Golar LNG Limited (GLNG) and Golar LNG Partners LP (GMLP) Tick Lower on New "Strong Sell" Rating

March 12, 2012 1:07 PM EDT Send to a Friend
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Price: $37.28 +2.47%

Rating Summary:
    5 Buy, 1 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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Golar LNG Limited (Nasdaq: GLNG) and Golar LNG Partners LP (Nasdaq: GMLP) are seeing some weakness today after famed short sellers Muddy Waters LLC highlighted recent "Strong Sell" ratings on both from Pandora's Box Research.

In the report, the research firm said the pair are "extremely overvalued," citing poor earning's quality, a "history of poor corporate governance, related party transactions and front running by its insiders," among others things.

You can see the full report here.


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Comments

bs article above
lee98 on Mar 13, 2012 10:14 AM
Mark as Spam | Reply to this comment

what else would a short seller say? No facts, just opinions.


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