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Good Dip To Buy BSPM?

|Includes:Biostar Pharmaceutic (BSPM)

Keep watching that stock for a while:

After dropping from $3 (secondary offering in Mar 2014) to $1.5,

Been stable for more than 2-3 months.

Earnings in Q1: sales are going up, also sales cost is going up,

which made the net income down a little bit.

Q2 earnings are expected better due to the expanded sales branch office, expected $400M more sales income this year.

Been Nasdaq since 2009-2010, seems stable company.

Do your dd work first before investing.

Disclosure: The author is long BSPM.

Stocks: BSPM