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tbirdman

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tbirdman

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Wednesday, 09/15/2010 9:30:12 AM

Wednesday, September 15, 2010 9:30:12 AM

Post# of 704570
UTA-Be careful here
http://www.onenewspage.com/news/Technology/20100915/15055901/FRAUD-ON-THE-NYSE-Chinese-Travel-Company-Universal.htm

The following investigation of NYSE-listed *Universal Travel Group (UTA)* was written by John Hempton, a fund-manager at Bronte Capital. The investigation was first published at Bronte's web site.

Bronte and Hempton have shorted the stock of UTA based on their conclusion that the company as described in UTA's SEC filings is mostly a fiction. They will therefore benefit if the stock drops.


Business Insider has not independently verified any of the information or assertions made below. We welcome comment from UTA and will update this analysis if we get any.
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