CategoryMarketing Expert

Sahm Issues A Plain “NO” When Discussing Kodak’s Investing Potential

Kerrisdale is a reputable investment firm that operates in the private sector today. Sahm Adrangi is the head director at Kerrisdale and has managed to grow the company greatly over the past 9 years. Sahm latest focus has been on cryptocurrency and blockchain technology due to the interesting effects it has other various industry markets. One of the latest reports put out by Kerrisdale cautioned company investors to look out for Kodak, which recently saw dramatic stock price increases due to their involvement with a cryptocurrency group. While this may seem like an opportunity to some investors, Sahm sees it mostly as a sham.

Kodak’s shares jumped amazing 200 percent in the matter of a single night, bringing in nearly 300 million dollars in increased assets. They also launched their own technology for image licensing using blockchain. Unfortunately, much of what Sahm Adrangi has seen from the company has appeared to be shady business practice and he urges investors to stay clear of Kodak. Current trends in crypto are not going to save Kodak given the volatility of crypto in many markets in all sorts of industries.

Kerrisdale is in a short position with Kodak and will stand to make money off of the company’s failure, and this is because Sahm is sure they will not recoup. They are currently facing the exact same issue they were over 5 years ago when they had to file a chapter 11 due to their lowering profits. The competition is rising above Kodak because they are upgrading their technologies, which Kodak is still not doing. This is another reason Sahm Adrangi calls into question whether or not the management at Kodak is pulling some sort of scheme to take advantage of investor interest in cryptocurrency.

Since first founding Kerrisdale Capital, Sahm has been building his reputation with excellent investments and major returns. Sahm is known all throughout the investment industry and many individuals seek out his advice on where to invest their money. Sahm Adrangi’s latest focus is to help others find the right path to take when investing and help them avoid problem companies that are either failing or attempting shady business practices.


What Makes White Shark Media to Stand Out From the Rest

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