Sino-Forest (SNOFF) Continues Lower
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Thursday's blow-up du jour is continuing lower. After falling 60% yesterday, Sino-Forest (TRE.T) (OTC: SNOFF) is down another 35% today.
Yesterday, Muddy Waters initiates coverage on Sino-Forest (TRE.T) (OTC: SNOFF) with a Strong Sell calling it a Madoff-like scam.
Interestingly, hedge fund titan John Paulson owns a 14.1%, or 34.7 million shares, of the company.
Yesterday, Muddy Waters initiates coverage on Sino-Forest (TRE.T) (OTC: SNOFF) with a Strong Sell calling it a Madoff-like scam.
Interestingly, hedge fund titan John Paulson owns a 14.1%, or 34.7 million shares, of the company.
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