/biz/ - Business & Finance

CHINK SCAM GSX EXPOSED BY BASED BOBOS, -7% TODAY. WE ARE SO FUCKING EARLY THIS SHIT WILL PLUNGE TO -500% TO $5 JUST LIKE LUCKIN COFFEE IN THE COMING WEEKS. 7/17 PUTS ON THIS BITCH

>GSX Techedu is a “near-total fraud” and worthless, according to one investment firm.

>Muddy Waters Research says at least 70 percent of the Beijing-based GSX’s users are bots and that the real number is likely 80 percent or more. The company doesn’t generate revenue without users and its expenses are greatly understated, the report found.

>Shares of the $7.88 billion educational software provider fell sharply after Muddy Waters tweeted out its findings.

>“We conclude that GSX is a massive loss-making business,” Muddy Waters said. “Regardless of how one cuts it though, GSX is an almost completely empty box,”

>Citron said GSX was overstating revenue by up to 70 percent and that the company should “immediately halt trading and launch an internal investigation.”

>Muddy Waters’ report came after Citron Research last month called GSX “the most blatant Chinese stock fraud since 2011.”
>the most blatant Chinese stock fraud since 2011
https://www.google.com/amp/s/www.foxbusiness.com/markets/china-stock-gsx-techedu-massive-loss-making-business-muddy-waters.amp

TODAYS PLUNGE WAS CAUSED FROM A SINGLE TWEET, IMAGINE ONCE THE LAWSUITS START LMAO

HOP IN WHILE YOU STILL CAN, LETS PROFIT FROM CH*NESE TEARS

>>19181903
CHINK SCAM GSX EXPOSED BY BASED BOBO, -8% AT THE MOMENT WE ARE SO FUCKING EARLY THIS SHIT WILL PLUNGE TO -500% TO $5 JUST LIKE LUCKIN COFFEE

HOP IN WHILE YOU STILL CAN, LETS PROFIT FROM INSECTOID TEARS