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Inside the Trade: The Bill Ackman Imitator and the Future of Wi-Fi

Sahm Adrangi of Kerrisdale Capital brought Globalstar’s stock low, but others are betting this company can improve public Internet access.

       Sahm Adrangi, chief investment officer of Kerrisdale Capital Management in New York, gained notoriety in October when he announced — in a style intentionally imitating William Ackman — that he was shorting the stock of Globalstar. A major provider of mobile satellite services, the company is seeking a viable market

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