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Message: SVM Accused of Fraud

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SVM Accused of Fraud

posted on Sep 02, 11 11:56AM

What a mess. Today an unnamed analyst has called SVM another Sino Forest. The assets are not there and the profits are false.

Calling the estimates too good to be true.

Short sold by 23 million shares. The company is in full denial mode and fighting back.

We will see.

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