QuinStreet’s network of proprietary and affiliated websites feature substantial suspicious and phony traffic, which generate revenue for the company when users click links and fill out forms - boosting QuinStreet’s revenue.
QuinStreet’s recent revenue growth has come almost entirely from a single client – a fact that the market has overlooked amid management silence.
QuinStreet is a low-quality organization with a fundamentally flawed business model.
We are short shares of QuinStreet (NASDAQ:QNST), a web-1.0 adtech firm that acts as a middleman between online advertisers and niche websites. These niche sites attract visitors (leads) who are shopping for,