Viking also owns 60% of a company that is focused on assembling power . Kerrisdale Capital issued a research report on Camber Energy Inc. (CEI). Atlanta, Georgia--(Newsfile Corp. - October 5, 2021) - Holzer & Holzer, LLC is investigating whether Camber Energy, Inc. ("Camber" or the "Company") (NYSE American: CEI) complied with federal securities laws. The stock price of Camber Energy Inc (NYSEAMERICAN: CEI) fell by over 50% yesterday and it is down over 10% pre-market today. The pump will never stop. Investment management firm Kerrisdale Capital released a short report on Camber Energy where they claim that CEI has faked their Chief financial officer (CFO), has a declining finances, delinquent filings and insolvent assets. 16 Nov 2021. If it looks like a penny stock, and it acts like a penny stock, it is a penny stock. Rob Lenihan Oct 5, 2021 4:17 PM EDT Camber Energy ( CEI) - Get Camber Energy, Inc. Report lost half its value Tuesday after a scathing report from Kerrisdale Capital said the independent oil and. Then, on October 5, 2021, Kerrisdale Capital shocked the market when it released a report stating that "Camber is a defunct oil producer that has failed to file financial statements with the SEC . Camber Energy (NYSE: CEI) is one of the newest contentious. Camber Energy, Inc (NYSE:CEI) was halted to the downside multiple times on Tuesday after Kerrisdale Capital issued a short report on the company. Kerrisdale estimated the company's fully diluted market capitalization is $900 million. While CEI stock remained calm today until around 1:30 p.m. Eastern, the stock subsequently saw a massive increase in price. ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy . The company disclosed in . In addition to representing institutions . Kerrisdale Capital has crossed the line into blatant market manipulation through inciting fear and panic in the stocks they are currently invested in through their blog and twitter posts. Camber Energy is a defunct oil producer, in the process of completing a licensing agreement for a carbon capture deal that will give them the rights to Canada. . WEST SPRINGFIELD, Mass., November 16, 2021--(BUSINESS WIRE)--ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by Kerrisdale Capital about Camber Energy (NYSE Amex: CEI) and Viking Energy Group ("Viking") (OTCQB: VKIN) that ESG believes contains . It's ridiculous to have to say this, but Camber isn't worth $900 million. "If it looks like a penny stock, and it acts like a penny. On October 5, 2021, Kerrisdale Capital issued a report which stated that, "Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is in . On 5th October 2021, Kerrisdale Capital released a report. Viking also owns 60% of a company that is focused on assembling power . which is a company traded on the OTC markets. Investors are responding negatively to a short-seller report from Kerrisdale Capital. Bình luận. Posted on 11/16/2021 8833 . We've warned our readers to do their own research on Camber Energy and not entirely taking Twitter influencer's word. is investigating whether Camber Energy, Inc. ("Camber" or the "Company") (NYSE American: CEI) violated federal securities laws. Following publication, WEST SPRINGFIELD, Mass. The trigger of this CEI stock crash was a damning report released by famed short-seller Kerrisdale Capital. Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by Kerrisdale Capital about Camber Energy (NYSE Amex: CEI) and Viking Energy Group ("Viking") (OTCQB: VKIN) that ESG believes contains misleading and inaccurate information about ESG. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. Kehoe Law Firm, P.C. Camber Energy Inc (AMEX:CEI) is trading significantly lower again Wednesday on continued weakness following a short report on the company from Kerrisdale Capital. On October 5, 2021, Kerrisdale Capital released a report alleging the Company "has failed to file financial statements with the SEC since September 2020, is in danger of having its stock . Through this fear and panic make a profit on their current positions. ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by Kerrisdale Capital about Camber Energy (NYSE Amex: CEI) and Viking Energy Group ("Viking . That day, shares of CEI opened at $3.01 and closed at $1.53, down 49%. A halt has been given to 1% of the trade. After an enormous run-up and reaching meme standing, Camber Power (NYSE: CEI) inventory has fallen again to earth. ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement . Camber Energy, Inc (NYSE:CEI) was halted to the downside multiple times on Tuesday after Kerrisdale Capital issued a short report on the company.. The cause of this CEI inventory crash used to be a damning document launched through famed short-seller Kerrisdale Capital. As my InvestorPlace colleague Chris MacDonald reported, due to a scathing short report from Kerrisdale Capital. Finally, on October 5, 2021, Kerrisdale Capital released a report alleging, among other issues, that the "market is badly mistaken about Camber's share count and ignorant of [Camber's] terrifying . However, in Camber Energy's response,. Kerrisdale Capital states that Camber has failed to file quarterly earnings reports since September 2020. In a short report, Camber Energy went down 52% on poor trading volume, causing it to halt for pending news. December 26, 2021. admin. Regarding such report James Doris, President and Chief Executive Officer of Camber, commented, "We are not involved in, nor do we comment on, the day-to-day trading of the company's common stock. A halt has been given to 1% of the trade. Camber Energy Short On October 5th, Kerrisdale announced on Twitter that they were short shares of Camber Energy (CEI). On October 5, 2021, Kerrisdale Capital released a report alleging the Company "has failed to file financial statements with the SEC since September 2020, is in danger of having its stock . Delayed Financials Make Overvalued Camber Energy Stock One to Avoid. This is not correct. Response to Kerrisdale Capital's (KC) Report Mentioning ESG Clean Energy (ESG) and Scuderi Group (SG) Technology . The report alleged that Camber had failed to file its financial statements with SEC since September . ; Investment firm Kerrisdale Capital claimed the company would "once again" be a penny stock. WEST SPRINGFIELD, Mass.