Muddy Waters says Alibaba numbers ‘obviously fake’

Short seller Muddy Waters Research just tweeted, “Entertaining and coherent dissection of how obviously fake $BABA’s numbers are. Points out Singles Day claimed GMV exceeds ANNUAL rev of Sears/K-mart… Have to also love the blatant sell side co-option on display on the $BABA call. BAML, Barclays, CS analysts in Q&A have dropped any pretense of professional skepticism by referring to company as ‘we’, ‘us’, ‘our’.” Muddy Waters included a link to a November 17 blog post by an anonymous writer titled “Deep Throat.”