China Agritech (CAGC) Grabs Investors Attention on Short-Seller Rebuttal

February 10, 2011 11:32 AM EST
China Agritech Inc. (Nasdaq: CAGC) have made a 180-degree turn from their opening today, following a press release where the company issued a response to what they deem ' inaccurate facts and misleading allegations' by short-seller LM Research.

Following an open about 3.8% lower, and dropping another 1.8 percentage points to $9.00, shares have sprung back up and are now 3.5% better on the session.

Click here to read the rebuttal and listed facts about the company issued earlier today.


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