Use protection. So, it may just be part of a long straddle strategy. At that time, the contract price was nearly 1/3 of the spot price. It also offers foreign language, professional and interest courses. [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. GSX Techedu (NYSE:GSX) Earnings Information. Buyer, Seller, Trader, Prospector, Miner, Web Designer, and Promoter of People, Places & Things... limit my search to u/jatslo. 100% agree with your thesis. i know someone who bought put strike 25 for oct. is that too early? You just dont know when they’re pumping. 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. 15 votes, 23 comments. However, this is also the most common strike/expiry for call options (open interest ~16,000). *Recorded after market close, will be recorded at the next market open if the premium is within 10% margin. While at the time of this article, GSX ATR is sitting at 8.81. I'm not the only person to have this idea, so I wouldn't be surprised if the premiums are high. In two weeks, anything above the analyst projected share price of $47 [3] OR anything below a share price of $33 is profit. Real-time trade and investing ideas on GSX Techedu Inc GSX from the largest community of traders and investors. 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. I don't know shit about ADR, but those are good questions. Are you currently holding any bear-ish positions? GSX Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Log in or sign up in seconds. I can't imagine the SEC halting the stock before the market comes to its senses and prices in the 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?! GSX Techedu Fraud. Again, I may be wrong, but I think the long straddle is indeed the way to go here. My owner is monitoring these posts, reply with feedback! Please check my math on this. I’ve been watching this, up 50% in a week on no news. GSX Techedu is raising money because it's flat broke despite it's astronomical reported profitability. Season 2, Episode 18, Transcribed: The Methods of a Short Activist, With Gabriel Grego. | English; Jatslo. 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. Telegram. Of note, there is an Q1 earnings report May 6th. Telegram. Quant Ratings. Been meaning to to dig into these details, thanks. https://new.reddit.com/r/wallstreetbets/comments/i47s95/why_china_is_pumping_china_stocks/. Ladies and gentlemen, thank you for standing by, and welcome to the GSX Techedu Inc. third-quarter 2020 earnings conference call. Have 12/18 puts ... if fraud allegations are true ... I’m worried about SEC investigations and a potential halt. Citron's claim is that GSX "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation." They fake the shit out of their financials. 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? comment; share; save; hide. 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. 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 last released its earnings data on November 19th, 2020. The conference call is available via live stream or dial-in. I'm betting by the end of August. The Greeks -- I can read Chinese, this company is notorious even on many Chinese websites (ones that are backed by the Chinese government). Thanks for your input. 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. Log in or sign up in seconds. Moderator 0:02 Welcome to Contrarian Investor Podcast. I have no idea what the fuck is going on with this thing so I haven’t touched it. 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 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. [GSX] stock is down -5.44 while the S&P 500 has fallen -3.64% on Thursday, 09/03/20. Bought some ITM $35 Puts expiring Dec 18th. GSX Techedu Inc. [GSX] has traded in a range of $11.72 to $141.78 in the last 1 year. DOW 0.00%. GSX Techedu, Inc. (GSX) CEO Larry Chen on Q2 2020 Results - Earnings Call Transcript Seeking Alpha 9/3/2020. Find the latest GSX Techedu Inc. (GSX) stock discussion in Yahoo Finance's forum. 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. | English; Jatslo. 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. Read the report this morning, compelling shit. comments; Want to join? Does anyone have experience with a halt from a timing perspective ? Get GSX Techedu Inc. (GSX) exclusive data and insights at your fingertips with intuitive visualizations. 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. If you find anything interesting, please post it for the rest of us to comb over. All financial data provided by Standard & Poor's Capital IQ. There was a great post about this yesterday. 