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Post# of 94785
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ratobranco

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ratobranco

Re: None

Tuesday, 11/30/2010 7:11:36 PM

Tuesday, November 30, 2010 7:11:36 PM

Post# of 94785
CEU - Just read the full Kerrisdale report (I had only watched the videos). People that haven't read the report should do so. The youtube videos don't tell the whole story.

http://kerrisdalecap.com/wp-content/uploads/2010/11/CEU-Report-November-2010.pdf

See p.5. CEU claims higher revenues than DL, but has 1/100th of the web traffic!

What could CEU's explanation possibly be? That they generate the majority of their revenues from the brick-and-morter school? But the school is empty! Just a mess.

The stock didn't rally today for a reason. I think the balance of evidence supports the possibility of fraud--in this case, massive fraud.

Geez. This space is getting ridiculous.
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