Liberty Posted July 18, 2012 Share Posted July 18, 2012 http://www.bloomberg.com/news/2012-07-18/internet-adrs-rebound-on-bets-selloff-overdone-china-overnight.html Link to comment Share on other sites More sharing options...
zarley Posted July 19, 2012 Share Posted July 19, 2012 Muddy Waters reports: New Oriental Mojo Not Workin' -- 8) Link to comment Share on other sites More sharing options...
Liberty Posted July 19, 2012 Author Share Posted July 19, 2012 Muddy Waters reports: New Oriental Mojo Not Workin' -- 8) ;D Link to comment Share on other sites More sharing options...
mankap Posted July 19, 2012 Share Posted July 19, 2012 Muddy water has got so powerful now that they can sink any chinese company if they want to. people will rush to get out of the company the moment they see muddy water report on the company. Link to comment Share on other sites More sharing options...
Liberty Posted July 19, 2012 Author Share Posted July 19, 2012 Muddy water has got so powerful now that they can sink any chinese company if they want to. people will rush to get out of the company the moment they see muddy water report on the company. That will work only as long as they are right, though. They kind of have earned a freebie with their past work, and enough people will trust Block to make the stock tank, but if they are wrong on a big one, then the next one probably won't work nearly as well... Kinda like Buffett's line about a reputation taking a long time to build and but a very short time to lose. Link to comment Share on other sites More sharing options...
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