China Growth Stocks

[tenenbaum]

CVVT - Piper note out this morning:

"CVVT shares fell 20% yesterday after a publicly available "short
report" on the website http://citronresearch.com leveled a number of
accusations at the company, effectively implying that CVVT's managers
have been over-paying for acquisitions and lining their own pockets
with shareholders' cash (among other things). Make no mistake: CVVT
has a long way to go before it can be considered a well-run public
company. However, after visiting one of the company's acquired
facilities last week and speaking with management today, we believe
there is a level-headed explanation for each of the issues raised by
the report. We are reiterating our OW rating. Our $13 price target is
based on 8x our 2011E EPS estimate of $1.63."