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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Paul Senior who wrote (1348)6/16/2010 12:36:03 PM
From: Jibacoa  Read Replies (2) of 1404
 
Well, it seems that FUQI is trying to get back to the $10 level.<g>

bigcharts.marketwatch.com

It has been helped by some positive comments from the Motley Fool in the last few weeks.

Volume today remains low about 1/3 its ADV.
The stock still has some way to go before it can close its March 17 DG. <g>

bigcharts.marketwatch.com

The ACTAY is $10
Although FUQI has continued to report much better revenues and earnings and the EE for the current Yr. is around $2.06 vs. $1.32 in 2008
For the fiscal 2010 the EE are down to $1.57
That would still give FUQI a low PE. But its PEG is suffering.<g>

However, the insiders still control the majority of the stock.
And FUQI has negligible LTD and a good +CF

If the stock can get off from the present DT and with a better general market environment, it seems it could get back to the $15 level.<g>

bigcharts.marketwatch.com

Bernard
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