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The slide uses a Q&A format to challenge the interviewee's claim that a distributor is a subsidiary, providing corporate data as evidence.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction2 hits
08
Includes business registration info, shareholder list, and key personnel.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The StruggleLoop · Expert Witness2 hits
08
The slide uses a table to demonstrate a -2.6% CAGR in the oxygen therapy patient population, directly challenging management's claims of 7-10% growth.Inogen, Inc. (INGN) · Carson Block
Research note Short seller 2 hits
15
The slide uses a table to illustrate the 'Sell-Side Capture' and the questionable assumptions behind INGN's market growth projections.Inogen, Inc. (INGN) · Carson Block
Research note Short seller 2 hits
23
The slide serves as a critical research note arguing that management is using accounting adjustments to mask business pressure and that growth is slowing.Inogen, Inc. (INGN) · Carson Block
Research note Short seller 2 hits
24
The charts are empty placeholders, likely indicating missing data or a template structure. The core argument is a critique of management's narrative regarding margin pressure.Inogen, Inc. (INGN) · Carson Block
Research note Short seller 2 hits
07
This is a research note page focusing on forensic accounting analysis.IQE plc (IQE) · Carson Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment2 hits
08
This is a research note page detailing forensic accounting concerns regarding IQE's relationship with CSC.IQE plc (IQE) · Carson Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment2 hits
09
The slide uses financial statement excerpts to highlight the lack of economic substance in transactions between IQE and CSC.IQE plc (IQE) · Carson Block
Research note Short seller Beat · Expose ContradictionLoop · Aha Moment2 hits
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Uses a screenshot of a LinkedIn profile as evidence to challenge corporate reporting.IQE plc (IQE) · Carson Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg2 hits
17
The slide uses a skeptical tone to link accounting practices with insider trading activity.IQE plc (IQE) · Carson Block
Research note Short seller 2 hits
11
Includes specific contractual interpretations regarding withdrawal penalties and bonus percentage calculations.Manulife Financial Corporation (MFC) · Carson C. Block
Research note Short seller Beat · Evidence & ProofLoop · The Reveal2 hits
02
The slide uses a pop-culture reference (Star Wars/Poltergeist) to frame a short-selling thesis.China Internet Nationwide Financial Services Inc. (CIFS) · Carson C. Block
Research note Short seller 2 hits
18
This is a short-seller research note page.China Internet Nationwide Financial Services Inc. (CIFS) · Carson C. Block
Research note Short seller Beat · Expose Contradiction2 hits
10
The slide contains embedded text from news articles or reports regarding the 'Rapiscan' concession, including specific dates and financial figures.OSI Systems, Inc. (OSIS) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal2 hits
13
The slide highlights a discrepancy between corporate filings and local registry/financial data.OSI Systems, Inc. (OSIS) · Carson C. Block
Research note Short seller Beat · The Struggle2 hits
14
Includes a table of revenue by year and qualitative claims of contract fraud.OSI Systems, Inc. (OSIS) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction2 hits
08
The slide uses a 'fraud-exposure' framework to systematically dismantle a specific corporate transaction.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg2 hits
10
The slide uses a critical tone to highlight potential accounting failures and suspicious business transactions.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg2 hits
29
The slide uses a quote from an earnings call to highlight a discrepancy in growth projections versus historical reported data.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction2 hits
31
The slide is a research note exposing potential financial fraud. It uses strong, accusatory language ('abusive', 'fraudulent', 'sham').TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction2 hits
55
The slide presents evidence of corporate structure and personnel links between TAL and Shujia, specifically highlighting the role of Xiansuo Lin as a potential proxy.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction2 hits
56
This is a text-heavy research note page providing forensic accounting analysis.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction2 hits
69
Includes FX rates for each year and source attribution.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Cost Of Inaction2 hits
02
This is a classic activist short report summary page.Prothena Corp PLC (PRTA) · Carson C. Block
Research note Short seller Beat · Problem (Identify pain)2 hits
07
The slide uses red trend lines to highlight the unexpected underperformance of the CR category in cardiac response.Prothena Corp PLC (PRTA) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)Loop · The Reveal2 hits
08
The slide uses a baseball analogy (Mark Whiten) to illustrate the flaw in 'Best Response' metrics.Prothena Corp PLC (PRTA) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)2 hits
03
This is a research note page from a short-seller report (likely Muddy Waters or similar) alleging accounting fraud.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Problem & ComplicationLoop · Cost Of Inaction2 hits
08
Includes a footnote regarding sensitivity to tuition rate assumptions.TAL Education Group (TAL) · Carson C. Block
Research note Short seller Beat · Impact & Next StepsLoop · Cost Of Inaction2 hits
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Slide 1
TAL Education Group (TAL)TAL Education Group (TAL) · Muddy Waters Capital
Activist deck Short seller 2 hits