China Growth Stocks

[researcher59]

CEU - I think the company will come up with a range of excuses in next week's conf call. Probably it would be easiest for them to acknowledge errors in their 10K descriptions .... and say that the "training center" is being refurbished and is not currently in use and represents only a small part of their revenue stream. Their past earnings conf calls have already contradicted the 10K in this regard anyway.

Whatever excuses they come up with, they will have lost a lot of credibility. It will be interesting to hear what they have to say and how investors react.