Muddy Waters Just Getting Started On Sino-Forest

That report they released last week? Wasn’t even their best material, according to founder Carson Block who told reporters today from an undisclosed location there’s so much more where that came from and that anyone long Sino should probably be quaking in their boots. You don’t even know.

Carson Block, the short seller whose assertions of financial manipulation by Sino-Forest Corp. (TRE) preceded a 71 percent plunge in the forestry company’s shares last week, said he will release more research “pretty soon.”

“We didn’t really do our accounting tour de force,” said Block, the founder of Hong Kong-based Muddy Waters who’s said he doesn’t like to give his exact address because he’s received death threats. “Our resident accounting monster is chomping at the bit to get going.”

Muddy Waters Plans More Sino-Forest Research [Bloomberg]

(hidden for your protection)
Show all comments

42 Responses to “Muddy Waters Just Getting Started On Sino-Forest”

  1. Golden Boy says:

    “Resident accounting monster”

    That’s what she said.

  2. Anonymous says:

    Champing at the bit.  Champing.  [sigh]  

  3. Golden Boy says:

    Someday, this smug Muddy Waters idiot is gonna go all in on a single Chinese trade (think options on margin) and BOOM.

  4. Non-Entity Hedge Fund Manager says:

    This is an exceptional business to be in. If Carson has made less than 5x his money in the last 12-18 months doing this, I’d be shocked. If he made the right trades and reinvested the proceeds, it’s not that hard to see how he could have made 50-100x his money. Too bad he’ll probably be arrested next time he steps foot on American soil.

  5. CautionaryTale says:

    He’s had so many winning trades that he can finally hire an editor for his reports.

  6. savy investor says:

    i bought on friday, saw shares trade up 50% on monday, and was feeling pretty clever.  not feeling so clever now….

  7. Larry David says:

    Is it chomping or champing?

  8. Larry David says:

    Is it chomping or champing?

  9. Christofurio says:

    Champing at the bit. 

    NYPost headline writers never get such things wrong.

  10. Christofurio says:

    Champing at the bit. 

    NYPost headline writers never get such things wrong.

  11. wzdqcR Im obliged for the article.Really looking forward to read more.

  12. Ram says:

    I would always like to help out with your shtoos. Just let me know and maybe I can arrange it. I don’t know if I would have the patience you have, though. After watching you in action, I know for sure that it’s a whole lot harder than I imagined. I might panic, or start to cry if the baby wouldn’t go to sleep and. There’s a lot of pressure. On second, though?/

  13. P7HEpl Thanks a lot for the blog.Much thanks again.

  14. invertir says:

    A big thank you for your blog post.Much thanks again. Awesome.

  15. Great, thanks for sharing this blog article. Really Cool.

  16. kreditai says:

    I cannot thank you enough for the blog.Really looking forward to read more.

  17. Thanks for the article.Thanks Again. Want more.

  18. Awesome blog article.Really thank you! Much obliged.

  19. Thanks for the blog post. Keep writing.

  20. I really enjoy the blog post.Much thanks again.

  21. LpMRdM Thank you for your article post.Really thank you! Want more.

  22. Werewolves says:

    Very neat blog article.Really thank you! Awesome.

  23. Really enjoyed this blog.Thanks Again. Really Cool.

  24. Fantastic blog.Much thanks again. Keep writing.

  25. Im thankful for the blog article.Thanks Again. Keep writing.

  26. room plus says:

    Looking forward to reading more. Great article.Thanks Again. Really Cool.

  27. procera avh says:

    Really appreciate you sharing this article post.Really thank you! Will read on…

  28. job advice says:

    I am so grateful for your blog post.Really thank you! Great.

  29. Thanks a lot for the article post.

  30. E-lites says:

    Muchos Gracias for your blog.Thanks Again. Really Cool.

  31. Thanks for sharing, this is a fantastic blog post.Really thank you! Really Great.