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.
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Unusual 11 Mid-Day Movers 04/10: (XRIT) (FSIN) (LIWA) Higher; (VPHM) (TRGT) (PEIX) Lower
Fushi Copperweld (FSIN) Shares Rocket Higher as Traders Blow Off Muddy Waters Mention