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Investors Vote On NQ Mobile, Results Are Overwhelming!
Friday, June 6, 2014 - 10:25am | 305Read More...The investing community thinks shares of NQ Mobile (NYSE: NQ) have significantly more upside, according to a survey conducted by Benzinga. The company's stock took a big hit after Muddy Waters published research very critical of the company. NQ Mobile responded by forming an independent...
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NQ Mobile Shares Continue To Surge As Market Digests Talks of a Relationship with China Smartphone Maker
Monday, November 11, 2013 - 1:23pm | 213Read More...Shares of NQ Mobile (NYSE: NQ) were surging as much as 15 percent higher in early morning trading action, following news reports of a possible relationship with a major Chinese smartphone maker. NQ Mobile has been the subject of a recent negative research report from Muddy Waters. The research...
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Muddy Water's Carson Block: Forget Shorting China, Government Protects Frauds
Tuesday, November 27, 2012 - 4:42pm | 1199Read More...Carson Block, founder of Muddy Waters Research, spoke with Bloomberg Television's Stephanie Ruhle and Tom Keene on "Market Makers" today about his report on Olam International and said that he's lost interest in betting against Chinese stocks. Block, who compared Olam to Enron, said, "China has...
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Carson Block of Muddy Waters Comments on Focus Media Going Private Proposal
Monday, August 13, 2012 - 11:01am | 71Read More...Shares of Focus Media (NASDAQ: FMCN) traded up as much as 11% Monday morning after the company received a going private proposal for $27 per share. The company had been targeted by noted short-seller Muddy Waters. Carson Block of Muddy Waters commented, "The markets are far better off if a few...
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Muddy Waters Responds to Focus Media
Tuesday, November 29, 2011 - 1:31pm | 221Read More...Muddy Waters posted on its website on Tuesday, reiterating its Strong Sell rating on Focus Media (NASDAQ: FMCN) and countering statements made by the company in a call last week. After Muddy Waters released its initial 80-page report on the company, the stock sold off sharply. Muddy Waters has a...
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Sina Hit on Muddy Waters Mix-Up
Monday, November 28, 2011 - 12:43pm | 389Read More...On Monday, Sina Corp (NASDAQ: SINA) traded sharply lower after speculation circulated that the company could be the next target of noted short seller Muddy Waters. Earlier in the month, Muddy Waters released a report critical of Focus Media (NASDAQ: FMCN). That report sent the stock trading...
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Silvercorp Fights Off Short Seller Accusations
Thursday, September 22, 2011 - 12:49pm | 598Read More...Earlier this week, Silvercorp Metals (NYSE: SVM) announced their lawyers are now working with Deer Consumer Products (NASDAQ: DEER)—another Chinese company that has recently seen its share price drop on short seller fraud allegations—to fight against (what the company characterizes as) "false"...
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Carson Block Of Muddy Waters" Sino-Forest Stock Is A "Zero"
Friday, August 26, 2011 - 3:47pm | 341Read More...Carson Block of Muddy Waters Research spoke to Bloomberg Television's Julie Hyman this afternoon regarding Sino-Forest. Block said that he was "certain" on Sino-Forest when he first called the company a fraud and that he still holds a short position because the stock is a "zero." Highlights can be...
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Muddy Waters' Carson Block On Bloomberg Television: "I Am Not A Ninja Assassin"
Thursday, June 30, 2011 - 1:38pm | 675Read More...Carson Block of Muddy Waters spoke to Bloomberg Television's Erik Schatzker about Sino-Forest earlier today. Block said he is still short Sino-Forest and that he isn't a "ninja assassin" who brings down stocks. He thinks of himself as someone who is "protecting investors." Highlights of the...
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Spreadtrum Communications Soaring Today
Thursday, June 30, 2011 - 11:27am | 98Read More...Spreadtrum Communications, Inc (NASDAQ: SPRD) shares are soaring today, gaining more than 13% after Muddy Waters and its co-founder, Carson Block, backed off the claim that the company is a fraud. Yesterday, the company said that the concerns Muddy Waters had over rising inventories were because...
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SEC/Muddy Waters Hoax Begs the Question: Can You Ever Trust a Press Release?
Tuesday, June 21, 2011 - 3:34pm | 568Read More...What is the difference between this press release and this one? They both come from Business Wire and appear on Benzinga.com. The former element tells us that the press releases are legit; the latter element tells you, the Benzinga reader, that the contents are real. Now in press release terms,...
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CNBC Confirms Carson Block Press Release Is Fake
Tuesday, June 21, 2011 - 9:45am | 42Read More...Herb Greenberg of CNBC just confirmed that the press release accusing Carson Block of stock manipulation is a hoax. Greenberg spoke to Block, who said that there will likely be a lawsuit over this. The press release has since been taken down.
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Sino-Forest Publishes New Documents Refuting Muddy Waters Claims
Friday, June 17, 2011 - 12:05pm | 249Read More...Sino-Forest Corp. has published new documents in the company's data room that it believes refute the claims by Muddy Waters LLC that one of the companies it has done business with is actually a subsidiary of Sino-Forest. Muddy Waters, which is run by Carson Block, said that a company known as...
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Muddy Waters' Carson Block: "Impossible" To Say How Many Chinese Companies Are Legitimate Investments
Tuesday, April 12, 2011 - 12:22pm | 21Read More...Muddy Waters' Carson Block told CNBC that it is "impossible" to say how many Chinese companies are legitimate United States investments.
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Muddy Waters: Punishment For Committing Fraud In China? A Bullet To The Head
Tuesday, April 12, 2011 - 12:19pm | 78Read More...Muddy Waters' Carson Block said that the reason why Chinese companies are more eager to commit fraud in the United States is because of the risks. "If these guys were permitting the same thing in China, the punishment is a bullet to the head," he said during an interview with CNBC. "It's not a...



