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New Oriental Education & Technology Group Inc. (EDU)

NYSE - NYSE Delayed Price. Currency in USD
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170.53-1.35 (-0.79%)
At close: 4:00PM EDT
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  • H
    Chinese students are far more advanced than students in other country partly due to so many Chinese education companies raises investments from the U.S.

    I sold EDU stocks and bought some U.S. education stocks.
  • m
    Great results
  • F
    First L
    Actually The US government is banning students from China and online education is going down in China because there is no more COVID cases and schools reopened. Don’t follow the new high. You will get stuck
  • Y
    Yahoo Finance Insights
    New Oriental Education reached an all time high at 175.69
  • Y
    Yahoo Finance Insights
    New Oriental Education reached an all time high at 169.79
  • Y
    Yahoo Finance Insights
    New Oriental Education reached an all time high at 158.79
  • d
    I started following "lionstock-aletrs” (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • Y
    Yahoo Finance Insights
    New Oriental Education reached an all time high at 166.42
  • R
    $GAXY conversation
    $GAXY is signing 1,000,000 contracts for school education 🚀

  • R
    What is going on(down)?
  • B
    Basking Ridge Doc
    Wow, 14% up as soon as the market opens. Was the earning that good? Not sure.
  • Y
    Yahoo Finance Insights
    New Oriental Education reached an all time high at 154.56
  • B
    International student admissions will drop in the US due to coronavirus. That will negatively impact the demand for TOEFL test preparations, etc., offered by EDU.
  • G
    This seems like a gross overreaction to Chinese regulations on the for profit education industry. New Oriental is a leader in the space and has the wherewithal to endure. I am not too concerned even with a cost basis at $97. While I wish the money went into something else, I plan on sticking it out for the long term. The underlying story just makes sense of many Chinese kids wanting to study for a brighter future. New Oriental is always battling with TAL as the market cap leader.
  • B
    US senate has passed a bill to restrict Chinese companies' listing on US stock market, requiring stricter disclosures (which many Chinese companies, like EDU, would not be able to provide).
  • D
    EDU vs TAL

    Which one is more trustworthy?
  • J
    How can it be immune to virus? With a massive army of teachers and buildings. Are registrations for next quarter occurring. The company is being silent. Are current teachers still being paid?
  • T
    It will test $90 soon due to weaker Q2 result from weaker USD against RMB.
  • m
    Earnings beat
  • R
    $GSX conversation
    Some quick facts to help you decide your investment in $GSX:

    1. Last week we have seen lots of manipulation in the stock price. MarketCap management/manipulation is a long time tradition in China Market now this comes to US. So don't expect this will come down anytime soon, unless there is some catalyst. ( @SEC) Also, the large amount of short float makes any manipulation fairly easy.

    2. Board members of $GSX, at the same time, serve on the board of $TIGR, which is the broker forced users to cover their short positions last week. $TIGR also work closely with $IBKR. Also, one of the board member is the CFO of $BILI.

    3. One of the firms invested in their Pre-IPO round, Gaorong Capital, also invested in PDD and HUYA.

    4. Larry Xiangdong Chen is a billionaire, ex-EDU member, left $EDU cuz had conflicts with the founder of $EDU, Minhong Yu, who is well-respected in China. He also once served on the board of $PUXIN.

    5. A random user on Twitter claiming "I will push GSX to $100", "Dont forget it's me who squeezed your short position" is actually Yongqiang Qian, Billionaire, Ex-$EDU, Ex-$DATE, a close friend of Larry Chen. He actually owns a hedge fund in Singapore, called QQQ capital.

    6. Larry has the trust of CCP.

    7. Those ppl, along with those PE giants behind them, are a gang. Also Smart, and Extremely Wealthy.

    Personally I think this is 100% fraud and I feel shameful for them. I know China's online education scene very well and GSX is Mr.Nobody. The big players are $TAL and $EDU. However, with the amount of $$$$ behind GSX, the squeeze will also be painful, so choose wisely, hedge your shorts, good luck with trade.