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China Gerui Advanced Materials Group Ltd. Message Board

  • bostonunctarheel1981 bostonunctarheel1981 Feb 6, 2013 3:05 AM Flag

    Temp is a short

    Hey temp, go away, nobody needs you around. Did HOGS or FSIN or BAIDU suffer from being Chinese? Maybe a bit, but they traded at multiples better than 2-3X PE. You are a broken, schizophrenic record. In my estimation, you are a short. Good job bruh, Go drink a Nattie Light with Charlie Brown loser.

    Sentiment: Strong Buy

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    • Boston,

      Anyway, more to your examples: HOGS and FSIN suffered similarly until buyout offers were made (and even then FSIN suffered mightily). And bringing up BAIDU is ridiculous.

      The point of all of my posts has been to provide reference points for realistic expectations. If the facts were to be displayed, you would find that I have (to their disgruntlement) put many people (insitutional types) into CHOP and am keeping them there to the extent possible. I have a "buy" recommendation out there. It has been a very long haul and a learning process for all involved. Part of that learning was to watch what happened when a good company (CHOP) got caught in the cyclone of a complete exvacuation of the China small-cap sector by professional institutional investors. Been to a Rodman & Renshaw or Brean Murray China Conference lately? Whole brokerage departments are gone. Of course, you have noticed Morningstar's dissappearance.

      Now, somehow this will be all my fault or this is the evil whose name shall not be spoken.

      However, the China market sentiment for small caps simply is what it is. And, as Bloomberg said yesterday:

      "Domestic and overseas Chinese share sales slumped 46 percent to $59 billion last year, according to data compiled by Bloomberg. China’s domestic IPO market has slowed as regulators delayed reviewing new offerings. The number of listings fell to 79 last year, compared with a record 337 in 2010, the data show"

      Now, no amount of pumping and hoorah is going to change the above facts which are the true indicators of market sentiment. And, it is that market sentiment which is holding CHOP back, not CHOP's fundamentals, which are great.

      What you can do to move the stock upward is to find buyers to match the natural sellers. Make sure no one expects a quick "pop" here or you will do as much damage as any short-seller. For people to hold CHOP for the right reasons and for the long haul, then they must have the facts and have realistic expectations.

      CHOP is a keeper and will prove, over time, to be a great investment. However, there is a lot to overcome between here and there.

      Go find buyers. We will all rejoice in that.

    • Oh, how I long for the days when I was accused of being a paid shill for the company.

      Sentiment: Buy

 
CHOP
0.9001-0.1799(-16.66%)Apr 17 4:00 PMEDT

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