Chinese Stocks Fighting Back (LAS, UTSI, BONA)
For the third time this year, the People’s Bank of China Raised Interest Rates
New Symbol for Chinese Stock, Same Story: (GURE, CNR, THTI)
Gulf Resources is fighting back with a new symbol and share buy back program
Argan, Inc. (NYSE:AGX) Skyrockets on Results, Gilead Sciences, Inc. (Nasdaq:GILD) Gets FDA Green Light for $1,000-a-day Hepatitis C Pill
Argan, Inc. (NYSE:AGX) Shares of AGX skyrocketed $3.78 (or +17.69%) to $25.15, with a total volume of 513,070 shares traded on Friday’s market activity For the third quarter ended October 31, 2013, AGX posted consolidated EBITDA from continuing operations of $20.8 million, compared to $9.6 million in the same period the prior year, and net income attributable to AGX’s stockholders of $11.9 million, or $0.83 per diluted share based on 14,365,000 diluted shares outstanding,
Take Over Profits with Mean Reversion Trading (IBCP, SYMX, FFHL)
After big gains or losses, stocks generally return to the average, or mean, price: traders can profit from this.
ACTS, VIMC and SGOC: Chinese Semiconductor Stocks That IPO’d Rather Than Listed Via a Reverse Merger
Chinese semiconductor stocks ACTS, VIMC and SGOC all look strong as they are cash rich and all debuted via an IPO rather than a reverse merger but nothing can ever be certain with Chinese stocks!
PFIE, GGRI and ECPN Have News But Do They Have Viability?
PFIE shows that real news about strong revenues and profits can send an OTC stock soaring while GGRI and ECPN have yet to live up to the title the press release about them.