It is really a stretch to call Muddy Waters top notch. No matter which parameters you are using to evaluate a financial research firm (or team), you will no associate Muddy Waters with "top notch". A Nevada mail box does not help that either.
Having said that, MW is EXTREMELY successful in exploring and fueling fear and uncertainty factors on the Chinese small cap sector, especially on ONP.
Hopefully, Chinese small caps will take this whole episode as a lesson learnt, and improving their financial control processes.
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