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RINO International (RINO) Falls On Negative Research Report

November 10, 2010 3:14 PM EST
Shares of RINO International Corporation (Nasdaq: RINO) are seeing late day pressure after Muddy Waters Research initiated coverage on the stock today with a 'Strong Sell' rating and $2.45 price target.

The report questions the company's revenue and claims there are serious accounting flaws.

You can find the report here.

Shares of RINO are down 9.5% in late-day trading.


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