Freedom Holding Stock: Overvalued Even Without Considering Allegations (NASDAQ:FRHC)
Flags of Kazakhstan (left) and Russia Oleksandr Filon A recent report by short seller Hindenburg Research alleges various irregularities at Almaty, Kazakhstan based brokerage company Freedom Holding Corp. (NASDAQ:FRHC); I will refer to the company as “FRHC” hereafter. Hindenburg alleges systematic sanctions evasion as well as signs of fake revenue. They also point out signs…