Chapter 147: The Highest Realm of Fishing in Troubled Waters
What postpartum repair, meal packages, professional team, as well as luxury suites, baby photography, baby feast, baby amusement......
At the same time, you can also overlook the river view, meditate in the garden, and cultivate your sentiments......
Finally, there will be a grand baby graduation ceremony......
Proper 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, just let Xiao Wenzi prepare the team and lock the position to get it up.
Last month, I spent money to collect 12 shops, leaving Keer to test the waters, and this month I started to smash the confinement center!
Come to Chang'an Club in the evening, press the motorcycle after swimming, and chat with Bao Fan while eating.
"I heard that several big funds are optimistic about millions of winners and are ready to lay out knowledge outlets. ”
Bao Fan was already accustomed to Shen Feng's calm expression on his face, and said with a smile: "At the end of the month, the market value will be 15 billion!"
Shen Feng pouted, finally more than a fraction of Ali Tencent?
Bao Fan scolded with a smile: "In less than three months after listing, the market value has doubled, can you be happier?"
Shen Feng smiled, raised his wine glass and said, "Congratulations on your right choice." ”
After laughing, Bao Fan said tentatively: "Do you still go to NASDAQ in luxury time?"
"Don't go!" Shen Feng refused: "It's so boring to hang yourself from a tree." ”
Bao Fan nodded, sure enough, with Edward's background, the European Stock Exchange was properly walked.
"Don't worry, my brother's shares will be indispensable at that time. "Can Shen Feng understand the mind of the big bald head?
Bao Fan raised his wine glass, drank it all and said, "Good brother!"
Shen Feng smiled and said nothing, Huaxing is not just eating in the United States, but also has connections in Europe.
Of course, this time it is a cooperation with Edward, and each person has 50% equity, as for how much is the final share?
We'll talk about that then.
"Did you watch the news?" Bao Fan chuckled: "Luckin has been targeted by troubled waters in the past two days!"
Shen Feng nodded, a few days ago, Muddy Waters issued an anonymous report accusing Luckin Coffee of financial fraud, which stirred up a thousand waves with one stone, and the entire investment circle exploded again.
As the largest short-selling mechanism, muddy water is entangled by it and will shed its skin if it does not die. It seems to be raided by various short-selling institutions on the standard configuration of domestically listed U.S. stocks?
New Oriental, Good Future, Focus Media, Qihoo 360, Vipshop, JD.com, Momo, Pinduoduo......
"The timing of this troubled water choice can be described as extremely vicious!" Bao Fan said seriously: "The domestic economy continues to be sluggish, and the confidence of the capital market in catering and entertainment listed companies is extremely fragile, and the intention of taking advantage of the fire to rob is obvious. ”
Shen Feng sighed, on the day the muddy water report was released, Luckin directly fell by more than 20%, and it barely fell by 10% when he tried his best to protect the disk.
"I studied the details, and the report alone was 89 pages long, purported to be produced by employing 92 full-time and 1,418 part-time investigators, collecting more than 25,000 receipts and recording more than 10,000 hours of store traffic. ”
Bao Fan said seriously: "The core logic of its short selling is that through a sample survey of more than 4,500 stores in China, it is calculated that the number of daily sales of goods has been inflated, and the effective selling price has been inflated in the third quarter of 2019. ”
"Looks pretty professional!"
Shen Feng pursed his lips, which was in response to the old saying:
Like the cow that gives a good pail of milk, and then kicks it over!
For ordinary investors, regardless of the content of this short report, the specific data of tens of thousands of dollars alone is enough to scare many people.
But in my opinion, the biggest doubt in this short report is precisely the so-called huge survey data.
Because the survey method has a key impact on the results of the survey, even if the same survey team takes different methods, it may come to completely different conclusions.
I just want to ask: Is your investigation method reasonable?
For example, it is claimed that the total effective time of the record is more than 10,000 hours?
Based on the calculation of 12 hours a day, the number of valid data days is 938 days, and the survey covers more than 600 stores, which means that the average number of effective record days for each store is only 1.51 days?
How can you judge someone's sales for the whole quarter after only one and a half days of observation?
Die or die!
The so-called investigation method is professional one person with more than one, count one, many people with one, count as one, riders take meals to see the number of bags?
Take one person with more than one and count one as an example, is this considered a deliberate reduction in the number of goods sold?
Who dictates a bag for only one cup of coffee?
The funniest thing is that another short-selling institution, Citron, immediately publicly questioned the investigation report and at the same time went long on the Luckin stock price!
Before the opening of the market the next day, Luckin officially responded strongly, denying all the accusations of Muddy Waters one by one, and reserving the power of legal prosecution.
As a result, the troubled waters withered in an instant, and kept shouting that it was anonymous and had nothing to do with him?
It's cheap!
"Fortunately, thanks to the strong protection of several major funds, the stock price not only did not fall, but also rose by 10%. ”
Bao Fan said helplessly: "There is no way, people's one-third of an acre of land must be in accordance with the rules of the game, being shorted is actually a common phenomenon, and the short-selling mechanism is even regarded as an important means to help the regulator protect small and medium-sized investors." ”
Shen Feng laughed and said: "Muddy waters are also unlucky, the performance in the past year has been too miserable." Shorted Anta five times in a month, claiming to be a profit fraud, internal corruption, and fraudulent financial ......"
"The result?"
"Not to mention that people are living well, the stock price has risen by 30 percent. ”
"If I want to beat the gong and drum and send a pennant over, it will be written ......"
"Thank you!"
The two laughed, but ridicule was ridicule, and Shen Feng did not dare to take short-selling institutions lightly.
In particular, the old rivers and lakes that focus on short-selling new stocks such as Muddy Waters and Citron have no intention of establishing a high-quality investment banking team, and cannot take over decent investment banking business, so they rely on sharing the profits of the stock price crash with hedge funds to survive.
It seems that the way and path of sharing is very secret, but the so-called unprofitable is not early, what is the short report chart that spends so much effort and risks a lawsuit?
The principle is simple: while colluding hedge funds are building short positions, they are concocting short reports waiting for the opportunity to be released, causing the stock price to plummet.
Of course, the selection of targets is also very particular: first, aim at star companies, the stock price has risen well in the past year and a half, so that there is room to be short.
Second, the plate is relatively small and the stock price is volatile. The market capitalization can range from billions of dollars to tens of billions of dollars, and you can borrow stocks to short.
For example, if you borrow 5 million shares of Luckin at $45 and empty them at an average price of $40, if you can cut the stock price in half and buy it back at $20 per share, you can easily earn $100 million in price difference by returning the stock.
If Luckin only falls to $35, the difference earned by the bears may not be enough to pay the huge interest. What if Luckin could go up to $50?
Short positions lose at least 50 million!
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