A while ago, I profiled ChinaCast Education (CEUC.OB). You can find corresponding research in the earlier blog posting. Unfortunately, it completely dropped out of radar for many and it was slowly drifting down. In the past week, the stock made a big comeback, in large due to pretty good presentation posted on SEC site:
http://www.sec.gov/Archives/edgar/data/1261888/000117184307000548/exh_991.htm
But here is another kicker. Tomorrow's IPO - NED is in China Education sector, which will prompt others (already did) to search for sympathy plays. Chinacast Education (CEUC.OB) is definitely one of them. Again, refer to the previous posting for more information about this company.
Tuesday, October 16, 2007
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