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RonnieD

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RonnieD

Re: Picassa post# 61

Thursday, 09/09/2010 11:54:10 AM

Thursday, September 09, 2010 11:54:10 AM

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Cowen Cuts FUQI (FUQI) to Neutral Amid SEC Formal Probe
11:31 am ET 09/09/2010 - StreetInsider
An analyst at Cowen and Company has downgraded shares of Fuqi International (Nasdaq: FUQI) from Outperform to Neutral following last night's news that the SEC has notified the company of a formal probe into FUQI's failure to file its quarterly reports in a timely fashion.


in this case, a cut to Neutral is a veiled "buy" rating.

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