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New Oriental Education & Technology Group Inc. Message Board

  • xx2yy3zz4aa xx2yy3zz4aa Oct 13, 2012 12:20 PM Flag

    Kudos to EDU Management - I see a big jump on Monday.

    Was delighted to see the filing on Friday night. It looks as if there was no change in the audited numbers from the original July 17 press release. Management's decision to conduct an independent investigation, their response to the Muddy Waters propaganda, and their willingness to put their monies where they mouths were by making a $50 million personal investment, convinced me to hang in on this one. Sure glad I did. Also, credit to Trace Urdan at Wells Fargo and the Credit Suisse analyst for good insights. I hope MW was shorting madly on Friday since I think we will see a significant jump on Monday.

    Sentiment: Strong Buy

 
EDU
47.31-0.74(-1.54%)Sep 23 4:02 PMEDT