Wednesday, April 10, 2013

"The Buffett Suntech hoax?" ($STP)

Business Spectator:

"One could be forgiven for thinking it was all just a last desperate ploy from traders in Suntech to milk a little out of the situation. This theory gathers legs when you realise that several Chinese media outlets, which have regularly had scoops from inside sources at Suntech, are not convinced in the worth of the gossip. Their sources are telling them merely that the bankruptcy process is ongoing and they are largely quoting Bloomberg for the Buffett link."

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