--(BUSINESS WIRE)-- ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by Kerrisdale Capital about Camber Energy (CEI) and Viking Energy Group ("Viking") that ESG believes contains misleading and inaccurate information about ESG. Further, Kerrisdale Capital emphasized that Camber's only real asset is its 73% stake in Viking Energy. It's worth mentioning that the stock price of CEI has . In a short report, Camber Energy went down 52% on poor trading volume, causing it to halt for pending news. Short Report: Kerrisdale Capital called Camber Energy a "defunct oil producer.". They also own a 73% stake in Viking Energy, who owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. As soon as a short report from Kerrisdale Capital surfaced, the stock was halted twice for the fourth time for volatility. Company Remains Focused on Growth Strategy HOUSTON, TX / ACCESSWIRE / October 5, 2021 / Camber Energy, Inc. (NYSE (Amex):CEI) ("Camber" or the "Company") has been made aware of the "Short" report issued today by Kerrisdale Capital. Camber Energy caved 50.50% today after Kerrisdale Capital issued a short report on the energy company. On October 5, 2021, Kerrisdale Capital issued a report which stated that, "Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is in . Camber Energy ( CEI +43.6%) soars in early trading and is on track to snap a four-day 76% plunge sparked in part by a negative report from short seller Kerrisdale Capital. . As soon as a short report from Kerrisdale Capital surfaced, the stock was halted twice for the fourth time for volatility. On October 3rd, 2021 Kerrisdale Capital announced their position in Camber Energy Resources Inc, within the article, twitter, and blog posts w WEST SPRINGFIELD, Mass.--(BUSINESS WIRE)-- ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by Kerrisdale Capital about Camber Energy (CEI) and Viking Energy Group ("Viking") that ESG believes contains misleading and inaccurate information about ESG. ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, released a statement today in response to a report issued by . Kerrisdale Capital is short shares of Camber Energy Inc (NYSEAMERICAN:CEI). D-Keine/E+ via Getty Images Camber Energy ( CEI -45.1%) loses nearly half its market cap after Kerrisdale Capital rips the company, noting its only real asset is a 73% stake in Viking Energy, which. HOUSTON, TX / ACCESSWIRE / October 5, 2021 / Camber Energy, Inc. (NYSE (Amex):CEI) (" Camber " or the " Company ") has been made aware of the "Short" report issued today by Kerrisdale Capital. The report, titled: "Camber Energy, Inc. (CEI): What If They Made a Whole Company Out of Red Flags . ESG Clean Energy, LLC (ESG) sviluppa soluzioni per l'energia pulita e impronte di carbonio a emissioni nette nulle per aziende e utility nel settore dell'energia elettrica impiegando gas . Posted on 11/16/2021 8833 . Camber Energy closed the market down 50.49% in regular hours at $1.53 on the NYSE, while falling a further 17.65% in after hours trading to $1.26, after hitting a high of $3.22 in early morning trading - leaving Zack Morris and his band of followers to pick up the remaining pieces. In the past, the company has been late to file financial forms and was the subject of a short report by Kerrisdale . According to investment firm Kerrisdale Capital, Camber Energy is a defunct oil producer that has not filed financial statements with the SEC since Q3 of 2020, which could also lead to a delisting. CEI trades at $1.35 at the time of writing. Camber is the subject of a research report which was published by Kerrisdale Capital on October 5, 2021. Trading in Camber Energy (CEI - 52.1%) has ceased. After a huge run-up and achieving meme status, Camber Energy (NYSE:CEI) stock has fallen back to earth. Kerrisdale Capital said that Camber Energy is a defunct oil producer company. Camber Energy stock lost more than half its value Tuesday following a short-seller report. Regarding such report James Doris, President and Chief Executive Officer of Camber, commented, "We are not involved in, nor do we comment on, the day-to-day trading . It is alleged in the report, titled: "Camber Energy, Inc. (CEI): What If They Made a . Camber Energy receives extension to file delayed reports • Seeking Alpha • 01/17/2022 03:56:47 PM ; Current Report Filing (8-k) • Edgar (US Regulatory) • 01/14/2022 10:31:37 PM ; Camber Energy spikes after investor buys $100M of preferred stock • Seeking Alpha • 01/06/2022 12:22:23 PM Kerrisdale highlighted several key points on why they are short: Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Company Remains Focused on Growth Strategy. In the short report, Kerrisdale highlighted several red flags. . The report by Kerrisdale Capital also focused on Camber Energy's primary subsidiary, Viking Energy, of which it owns 73 . Kerrisdale describes the technology as "in essence, the concept of collecting the exhaust gases emitted by a natural-gas-fueled electric generator, cooling it down to distill out the water vapor, and isolating the remaining carbon dioxide". 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