Short Seller Bets on Scandal-Wracked MiMedx

Eiad Asbahi has taken a contrarian long position in the company — and at least one of his peers is highly skeptical.

Illustration by II.

Illustration by II.

When a company cans its CEO, gets its shares delisted and says its past financial statements may be fictions — well, perhaps it’s time to buy.

That’s one takeaway from a report issued Tuesday by Eiad Asbahi, founder of activist short seller Prescience Point Capital Management, who is recommending buying shares of one of the most loathed stocks of 2017: MiMedx Group.

The

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