UPDATE – JMIA needs to be Halted.. Citron’s final word on why Jumia is a worthless FRAUD
Not All IPOs are Created Equal. Jumia is a Fraud. Citron Exposes the Smoking Gun Equity is Worthless
In 18 years of publishing, Citron has never seen such an obvious fraud as Jumia. As the media in the US is naively anointing Jumia the “Amazon of Africa”, the media in its home country of Nigeria has a plethora of articles discussing the widespread fraud in this Nigerian company. Not even that elusive Nigerian prince can cover this one up.
Jumia is the worst abuse of the IPO system since the Chinese RTO fraud boom almost a decade ago. Worse than being “the most expensive” US listed ecommerce company, Jumia reported financials show us a stagnant business that has burned through $1 billion and has moved the suckers game to the US Markets.
In this report, Citron will expose the SMOKING GUN and show why the equity is WORTHLESS. We believe investors cannot rely on reported numbers and a restatement of financials is on the horizon. The SEC must protect US Investors.
Citron 2019 / 2018 Reports
JMIA needs to be Halted…Citron’s final word on why Jumia is a worthless FRAUD
Not All IPOs are Created Equal Jumia is a Fraud
Amedisys – The Most Vulnerable Name in Healthcare
Village Farms – Will the SEC Halt this Pump & Dump
LYFT The Amateur Short
Shopify – What a Difference a Month Makes
The poster child for Institutionalized Academic Cheating
Citron Exposes Elder Abuse Within Inogen’s Sale Tactics Price Target $46
What a Difference a Month Makes $TWTR will be A-OK with AOC
RH The Most Compelling Story in Retail
Citron Publishes the Smoking Gun on Ligand Pharmaceuticals
Citron Research Backing Up the Sleigh on Facebook
Twitter has become the Harvey Weinstein of Social Media
Everything Has Changed: The Big 5 Canadian Cannabis Companies Have Achieved “Platform Status”
At What Point Is MNK Selective Disclosure Complete Fraud?
NIO short is a Tesla Déjà vu – Path to $12 Should Have Little Resistance
Wayfair Has Become a Case study in Diseconomies of Scale
Citron reverses opinion on Tesla
Long Pyxus International (NYSE:PYX) – Short-Term Price Target of $65
Namaste: Citron has exposed complete FRAUD that underpins the ‘Business’ of Namaste.
Namaste A Party Not to Sell Your Shares
Our Final Word on $TLRY before $50
Cronos The Dark Side of The Cannabis Space
Wayfair: Citron is listening to the smartest guys in the room
Nvidia- The Dog that Finally Caught the Car
Tilray – Next in line in a Budding Cannabis Industry
$TWTR Just Made the Turn and Is Hitting Stride
Citron Research Explains Why AbbVie is on its way to $60.
Citron Exposes History of FRAUD Behind PolarityTE
Citron expects Netflix to dip back to $340
Fitbit: From Fad to Future
Citron Research Initiates Coverage on Snap Inc. Target Price $17
Citron Changes our Position on ROKU
Inogen Needs to Take a Breath
Citron Research is Bullish on the Most Shorted Stock in the World.
Hailiang Education- China Hustle Déjà vu
Wayfair is Growing Enemies Faster than Customers
Wait til the Senate Hears Twitter’s Hidden Secret
Shopify has a BIG Facebook Problem!
Exact Sciences Corp: We admit to being early. But the science won’t be held back.
Citron 2017 & 2016 Report Archives
2017 Reports
2016 Reports
