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Longhai Steel Inc. Message Board

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  • eagle.legal18 Jul 26, 2012 10:15 AM Flag

    It is selling for $1.12 ..........

    This looks very strange. Look at SGZH, same thing but it's clearly a fake company. Tons of equity but market cap is very low. Not sure what to think about this one. I don't like to see tons of related party transactions inside a Chinese company traded on an American exchange. NEP had those facts and look at what happened there.

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