Muddy Waters Initiates Coverage on Olam International
November 27, 2012 at 06:16 AM EST
Muddy Waters rates Olam International (OTC: OLMIY ) (OTC: OLMIF ) shares a Strong Sell. In this latest report Muddy Waters highlights how: Olam runs a high risk of failure. Its "asset heavy" strategy appears to be an off-the-rails CapEx and acquisition binge. Management talks about the "gestation" of
