William Martin of Raging Capital Management believes TrueCar Inc (NASDAQ:TRUE) investors should pay attention to objects in their investment’s rear-view mirror, like the company’s poor earnings quality, which may be closer to impacting the stock than they appear.
In the fund’s recent letter to investors, it detailed its short thesis on TrueCar Inc, which Martin admitted went against his fund in the first quarter (and since), as the stock gained nearly 24%. Nonetheless, Martin...
