More on China Crescent Enterprises

I first wrote about CCTR back on July 25th, 2009. The stock has more than doubled since then. I suspected that the company was too good to be true, but I didn't have time to really dig down and research. This post is a follow up. There will be more as I accumulate information.

Stockpreacher.com just released a "trading outlook" for CCTR.

http://stockpreacher.com/trading-outlook-for-china-crescent-enterprises-inc-cctr/#more-2433

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They are stock promoters. Sometimes stock promoters are pushing legitimate issues, sometimes they aren't. Stockpreacher.com is run by a guy named Paul A. Ebeling, Jr. I shall do some research to try and figure out if he ha owns any CCTR shares.

China Crescent might be a legitimate find, but the jury is still out.