Citron Research’s decision to stop publishing short reports comes amid the short squeeze in … Citron Research says it will stop publishing short-seller research after the GameStop squeeze. "What a run the past month for … Today, governments around the world use Palantir Gotham and Palantir Foundry to understand and defend against evolving threats to national security, from cyberattacks to disinformation to insurgencies. PLTR is right now. In the third quarter of 2020, we generated revenue of $289.4 million, up 52% year-over-year, which is approximately $9 million above the high end of our prior guidance range. Citron Research has announced that it will no longer publish short reports. The company grew revenue 25% year-over-year to $742 million in 2019. Shares have retraced over 39% since printing $10.01 early in Tuesday's session. Meanwhile, Citron uses the very same headline on its research note—“The Most Ridiculous IPO of 2020”—as a report published Dec. 2 by the boutique research firm New Constructs. The move marks a major reversal in the firm’s strategy as it says it will now focus on long opportunities for investors. Citron’s NIO short report is fake news. Palantir will sink by around 33% as reality catches up to its huge rally, Citron Research said on Friday. Virginia becomes first Southern state to vote to legalize recreational marijuana use in … This entire selloff was pretty much fueled by a few sensationalist headlines such as "Citron Pulls Plug on NIO" along with a price target pulled out of the ass of a non-analyst with a history of making false and misleading statements intended to manipulate the market to his benefit. This accelerated to 49% year-over-year to $481 million … They’re wrong about NIO and PLTR. PLTR: Palantir Technologies Inc. - Full Company Report. 4 weeks Citron shorting Palantir Reddit. So, as of today, Citron Research will no longer be publishing what can be considered as short-selling reports." BRIEF-Citron Research Says It Is Shorting Palantir With $20 2020 Target. Mar 13, 2014 8:56 AM EDT. — Citron Research (@CitronResearch) November 27, 2020. After the option alert, the stock price moved up to $22.28. Palantir was among the companies targeted by Citron as a short, with the investment firm writing back in November that Palantir is "no longer a stock but a full casino." We would like to show you a description here but the site won’t allow us. NEW YORK ( TheStreet) -- TheStreet's Robert Weinstein produced some of his best work ever Wednesday afternoon in Don't Let Citron Research … Noted short seller Citron Research tweeted out its dismay at Palantir's rise on Friday, calling it "not a stock, but a full casino," before saying it was shorting the firm's shares at $20. Palantir’s Financials. Palantir stock forecast at $20/share for 2020 by short-seller Citron 1 month ago by Seeking Alpha Palantir (PLTR +4.8%) pulls back from its early morning gains after short-seller Citron Research tweets about shorting the stock with a $20 2020 price targ. For the 9 months ended September 2020 compared to the same period last year: Revenue of the government sector increased by $177M (73%), of the increase 84% was from existing customers. Then, this from short-seller Citron Research hit the stock: On that same day, one financial blogger asked the question : “Is Palantir the next Facebook FB, -2.91% or the next Myspace?” Citron Research initiated a short position on Palantir shares on Friday, saying the stock's 300% leap since its direct listing on September 30 is unsustainable. Andrew Edward Left (born July 9, 1970) is an activist short seller, author and editor of the online investment newsletter Citron Research, formerly StockLemon.com. Palantir was founded in 2004 with a mission to help intelligence agencies make better use of their data securely and responsibly. Palantir Reports Revenue Growth of 52% in the Third Quarter, Raises Full-Year 2020 Guidance Business Wire - 11/12/2020 4:05:00 PM: Palantir Announces Date of Third Quarter 2020 Earnings Release and Conference Call Business Wire - 10/29/2020 4:05:00 PM: Palantir Technologies Joins The Trinity Challenge Business Wire - 10/28/2020 5:00:00 AM GameStop shares were marked 63% … Citron Research that Called Jumia Fraud, Ends 20 Years Short Selling Report After Losing Big on GameStop. What a day for Jumia? Financial Results. Late last week, short-selling firm Citron Research had some choice words to say about Palantir stock. Now what Citron Research was arguably the most well-known activist short-selling firm, with Andrew Left at the helm. Palantir falls after Citron announces short position with $20 target. To paraphrase, the company sent out a social … Nov 27 (Reuters) -. — 10:14 AM ET 11/27/2020. Citron is known for their highly publicized bearish research reports, which they publicly released online. Get the latest Full Company Report for Palantir Technologies Inc. from Zacks Investment Research Under the name Citron Research, Left publishes reports on firms that he claims are overvalued or are engaged in fraud. The stock in morning trading is well off the day's highs but remains up 47c to $29.52. Last week, famed short-seller Andrew Left of Citron Research called Palantir's rally unsustainable and called the stock a "casino." Palantir’s shares reacted by reversing a strong open and trading down as much as 10% for the day before recovering somewhat to close down 4.8%. The short-selling firm said it expected Palantir to tumble roughly 33%, to $20, by the end of the year. Citron said it was initiating a short with a target price of $20 per share, well below the stock’s $27.66 Friday closing price. Palantir Technologies (NYSE: ... notorious short seller Citron Research called PLTR late last year. Palantir's shares reacted by reversing a strong open and trading down as much as 10% for the day before recovering somewhat to close down 4.8%. Citron Research has removed its bearish report on Cytodyn ( OTCQB:CYDY +7%) that it published yesterday. go to hell Citron. — Citron Research (@CitronResearch) November 27, 2020. I hope they get burned bad with more people buying the dip. Ok so basically Citron Research initiated a short position on Palantir shares on Friday, saying the stock's 300% leap since its direct listing on September 30 is unsustainable. Was wondering why my PLTR dropped and I saw Citron is at it again. submitted by /u/hockeyfun1. “No longer a stock but a full casino”…. BY Reuters. https://postimg.cc/yD1qQLp4. Citron Research said it is short Palantir (NYSE: PLTR) with a $20 price target.They said PLTR is "no longer a stock but a full casino." Shares of Palantir moved lower after Andrew Left's Citron Research announced a new short position in the name with $20 year-end price target. On Tuesday, shares of Palantir Technologies PLTR 1.85% saw unusual options activity. They see shares … In one tweeter, the short selling company has set a year-end price target of $ 20 for Palantir shares.Shares of the data mining company have risen more than 300% since a … Fuck Citron. Palantir’s revenue has had a CAGR of 68.8% since inception, and 27.6% for the last three years. Sentiment: BEARISH. Our operating results have continued to show significant improvement. Citron has been in the short-selling game for twenty years, since its start in 2001 as StockLemon. * CITRON RESEARCH SAYS IT IS SHORTING PALANTIR WITH $20 2020 TARGET Source text: https://bit.ly/3fHhnCn. Wallstreetbets just killed Citron Research’s criminal short-selling report that tagged Jumia fraud and plunged the shares of the e-commerce giant shortly after getting listed on NYSE.. Discussion. Palantir Technologies Inc. posted its best week since it went public in September, adding about $17 billion in market value as a broad rally in tech stocks helped fuel gains in the software maker.