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Can't remember off top of my head but if I'm not mistaken, Muddy Waters Research did similar things with a listed Chinese company: went all the way to China jus
by cosmodisk 6y ago
Can't remember off top of my head but if I'm not mistaken, Muddy Waters Research did similar things with a listed Chinese company: went all the way to China just to fimd out that there's not much going on in those warehouses,while they were reporting record resuls.Shorted the stock,made tons of money.
- titanomachy 6y agoLuckin coffee. Matt Levine wrote about it.
- inasio 6y agoThat is sort of the modus operandi for Muddy Waters, there are a few public cases like that. Given that parent talks about warehouses, it sounds to me more like the aluminum company China Zhongwang.