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Fushi Copperweld, Inc. Message Board

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  • kevin_f_1999 kevin_f_1999 Dec 5, 2011 3:55 PM Flag

    Two dollars here we come.

    I do have some that have a PE less than one like CBEH but most like CVVT and GURE have a PE around 2. I figure that is where this will go without a buyout offer. Would you seriously pay 7 dollars a share for it today knowing that there are hundreds of other very similar reverse merger stocks with PE's between one and two. I am not shorting it. I bought in way too high and I was praying the buyout went through just so I could get out of one of these chinese reverse mergers with a little dignity and move on to something real. Looks like I will have a very long wait.

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