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Gulf Resources, Inc. Message Board

  • mikedunn1999 mikedunn1999 Jan 2, 2013 6:05 AM Flag

    Why GURE will rise?

    Good morning,
    I think GURE will rise. Historically, on a monthly chart the stock is over sold. The company is
    profitable. A large precentage of the float is short. When the shorts cover the stock will rise.
    I bought some of the stock in December. China is the strongest economy in the world. FXI the China
    ETF if one of the best performing. I expect investors to buy the low priced China stocks when the high priced stuff is overbought. If the stock is less than 1.20 by January 31, I will get out.

    Sentiment: Strong Buy

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1.70-0.01(-0.58%)Aug 26 3:59 PMEDT