If you are a novice investor, you have probably heard of Sahm Adrangi, the genius whistle blower who owns Kerrisdale International. For more than ten years, Adrangi has been shaping his career around major financial services companies. Consequently, he has been able to garner vast experience from various institutions. What is more, these experiences have propelled his career into greatness as right now, he has been identified and recognized for his significant roles in investigating companies and releasing reports regarding their viability in business.
Sahm Adrangi’s journey at Kerrisdale Management Capital began in 2009. However, he started practicing earlier on when he worked at Deutsche Bank. After that, he moved to Chanin Capital Partners. Having practiced for some time, he considered himself experienced enough to try out other companies. Therefore, Adrangi joined Longacre Fund Management LLC. In this company, he worked as a financial analyst as well.
Over the years, Sahm Adrangi has mastered the art of exposing fraudulent companies with QuinStreet, Inc as the most recent. According to Sahm Adrangi, there are crucial details of significant patterns of phony activities registered to QuinStreet’s proprietary websites. Because these websites generate revenue for the company, it is essential for the company to exercise great safety precautions with the sole intention of protecting its clients. However, it looks like QuinStreet Inc has failed in its objective. Therefore, since Sahm Adrangi specializes in whistleblowing with the sole purpose of protecting clients from the likes of QuinStreet, he has taken up the role by highlight major disappointing points in the business.
The First Point of Concern
The first point that is highlighted by Sahm Adrangi is the fact that QuinStreet Inc has tremendously benefited from only one major client. For that reason, there are a lot of questions that need to be addressed by the company. For starters, why does the money flow only from one client?
The Second Point of Concern
The second point he highlights is the fact that the company’s stock price has blossomed tremendously. According to Adrangi, this is highly unlikely because of competent strategies because the growth cannot be measured against significant performance indicators. Therefore, it is right to conclude that there is serious doubt in regards to the source of the quadrupled stock price.