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Enter Symbol:

down 99.94 %

CHINACAST EDUCATION (CAST) rated Buy with price target $12 by Wunderlich

Posted on: Wednesday,  Sep 7, 2011  8:25 AM ET by Wunderlich

Wunderlich rated Buy CHINACAST EDUCATION (OTCBB: CAST) on 09/07/2011, when the stock price was $4.60. Since
then, CHINACAST EDUCATION has lost 99.94% as of 05/21/2015's recent price of $0.00.
If you would have followed this Wunderlich's recommendation on CAST, you would have lost 99.94% of your investment in 1352 days.

ChinaCast Education Corporation (CEC) is an e-learning and training services provider in the Peoples Republic of China. The Company provides e-learning education services via its nationwide satellite broadband network and traditional bricks and mortar schools to post-secondary educational institutions, K-12 schools, government agencies and corporate enterprises. These services include interactive distance learning applications, multimedia education content delivery, vocational/career training courses and English language training through its Daily English Language training centers. The Company operates in two business segments: the E-learning and training service group (ELG) and the Traditional University Group (TUG), offering bachelor and diploma programs to students in China. On April 11, 2008, the Company completed the acquisition of 80% of Hai Lai Education Technology Limited (Hai Lai), which holds 100% of Foreign Trade Business College of Chongqing Normal University (FTBC).

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/7/2011 8:25 AM Buy
4.60 12.00
as of 12/30/2011
1 Week down  -0.48 %
1 Month up  23.38 %
3 Months up  65.85 %
1 YTD up  33.04 %

(*) Stock Price at the time of the recommendation.
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