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SORL Auto Parts, Inc. Message Board

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  • sfruehling1 sfruehling1 Aug 6, 2012 9:03 PM Flag

    Legitimacy concerns?

    My biggest concerns about owning the company are 1) it is in China and difficult to understand how reliable and meaningful the limited information I have about it is and 2) if the price continues to decline, it might go private and get bought out for a few pennies per dollar of its $8.27/sh book value. I have been hit several times over the last few years from major dilutions and/or private buy-outs of “solid looking” companies that occurred way below their book value. That said, I still plan to hold SORL for awhile and hope for the best.

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