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SmartHeat Inc. Message Board

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  • connor.jin connor.jin Dec 2, 2010 8:14 AM Flag

    Heat = Diluting machine!

    Good try, shorts. Your number before Year 2007 really does not matter before it was listed on NASDAQ.

    Meanwhile, check the P/E ratio and PEG of the company. It is insane to have a company with P/E=5 or 6 while it is growing at +30% or more yearly.

    And, why is it increasing the number of shares? It is a growth story! They are expanding their production and sales. They have nation-wide sale/service network, and need to expand their business to West China with hubs in Chongqing and Xi'an.

    Bottomline: Bayclay's took the over-allotment at $5.00. They are not fools.

    Good luck shorting this stock.

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