RINO International Continues To Plummet, Down 17% (RINO)

RINO International Corporation RINO is off sharply again today, as a research firm called Muddy Water Research described the company as a scam, and put a $2.50 price target on shares. At last check, shares of RINO were off $1.88 to $9.13, a loss of over 17%. To read the research report describing the company as a fraud, view it here, courtesy of Zero Hedge. RINO operates as an environmental protection and remediation company in the People's Republic of China.