Posts Tagged ‘cryptocurrency’

Sahm Adrangi Targets Ad Fraud

Monday, July 30th, 2018

Sahm Adrangi made a name for himself as a short selling activist by exposing Chinese companies suspected of fraudulent practices, contributing to a decrease of the market value of those firms by $10 to $20 billion. The success of these short selling campaigns increased the capital under management of Kerrisdale Capital, founded by Adrangi, from $1 million to approximately $180 million. Adrangi has continued to operate primarily as a short selling activist, periodically releasing reports detailing his reasoning as to why a specific company may be overvalued, or how a particular industry may be operating under false pretenses.

At the Kase Learning conference on short selling, Sahm Adrangi discussed new potential targets for such practices: ad exchange intermediaries. As Adrangi explained during his presentation, ad exchange intermediaries occupy the role of matchmaker, satisfying companies’ desires to advertise with websites meeting certain thresholds regarding number of views and clicks. The companies purchasing ad space operate under the assumption that real live humans are behind those clicks and views, but Sahm Adrangi posits that these statistics are subject to inaccuracies, as the interactions on these websites may actually be performed by bots and other computers. Instances in which a bot or other computer is generating view and click figures used to sell ad space are viewed as ad fraud, since the company purchasing the ad isn’t receiving the service it purchased.

 

From Sahm Adrangi’s perspective, ad exchange intermediaries selling ad space at prices based on unreliable readership and engagement data leave themselves exposed to potential adverse stock price reactions as a result of selling misleading ad services. Further investigation into the practices of ad exchange companies may reveal that revenue has been collected on false data, creating a situation in which shareholder value may decrease dramatically. Adrangi’s ability to draw attention to companies operating under deceptive practices has deeply affected industries before, and he seems poised to continue building his legacy as a successful short selling activist.

 

http://www.futuresmag.com/author/sahm-adrangi%E2%80%8B

Latest Forex Innovations With Jordan Lindsey

Friday, March 23rd, 2018

Jordan Lindsey is the founder of JCL Capital, and he has also founded other companies in the financial services and technology industries. Jordan Lindsey grew up in New York, where he developed a competitive nature from playing many sports, including tennis and ice hockey, which were his two favorites. Because he was a competitor as a child, Jordan Lindsey also had a passion for starting new businesses and being an entrepreneur. He knew from an early age that he wanted to change the world, and that the way for him to achieve this goal was to start companies and to grow them over time.

When Jordan Lindsey first visited California, he went to San Francisco, and he immediately found a passion for the place. Jordan Lindsey appreciated how the people in the area encouraged each other to share ideas, and to pursue tasks in the creative domain, such as starting a business, perfecting an art form, or writing a song. When he went back to the New York area, he soon moved to San Francisco California as a permanent resident.

Currently, Jordan Lindsey is a veteran in the algo trading markets, and he has also taught himself to become a computer programmer and a systems architecture designer. He studied at Mount Angel Seminary and at St. Joseph’s College. Jordan Lindsey has lived in Argentina, Bosnia, and Mexico. While in Bosnia, he met his wife, and the two fell in love and had three daughters together.

Jordan Lindsey has finished coding an algorithm that will allow users to trade on the foreign exchange markets, which are some of the largest markets in the world. More than five trillion dollars a day is traded between countries, and this creates many opportunities to make a profit if you have the right algorithm. Jordan Lindsey also created his own cryptocurrency to allow him to make a profit by supply and demand.

https://twitter.com/jordanclindsey