Muddy Waters LLC
Muddy Waters LLC is a small China-based research firm that focuses on uncovering fraudulent China stocks. Most famously, the group discovered fraud at RINO International (RINO) which was later de-listed after admitting to such fraud. In addition, the group targeted Sino-Forest (TRE.T) (SNOFF), calling it a Madoff-like fraud. The group was founded by Carson Block.
Unusual 11 Mid-Day Movers 07/20: (FSBI) (AONE) (ASTX) Higher; (LNET) (GORO) (CPHD) Lower
Morning Movers 07/20: (FSBI) (PSTI) (DOLE) Higher; (CMG) (LNET) (CPHD) (GORO) (USAP) Lower