Momentum traders were all over SmartHeat (HEAT +46.3%) again today after shares spiked 91%...
Momentum traders were all over SmartHeat (HEAT +46.3%) again today after shares spiked 91% yesterday, even as Q4 results were dismal vs. 2010 due to "a very challenging sales environment." The move even spilled over to some rivals: THTI +80.5%, CLNT +157.8%. But it could end up ugly: "When the music stops, don't be the last one standing."
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