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larrybaz

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larrybaz

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Re: wadegarret post# 41468

Sunday, 11/19/2017 8:27:26 PM

Sunday, November 19, 2017 8:27:26 PM

Post# of 113744
Wade - SORL - if after doing your research, you're not comfortable holding your position, you should sell.

On the conference call the company indicated that 2018 should be at least as good as 2017. The share price has swung wildly in the last year or so. With the numbers they just put up and the guidance, I think there will be another spike up in the share price. When is it going to happen? Who knows? Maybe never.

It could drop into the 5s or 4s or pop up into the 7s, 8s, 9s, or 10s. It has been a very volatile stock recently. It is not General Mills. It is a microcap auto parts maker based in China.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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