Chapter 285: Finally Dead!
"Finally delisted?"
Bao Fan looked at Shen Feng with a complicated expression, and sighed: "Retreat!"
Shen Feng heard the news that Luckin was forced to delist by NASDAQ, and he had mixed feelings in his heart, after all, he had created a miracle, was once known as the harvester of the United States, and even the light of the nation, but now he ......
"Recently, we must be careful, many short-selling institutions have been eyeing Chinese concept stocks!"
Bao Fan said solemnly: "The departing employees who learned from whom they learned are now fragrant, and various consulting companies have received calls from them, and even directly offered to get more fraudulent revelations about who to learn from." ”
"Four thousand in one hour!"
"If you can introduce a working colleague, add another 2,000!"
Shen Feng nodded, Li Nanjun also received the news that Muddy Waters made a lot of money after hunting Luckin, and dozens of researchers continued to investigate who to learn from shorts for several months, and it has been found through more than 200 paying users that more than eighty percent of their income may be fake!
Who makes your data look as good as PS?
The stock price went all the way up from $10.5 in eight months to $46?
Hundreds of thousands of users skyrocketed in half an hour?
Shen Feng is very helpless, now he is afraid of pig teammates, you don't know when this garbage will explode!
"The most terrifying thing now is not the short-selling institutions, many people from other industries have also joined in, once they find evidence, sell at a high price, and make a lot of money. ”
Bao Fan worried: "Luckin has completely become the fuse, becoming a feast for the whole people to short, the market has been accustomed to believing in the good stories told by Chinese concept stocks in the past seven or eight years, and once trust collapses, it will ......."
Shen Feng can only sigh, there are no eggs under the nest, and millions of winners cannot be left alone, from the Luckin thunderstorm, in order to avoid being seized by short-selling institutions, the financial team has been working overtime for a long time to self-check and standardize.
Now on the cusp of this storm,
Don't say it seriously,
Even if it is false, some people believe it!
"Several major audit giants are also afraid, especially Deloitte, desperately trying to re-investigate all Internet companies, and the audit standards have been raised too much......"
"This is the later good future self-exposure of 100 million US dollars in sales fraud, at that time, who was being shorted for the first time to learn to prove his innocence, and the fake appearance also released the financial report in advance......"
"A few days ago, I chatted with a friend who is one of the top ten institutional shareholders of Luckin, and all the hundreds of millions of US dollars in positions have been lost.
"It seems that the concept is poison, whoever touches it will die!"
Luckin is the sinner of Huaxia Enterprise!
Shen Feng didn't know what to say, after the scandal broke out, for the first time in history, the chairman of the US Securities and Exchange Commission publicly reminded him not to invest in Chinese concept stocks on TV media!
For a long time to come, Wall Street will use the Luckin incident to define Chinese companies, and it will take us a long time to reverse this extremely negative image.
The IPO raises $25 million or at least 1/4 of the post-IPO market capitalization,
The new restrictions are proof of this!
Clinking glasses of wine with Bao Fan, of course, shorting is not a matter of moving your mouth, simply thinking that the stock price is overvalued, just shorting?
This one dies the fastest.
Look at Pinduoduo and JD.com, they have repeatedly hit new highs without making a penny. Pinduoduo is up 57% this year, from $37 to $60......
JD.com also barely rose by 50%, if you don't open your eyes this year, you will lose at least $1 billion if you short Pinduoduo.
Jingdong is better, almost 700 million.
Therefore, fools go short because the price is overvalued, and they must kill the performance and financial fraud, so that they can be killed with a stick, such as Luckin and Good Future.
The eight immortals cross the sea to show their own magical powers, and each has a set of methods to find their prey. For example, Citron was unexpectedly found based on the weekly increase data of U.S. stocks, who did the stock price learn from on the day of listing, and the stock price had been mediocre until the news that eight shareholders were going to sell, but the stock price soared?
From 3 billion to 7 billion, and finally more than 10 billion US dollars?
Who believes that you are not pulling up the stock price and cutting leeks?
Edward has long reported that eighty percent of the stocks in the hands of several major European banks have gone to the hands of short-selling institutions!
"Hey, as long as you smell blood, the sharks will only gather more and more. Bao Fan said helplessly: "A week after Citron released its first short-selling report, Scorpio Ventures also came out to wait for an opportunity to strangle, this guy was originally Ali's marketing technology service provider!"
"Idle is also idle, a group of technical nerds all kinds of data peeling, what technical team, material team, report writing team ......"
"As long as the goal is to knock out the same listed company, the fairy tiger dog is a fucking good friend!"
Shen Feng couldn't help but laugh, whoever let the secondary market fund managers all buy and sell in groups, and the information between them is as transparent as if they were not wearing pants.
If you want to go short, you can either open a position in advance and sell directly after the report is released.
Or simply avoid it.
It's unlucky to learn from anyone in eight lifetimes, and in just three months, it has been turned six or seven times in a row by Grizzly Research, Citron, Scorpio Ventures, and Muddy Waters!
Fortunately, there are too few circulating shares in this guy, and it is not difficult to control the funds, and it is also a pleasure to keep an eye on the market every day.
Bao Fan saw Shen Feng's thoughts, and scolded with a smile: "The strategy of these old foxes is to drag out time, flies don't bite eggs, and there will definitely be various short-selling reports in the future." ”
"The two founders of Citron and Muddy Water even publicly attacked who to learn from on a well-known TV station last week, and the two heads joined forces, and I was also drunk!"
Shen Feng shrugged, there was no way, once the emptiness and many, he could only keep dying.
After more than three years of entrepreneurship, the investment logic of the primary market is actually very simple, and the early stage of entrepreneurship is more about looking at the team and the track, without too much digital verification.
But the later it goes, the more the company needs to prove itself with performance figures. The B round can still struggle a little, and it really gets to the C and D rounds......
It's stressful!
There are all kinds of money that want to defraud investors, and some brands even require agents to take goods directly from Tmall and JD.com, and not go through traditional offline channels.
Nonsense, take the goods at the original price, secretly rebate cash offline, isn't the C-end sales very good?
What caliber adjustment, transfer to recognize revenue, brush data......
Now there is even a discipline called Creative Accounting......
Creative Accounting!
Take a look at the second-hand cars of Uxin, the official website shows that the total number of vehicles in the country exceeds 1.8 million, but only those who meet the conditions for returning the car and Uxin certification are ......
70,000 vehicles?
Surprised?
Not surprised?
"Now our investors are like Sun Wukong, all kinds of fiery eyes, fighting wits and courage with bewitching and cheap goods. ”
Bao Fan scolded his mother: "A few days ago, I watched a project, the mother and baby to the B platform, and the D round of financing at the level of 100 million US dollars actually relied on brushing?"
"The store places an order at the sea auctioneer, and the payment is made by the sea auctioneer, and then it flows to the supplier, and the supplier returns it to the original store, and the three parties idle and run the water ......"
"Ten million sales, more than four million are all out of water!"