New Oriental Education and Technology Group Inc EDU

Consumer Defensive Education & Training Services

New Oriental Education & Technology Group Inc. engages in the provision of private educational services under the New Oriental brand in the People’s Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Private Label Products and Livestreaming E-Commerce; Overseas Study Consulting Services; and Educational Materials and Distribution. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People’s Republic of China. It also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, the company offers online education services through the Koolearn.com platform. Further, it develops and edits educational materials for language training and test preparation. In addition, the ...

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New Oriental Education and Technology Group Inc

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Comment by Mooneymanon Aug 19, 2012 11:39am

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Post# 20235046

RE: hmmmmm...a month later

So here it is one month later and numerous law firms have been rounding up the shareholders to launch the lawsuits. Stock has clawed its way back to just under $14 after its initial drop to just under $10. Sept 21 is the deadline for lawsuits to start I believe. Looks to me that shareholders are stacking up on the EDU side but afraid to jump right in. This is truly a gamble but I think there is money to be made here. Guess we will know in a month.

Any thoughts?

Mooneyman

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