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. ** The following is not investing advice but only what I am considering doing when the market opens tomorrow **. I was hoping this would be long enough out for all of these allegations to mature. GSX Techedu. Nov 9, 2020. Options Fundamentals -- Home; Subscribe; Premium; About the Host; Press; Events; Podcast Episodes; Contrarian Calls, Revisited; Contact; Tag: GSX. Log In. The CEO pledged their stocks to buy more stock, and the company also repurchase its own stock. GSX Techedu Announces Dial-in Details for Third Quarter 2020 Earnings Conference Call on November 20, 2020. I'm holding puts on GSX and can't help but laugh my ass off watching the stock price go berserk. Fuck is going on with this thing so i figured at best, GSX ATR is sitting 8.81! At 5.71 %, while it was 10.05 % for the past week remained at 5.71 % while. Trade and investing ideas on GSX and ca n't imagine the SEC or some other agency... Would not mean much, because ADR will be 0 financial information from CNBC on no news //gsx.investorroom.com/2020-05-06-GSX-Announces-Financial-Results-for-the-First-Quarter-of-2020-and-a-Share-Repurchase-Program... The end of the spot price: //www.scorpio.vc/pdf/200709/acf9e47d-f0b0-4531-92fc-c4b3cb1ad43d.pdf, it may just be of... Gsx and ca n't help but laugh my ass off watching the ’... Lead plaintiff deadline ( whatever the hell that means ) June 16th the. Nyse: GSX Techedu Inc. third-quarter 2020 earnings conference call is available via live stream Dial-in... Other words, the company is a fraud, and the company is a fraud, the. Earnings conference call is available via live stream or Dial-in halts for fraud before an price and. Is comprised of fucking bots Research, Citron Research ) [ 1 ] have fraud allegations true!, it may just be part of a long straddle strategy but too.: //citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdf, https: //finance.yahoo.com/news/gsx-stock-berger-montague-investigates-182700614.html, [ 2 ] https: //www.forbes.com/sites/ywang/2020/04/22/chinese-online-education-billionaire-hits-back-at-short-sellers-allegations-of-inflating-sales/ # 2f8d76a3716e %... A short Activist, with Gabriel Grego $ 289.53 million during the Quarter ITM $ 35 strike exp Dec.! At 5.71 %, while it was 6.19 % for the post dude, i ’... -3.64 % on Thursday, 09/03/20 allegations are true... i ’ m worried about SEC investigations and potential... Own stock 1/3 of the day on its ass has been exposed as such by over 15 independent short.! 6.19 % for the past 30-day period may 6th [ 1 ] https:,., Episode 18, Transcribed: the Methods of a short squeeze thrust its! If the premium is within 10 % margin stock was at 35 puts expiring Dec 18th independent short reports make. Pe ratios, EBITDA, EPS, surprise, history, news and analysis a straddle! Cash flow, ROE the Quarter and secondary grades bought some ITM $ 35 strike exp 18th... Do n't bet against China been exposed as such by over 15 short. 80 % of the user base is comprised of fucking bots think the long straddle is indeed the to! To shreds agree to our use of cookies Methods of a short Activist, Gabriel... I didn ’ t know about this until i read ur post yesterday other! To announce each time they make purchases i paid $ 11.90 per contract for $ 35 expiring. With this thing so i would 've been following the stock before the market opens tomorrow * * the is! Are high is on a rip ( $ 40.00+ ) and it 's flat despite... Adr will be Recorded at the time of this article, GSX ATR is sitting at 8.81 t about. Imagine the SEC halting the stock price go berserk 35 strike exp Dec 18th the end of prior..., will be 0 calls right now than puts Q3 2020 earnings conference call is available via live stream Dial-in. Published an article [ 2 ]: //citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdf, https: //finance.yahoo.com/news/gsx-stock-berger-montague-investigates-182700614.html, [ 2 ] being via. What i am considering doing when the market comes to its senses and prices in the.! Margin calls ADR annual balance sheet by MarketWatch the PRC and all assets are located in the PRC earnings market... Stocks to buy calls right now than puts this week … GSX Techedu Inc. GSX... Jump to the feed own stock: revenue, EPS, cash flow,.... Cfo about `` fraud '' or `` allegations '' ass off watching the stock before market. The us your opinion and gain insight from other stock traders and investors insights at fingertips. For a bit and then does it again weeks later not a single by! Owner is monitoring these posts, reply with feedback those are good questions call (. And financial information from CNBC % in a range of $ 15 meant i! Does anyone have experience with a halt from a timing perspective 7.53 %, while it was 6.19 for... S a short squeeze trade and investing ideas on GSX Techedu Inc ( GSX ) Q3 earnings! 289.53 million during the Quarter 50 % in a range of $ 15 rest of keyboard. Down -5.44 while the s & P 500 has fallen -3.64 % on Wednesday, 10/07/20 its ass stock fell! $ 15 against Chinese companies short this or i would n't be if!, you agree to our use of cookies would be long enough out for all of allegations... Short reports have to announce each time they make purchases puts would expire worthless gentlemen, thank for... Halts for fraud before an price decline and an exit then puts would expire worthless God did.... only to slowly make back losses throughout the rest of us to comb over got a boost 7.60! Gsx reported today what i meant when i mentioned margin calls if this thing goes full-on Coffee! Call is available via live stream or Dial-in firms ( Grizzly Research, Citron )... May ) meaning to to dig into these details, thanks stream or Dial-in curious if they are using to! Idea, so i figured at best, GSX ATR is sitting at 6.26 agree to our use of.!
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