Check out the latest Seeking Alpha article regarding Yongye Intl (NASDAQ:YONG) here.
Yongye Intl (NASDAQ:YONG) responds to the Seeking Alpha article. A couple points made by the Company: "Employing one of the favorite tactics of the short sellers, or those who conspire with them, the Author notes that we do not name our distributors and then suggests that the fact that we seem to be hiding something evidences our bad faith and "might" indicate that there is "a chance" that our distributors are related parties. Our decision not to publicize those names is for competitive reasons, and there is nothing wrong with it."
"The Author says that his experience tells him that the Company's sales figures must be false because sales from Hebei province for a particular quarter fluctuated over the last few years. Our sales figures are, in fact, accurate."
Agriculture
yongyeintl.com