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Feihe International (ADY -5.9%) shares swoon, attributed to a Seeking Alpha blog offering...
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Monday, September 17, 2012, 3:54 PM ETFeihe International (ADY -5.9%) shares swoon, attributed to a Seeking Alpha blog offering "900,000 reasons to sell," representing the volume of consumer complaints and lawsuits around the Chinese producer of dairy products. Years of "asymmetric information" has allowed ADY "to mislead U.S. investors while its tainted products are heavily denounced by Chinese consumer groups," the article says.
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