Short Reports Comming! WHO WILL BE SHORT TONIGHT?
Grizzly Research, a prominent short research, has announced that it will unveil a new "short target" at 11:30 pm EST on March 2 (12:30 am on March 3 Singapore time), according to a recent message released by the firm.
The target is reportedly a large company with a market value of around $20 billion, as indicated in a push email sent to Grizzly Research's subscribers.
The firm suggests that due to potential insider benefit transfers, the target company is likely to have significant losses in its financial reports.
It has shorted Chinese stocks, for instance, $Gaotu Techedu Inc.(GOTU)$,$58.com(WUBA)$,$Playtika Holding Corp.(PLTK)$$DouYu(DOYU)$As well as$NIO Inc.(NIO)$$NIO Inc.(NIO.SI)$$NIO-SW(09866)$.
Now, chinese companies with a market value of about 20 billion US dollars are: $Trip.com Group Limited(TCOM)$ $Li Auto(LI)$ $Yum China Holdings, Inc.(YUMC)$ $KE Holdings Inc.(BEKE)$ $ZTO Express Inc.(ZTO)$ $H World Group(HTHT)$ $NIO Inc.(NIO)$Etc.
It could also be tech stars like $Roblox Corporation(RBLX)$ $Nu Holdings Ltd.(NU)$ $DoorDash, Inc.(DASH)$ $Zoom(ZM)$ $Cloudflare, Inc.(NET)$.
Who do you think is it?
NAME YOUR ANSWER AND THE ONE NAME CORRECTLY WILL GET 500 TIGER COINS!
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🌟🌟🌟I believe $Zoom(ZM)$ will be a good target to be shorted tonight. Zoom said that it will cut 1300 staff from its work force which is about 15% in February this year. It is also facing competition like $Alphabet(GOOG)$ $Microsoft(MSFT)$ and many others too.
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