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Current Share Price: 0.905 
Hindenburg Research
Initial Report Date(2019/10/04)Share Price:14.720  
SmileDirectClub: Moving Fast and Breaking Things in People’s Mouths – 85% Downside
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We believe SmileDirectClub will wind up as a case study in why it’s a bad idea to invest in a company that attempts to fit a complex, dangerous medical process onto a low-cost, high volume assembly line. We see downside of 70% purely on a valuation basis, and downside of 85% given the above headwinds. We have a one-year price target of $2.
By wantattse 
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