High Power International, Inc. (HPJ)

[bigfred1]

48752 is the new short figure. Today was an unusual high volume. My guess is we will see an announcement soon from HPJ regarding the 78 millions investment deal. I am also excited about the investment they made in the EV batteries company. We just had a fantastic quarter in Q3. Maybe MF or institutions bought today because of it but my guess is it is the Anshan deal. I am also reminded that q4 2015 was very weak and HPJ lost 1 penny which means we will compare q4 2016 with a very weak q4 2015. In the last financial report the Work in Progress amount was over 2 millions compared to the WIP in q3 2015. If we have a decent q4 2016 we could be at EPS of 45 cents or more and we might get a higher multiple than 10 which is what we have been trading at recently. GLTA.