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Sutor Technology Group Limited Message Board

  • solarsoulmate solarsoulmate Aug 21, 2013 2:57 PM Flag

    All Charts

    point to this thing breaking out big time. Any kind of volume takes this to $4.00 easy as pie.

    SSM

    Sentiment: Strong Buy

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    • You think this gets an 8 or 9 FPE?? China micro spec??
      I don't see this rallying into the 3s this year unless earnings and guidance both surprise big time

      • 3 Replies to petekook
      • Yes I do. Many Chinese stocks deserve way better FPE than they have now. At some point, they will get them. If the US markets continue to cool off as we have seen in August, investors will most definitely invest in overseas markets such as Europe, South America and Asian stocks. Its already begun. Chinese stocks were in big favor in 2006 and 2007. Not sure why u dont think that would have again. History always repeats itself.

        As for SUTR, the Chinese steel industry has been doing quite well this year and looks to do better moving forward. Look at the jump in demand which was recently documented in China. SUTR will benefit. IMHO

        SSM

        Sentiment: Strong Buy

      • U must have bad vision. If u look at the chart from February 2013, the PPS went from $1.00 to $2.40 within one month. The same % move is about to happen again. The only difference is its going to start from a $1.80 base instead of a $1.00 base. The chart is setting up exactly the same way as it did in February with the 20dma crossing above the 50dma, the Sar line below the PPS and very tight, strong consolidation period and B. bands tightening and forming a tunnel. With even ok earnings this thing will pop. With good earnings it will double I assure u. IMHO

        SSM

        Sentiment: Strong Buy

      • Yes, I see it doubling from its current PPS or even in the $4.00 range. I would expect good earnings and good guidance as well. IMHO

        Sentiment: Strong Buy

 
SUTR
0.74+0.03(+4.21%)Sep 19 3:16 PMEDT

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