Negative Reports Circulating About Chinacast Education (CAST)

@Zerohedge tweeted today that there allegations of fraud against Chinacast Education

. Chatter is circulating that management is attempting to supress investigative research into the company. Rumors also are circulating that OLP Global Research is accusing the company of fradulent activity. Rumors are unconfirmed at this time, although Chinacast Education stock is currently trading over 6% lower than yesterday's close on heavy volume. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.