Fushi Copperweld, Inc. (NASDAQ:FSIN.DL)
CAPS Rating:
Blank check company seeking merger or acquisition
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Blank check company seeking merger or acquisition
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"Blank check company seeking merger or acquisition" - boy, that description from the Stocks page in Caps sums it up rather well. This is an easy short, and it's trading at the top of its 52-week high, just to add icing to the cake. The main dangers in calling an underperform is 1) a short squeeze, which could easily happen or 2) the aforementioned acquisition drives the price up. Otherwise: Sell!