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Harbin Electric (HRBN) climbs back from sharp early losses as it comes out swinging against a...

Harbin Electric (HRBN) climbs back from sharp early losses as it comes out swinging against a report from Citron continuing to allege accounting issues, multiple securities violations, and that the move by the company to go private isn't happening. "This report ... is a patchwork of fabricated evidence ... (intending) to drive the stock price down."
Comments (1)
  • zorrba
    , contributor
    Comments (411) | Send Message
     
    One way or another, there is a lot of emotion behind the ongoing volatility. The Citron report looked credible to me.
    3 Aug 2011, 03:56 PM Reply Like
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