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Fushi Copperweld, Inc. Message Board

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  • lner2512 lner2512 Apr 11, 2009 1:30 AM Flag

    Is FSIN worth it?

    This stock is either a real sleeper or a real dog. Copper is up, the Chinese economy is up (according to the Chinese), the world economy is so low the only direction should be up--some day.

    FSIN's P/E is down around your ankles, even if you ignore the growth, it has a strong balance sheet and very close connections with the Chinese government, I understand. The Dalian facility is under capacity, there should be demand growth in China.

    The fundamentals are there, the stock is just sucking wind. In this kind of market, it could explode tomorrow, or the 12th of Never. I'm betting on tomorrow, or maybe the next day. I do think the move will be explosive if and when it happens.

 

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