Tuesday, June 28, 2011 11:33:08 AM
Let me use ONP to make a prediction, if I am wrong so be it.
ONP was Muddy Water's first casualty as we all know. SNOFF has been it's latest victim and now there is a rumor Muddy Waters is "taking down" another stock...
http://www.bloomberg.com/news/2011-06-27/yurun-isn-t-aware-of-a-short-seller-s-report.html
This is my prediction. Carlson Block told Bloomberg a few months ago that he WOULD concede not all Chinese stocks are bad and would eventually write a positive report. Carlson Block is a manipulator as we know. Conspiracy:
Could Carlson Block and the CEO of YURUN be planning to squash the shorts this time. The shorts are eating up YURUN, and the CEO is buying up shares for his company. WHAT IF Muddy Waters just happens to write a positive article about YURUN! The stocks would go crazy and the shorts would (well you know).
In the end this could be great for ONP for it would prove not all these stocks are corrupt. This of course is my opinion and we should see over the next month or two what comes of it. I'm just suspicious of Carlson's "Leak"... I had to vent and had no where else to go with my conspiracy theory but here. Where it all began! Thanks...
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