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IBDvalueinvestin (99.63)

Changed my opinion on RCON to Strong Buy after getting a copy of its earnings.



August 05, 2009 – Comments (1)

Recon Technology, Rapidly Growing Chinese Oilfield Automation Services Company, Announces Pricing of IPO at $6.00/share on July 30. Nine Months Ended 3/31/09 Revenue Up 25% to $9.1M. Net Income Up 57% to $1.9M or $0.83 EPS.


Too bad its not pickable, i could have had a 5 bagger.

1 Comments – Post Your Own

#1) On August 10, 2009 at 2:32 PM, pdt09 (47.05) wrote:

i actually picked some of this up for myself

 looking forward to some nice china gain


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