SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gushan Environmental Energy Limited (GU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Torah Wolfe who wrote (8)3/30/2008 9:01:16 AM
From: Rock_nj  Read Replies (2) of 26
 
VISN has a high P/E: 107.29, according to Yahoo; P/E: 283.67 according to Google. You could probably pick it up cheaper on a pullback.

GU ran pretty hard last week. Not easy to say where it goes from here? It could fall back and consolidate or could run into the $20s quickly. Once a stock is discovered by The Street, sometimes it never looks back, especially if the earnings prospects are good like with GU. The word spreads on The Street, and the stock starts trading on fundementals. It appeared to me, based on the trading activitity in GU on Friday, that a large buyer was bidding up the price all day. Notice the large buy at the end of the day. That's a sign that a large buyer wanted to complete their purchase and brought a block at the end of the day.

I came across an interesting China play this weekend, China Direct (CDS). A Florida based company that owns interest in a number of Chinese companies and helps Chinese companies enter the U.S. markets. CDS is like owning a China mutal fund. Still early, hasn't run too much, and is profitable. Earnings after the bell on Monday. I hope to pick it up around $6 if it doesn't take off.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext