Feihe International, Inc. (NYSE:ADY)
CAPS Rating:
The Company through its wholly owned subsidiary Feihe Dairy, produces and distributes milk powder, soybean milk powder, and related dairy products in China.
The Company through its wholly owned subsidiary Feihe Dairy, produces and distributes milk powder, soybean milk powder, and related dairy products in China.
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Chairman purchased 47890 shares ($1,000,000) @ 20.79 earlier this month. http://www.gurufocus.com/InsiderBuy.php?position=&insider=YOU-BIN+LENG
What news prompted the sudden 50+% rise in pps since August 52 week low? I don't see anything significant... maybe this is a good general sign for small-micro chinese caps that have been beaten unmercifully by the market this year?