Luckin Coffee Inc (LKNCY)

[Avispa]

No idea . . . BUT . . . Block, Left Take Different Sides: Notable short seller Carson Block acknowledged knowing the identity of the author in a WSJ interview, adding that he knows the author personally and believes it was credible.

Block and his firm Muddy Waters shorted the stock based solely on the report.

"We just felt confident that the report was directionally correct, so we decided we'd be a good platform for it," he told WSJ.

Andrew Left of Citron Research, another well-known short-seller, was a buyer of Luckin's stock after chatting with large Luckin shareholders, according to WSJ. The shareholder assured Left that Luckin's internal channel checks dispelled allegations of fraud.