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Chinese pollution equipment maker Rino International (RINO -15.1%) plunges today after...

Chinese pollution equipment maker Rino International (RINO -15.1%) plunges today after postponing a call to discuss Q3 results - spooking investors worried about a research firm's claim that Rino's $56M profit last year was entirely made up.
Comments (3)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    As long as they are technologically on par with their western rivals, it's all good. Nothing wrong with lying, it's encouraged here. You can even get an award just for showing up!
    17 Nov 2010, 03:06 PM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "...spooking investors worried about a research firm's claim that Rino's $56M profit last year was entirely made up."

     

    It would spook me.

     

    This is a capital offense in China. Any sign of the CEO or board?
    17 Nov 2010, 03:49 PM Reply Like
  • zorrba
    , contributor
    Comments (426) | Send Message
     
    Is there an arrest warrant out for the directors?
    2 Dec 2010, 02:04 PM Reply Like
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