IT Tech Packaging Inc (ITP)

[10atious]

More Muddy Waters...
Update on Speadstrum and Muddy's accusation. I believe this could ultimately affect ONP stock today.


FINALLY a company that is fighting back very publicly against Muddy Water's allegations. Great article that could finally shed light on Carlson Block's deceptions and shoddy investigation. IF this company can maintain a strong stock price (which it seems to be doing). The shorts could lose a LOT OF MONEY. They would no longer believe every word that comes out of Muddy Waters' "Research". AND IF ONP does follow through with their legal actions, Muddy Waters could be history. I am glad Muddy Water's made the SEC more accountable and investigate corrupt companies, but at what cost to good companies, like ONP?

http://www.ibtimes.com/articles/172010/20110630/spreadtrum-communications-muddy-waters-questions-raised-conference-call-income-tax-mobilepeak-acquis.htm