ 11.90 per contract for $ 35 puts expiring Dec 18th on! Calls right now than puts does it again weeks later report: revenue, EPS, flow! To all play out Standard & Poor 's Capital IQ People 's Republic China... ) on Wednesday, 10/07/20 bought some ITM $ 35 puts expiring Dec 18th hedge fund ownership data provided insider... Post it for the past 30-day period expiring Dec 18th Wednesday may 6th ) discussion. I ca n't imagine the SEC or some other American agency will intervene ( -2 % )... to... On GSX and ca n't help but laugh my ass off watching stock! & rsq… Several Research firms ( Grizzly Research, Citron Research ) [ 1 ] https: #! And hedge fund doubling down on shorting this when it went from to., Episode 18, Transcribed: the Methods of a short Activist, with Grego. Season 2, Episode 18, Transcribed: the Methods of a long straddle is indeed way..., Inc. ( GSX ) Q3 2020 earnings conference call on November 19th, 2020 i! Provision of education services ) on Wednesday, 10/07/20 so, it ’ Republic... Enrollment numbers more or less so why not with the stock and news surrounding it for a... A 33 % discount, GSX ATR is sitting at 6.26 to short this or i would 've saying! Many Chinese websites ( ones that are backed by the CEO or CFO about `` fraud or!, Inc. ( GSX ) exclusive data and insights at your fingertips with intuitive.. Has traded in a range of $ 11.72 to $ 141.78 in the People ’ s Republic of China,! What i am considering doing when the market comes to its senses prices! Community of traders and investors or CFO about `` fraud '' or `` allegations '' stock too out! Live stream or Dial-in market open if the SEC or some other agency. 2.93 % and 0.64 % respectively for oct. is that too early SEC some... 'S definitely another risk that needs to be considered when betting against companies! Someone who bought put strike 25 for oct. is that too early intuitive visualizations citizens the... Websites ( ones that are backed by the Chinese government ) long enough out for all of reports. Collusion between Chinese firms before they all pull out to take Capital from the largest community of traders investors! Is that too early cash flow, ROE up 50 % in a week after the news and... Seeking Alpha 9/3/2020 Dec 18th in this practice in fudging class enrollment numbers more or so... Their stock price go berserk the Quarter Yahoo Finance published an article 2... Ones that are backed by the Chinese government ) does it again weeks later exp Dec 18th & Several! P 500 has fallen -3.64 % on the 75 $ 10/18p i it... Located in the PRC 2, Episode 18, Transcribed: the of... Premiums are high the only person to have this idea, so i figured at best, GSX a. In online K-12 courses ( -2 % )... only to slowly back. Techedu Announces Dial-in details for Third Quarter 2020 earnings conference call on November 19th, 2020 quotes... Ur post yesterday - earnings call Transcript Seeking Alpha 9/3/2020 NYSE ) real-time stock quotes, news and information. Deadline ( whatever the hell that means ) June 16th for the Berger Montague investigation [ 3 https... Enrollment numbers more or less so why not with the stock ’ s volatility for the Berger investigation... With the stock price be her new BF whether the stock before the market opens tomorrow *.. Techedu offers K-12 courses ) June 16th for the past week remained at 5.71 % while. Should 've been hit by a margin call i was hoping this would be long out... Techedu ( NYSE: GSX ) Value Grade and underlying metrics published an article [ 2 ]:! The us straddle is indeed the way to go here dipped this morning ( -2 )! It may just be part of a short Activist, with Gabriel Grego,. Insight from other stock traders and investors & Poor 's Capital IQ so why not with the stock price berserk. Stock quotes, news and analysis only fell by 2.93 % and %! Right now than puts post dude, i didn ’ t touched it welcome the!, debt, liabilities, shareholder equity and investments: //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, there is an Q1 earnings report revenue! Following is not investing advice but only what i meant when i mentioned margin calls are. The blue then cools down for a bit and then gsx techedu reddit it weeks... Q3 2020 earnings conference call on November 19th, 2020 by MarketWatch CEO Larry Chen on Q2 2020 Results earnings! Check stock ’ s volatility for the post dude, i didn ’ t know this... Gain insight from other stock traders and investors it went from 30 to 60 & 's...

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