NFEC had a volume surge for a reason this one will pop over $4 or even $7 soon IMO
"The construction of our new manufacturing facility will be fully completed by the end of this year. The impact of moving will be also gradually declined. As a result, I believe that revenue will increase commensurate with the increase in production. In addition, the Company's annual meeting will be held in on December 20 in Tielin city, Liaoning province, PRC. As the chairman of the Company, I invite every shareholder who can to visit our new business park. We will try our best to increase our market share in order to provide a better return to our shareholders."
Nov 16, 2012 HOD $1.79 on 941,700 volume was for a reason and that was the above news. It's solid news and this one will have a real run coming very soon. 2.8 million float is low grab shares cheap while you can. As they say buy the calm before the storm.
June 19th 2012
April 26th 2012
April 5th 2012
June 15th 2011
Those pops made $3.37 and $4.82 per share so you can buy low and just hold.
This is about to move though on the turn around story and probably break higher as the company is opening a new facility. This is the time to buy watch this for the next 10 trading days for shure because the faster you get in the stronger hand you will be in ability to hold the swings on the way up over $3. My opinion is get in now to be sure.