Just noticed that GURE get an upgrade on Monday from Navellier Ratings to Strong Buy
Rating: Strong Buy Volatility: Moderate
Total Grade: A Industry: Chemicals
notice, we have a big move on 10/16 after the quarter closed on 9/30, this is similar to that move since quarter (12/30) number now know to the insiders
looks like high volume is returning on the first trading day of 2014. With Bromine and Crude salt both up more than 10% in last two months, we are on the way to have a great 2014.
Look at the historical chart of GURE, looks like there were two time the price went up from less than $5 to above $10 from Aug, 2007 to about Feb of 2008, then from Aug, 2009, to Mar, 2010, both time the Bromine price went up a lot during these two periods.
the Bromine inventory is really low in China, with import tax increased on Bromine, the shortage is going to be here for at least 2014.
concentrate on earnings and do not worry about this already settled case, just minor details. With the Bromine and crude salt price went up in Nov, we will have a good quarter coming up, the cash per share will be at least 3.75.
investors in the US does not understand the high margin GURE can achieve when Bromine and crude salt price is higher, remember the Bromine price was above 30,000 (RMB) back in 2010. Remember the cost of produce 1 ton of Bromine is about 9000 (RMB). If they are sailing it over 20000 (RMB), They are making over 11000/ton.
The beautiful fact is that the cost of producing 1 ton is only about 9000 (RMB). what a great bigness to be in