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Prescience Point Shorts Enphase Energy

Short seller Prescience Point Capital released its short call against Enphase Energy today. In a release, the firm states: "We believe Enphase Energy’s financial results since Q3 2017 have been materially inflated by manipulative, and potentially improper, accounting practices that have become increasingly severe with each passing quarter. These accounting shenanigans appear to have begun following the appointment of Badri Kothandaraman as Enphase’s new CEO in September 2017." In the release, Prescience reels off a list of challenges to Enphase's recent results. Click here for more....