International Investing
Orient Paper: Good Value Play
Stock quotes in this article:ORPN
The first was that customer test results on its lithium iron phosphate product had come back with positive results and that over 20 new potential customers were currently testing the product. The second was a press release announcing "key academic and government alliances". The result of all this news flow? The stock has now drifted down to the $1.50 range. The only theory I can offer on China Sun is that too many people made too much money too quickly. The stock was at 19 cents in March and skyrocketed to $2.10 less than six months later -- a rise of over 1,000%. It is notable that in the current price range liquidity has basically dried up in the stock. Yesterday, it traded only 22,000 shares, compared to 1 million to 2 million shares being traded on certain days on September and October.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 14.60 |
Oil *
98.16
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
1.21 |
10 Yr
1.46%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-7.65%
|
Data delayed 20 minutes |


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