The Long Case for Gushan Environmental Energy [View article]
Schrader Trader,
Wanted to know if you checked into the GU article mentioned by Cat. I followed the link, then Googled "translate webpage", copied the web address into the translator and the article was translated.
I did this process twice through a Yahoo and a Google translate page. The article reads differently with each one, which is interesting, but the jist of it is the same.
The article is a little hard to read, as the translation is not prefect, but it appears to suggest that the financials reported in GU's financial report are not correct and a front to gain more business. It also indicates that it is impossible for GU to purchase oil for 2390 yuan per ton, as the going rate is 5000 per ton.
I would be interested to know what you think about this. There are a few reliable stock websites that indicate GU is not only a buy, but set to spike, ie. Zacks.com, TheStreet.com and MotleyFool.com. Could it be that GU is not all that it appears to be and the news has not been entirely uncovered yet?
I am hoping not, as it seems like such a great valuation and opportunity!
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Schrader Trader,
Oct 30 16:01 pm
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All Comments by Davis »The Long Case for Gushan Environmental Energy [View article]
Wanted to know if you checked into the GU article mentioned by Cat. I followed the link, then Googled "translate webpage", copied the web address into the translator and the article was translated.
I did this process twice through a Yahoo and a Google translate page. The article reads differently with each one, which is interesting, but the jist of it is the same.
The article is a little hard to read, as the translation is not prefect, but it appears to suggest that the financials reported in GU's financial report are not correct and a front to gain more business. It also indicates that it is impossible for GU to purchase oil for 2390 yuan per ton, as the going rate is 5000 per ton.
Here is the link to the article. finance.sina.com.cn/g/...
I would be interested to know what you think about this. There are a few reliable stock websites that indicate GU is not only a buy, but set to spike, ie. Zacks.com, TheStreet.com and MotleyFool.com. Could it be that GU is not all that it appears to be and the news has not been entirely uncovered yet?
I am hoping not, as it seems like such a great valuation and opportunity!
Davis