News; Bullock, founder of muddy water: killer or Angel
Published: Thursday 28 July, 2011
From the brink of bankruptcy to the formidable Western prospectors were short, Muddy Waters, founder of Kang's Adventures Bole
Supporters regard him as a scam capital markets to expose the "Zorro" type of hero, critics accused him of a "rogue," "seek their own self-interest of short sellers." But a year ago, he was just a luck of the China Western Gold Rush: reputation is not significant and even some of abjection.
Because of this, his experience was covered with a layer of legend. Deliberately low-key after the famous and mysterious movements also make it increasingly unpredictable. However, with increasing attention being, even the name of its capital market began to appear under the banner of the rumors, he has been very difficult to remain hidden behind the scenes of "Assassins" image.
Americans Carson Brock (Carson C. Block), muddy water company (Muddy Waters) founder. 12 years since the dream of gold in China, 23 years later to become the most formidable Chinese stocks short, he prefer others to call their own Chinese name "Bole health."
"We're not Goldman Sachs, not the big institutional investors, we just Nobody (unknown junior)." In early January, Bole Kang on "Global Entrepreneur," said. But six months after the July 8, when the Bole health again and the "Global Entrepreneur" Reporters dialogue, he has fame, became the capital market, no one dared to ignore the influential people.
He's invisible "power" comes from the perfect hunting results. Since June 2010, the muddy water company has worked to target Orient Paper, RINO International, the Chinese high-speed channel, multi-Global Water, Sino-Forest and other North American-listed Chinese stocks, questioned the existence of these companies made financial false, false contracts and other fraudulent investor behavior. As will be shot in the top assassin, recreational hunting Bole Chinese stocks eventually escaped, RINO International, China's high-speed and multi-channel exchanges are delisting Global Water, Sino-Forest shares fell, Oriental Paper Industry stock has less than half were ever done.
Over the past 10 years, China stocks have been Wall Street's enduring investment products, but also a lot of texture assembly line through a reverse merger with poor access to overseas capital markets. Bole Kang punctured inadvertently became the first emperor's new clothes of people. Lack of experience in large institutional investors undoubtedly Bole Kang's weak spots. But that is the most magic alone some professional background, investment experience and field research, he again and again to find those hidden behind loopholes in the financial statements, to muddle through for years in the capital market listed companies to fatal blow. This is undoubtedly the capital market to subvert the traditional tenets: that only those big Wall Street investment institution or a senior research analyst rating report will significantly affect the share price.