VIPS...MW or its partner calling it a fraud,

[Mountainbiker]

Those shorters found another victim. VIPS...

[M1DD]

Where have you read this?

[Mountainbiker]

Where have you read this?

I got an email alert from Seeking Alpha.

Vipshop dives on report of fraud call from Muddy Waters partners • 11:05 AM

• Reports a Muddy Waters partner is accusing Vipshop (VIPS -6.8%) of being a fraud has led shares to dive over the last ten minutes of trading.
• Given what happened to NQ Mobile following Muddy Waters' fraud accusations, some investors are likely in a risk-averse mood.

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[M1DD]

I mean, I don't think MW has any credibility, but what are we thinking for a short term trade?

[Mountainbiker]

I mean, I don't think MW has any credibility, but what are we thinking for a short term trade?

Watching it for a swing trade. Lots of Dec puts are being put on today.

[M1DD]

I mean, I don't think MW has any credibility, but what are we thinking for a short term trade?

Watching it for a swing trade. Lots of Dec puts are being put on today.

I agree. It's also a $4bn market cap company - much different than NQ's situation.

[Mountainbiker]

Have a look at this: http://t.co/rg4VIXz2vU

[M1DD]

Have a look at this: http://t.co/rg4VIXz2vU

Can't access whatever you posted, unfortunately.

[kevinh]

Let's not attribute everything to MW. MW never posted anything on VIPS on their website and stated via twitter they have no view on VIPS.