Acorn International, Inc. (NYSE:ATV)

CAPS Rating: 2 out of 5

An integrated multi-platform marketing company in China, which develops, promotes and sells consumer products and services.


Player Avatar 20PercentPM (< 20) Submitted: 10/2/2009 9:22:33 AM : Outperform Start Price: $4.47 ATV Score: +5.57

This company is rapidly becoming like the Home Shopping Network of China. Over 1,300,000,000 potential customers. Company sales rebounded in the first half of this year as the Chinese government helped the economy with their massive stimulus plan. Price to Book 0.55. Stock price broke through the $4.90 resistance level yesterday. I think it’s headed higher.

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