Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The suspension of trading in shares in China fraud Naibu (NBU) will make bear raider Lucian Miers a stack of cash as he was a long time short. So who is next?
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Comments
rob
Are ETX taking shorts on this stock ?
aran
There are some good Chinese stocks too. Lets have a list of those. JQW,China rerun.China New energy,Amedeo Resources.. Tarnishing all Chinese stocks with the same brush is not prudent nor fair.
Simon
looking at the trading volumes for the last month you would have to conclude that it is unlikely that Mr Miers has much of a short position in place. The biggest trading day (by far) was a couple of days ago and that was only 90k shares and if he was selling in the middle of Dec then he is still under water