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WONDER AUTO TECH AŞ Message Board

  • Jedd271 Jedd271 May 14, 2009 9:26 PM Flag

    Roth defending WATG today

    Roth out defending WATG:

    Wonder Auto stock decline not justified, says Roth Capital. Roth Capital believes a 16% drop in Wonder Auto's stock yesterday was related to disappointing results from a peer company. However, the firm encourages investors to buy Wonder Auto on weakness, as it notes that the peer company sells parts for commercial vehicles, while Wonder serves China's small car segment which has benefited much more from the stimulus there.

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