I think it has potential to grow, but it does not look like the company has investor sentiment right now, even though the company has been releasing great news lately. I would look at this stock for the long term.
GALE up slightly this morning on positive news. Seems to be hovering right now around the $1.40 level. If it can break $1.45 be ready for the ride. Here is the news article about positive results from its cancer treatment....
This stock has a ton of volume right now on news that it is purchasing a stake in a prime Alluvial Diamond and Gold Mining Concessions in Sierra Leone. Stock already up for the day and will trend higher.
You may want to look into investing in an index fund. The MER's that mutual funds charge will eat away at your returns every year, and this is one reason that the majority of mutual funds underperform the market in the long run. That...
I’m a little late on announcing the highlights of China Linen’s past year, but here they are:
Increases in revenue from $49 million to $64 million! Increase of 30%!
Net Income increases from $9.5 million to $12.3...
I would keep it in your MFs. If you really want to start trading then start with just a little bit of money, or even use a practive account. Furthermore, as an investor you should not be worried about the day to day fluctuations of...
I'm not sure when I would sell DRV, but I would sell any stock when it becomes overvalued or when the companies fundamentals/financials change. Whenever I buy a stock I ask myself "If this was a private company, what would I sell it...
I think it is still a little early to make any decisions on this stock. While it may not have been a Ponzi the public still does not know the actual financial figures of the company. It would be impossible to say what the company is...
Third Quarter Financial Results
I just finished listening to China Linens conference call and going over their Q3 financial statements. Here are the results:
Revenues increased 15.2% to $16.2 million
Gross...
The company announced today that its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., has received two awards at the China National Textile and Apparel Council Press Conference held on October 19th. The two awards...