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  • rchites rchites Jun 21, 2011 10:13 PM Flag

    China Development Bank may soon step in

    REALLY IDIOT! You are as stupid as MUDD RBC analyst- Mr. Quinn stuck to his “outperform” recommendation on the stock, arguing that the evidence is mounting in Sino-Forest’s favor that allegations made against the company by Muddy Waters will be proven wrong. Last week, Muddy Waters published allegations that the Chinese-based and forestry firm had overstated its assets, decimating the share price and sending it to five-year lows.
    Mr. Quinn noted that Muddy Waters had said in an analysts’ call on Monday that it had been unable to find any business registration records for a Sino-Forest subsidiary called Greenheart for its operations in Suriname.
    Y is.

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