Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 147 The highest realm of fishing in troubled waters

What postpartum repair, meal packages, professional teams, and luxurious suites, baby photography, baby banquet, baby entertainment...

While in confinement, you can also overlook the river view, go to the garden to meditate, and cultivate sentiment...

Finally, a grand baby graduation ceremony will be held...

A complete one-stop service,

Even the housing prices near the confinement center are higher than others.

Being single really limits your imagination!

What are you waiting for? Let Xiao Wenzi prepare the team and lock the position.

Last month, I spent money to collect twelve shops, leaving them for Keer to try the waters, and this month I started to destroy the confinement center!

I came to Chang'an Club in the evening, after swimming and massage, I ate and chatted with Bao Fan.

"I found out that several big funds are optimistic about the million-winners and are ready to set up a knowledge trend."

Bao Fan was used to Chen Feng's calm expression and smiled: "The market value is 15 billion at the end of the month!"

Chen Feng curled his lips and finally surpassed Alibaba and Tencent's fraction?

Bao Fan laughed and scolded: "In less than three months after listing, the market value doubled. Can you be more happy?"

Chen Feng smiled and raised his glass and said, "Congratulations on your choice wrong."

After laughing, Bao Fan tentatively said, "She is still on the Nasdaq?"

"No!" Chen Feng refused, "It's so boring to hang a tree."

Bao Fan nodded. As expected, with Edward's background, he was definitely on the European Stock Exchange.

"Don't worry, my brother's shares will be indispensable at that time." How could Chen Feng not understand the big bald man's mind?

Bao Fan raised his wine glass and sipped it all over and said, "Good brother!"

Chen Feng smiled but said nothing. Huaxing was not just a foodie in the United States, but also had connections in Europe.

Of course, this time I cooperated with Edward, each person had 50% of their equity. As for how much is the final share?

Let’s talk about it then.

"Did you read the news?" Bao Fan chuckled: "Lucky Coffee has been targeted by muddy waters these two days!"

Chen Feng nodded. A few days ago, Muddy Waters released an anonymous report accusing Luckin Coffee of financial fraud, which caused a thousand waves and the entire investment circle was blown up again.

As the largest short selling institution, Muddy Waters will be worn out even if it is entangled by it. It seems that various short selling institutions are raiding the standard configuration for domestic listing of US stocks?

New Oriental, Good Future, Focus Media, Qihoo 360, Vipshop, JD.com, Momo, Pinduoduo...

"This time of Muddy Waters is extremely vicious!" Bao Fan said seriously: "The domestic economy continues to be sluggish, and the capital market's confidence in catering and entertainment listed companies is extremely fragile, and the desire to take advantage of the situation is obvious."

Chen Feng sighed. On the day when Muddy Waters reported that it was released, Luckin fell directly by more than 20% at one point, and it only barely fell by 10% if it tried hard to defend the market.

"I have studied the details. The report alone is 89 pages long, claiming to employ 92 full-time and 1,418 part-time investigators, collect more than 25,000 tickets and record more than 10,000 hours of store traffic."

Bao Fan said seriously: "The core logic of his short selling is that through a sample survey of Luckin's more than 4,500 stores in China, it is calculated that the number of goods sold on a daily basis was inflated and the effective sales price was inflated in the third quarter of 2019."

“It seems quite professional!”

Chen Feng curled his lips, which was exactly the old saying:

Success is Xiao He and defeat Xiao He!

For ordinary investors, regardless of the content of this short-selling report, the specific data of tens of thousands of thousands is enough to scare many people.

But in my opinion, the biggest doubt in this short-selling report lies in the so-called huge survey data.

Because the investigation methods have a critical impact on the investigation results, even if the same investigation team adopts different methods, they may draw completely different conclusions.

I just want to ask: Is your investigation method reasonable?

For example, it is claimed that the entire record is more than 10,000 hours?

Just calculated based on twelve hours a day, the number of effective data days is 938 days. It is also said that this survey covers more than 600 stores, which means that the average effective recording days for each store are only 1.51 days?

How can you judge the sales situation of others throughout the quarter after only one and a half days of observation?

Death or not!

It is said that the survey method is professional. One person takes multiple people and counts one; one person takes one, counts one. If the rider picks up a meal, counts one.

Take one person leading multiple products as an example. Is this considered a deliberate reduction in the number of goods sold?

Who stipulates that a bag contains only one cup of coffee?

The funniest thing is that another short-selling institution, Citron, immediately publicly questioned the investigation report and was long on Luckin's stock price!

Before the opening of the next day, Luckin Coffee official responded strongly, denied all the allegations of Muddy Waters one by one, and retained the right to pursue legal action.

As a result, the muddy water instantly withered, and he kept saying that he was anonymous. It has nothing to do with him?

So cheap!

"Fortunately, several major funds have strongly protected the market, and their stock prices have not only not fallen, but also rose by 10%.

Bao Fan said helplessly: "There is no way, the other person's one-acre three-point land must follow the rules of the game. Being shorted is actually a common phenomenon. The short selling mechanism is even used as an important means to help regulators protect small and medium-sized investors."

Shen Feng laughed and said, "Mutdy Waters is also unlucky. The performance in the past year has been too bad. He shorted Anta five times in a row in a month, claiming to be a fraudulent profit, internal corruption, fraudulent finance..."

"What's the result?"

"Not only did they live well, the stock price rose by 30%.

"If I wish I could beat gongs and gongs and send a banner over, it would be written on it..."

"Thank you!"

The two burst into laughter, but no matter how much they joked, Shen Feng dared not take it lightly for short-selling institutions.

Especially the old world of new stocks such as Muddy Waters and Citron, which focus on shorting, is unintentional and unable to establish a high-quality investment banking team. It cannot take on decent investment banking business, and it relies entirely on sharing the profits of the stock price drop with hedge funds.

It seems that the way of sharing is very secret, but the so-called "no profit" cannot get up early, and spend so much effort to take the risk of a lawsuit to short the report?

The principle is very simple: while colluding hedge funds establish short positions, they also fabricate short-selling reports and wait for an opportunity to release them, causing a sharp drop in stock prices.

Of course, it is also very particular about choosing a target: First, target celebrity companies, and the stock price has risen well in the past year and a half, so that there is room for short selling.

Second, the plate is relatively small and the stock price is volatile. The market value ranges from billions of dollars to one or two hundred billion dollars. You can short it by borrowing stocks.

For example, when the stock price is 45 USD, you can borrow 5 million shares of Luckin and clear it at an average price of USD 40. If the stock price can be cut in half, buy it back at a price of USD 20 per share, and you can easily earn a $100 million difference if you lose the stock.

If Luckin only falls to $35, the difference earned by the short sellers may not be enough to pay huge interest. If Luckin can rise to $50?

The short sellers will lose at least 50 million!
Chapter completed!
Prev Index    Favorite Next