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ChuckD-MSB

09/15/11 1:23 PM

#429 RE: lmcat #427

It is not Muddy Waters that put out the report, he just made a tweet that he was shorting the stock.
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mopower2u

09/15/11 1:26 PM

#430 RE: lmcat #427

Being cautious on this stock is not only wise but prudent. There are several acctg issues that have not been addressed from this report. 1) Why sell 5% of a company for $7mm when its reportedly worth $1.2bil? 2)How come there are such disparities between Chinese and SEC financial reports? 3) If "anonymous's" reports are false, why has info on auction sale taken down from internet?

IMO, I believe where there's smoke there's fire. The only question is , how big a blaze there is.


LTS..shine on