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| Discussions for Sorl Auto Parts, Inc. | View all discussions |
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| bought it one a whim.. | ||
| All 5 messages in discussion - | ||
From: joft...@gmail.com
Date: Thu, 27 Mar 2008 11:20:37 -0700 (PDT)
Local: Thurs, Mar 27 2008 2:20 pm
Subject: bought it one a whim..
I usually research things more, but this time, my gut feeling (which
could've also been gas) was too strong. I just bought it at 5.10. Please reassure me and tell me that i'm not an idiot. I just checked the fundamentals, and they seem strong. Is there something that I don't know? Why is it even 5-6% down today? You must Sign in before you can post messages.
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From: ilan.moscov...@gmail.com
Date: Thu, 27 Mar 2008 14:56:47 -0700 (PDT)
Local: Thurs, Mar 27 2008 5:56 pm
Subject: Re: bought it one a whim..
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From: jeremyrvst...@gmail.com
Date: Fri, 28 Mar 2008 14:08:16 -0700 (PDT)
Local: Fri, Mar 28 2008 5:08 pm
Subject: Re: bought it one a whim..
I've owned this stock for a year bought at 7, it went to 8ish, now in
the 5's. The fundmentals look great every quarter. I hope this stock is ready for a run. Just bought more at the 4.80 level. I'm long term and think this should be back to the 7's in a matter of time. Their position in the Chinese large truck market and their deals with Indian companies, I hope position the stock for a nice run up. You must Sign in before you can post messages.
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From: joft...@gmail.com
Date: Sun, 30 Mar 2008 14:50:20 -0700 (PDT)
Local: Sun, Mar 30 2008 5:50 pm
Subject: Re: bought it one a whim..
I hope so too. I just realized that when I was in india a few months
ago, I noticed that there were about 20X more trucks (compared to when I was there 4 years ago). A lot of those trucks had chinese writing on them too. You must Sign in before you can post messages.
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From: Nainar...@gmail.com
Date: Sat, 29 Mar 2008 11:07:19 -0700 (PDT)
Local: Sat, Mar 29 2008 2:07 pm
Subject: Re: bought it one a whim..
Relative to the substantial growth in revenue and income over the last
quarter (and year), eps for SORL has only risen by a pittance. As noted by the management in their conference call, this is mainly due to the dilution effect of their quiet secondary offering of 4.9 million shares (26% ! ) I would speculate that many investors are eyeing this company warily after pulling such a fast one on their shareholders. With the American and global economy slowing, it also remains a question whether such rapid revenue growth is sustainable in the short or medium term future. You must Sign in before you can post messages.
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