Monday, December 11, 2006
China Education Alliance (CEDA) combined links
Right now, this is a small investment. The CEO is the controlling shareholder, which makes me nervous. Also, much of the business is fairly new.
sec, chart, website (in Chinese)
2004 10-K (old post)
other SEC filings
looking at New Oriental Education (EDU), Dec 16, 2006
press releases, Jan 8, 2007
2006 10K with gigantic SG&A increase, April 10, 2007
Q1 2007, May 19, 2007
Q2 2007, August 14, 2007
sold about half, Oct 11, 2007
interesting Harbin satellite photo from NASA
the amazing Harbin snow and ice festival
I read your stuff and it is very thoughtful. Do you actually ever make any money investing? I have monitored your trades and you just seem to never make any money.
If it weren't for CXTI and Strathmore, my results for the last 2 years would be lousy.
Thanks again for another comprehensive analysis and interesting idea. Have you looked into the warrants to see if they are trading? I haven't been able to track them down.
Anyhow, I'm thinking warrants may be better than holding the stock, as this looks like a binary play (its a scam and its worth nothing, or its real and growing and will be worth several times what it is now). Seems like a better risk/reward than the common. Anyhow, curious to hear your thoughts.