Is he? He is made very logical case - get ready to be dumped. Mako is a short with no reputation - AF has reputation and he tanks shares based on his article for sure.
He has given his concerns and also contacted Leo and Dr B twice and makes his case. He raised liver toxicity concerns and also explained the selective data presentation.
Today will be interesting to see if CTIX has real strength as this is big negative article in The Street and not SA.
"Mild to moderate elevations of the liver enzymes are common. They are often unexpectedly encountered on routine blood screening tests in otherwise healthy individuals. The AST and ALT readings in such cases are usually between twice the upper limits of normal and several hundred units/liter. One of the most common causes of mild to moderate elevations of these liver tests is a condition referred to as fatty liver (steatohepatitis or hepatic steatosis). In the United States, the most frequent cause of fatty liver is alcohol abuse. Other causes of fatty liver include diabetes mellitus and obesity. Fatty liver tests are composed of several tests including blood tests, CT and/or MRI tests and in some individuals, a liver biopsy."
Looks like another buying opportunity. Shorts in obvious trouble and the SA-Mako article made things worse for them. I hope the AF hit piece compounds the problem for Cramer's crew. Go CTIX!!!