Rodman & Renshaw Terminates Coverage on China North East Petroleum

According to Rodman & Renshaw, China North East Petroleum Holdings NEP coverage is terminated. Rodman & Renshaw said that effective immediately, it is terminating coverage of NEP to allocate resources more efficiently within its coverage universe. “Upon termination of coverage, any of our prior financial projections on NEP should not be considered reliable. NEP was last rated Market Perform. “ China North East Petroleum Holdings closed on Friday at $2.12.