Sahm Adrangi Is Taking The Short Side With Proteostasis With Latest Negative Report From Kerrisdale

Sahm Adrangi is a well-known man in the investing world thanks to his many accomplishments as an investor and his success at Kerrisdale Capital. This private investment firm invests in various companies around the world. Today, being able to identify quality companies in the stock market is a challenge, and Sahm Adrangi is standing out where not many can. Kerrisdale has managed to excel and come out on top of the S&P 500 for several successive quarters.

On a normal basis, Kerrisdale Capital puts out reports on various companies in the market, and their latest was quite the negative report against biotech firm Proteostasis. This biotech company is home to Cambridge and has recently been making claims of a new breakthrough in terms of cystic fibrosis. Their new drug in development, PTI-428, is aimed at helping increasing lung performance in patients.

Unfortunately for Proteostasis, Kerrisdale was not impressed with their figures and the data they released, so Sahm Adrangi decided to do a little more digging into the company. Upon even closer examination of the results of the company, their actual test sample was extremely small. So small in fact, PTI-428 was only tested on four patients. This is not nearly enough to make such claims the company has been making, causing their company stock value to go up.

Kerrisdale took quickly to their report to get it out as soon as possible to inform the public and many investors out there of what is really behind this biotech company, Proteostasis. According to Sahm Adrangi, their drug cocktail is most likely an ineffective drug that works better as a placebo. Unfortunately for Proteostasis, the majority of their company value is invested in their product, which means they will lose more than 70% of their company share value when it comes out that PTI-428 is not effective.

As more companies and investors are becoming aware of the nature of this biotech company, their share values continue to drop and will likely push the company off the map in the near future.

http://www.imdb.com/name/nm1444924/

April 19, 2018

Posted In: Business, Business success, Businessman, CEO, Entrepreneur, Investor

Tags: , , , , , , , , ,

OSI Industries Sets The Example In Food Manufacturing

OSI is a formerly family-owned business that grew into an international empire. The company has been able to achieve success by having a diverse approach to business practices and acquiring talent. It brings in the types of visionaries that are in line with what OSI Industries is trying to do. There are recruiting efforts concentrated in the United States, Hungary, the United Kingdom the Asia-Pacific and Germany. Organizational leaders focus on providing a top-notch environment for employees. This practice, in turn, means that OSI Industries has a low turnover rate. Those who come to work there are committed to stay and build careers.

OSI Industries began as a meat market in the early 1900s. Otto Kolschowsky founded the company. Otto was a German immigrant who came to the United States with a vision and established himself as a prominent businessman in the Chicago Illinois area. He called his company Otto and Sons. Otto ran the business with his family and pushed it to tremendous success over the years.

By the 1950s Otto´s sons had taken over the business. They met McDonald’s CEO, Ray Kroc. Ray Kroc needed a meat manufacturer in the area, and he chose Otto and Sons to be a part of his enterprise. The relationship between Otto and Sons and the McDonald’s Organization performed very well. In time they were chosen to be the primary provider of meat for the McDonald’s restaurant chain.

Sheldon Lavin was recommended to oversee the project of Otto and Sons new partnership with McDonald’s. A new meat processing plant would be required to support such a tremendous effort. Sheldon Lavin became involved as an associate initially. Management at the McDonald’s Organization eventually recommended that Sheldon be a part of the operations full-time. Lavin accepted the recommendation because of his tremendous respect for McDonald’s. Sheldon provided the vision for pushing Otto and Sons to an international level.

Soon after Sheldon Lavin took charge of all operations, Otto and Sons became known as OSI Industries. Business has expanded throughout the United States. The company provides a variety of meat services including hamburger patties, meatballs, ground beef, hot dogs, and bacon. For more info about us: http://www.careerbuilder.com/company/osi-group/CHV17N5WK6NZKBLHF7B click here.

OSI is one of the largest privately-owned companies in America according to Forbes. Sheldon Lavin is still actively involved as the organization’s CEO and is driven to push the company for further growth. OSI has acquired other industry organizations such as Tyson Foods, Baho Foods, and Flagship Food Group. The moves are designed to help OSI expand its reach within food manufacturing.

October 13, 2017

Posted In: Entrepreneur, OSI Group

Tags: