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DYP 2.51 Yep. I picked some here today.Starting to make higher lows intraday. 2.36 first low second low was 2.37 third low was 2.45 Stocks fall alot faster then they rise so we could see a nice steady bounce. Will see glta. Alot of the technical indicators are oversold and at the bottom on the daily chart.
It seems the company might file the bankruptcy very soon! Because it never stop to hit the new lows: 2.9, 2.8, 2.75, 2.73, 2.67, 2.61, 2.56, 2.51, 2.49, 2.45, 2.41, 2.36.
Note, The company is working on the accounting and filing issue.
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Duoyuan Printing, Inc. No 3 Jinyuan Road Daxing District Industrial Development Zone Beijing, 102600 China - Map Business Phone: 760-219-2776 Phone: 86 10 6021 2222 Fax: 86 10 6021 6825
Details Index Membership: N/A Sector: Industrial Goods Industry: Industrial Equipment & Components Full Time Employees: 1,339
Business Summary Duoyuan Printing, Inc., through its subsidiaries, engages in the design, development, and manufacture of offset printing equipment and solutions in the People's Republic of China. The company's products cover three stages of the offset printing process comprising pre-press, press, and post-press. Its pre-press printing equipment product line comprises thermal computer-to-plate systems, which use digital formatting and processing to transfer images onto printing plates. The company's press printing equipment product line consists of single-color small-format, single-color large-format, multi-color small-format, and multi-color large-format presses. Its post-press printing equipment product line includes cold-set corrugated paper machines, automatic booklet makers, and automatic cutters. The company was founded in 2001 and is headquartered in Beijing, the People's Republic of China.