Guys I need Help On SORL

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  • Peter Hansen
    Banned
    • Jul 2005
    • 3968

    Guys I need Help On SORL

    SORL auto parts an OTCBB stock SAUP will go on the Nasdaq on 4/18/06 . The NAsdaq symbol will be SORL. This Chinese Auto Parts Company looks very interesting to me. Conventional wisdom for an IPO is to buy the stock shortly after opening when Institutions sell and the price plummets .....Since SORL will just change markets from OTCBB to Nasdaq.....any suggestions when a good buy point is indicated? Thursday SAUP its last day on the OTTBB was up 1.40 to 8.00 or 21.21% ......perhaps it has already "Shot its Load" ? Any advice would be appreciated. Thank You!
  • Lyehopper
    Senior Member
    • Jan 2004
    • 3678

    #2
    Originally posted by Peter Hansen
    SORL auto parts an OTCBB stock SAUP will go on the Nasdaq on 4/18/06 . The NAsdaq symbol will be SORL. This Chinese Auto Parts Company looks very interesting to me. Conventional wisdom for an IPO is to buy the stock shortly after opening when Institutions sell and the price plummets .....Since SORL will just change markets from OTCBB to Nasdaq.....any suggestions when a good buy point is indicated? Thursday SAUP its last day on the OTTBB was up 1.40 to 8.00 or 21.21% ......perhaps it has already "Shot its Load" ? Any advice would be appreciated. Thank You!
    Sorry Pete.... It ain't in my data base dude.
    BEEF!... it's whats for dinner!

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    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #3
      Originally posted by Peter Hansen
      SORL auto parts an OTCBB stock SAUP will go on the Nasdaq on 4/18/06 . The NAsdaq symbol will be SORL. This Chinese Auto Parts Company looks very interesting to me. Conventional wisdom for an IPO is to buy the stock shortly after opening when Institutions sell and the price plummets .....Since SORL will just change markets from OTCBB to Nasdaq.....any suggestions when a good buy point is indicated? Thursday SAUP its last day on the OTTBB was up 1.40 to 8.00 or 21.21% ......perhaps it has already "Shot its Load" ? Any advice would be appreciated. Thank You!

      Balance sheet looks clean and I like the revenue growth. However, the spike in SGA and last quarter needs some explanation before I would go forward and buy it.
      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

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