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Prescience Point Scores Big on MiMedx Bet
Going against the short sellers has led to big gains for Eiad Asbahi’s fund.
Prescience Point Capital’s contrarian long call on scandal-plagued MiMedx Group has proven a winner this year, boosting the small hedge fund’s fortunes.Eiad Asbahi’s fund — which is more typically known as an activist short seller — surged 64.8 percent through July 23, according to a person familiar with the numbers. Most
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