John Hempton of Bronte capital in Oz, was a star of the recent Gold & Bears show and is right now King of the Bears - you can see his performance HERE. I started looking at Alibaba (US:BABA) as a cracking short yesterday HERE but now bring you a Hempton article from a couple of months ago which is absolutely brilliant. Read this and then tell me if you believe a word that Alibaba claims. It is a slam dunk short. Over to the King of the Bears..
I could not sleep last night so spent several hours looking at filings by Alibaba (US:BABA), the world's largest IPO. They seem red flag strewn and I would have this one down as a slam dunk sell for 2016. There will be more on this to follow but I am just putting a marker in the sand. Back in the UK I look at Gulf Keystone (GKP), African Potash (AFPO) and LGO Energy (LGO)