Grizzly Research: SPI Energy is a “perpetual pump and dump maniac”
Siegfried Eggert of Grizzly Research presented his thesis for SPI Energy at ValueWalk’s fourth Contrarian Investor Virtual Conference. He describes the company as a “perpetual” and “egregious pump and dump” as its stock “has had a date with almost all the hottest trends in the recent two years, including Cryptocurrency, CBD and now Electric Vehicles.”Q3 2020 hedge fund letters, conferences and more"Perpetual pump and dump maniac"Eggert said the story around SPI Energy's stock is a repetitive one of pumping the stock on news about a "hot strategic establishment, followed by aggressive PR campai...