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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Trader2015 who wrote (55340)5/22/2015 9:57:05 PM
From: MCsweet  Read Replies (1) | Respond to of 78742
 
Gulf Resources GURE -- not for me. I and this board (believe it or not!) have been acquainted with this for years (there was a a ticker change from GFRE maybe?).

PE of 5ish and book value of 8 and the stock is at 2.49. Too good to be true territory.

IMO, if they were legit, they'd be buying back stock hand over foot. The fact that they aren't demonstrates that they are either a scam or totally incompetent stewards of shareholder value.

MC