note: email to subscribers from 12.29.2012 11 p.m. Dear subscriber, We’d like to bring your attention to a Chinese RTO that has been beaten down from $6 to $.30s since short-sellers attacked it this past summer. As you may know, many Chinese companies have been proven to be scams: RINO, CCME, PUDA (just to list […]
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Yuhe International (YUII): In for the Bounce
Yuhe International (YUII) plunged after Geo Investing, a Seeking Alpha columnist & well know short-seller, said that the company may have lied about purchasing 13 breeder farms in 2009. Geo Investing alleges that the $12.1M that the company supposedly used as a deposit for the farms may have been misappropriated & Yuhe has “internal control […]