Replies to post #418 on Silvercorp Metals Inc (SVM)

[Picassa]

A new attak.............

Based on the research we detail below, in our opinion SVM may be appropriately valued at no more than US$1.60-2.50/share.

http://chinastockwatch.com/

[lmcat]

The problem with SVM is not taxes and dividends - it is accounting improprieties.

Muddy Waters is extremely bad news. Take a look what they did to CCME last Feb./Mar. CCME was trading in the $20 range on the NASDAQ and then it was halted. Deloitte, one of the major accounting firms did the 10K for 2009 but then stalled and quit! CCME is now dead in the water in the .30 range!!

I should have listened to them but knew they were short the stock and I "guessed" their report was designed to drop the pps. Well it did that all right and I could have sold even at $15 a share!

Like I said - Muddy Waters is really bad news and you should research other companies they have assaulted and see what happened to them. The outcome for CCME remains unknown - company is silent and we only hear about lawsuits!