Chapter 285 Finally Dead!
"Finally delisted?"
Bao Fan looked at Chen Feng, his face was complicated, and sighed: "Get back!"
Chen Feng felt mixed feelings when he heard the news that Luckin was forced to delist by Nasdaq. After all, he had created miracles. He was once called the American harvester or even the light of the nation, but now...
"We must be careful recently. Many short-selling institutions have set their sights on Chinese stocks listed in the United States!"
Bao Fan said seriously: "The resigned employees of GHSX are now popular. Various consulting companies received calls from them and even offered a direct offer to get more fake news about GHSXX."
"Four thousand per hour!"
"If you can introduce a working colleague, add another two thousand!"
Chen Feng nodded, and Li Nanjun also received news that Muddy Waters made a lot of money after hunting Luckin Coffee. Dozens of researchers have been investigating short selling for several months. They have found through more than 200 paid users that their income may be fake!
Who makes your data beautiful like ps?
The stock price rose from 10.5 to $46 in eight months?
A surge of more than 100,000 users in half an hour?
Chen Feng was helpless. Now he was afraid of his teammates. You didn’t know when this garbage would explode!
"The most terrifying thing now is not the short-selling institutions. Many people from other industries have joined in. Once evidence is found, they can sell it at a high price and make a lot of money."
Bao Fan worried: "Lucky Coffee has completely become a fuse for the whole people to short. In the past seven or eight years, the market has become accustomed to believing in the good stories told by Chinese stocks. Once trust collapses..."
Chen Feng could only sigh. There was no end to the collapse of the nest, and millions of winners could not be immune to it. Luckin Coffee burst, in order to avoid being seized by short-selling institutions, the financial team has been working overtime for a long time to self-inspection and standardization.
Now this is the storm,
Don't be honest,
Even if it is fake, some people believe it!
"The review giants are also afraid, especially Deloitte, who tried their best to re-inspect all Internet companies, and the review standards have been raised too much..."
"That's why Future Future revealed that the $100 million sales fraud was faked. At that time, GoShu, who was shorted for the first time, made a self-proclaimed innocence, and even released financial reports in advance..."
"A few days ago, chatted with a friend of one of Luckin's top ten institutional shareholders. All the holdings of hundreds of millions of US dollars were wasted. You should know that in the United States, you have to be accountable, and you have to be laid off if you lose money!"
"It seems that the concept of the Chinese is poison, whoever touches will die!"
Luckin is the sinner of Chinese companies!
Chen Feng didn't know what to say. After the scandal broke out, the US Securities and Exchange Commission chairman actually publicly reminded him not to invest in Chinese stocks on TV media!
For a long time in the future, Wall Street will use the Luckin Coffee incident to define Chinese companies, and it will take us a long time to reverse this extremely negative image.
iPo fundraising scale reaches US$25 million or at least 1/4 of its market value after listing.
The new restrictions are the best proof!
When clinking a glass of wine with Bao Fan, of course shorting is not a verbal thing. I simply think that the stock price is overvalued and shorting?
This kind of death is the fastest.
Look at Pinduoduo and JD.com, they have set new highs without making a penny. Pinduoduo has risen 57% this year, from 37 to 60 US dollars...
JD.com also barely rose by 50%. If you don’t open your eyes this year, shorting Pinduoduo will lose at least $1 billion in blood.
JD.com is better, almost 700 million.
That's why fools short because of overvalued prices and must kill performance and financial fraud, so that they can kill them with one blow, such as Luckin and Good Future.
The Eight Immortals show their magical powers across the sea, and each has their own way to find their prey. For example, Citron unexpectedly discovered based on the weekly increase of US stocks. According to the data on the weekly increase of US stocks, the stock price of GSX, which broke the issue price on the day of listing, has been mediocre before. Until the news that the eight shareholders were about to sell, the stock price rose sharply?
From 3 billion to 7 billion, and finally exceeding 10 billion US dollars?
Who believes that you are not trying to raise the stock price and cut leeks?
Edward had long informed that 80% of the stocks in the hands of major European banks have been in the hands of short-selling institutions!
"Hey, as long as you smell the blood, the sharks will only gather more and more." Bao Fan said helplessly: "A week after Citron released its first shorting report, Scorpio venture capital also emerged to wait for an opportunity to strangle it. This guy was originally Alibaba's marketing technology service provider!"
"I am idle, and I am idle. A group of technical occupants are slimming all kinds of data, such as technical teams, materials teams, report writing teams..."
"As long as the goal is to destroy the same listed company, the fairy, tiger and dog are all fucking good friends!"
Shen Feng couldn't help laughing. Who made the secondary market fund managers join in groups to buy and sell, and the information between them is as transparent as if they are not wearing shorts.
If you want to short, you either build a position in advance and directly sell after the report is released.
Or just avoid it and not touch it.
Who to learn from is also unlucky for eight lifetimes. In just three months, Grizzly has been grizzly research, Citron, Scorpio Venture Capital, and Muddy Waters have been rotated six or seven times in a row!
Fortunately, this guy has too few outstanding shares, and it is not difficult to control the market. It is also a pleasure to watch the market every day. I heard that the investment department has started gambling for afternoon tea?
Bao Fan saw Shen Feng's thoughts and cursed: "The strategy of old foxes like Citron is to delay time. Flies do not bite seamless eggs. There will definitely be various short-selling reports in the future."
"The two founders of Citron and Muddy Waters even publicly attacked Gome on a well-known TV station last week. I was also drunk when the two leaders joined forces together!"
Shen Feng shrugged, there was no way, once Kong and Duo started, he could only stay alive.
After more than three years of entrepreneurship, the investment logic of the primary market is actually very simple. In the early stage of entrepreneurship, it is more about looking at the team and the track, without too much digital verification.
But the later stage, the more you need the company to use performance numbers to prove itself. The B round can still struggle, and it really reaches the C and D rounds...
Stress is huge!
If you want to cheat investors, some brands even require agents to get goods directly from Tmall and JD.com, and won't go through traditional offline channels.
Nonsense, get goods at the original price, secretly get cash back offline, isn’t C-side sales very good?
What caliber is adjusted, how to change and confirm income, brush orders and data...
Now there is even a subject called creative accounting…
Creative Accountant!
Look at the second-hand cars of Youxin, the official website shows that the total number of car sources nationwide exceeds more than 1.8 million, but only those who meet the conditions for refundable cars are eligible for Youxin certification and other conditions...
Seventy thousand vehicles?
Are you surprised or not?
Is it unexpected?
"Now our investors are like Sun Wukong, with all kinds of ignorant eyes and fighting wits and courage with the slutty bitches."
Bao Fan cursed: "A few days ago, I saw a project, and the mother and baby to B platform. The D round of financing of US$100 million is actually all due to brushing?"
"The store places an order in the sea, and the payment is passed through the sea, and then it is transferred to the supplier. The supplier returns it to the original store, and the three parties idled it back to the flow..."
"More than four million sales are all made of water!"
Chapter completed!