That’s not exactly news coming from China’s biggest retailer. It’s not like the white man in China was gonna say ‘this country is fucking fucked.’ Nevertheless, Mike Evans made an elevator pitch as to why China is so awesome.
The share price of BABA has made a fool out of all the short sellers over the past year, up 44%. This is a widely demonized company, with a CEO who has a head shaped like a carvel football iced cream cake. Some people inside China view Jack Ma as the anti-christ himself — others just think he’s an asshole. Either way, Jim Chanos is in agreement.
Here is Jim trying to destroy the entire country of China with his greasy rhetoric.
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I never shopped on AliBaba, but I’ve seen curvy mr. Ma take his investors for a ride before, when he took company public first time around few years back in HK (look it up).
Once a scoundrel – always a scoundrel.
But this time even better:
shares of BABA have kinda superficial connection to Alibaba – its a tracking stock for proxy shares held in offshore account.
Complete fucking scam