OTCPK:TOUBF - Post by User
Comment by
krashzoneon Jun 09, 2011 5:32pm
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Post# 18695890
RE: RE: Another Muddy Waters Error
RE: RE: Another Muddy Waters ErrorIf you read the MW report, it is clear that he has the info in it fed to him. There is some actual research in that report. The conclusions may be overstated and blown out of proportion, and the fraud claims might be inaccurate, but someone who has done some leg work is behind the report.
My guess is that several hedge funds get together, pick a target, short the stock then get someone like MW to publish a negative report.
I would also guess that they have covered by now.