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This is a short-seller research note page alleging fraud.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment4 hits
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This is a page from a short-seller research report (Muddy Waters/similar style).KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment4 hits
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The slide uses a 'fraud-exposure' framework to contrast company-reported figures with independent data collection results.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment4 hits
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The slide uses investigative findings (photos, agent interviews, and SAIC certificate cross-referencing) to challenge the integrity of store counts on the platform.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg4 hits
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The slide uses photographic evidence of a store plaque and a business license to highlight a specific case of address inconsistency.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction4 hits
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This slide is part of a short-seller report alleging fraudulent store count inflation by BEKE.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction4 hits
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The slide details the data scraping process for store-level metrics (agents, address, brand) and transaction-level metrics (completed transactions, pricing, listing details).KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction4 hits
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Includes detailed footnotes referencing external data sources for real estate market analysis.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction4 hits
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Includes a footnote regarding 3Q21 data adjustments.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction4 hits
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The slide uses screenshots of BEKE's platform to demonstrate that different branch numbers share the same location description, suggesting fraudulent store reporting.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction4 hits
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The slide uses a table to illustrate sensitivity analysis of net monetary positions and text to detail the contradiction between UK and Malta subsidiary filings.dLocal (DLO) · Carson Block
Research note Short seller Beat · Expose ContradictionLoop · Pattern Hunter4 hits
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The slide highlights discrepancies in financial reporting between different versions of prospectuses.dLocal (DLO) · Carson Block
Research note Short seller Beat · Appendix DataLoop · Pattern Hunter4 hits
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Contains extensive footnotes citing former DLocal executives and public data sources.dLocal (DLO) · Carson Block
Research note Short seller 4 hits
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The slide uses a narrative structure to expose governance and operational failures.dLocal (DLO) · Carson Block
Research note Short seller Loop · Cost Of Inaction4 hits
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The slide uses a direct quote from DLocal's 2021 20-F to highlight the contradiction between their growth narrative and their business associations.dLocal (DLO) · Carson Block
Research note Short seller 4 hits
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The slide uses inventory turnover and production capacity data to challenge the company's narrative regarding production bottlenecks and partnership demand.Danimer Scientific (DNMR) · Carson Block
Research note Short seller Loop · Zoom In4 hits
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This is a page from a research report (likely short-seller report) detailing specific financial transactions between HASI and SunStrong.Hannon Armstrong Sustainable Infrastructure Capital (HASI) · Carson Block
Research note Short seller 4 hits
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This slide provides a technical critique of HASI's accounting practices, specifically focusing on HLBV (Hypothetical Liquidation at Book Value) and its impact on reported income and cash flow classification.Hannon Armstrong Sustainable Infrastructure Capital (HASI) · Carson Block
Research note Short seller 4 hits
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Includes footnotes 12-15. The table provides balance sheet and income statement data for multiple entities.Hannon Armstrong Sustainable Infrastructure Capital (HASI) · Carson Block
Research note Short seller 4 hits
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This appears to be a page from a security research report or a short-seller disclosure document rather than a traditional corporate shareholder letter.Lemonade, Inc. (LMND) · Carson Block
Shareholder letter Short seller Beat · The Monster (Problem)Loop · The Reveal4 hits
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The slide uses quotes from industry experts and former employees to undermine the credibility of the company's valuation models.Sunrun Inc. (RUN) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · Pattern Hunter4 hits
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The slide uses a critical tone to challenge the company's valuation methodology, specifically citing IRS guidelines and comparing their findings to a Kroll report.Sunrun Inc. (RUN) · Carson C. Block
Research note Short seller Beat · The Struggle4 hits
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The slide serves as a methodological disclosure for financial adjustments made to the company's reported figures.Sunrun Inc. (RUN) · Carson C. Block
Research note Short seller Beat · The Struggle4 hits
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The slide critiques the valuation validity of PV system transfers by highlighting the sponsor's control and the guaranteed nature of tax equity returns.Sunrun Inc. (RUN) · Carson C. Block
Research note Short seller Beat · The Victory4 hits
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This is a research note page critiquing a company's investor disclosures.Sunrun Inc. (RUN) · Carson C. Block
Research note Short seller Beat · Villain Critique4 hits
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Uses an analogy of a locked door to describe the auditor's inability to access information.Solutions 30 (S30) · Carson Block
Research note Short seller Beat · Problem (Identify pain)4 hits
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This page functions as a forensic accounting critique, exposing inconsistencies in Vivion's corporate history and financial statements.Vivion Investments · Carson Block
Research note Short seller Beat · ProblemLoop · Cost Of Inaction4 hits
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This page functions as a rebuttal to specific company claims, using footnotes to cite evidence.Vivion Investments · Carson Block
Research note Short seller Beat · AgitateLoop · Iceberg4 hits
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This is a text-heavy research note page acting as a rebuttal to company management's defense.XL Fleet (XL) · Carson C. Block
Research note Short seller Beat · Evidence & ProofLoop · Aha Moment4 hits
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Uses a Charlie Munger quote as an anchor for the critique of SPACs.XL Fleet (XL) · Muddy Waters Capital
Activist deck Short seller Beat · Villain Critique4 hits