Dark research: using research to manipulate the market and earn money

[Carl-Richard]

Original title: 'Debunking YouTubers' of the financial world.

Gotham City Research LLC investigates publically traded companies for weaknesses and fraud and publishes reports which they predict will make their stocks fall so they can short the stocks (borrow shares from a broker, sell them immediately, re-buy them at hopefully a lower price, and return the shares to the broker for profit).

A later report involves the work of a Nobel Prize winner Shinya Yamanaka:

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Sumitomo Chemical and Sumitomo Pharmaceutical: Part II - CiRA, Dr. Yamanaka, and the undisclosed history of image duplication concerns

Gotham City Research LLC

SUMMARY

• Sumitomo Pharma targets 350 billion JPY in iPs revenue, including from Amchepry
• The Center for iPS Cell Research & Application (CiRA) is SP’s research partner
• CIRA is IPS cells supplier for the Amchepry trials, conducts the trials + research
• CiRA is paid by Sumitomo Pharma, with a relationship since 2011.
• Sumitomo Pharma is going all-in on CiRA while Takeda recently terminated its 10 year partnership with CiRA.
• There are two well documented cases of fraud involving CiRa and its founder Shinya Yamanaka, in 2014 and 2018.
• However, we have discovered 8 additional problematic cases, including 1 research paper where the Amchepry trial’s lead investigator is an author
• Amchepry depends on the integrity of CiRA, but CiRa is suspect, unreliable.

For the full report: 

Download Full Report as PDF

https://www.gothamcityresearch.com/post/sumitomo-chemical-and-sumitomo-pharmaceutical-part-ii-cira-dr-yamanaka-and-the-undisclosed-his

Not unlike debunking YouTubers, they can fall in the trap of spinning a narrative that does not represent the full reality and that misses crucial details, and they are heavily incentivized to do so in order to create "clickbait sensationalism" that drives up their attention and revenue.

You can read about some of the responses to the above report here (you'd have to translate the site using the in-built browser Google Translate or equivalent):

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Stock speculators accuse Nobel laureate of cheating

Nobel Prize winner Shinya Yamanaka is accused of image manipulation. Behind the accusation is a company that has its own motives for the professor to lose trust. 

https://www.khrono.no/borsspekulanter-anklager-nobelprisvinner-for-fusk/1082312

Edited 7 hours ago by Carl-Richard

[Carl-Richard]

Bump cuz previous title was shiet.