Tuesday, August 10, 2010

Continued Good News from the Eastern (Far) Front

Post the positive earnings I commented on yesterday from CSKI and CMFO (which were both up nicely on an otherwise crummy day) I had solid earnings this evening from CEU and UTA. CEU is up 3% after hours. Then UTA is up 4% after hours.

Also, some very interesting news on NEWN (I forget to mention them yesterday in my listing of MFO-Chinese stocks). They were up sharply the last couple hours of the day, about 6%. I tried to figure out why they were up. I think they may have filed to be listed on the Amex (they are ob right now). If they do, that could cErtainly be a catalyst for the stock to move towards $10 (they are $6.80 right now)

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