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  "documentTitle": "Playtika Holding Corp. (PLTK)",
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  "presentationDate": "2022-02-03 00:00:00",
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      "text": "We believe PLTK's business is unattractive in even the best of times, and see a potential downside of over 40% in the short to medium term.",
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      "text": "THE REPORT AND ALL STATEMENTS CONTAINED HEREIN ARE THE OPINIONS OF GRIZZLY RESEARCH...",
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      "text": "What we believe has happened here is a pattern that we unfortunately observe all too often in today's heated public markets. Foreign insiders that anticipate secular changes, often of regulatory nature, pull as much money as possible out of their business and sell it off to US public investors.",
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      "text": "In our opinion, one key sign that regulatory intervention is on its way is the fact that Chinese insiders aggressively pulled money out of the company and loaded it up with debt just prior to bringing the company public in the US.",
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      "text": "We laid out in this report why we believe investors should be very cautious of PLTK. The company operates in an environment with huge regulatory risk and seems to be playing into the most immoral aspects of the business aggressively.",
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      "text": "Additionally, our research indicates that a significant portion of PLTK shares is indirectly pledged in China, which creates another layer of undisclosed risk for investors. We believe PLTK's business is unattractive in even the best of times, and see a potential downside of over 40% in the short to medium term.",
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