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Shengkai Innovations, Inc. (VALV) Message Board

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  • centurycom centurycom Sep 20, 2011 9:33 AM Flag

    TRIPLE capacity from 7,500 to 24,000

    Thanks for that explaination. It makes much more sense to me now.

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    • You may also want to consider, the underlying cause of the business disruption the PR alludes to could be the utility customers learning VALV was considering price increases that would effectively cut them out. In response to what the utilities may view as a breach of faith, i.e. VALV had a long term commitment to continue supplying them at the old prices, some of the utilities have cancel orders, refused to buy, etc. This would the real source of the business disruption, although the word might have been circulated by 'investors' doing OTG DD and competitors.

      My sense is that this is the reason for near term short falls as opposed to the generic "its a scam" and the distruption is proof thinking which is so prevalent.

      So its a buying opportunity, but how low will it go? The company has not scheduled its EOY conference call though the 10-K is due the 28th. This couild be the catalyst for a rally.

 
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