ROSEVILLE, Calif., Dec. 3 /PRNewswire-Asia-FirstCall/ -- Dutton Associates initiates coverage of Universal Travel Group (OTC Bulletin Board: UTVG) with a Strong Speculative Buy rating and a price target of $3.36.

Dutton Associates initiates coverage of China Armco Metals (OTCBB:CNAM) with a Strong Speculative Buy rating and a price target of $6.48.

Dutton Associates John M. Dutton, 916-960-0623 Dutton Associates initiates coverage of China North East Petroleum (OTCBB: CNEH) with a Strong Speculative Buy rating and a price target of $4.35.

Dutton Associates initiates coverage of China North East Petroleum (OTCBB: CNEH) with a Strong Speculative Buy rating and a price target of $4.35.

Dutton Associates initiates coverage of China Technology Development (Nasdaq: CTDC) with a Strong Speculative Buy rating and a $6.80 price target. The 19-page report by Dutton senior analyst Paul J.