|
|
Yet (midday), the shares are down 9%. Quite odd, that…We would say these results are a blast and picking some up at the sell-off seems like a good idea, but read for yourself (bold letters are ours):
FUQI International, Inc. Reports Third Quarter 2009 Financial Results– 3Q09 Revenues Increase 35.8% to $127.2 Million –– 3Q09 Gross
|
|
... this morning that easily topped analysts' estimates. However, FUQI forecast fourth-quarter EPS of 55 to 60 ... a good time to look at a bearish hedged play on FUQI.
This morning, FUQI opened at $24.90. So far today the stock ... and a low of $21.62. As of 12:00, FUQI is trading at $21.23, down $2.10 (-9.0 ... on weak Q3 revenue, in-line Q4 forecast
Fuqi drops on weak Q3 revenue, in-line Q4 forecast ...
|
|
... a big gap down on Oct 27, 2009.
Review this FUQI chart from a June 30, 2009 post by Jamie where he stated - "Not sure what to call the FUQI setup other than inverse C&H. But if you see a big thrust higher, consolidation, ... Jamie drew trendlines around the entire inverse C&H in FUQI whereas I have trendlines on the handle portion only. There are a lot of similarities.
So, ...
|
|
... AMSC - American Superconductor Corporation
ASIA - AsiaInfo Holdings, Inc.
LVS - Las Vegas Sands Corp.
ODSY - Odyssey HealthCare, Inc.
VCI - Valassis Communications, Inc.
CRR - CARBO Ceramics Inc.
FUQI - Fuqi International, Inc.
LNC - Lincoln National Corporation
BARE - Bare Escentuals, Inc.
MTL - Mechel OAO
AIXG - Aixtron AG
AKAM - Akamai Technologies, Inc.
SYMC - Symantec Corporation ...
|
|
... 02 - Before Market Open
Fluor Corporation - FLR - 0.9 - After Market Close
FORCE PROTECTION INC - FRPT - 0.12 - After Market Close
Full House Resorts - FLL - 0.08 - After Market Close
FUQI INTERNATIONAL INC - FUQI - 0.44 - Before Market Open
GLOBAL TRAFFIC NETWORK INC - GNET - (-0.03) - Before Market Open
Golden Star Resources Ltd. - GSS - 0.01 - After Market Close
Granite City Food & Brewery ...
|
|
... (DSX) (mentioned on Stop Trading!)-
Duff & Phelps (DUF) (featured on Mad Money)
Federal Realty (FRT) (mentioned on Stop Trading!)-
Frontline (FRO) (mentioned on Stop Trading!)-
Fuqi International (FUQI) (”speculative”) (Mad Mail)
Genomic Health Inc (GHDX) (”speculative”) (Mad Mail)
Goldman Sachs (GS) (discussed on Mad Money)
Google (GOOG) (”$700 target ...
|
|
Related Tags
|