Golar LNG Limited (GLNG) and Golar LNG Partners LP (GMLP) Tick Lower on New "Strong Sell" Rating
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Price: $37.28 +2.47%
Rating Summary:
5 Buy, 1 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Rating Summary:
5 Buy, 1 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade GLNG Now!
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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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.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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bs article above
lee98 on Mar 13, 2012 10:14 AMMark as Spam | Reply to this comment
what else would a short seller say? No facts, just opinions.