Street Watchdog Research Remains Short Eros Int'l (EROS); $4 PT

November 20, 2015 12:04 PM EST
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Price: $2.56 --0%

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    5 Buy, 1 Hold, 0 Sell

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    Up: 13 | Down: 14 | New: 11
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Street Watchdog Research said they remain short Eros Int'l (NYSE: EROS), saying they have not received copies of the accountant’s opinion letters despite numerous requests.

"We now even more strongly believe EROS’ financial statements do NOT accurately or fairly represent their financial position and results of operations for each of the past 3 years, and we reiterate our $4.00 price target," Street Watchdog Research said in a report just released.



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