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surfer44

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surfer44

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Friday, 03/24/2017 9:16:23 AM

Friday, March 24, 2017 9:16:23 AM

Post# of 163716

China's Largest Dairy Operator Suddenly Crashes 90% To Record Low, Muddy Waters Says "Worth Close To Zero"

Tyler Durden's picture
by Tyler Durden
Mar 24, 2017 12:03 AM
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In December 2016, Muddy Waters' Carson Block said China's largest dairy farm operator, Hong-Kong listed China Huishan Dairy Holdings Co., is "worth close to zero" and questioned its profitability in a report. Today, with no catalyst, it suddenly almost is. The stock collapsed over 90% in minutes to a record low.



No catalyst? Now that's funny.

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