The Opportunity to Buy Remark Holdings On the Cheap

January 30, 2018 at 11:37 am 2 comments

We see a tremendous opportunity in shares of Remark Holdings (NASDAQ: MARK) today, as broader market weakness and what appears to be a piling on of opportunistic short sellers have pushed MARK shares down over 30% the last two weeks without any negative company or industry news. The shorts’ aggressive tactics have pushed the shares so far today that they just triggered NASDAQ’s “uptick rule” for the day and MARK shares are trading well below the levels they traded prior to the company’s most recent update revealing the company’s new Fintech product that had led to multi-million dollar contracts with three large banks in China. We see Kankan’s Fintech division as likely worth significantly more than $10 per Remark share based on its existing products and management has indicated that we should see more new offerings in the near future.

While short sellers and other speculators have tried to use unsubstantiated accusations and false innuendo to spook Remark investors, we think holders of MARK shares would do well to take a hard look at the CP Group’s investment in Remark shares last month. CP Group is arguably one of the savviest and most opportunistic acquiror’s in the history of Chinese commerce and you can be sure that their due diligence process is significantly more rigorous than anything an individual investor or even what most institutional investors could put forth. They paid $12 per MARK share to take down $10 million worth of Remark shares. CP Group did this before the stock had ever traded that high and they did it knowing that they would have to hold those shares for at least a year before they could sell them. CP Group made this investment because they know that by December of 2018, the stock will be worth substantially more than the $12 they paid to acquire them. Remark shares are worth much more than $12 per share today and we believe they will be worth substantially more in the near future.  Remark Holdings’ shares are dirt cheap below $10 and today’s trading is offering an opportunity that may not be around very long.

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Entry filed under: Uncategorized.

Is LMFA About To Go Blockchain? Short Sellers Knock 40% Off MARK Stock In Two Days With Bogus Claims

2 Comments Add your own

  • 1. Colt  |  January 30, 2018 at 11:26 pm

    What a fast plunge. History of China corruption not helping. I wish someone would take them over at a premium.

    Reply
  • 2. Colt  |  February 6, 2018 at 2:03 pm

    WTF – I knew it. Damn fraud.

    Reply

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