Article: CEO fires back at short-seller Citron on live TV: ‘Mr. Left is dead wrong’

Article - Media

CEO fires back at short-seller Citron on live TV: ‘Mr. Left is dead wrong’

Berkeley Lovelace Jr.

CNBC, 15 May 2017

Exact Sciences Chairman and CEO Kevin Conroy fired back at a bearish assessment made by Citron Research’s Andrew Left, who predicted a long-term drop in the cancer testing company’s stock to a near-zero single digit.

Citron said in a report on Monday that Exact Sciences’ Cologuard cancer test, an at home screening for colon cancer, is “inferior” and shouldn’t be pitching it as an alternative to a colonoscopy.

Read full article.

 

Comment: Andrew Left’s Citron appears to be a front for naked short sellers.