◆ Contrarian Corpus
Campaigns / Muddy Waters → RINO International Corp.
Muddy Waters vs. RINO International Corp.

RINO International Corp. · RINO

1 deck published between 2010-11-10 and 2010-11-10 — 30 pages, 30 analysed slides total. Outcome: won.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2010-11-10 initial thesis

    2010 11 RINO_MW_11102010

    30pp · research_note

    RINO is a near-zero: 94% of its reported revenue is fabricated, customers deny buying its FGD systems, and founders are draining cash via the VIE; fair value $2.45 vs. $15.52.