Gushan Environmental Energy (GU) is a BUY
28 January 2010; market open (The previous issue was broadcast on 1/22/10)
Preemptive Profit-Positioning: Gushan Environmental Energy (GU NYSE): $1.27 X $1.28 Last week, I officially added Gushan Environmental Energy (GU) to our watch-list of preemptive profit-positioning candidates. Our pending buy-signal on GU shares has now been confirmed at the current $1.28 range. China-based Gushan Environmental Energy (GU) is a company that could see a major near-term bounce in its share price -- GU is currently trading just above its 52-week low of $1.23 per share. The company is well positioned to capitalize on China’s expanding economy and the country’s imminent shift toward green technologies. Gushan is a leading producer of biodiesel in China -- the company currently has 7 production facilities with a combined annual production capacity of 450,000 tons. The company has a strong cash position of around US$86 million and the long-term outlook for China’s biodiesel market looks strong. In addition to a projected near-term bounce in its share-price, Gushan could eventually trade back above the $18 per share level as the company capitalizes on China’s medium and long-term development plans for clean energy sources such as biodiesel. I am announcing an immediate buy-signal on shares of Gushan Environmental Energy. The most recent GU price was approximately $1.28 per share. There is no protective sell-stop in place on this trade. This publication is based exclusively on information generally available to the public and does not contain any material, non-public information. Information is obtained from sources believed to be reliable, but the information cannot be guaranteed as to its accuracy or completeness. The author is not, and does not purport to be, a registered investment adviser and does not accept compensation from publicly traded companies in return for his commentary. The objective of this newsletter is to present Situational Analysis and to provide progressive implementation of the author’s proprietary Situational Strategy Templates. No statement or expression of opinion, or any other matter herein, directly or indirectly, shall be construed as an offer to sell or the solicitation of an offer to buy the securities mentioned. Readers should not view this publication as offering personalized investment advice, and must individually determine the suitability of investments discussed for inclusion in their own portfolio. Past performance does not guarantee future results. Reprints or redistribution of this copyrighted material is allowed only by written permission from Nat-Con Publishing. To opt-out from receiving future publications, please click here. |
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