SPRD - MW My new saying is, "beware the weak hit piece". Seems it's often just the first shot across the bow.
I suspect Muddy Waters found something very wrong with SPRD but they're not telling us the whole story yet. The weak hit piece is used to draw in buyers while they short more shares, and make existing investors dig in their heels.
I don't know if this is the case with SPRD, just saying be cautious.