What's in Store for Fuqi International on March 28?

Rougemont submits:
Fuqi International, Inc. (FUQI) is a jewelry retailer based in China that once seemed to have everything going for it. The shares of FUQI used to trade for over $30, but about one year ago, the company issued a press release declaring that it would need to restate earnings. At first, it looked like this would be a mere speed bump. Many expected that the company would file restated earnings as soon as possible, however, those restatements have not been filed. For the past several months, the stock has been racking up devastating losses for many shareholders.
The jewelry business appears to be very healthy in China. Other companies like LJ International, Inc. (JADE) have been reporting solid sales and profits. The fact that FUQI seems to be in a booming industry makes it even harder to understand why the company is unable, or perhaps unwilling, to report financials.
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