This post was just published on ZYX Short Change Alert. EDU is short from about $47. Profits have been taken on one-half of the position around $38.13. Now more information is available on fraud allegations. Fraud, even if true, will affect less than 10% of their business. For this reason we consider booking
This post was just published on ZYX Short Change Alert. EDU has fallen about $9 to $38.13 as of this writing. The stock is very volatile and the price may be very different by the time you get this post. Consider taking profits on one-half of the position right here and move
This post was just published on ZYX Short Change Alert. EDU is a Chinese company that teaches English to Chinese. There are rumors of fraud and government investigation. Often such rumors amount to nothing. For this reason there is high risk in this position and it is important to keep quantities small.