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Seeking Alpha 2021-03-25 15:31:29

The Short Attack Was Misguided, But SOS Ltd. Remains Wildly Overvalued

There is place in portfolios, with appropriate risk tolerance, for Bitcoin mining stocks.The recent short attacks on SOS, Ltd. by Hindenburg and Culper Research had some valid points but went too far in alleging outright fraud.Nonetheless, SOS Ltd is uninvestable at present valuations.I believe that the bull case presented for SOS shares is rife with inaccuracies and material misstatements of fact.

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