LPIH.OB: Longwei Petroleum Investment Holding Limited Instablogs

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Friday, January 4, 9:37 AM Longwei Petroleum (LPH) responds to fraud allegations which sent shares plunging 73% yesterday before a trading halt; LPH says the report contains "numerous errors of facts, misleading speculations and malicious interpretations of events," and will release additional information concerning the allegations "in due course." Trading still halted. 5 Comments [Energy]
Thursday, January 3, 12:45 PM Midday top 10 gainers: SPWR +38%. VISN +30%. MDCI +20%. FORD +20%. BGMD +19%. TSL +19%. CRDC +19%. FOLD +19%. TELK +18%. JASO +16%.
Midday top 10 Losers: LPH -73%. ALLT -23%. MLNX -14%. FDO -12%. AMPL -12%. TRIT -11%. PKT -10%. SSI -9%. LODE -9%. HPJ -9%. 1 Comment [On the Move]
Thursday, January 3, 10:27 AM The plunge in shares of Longwei Petroleum (LPH -55.2%) is attributed to a negative article from Geoinvesting.com, which writes that "the company's purported business operations are massively overstated and a brazen fraud, on an order of magnitude unmatched before by any China-based companies we have seen." 6 Comments [Energy, On the Move]
Wednesday, January 2, 12:18 PM Longwei Petroleum (LPH +11.8%) raises its FY 2013 guidance to $667M from an earlier $646M and projects net income to grow ~23% Y/Y to $80M vs. a prior $77.6M forecast, driven by the better-than-expected ramp-up of the new Huajie facility. LPH now expects Huajie revenue contribution of $121M, up 21% from the prior forecast of $100M. 1 Comment [Energy, On the Move]
Monday, December 3, 2012, 2:25 PM Longwei Petroleum (LPH +14.2%) hits a 52-week high after announcing the expiration of more than 10.6M warrants associated with its Oct. 29 private placement financing. LPH now has no warrants or stock options outstanding in its capital structure. LPH also projects FY 2013 revenue growth of ~26% Y/Y to $646M and net income growth of ~24% Y/Y to $77M. Comment! [Energy, On the Move]
Monday, December 3, 2012, 12:45 PM Midday top 10 gainers: SQNS +32%. CLNT +26%. THTI +24%. RCON +16%. SGOC +15%. CYCC +14%. LTBR +13%. AXR +13%. ZAZA +13%. LPH +12%.
Midday top 10 Losers: TSRI -32%. AOL -14%. SEM -12%. GMED -10%. BCRX -10%. IMRS -9%. SARA -9%. DCTH -9%. DAIO -9%. RATE -9%. Comment! [On the Move]
Thursday, November 15, 2012, 9:57 AM Longwei Petroleum (LPH +1.9%) signs sales agreements with seven major customers for its Huajie storage facility in China, bringing the total since operations began in early October to 16 new customers. LPH says it has 46 major customers at its Taiyuan and Gujiao facilities. Comment! [Energy, On the Move]
Thursday, November 15, 2012, 9:10 AM Premarket gainers: BXG +68%. ACRX +31%. DANG +14%. NTAP +12%. ELOQ +12%. AMRN +7%. LPH +7%.
Losers: VELT -27%. DMND -23%. APPY -17%. TDG -6%. AKS -5%. DRYS -5%. VGR -5%. NGLS -5%. Comment! [On the Move]
Monday, November 12, 2012, 5:45 PM After-hours top gainers, as of 5:15 p.m.: SNTA +19.8%. IQNT +18.7%. LPH +10.2%. TSPT +8.9%. CSOD +8.1%.
After-hours top losers: INFI -8.6%. SCLN -5.5%. EVER -4.4%. GME -4.1%. MWE -3.7%. Comment! [On the Move]
Tuesday, October 16, 2012, 3:14 PM Longwei Petroleum (LPH +6.2%) spikes to a new 52-week high after the company says it's commenced operations at its Huajie fuel storage depot in northern Shanxi Province. The company received its first shipment of petroleum to the new Huajie facility last week and began selling to customers on October 11. 2 Comments [Global & FX, Commodities, On the Move]
Monday, September 24, 2012, 12:45 PM Midday top 10 gainers: LMLP +82%. LPH +28%. BCOM +20%. RMBS +20%. SKBI +19%. VII +18%. AUDC +17%. CHOP +16%. COGO +15%. RMKR +13%.
Top 10 Losers: PPHM -77%. QCOR -33%. DLGC -15%. PAMT -12%. BIOF -11%. DHRM -11%. VECO -11%. CCM -10%. SRI -10%. BONA -10%. Comment! [On the Move]
Monday, September 24, 2012, 9:29 AM Longwei Petroleum (LPH) +36.3% premarket on news it will complete the purchase of the assets of Huajie Petroleum, a fuel storage depot in China's Shanxi province with a 100K metric ton storage capacity, by the end of this month. LPH will acquire Huajie for a total purchase price of RMB 700M ($110.6M). 1 Comment [Energy, On the Move]
Monday, September 24, 2012, 9:10 AM Premarket gainers: LPH +39%. RMBS +13%. TIVO +10%. STSI +10%. HEB +8%. CPRX +6%.
Losers: PPHM -85%. QCOR -28%. GTAT -8%. FB -6%. AKS -5%. 1 Comment [On the Move]
Tuesday, January 11, 2011, 9:05 AM Premarket gainers: SHLD +9%. APOL +8%. AMRN +8%. EMKR +7%. LEN +7%. TGB +7%. LPH +7%. CDE +7%. HILL +6%. NBG +6%. NUVA +5%. BQI +5%. BCS +5%. AIXG +5%. ASX +5%. VRTX +5%.
Losers: TLB -22%. SVU -10%. JOE -7%. AMD -4%. Comment!
Tuesday, December 14, 2010, 9:00 AM Premarket gainers: GXDX +17%. AMGN +4%. BP +4%.
Losers: LCI -13%. BBY -13%. LPH -12%. ICO -11%. LXRX -10%. YMI -8%. AHT -6%. OXPS -5%. VECO -5%. REE -5%. WPZ -4%. Comment!
Tuesday, November 16, 2010, 9:00 AM Premarket gainers: DKS +7%. URBN +5%.
Losers: PWRD -14%. RGS -11%. LPH -9%. NNA -7%. AIB -6%. TRID -4%. Comment!

LPIH.OB Longwei Petroleum Investment Holding Limited

LPIH.OB

Longwei Petroleum Investment Holding Limited