Home > Boards > US OTC > Miscellaneous > RINO International Corporation (RINO)

Wow I leave the board and now look

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DrZhivago Member Profile
 
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DrZhivago   Friday, 11/12/10 08:07:19 AM
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Wow I leave the board and now look at all this action! It's a shame these days anybody can make allegations and it goes viral. Damage is instantly done to the company regardless if true or unfounded.

Consider the source. Muddy Waters -- is someone kidding me? They include this note with the accusation,

"You should assume that as of the publication date of any report, Muddy Waters, LLC ... along with our clients has a short position in the stock ... covered herein, and therefore stands to realize significant gains in the event that the price of the stock declines."

There was another rumor about RINO about a year or so ago that damaged the stock. Add the sky high periods of short interest and there is definitely something fishy going on behind this stock.

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