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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (1414)4/14/2009 6:15:33 PM
From: Elroy  Read Replies (1) | Respond to of 1931
 
I think their March Q report will be very good, and should push it higher. You never know with them, but they have a good chance for another pop after earnings are released. It's no longer really a cash play, however ($3.39 in net cash and $7 share price).

I bought a bunch below $4 about when I posted, so I can't complain. If it gets to $34 (dream on!) I'll have made back all the money I lost in Sep-Oct last year. I'm holding it until next March, so am hoping for "China stock" rally, along with good numbers out of them.