SOS Ltd: Buy the Bounce or Run Like Hell?
SOS Ltd: Buy the Bounce or Run Like Hell? InvestorPlace 3/2/2021 On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS), a Chinese cryptocurrency mining company. The two short-sellers claimed that SOS stock was an intricate “pump and dump” scheme that used fake addresses and doctored photos of crypto miners to create an illusion of success. © Provided by InvestorPlace danger, risk ahead warning sign SOS stock initially sank 25% that day. But as Bitcoin (CCC: BTC) prices recovered over the weekend, SOS bounced back even stronger than bef...