Gulf ResourcesAnother under-$10 name that's trading very close to triggering a near-term breakout trade is Gulf Resources (GURE - Get Report), which is engaged in the manufacturing and trading of bromine and crude salt and the manufacturing and selling of chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals. This stock has been hammered by the bears so far in 2012, with shares down by over 30%.
5 Stocks Under $10 Set to Soar
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