iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

Trying My Hand At Some CHINESE FUCKERY

Why the hell not? You people are plowing money like mules into some fictitious digital currency that tracks every second of your life through something called ‘the blockchain.’ Why the fuck can’t I try my hand at a little CHINESE FUCKERY?

With the proceeds from my austere investment in XIV, I shoveled shit into my bedroom and now sleep with ticker symbol BEDU.

I am in bed with Chinese schooling, Bright Schools to be exact.

The way I figure, the Chinese are pretty darn good at school. This company seems to be adequate in ripping people off — offering parents false hope. Look at some of their recent graduates. They’re going to good foreign university.

The chart screams ‘where’s the condom’? This fucker is exploding with joy, doubling since it IPOd a short while ago. This thing is going up like a fucking song.

It’s pretty thinly traded. I can invite a few friends and neighbors over to the house today and push this thing up a few dollars between a few of us if I wanted to. My bet is for MOAR fuckery, MOAR gains, illogically pursuing greatness in the form of Chinese schools.

Here’s the description.

As of February 28, 2017, the Company had six international schools, which focus on internationally-accredited curricula and offer extracurricular activities and programs; 11 bilingual schools, which provide government-mandated curricula and developing students’ English proficiency; and 34 bilingual kindergartens, including 11 that deliver international curricula. As of February 28, 2017, the Company operated 51 schools.

Near term, my price target is $30. My urinal shadows, however, they think it breaks to $50 by November.

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5 comments

  1. heckler

    I like YUMC until every Chinese is as fat and greasy as us Americans.

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  2. awanka

    Are you sure you didn’t mean BIDU, Mr. Fly?

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  3. metalleg

    Thoughts on EFX? Lawsuits abound and there should be criminal charges against some execs but not sure what you can collect if you can’t prove damages. Today looks like a short squeeze so maybe a good short entry point?

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  4. metalleg

    Just ran this by a girl in my department who happens to be Chinese…1st gen. She isn’t familiar with BEDU but did know of EDU (New Oriental) and said they had some scandal regarding student work but that didn’t seem to affect their stock price. She took a cursory glance at their website and checked some of the Chinese message boards and gave it a thumbs up. She will be checking with her friends back home for additional information. Will let you know.

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