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fingers crossed
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value stock
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false accountancy, as discovered by citron's research, and should follow Longtop, China Agritech, .... and other chinese companies.
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Tracking portfolio for China based companies that gained listings on US exchanges (Nasdaq, NYSE, or Amex) after conducting reverse mergers. Stocks that have been delisted have been omitted. Start date: Jun 24, average P/E of these companies: 3.
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DEER looks like a ticking time bomb that could explode in the right direction. Big upside
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Low P/E with Movement Potential
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This is a tracking portfolio of all CAPS-ratable tickers in the Chinese RTO/SPAC space (i.e., companies that listed without filing an IPO).
Deer Consumer Products, Inc. went public via a reverse merger in 2008. The company is based in China.
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Value Stocks Screen Multiple Ratios
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Whacked bigtime, but this is a long term story for me. Looks like support level near $8. Officer recently piled on over $2 million worth of shares. Way oversold
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It is a solid stock with all the correct fundamentals
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DEER (NASDAQ:FRAUD) - Enough Said
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Deer Consumer Products has a lot going for them. The small appliance market has doubled in the last 5 years and is projected to continue this up trend. This is being fueled by the speed at which the Chinese middle class is expanding. With the average Chinese household owning a mere 5 home appliances, there is plenty of room for growth. How many kitchen appliances do you have in your house? Without looking I'd guess we have about 15-20. Heck we have two coffee grinders, why, I'm not sure, but we do because every household loves their kitchen gadgets!
I've personally owned this stock since approx. 3 months before it hit the nasdaq. I sold shortly after the 2:1 split taking a tidy profit and thinking the stock went up too fast. After reevaluating the company's position I have recently repurchased shares in 2010, and intend to purchase more this month. I intend to sit on them for at least 5 years, and wouldn't be surprised to see a multi bagger in the making.
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Real money in all my rated stocks.
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Holler: 56% insider ownership, 159% sales growth, 206% EPS growth
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