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What: Shares of Chinese fertilizer company China Green Agriculture
So what: The only new "news" out today is a press release from the company stating that "its policy is not to comment on unusual market activity or rumors." This follows a 12% drubbing that the stock took yesterday. Perhaps investors were hoping that the company would fire back after the drop with something to bolster investor confidence. If that was the case, the company's note was sorely disappointing.
Now what: Potentially more irksome for the stock was the fact that investors' primary bugaboo -- the fraud accusations against the company -- were dragged back into the fore today as multiple pundits questioned why Chinese microcap Kingtone Wirelessinfo
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or Facebook. The Fool’s disclosure policy prefers dividends over a sharp stick in the eye.