Intertain Group Limited
IT
position
short
Marc Cohodes
Thesis
Marc Cohodes identifies Intertain as a short opportunity due to its over-leveraged position and management issues, including the CEO being on leave for an insider trading investigation. He believes the company's attempts to sell itself after aggressive acquisitions will not end well, making it a risky investment.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a clear timeline for the thesis events to unfold, it's difficult to assess whether the short thesis has played out. The concerns about over-leverage and management issues are valid, but without knowing how the stock has performed since the pitch, we cannot determine the outcome. Therefore, the verdict is inconclusive with low confidence.
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