NED now at $7.9 after good earn, buy or now? Like EDU at $20
Outlook for Fiscal Second Quarter 2008
Noah expects its total net revenues of fiscal year 2008 (July 1, 2007 to June 30, 2008) to be in the range of RMB720 million (US$96 million) to RMB730 million (US$97 million), representing year-over-year growth in the range of 30% to 32%, respectively. This forecast reflects Noah's current and preliminary view, which is subject to change.
once the sellers are done (funds who probably bought at ipo and are just liquidating their entire position w/o caring how far they smack it down as long as they have 0 shares at the end of the day), this hidden jewel NED will rise back to $12 by end of the year