Carson Block interviewed on CNBC Street Signs “Red Flags in Chinese Stocks” (November 29, 2011)

2 Responses to Carson Block interviewed on CNBC Street Signs “Red Flags in Chinese Stocks” (November 29, 2011)

  1. comment author avatar

    How difficult will it be for the truth to come out about focus media and how long do you think will it take to do so? I would like to initiate a short position on the stock but do not want to be early. Thank You Jesse

    • comment author avatar

      The report by Muddy Waters contains factual errors which the firm has yet to clarify. Particularly regarding involvement of a person named Fumin Zhou, SIG, Home Inns and Kanghui, which were investments made by a friend of mine who ran Susquehanna’s venture group, which was the SIG that invested. Apparently Fumin worked at another firm. You should do your own research in addition to what Muddy Waters posts as some of the information is materially inaccurate and, as far as I can tell, the firm has not clarified this material factual error.

      Jack

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