New Oriental Clears Muddy Waters
After an incredible run of shorting several Chinese reverse-merger stocks such as Rino, China Media Express and Sino-Forest, Muddy Waters has hit a rough patch.
The firm's last three shorts -- Spreadtrum Communications (SPRD), Focus Media (FMCN), and New Oriental Education & Technology (EDU) -- have all effectively rebutted Muddy Waters' claims against them....394 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
