Monday, October 17, 2011

Rodman Kills China Stocks Research

“Effective immediately, we are terminating coverage of the following companies to allocate resources more efficiently within our coverage universe. Upon termination of coverage, any of our prior projections should not be relied upon.”

The move comes after a dozens of Chinese stocks that trade in the U.S., many of them created through reverse mergers, have tumbled in the wake of accounting controversies that has sparked regulatory scrutiny.

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