Seeking Alpha

InterOil (IOC +0.2%) plummets from early highs, as Citron Research views the hiring of a new...

InterOil (IOC +0.2%) plummets from early highs, as Citron Research views the hiring of a new CEO, "who was previously unemployed, [as] just window dressing on a bigger story" - indictments that could be coming against a shady character who had been close to ex-CEO Phil Mulacek. Citron suggests Mulacek may have been involved in illegally promoting IOC stock.
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Comments (3)
  • Mongoose7916
    , contributor
    Comments (229) | Send Message
     
    Should probably consider this info valid since Citron definitely knows what it takes to act in an illegal shady manner
    11 Jul 2013, 12:17 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (5256) | Send Message
     
    IOC continues to produce -- http://seekingalpha.co...
    11 Jul 2013, 12:22 PM Reply Like
  • Uchella
    , contributor
    Comments (21) | Send Message
     
    Citron is well-known for these calculated hatchet jobs. This is not surprising in the least. Short specialists. Hope the new CEO responds, but he won't, he's an Aussie, and it's his first day on the job!! Citron is in my opinion bs, but good at what they do, which is drive the stock down on fear (unfounded innuendos IMO).
    11 Jul 2013, 02:23 PM Reply Like
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