Watching Safety Shot, Inc; Capybara Research Issues Short Report On Co Titled "Safety Shot Exposed $SHOT; Boca Raton Snake Oil: Unraveling The Fraud Behind The Drink And Its Dubious Origins"
Portfolio Pulse from Benzinga Newsdesk
Capybara Research issued a short report on Safety Shot, Inc., titled 'Safety Shot Exposed $SHOT,' alleging fraudulent activities and dubious claims about their alcohol detox drink. The report highlights red flags such as leadership ties to Stratton Oakmont, a history of financial troubles for founders Brian John and Richard Miller, and associations with known frauds. The report also criticizes the company's product claims and aggressive stock promotion, suggesting that the stock price is likely to fall and labeling the company as a potential OTC market failure. Capybara Research discloses a short position in $SHOT.
November 22, 2023 | 2:45 pm
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Capybara Research's short report on Safety Shot, Inc. accuses the company of fraudulent claims and poor management, predicting a decline in $SHOT's stock price.
The short report by Capybara Research is highly critical of Safety Shot, Inc., detailing numerous allegations that question the legitimacy of the company and its product. The report's direct accusations and the disclosure of a short position by the research firm suggest a strong likelihood of a negative impact on $SHOT's stock price in the short term. The confidence score is not at the maximum due to the inherent uncertainty in market reactions, but the detailed allegations and the historical impact of similar reports on stock prices justify a high confidence level.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100