Sino-Global Shipping America (SINO)

[value1008]

That $14 was only touched very briefly on a dramatic buying frenzy of shipping stocks when Trump got elected in Nov '16. SINO's small float allowed an enormous upside move and momentum players jumped on it to exaggerate it further. The chances of that happening again seem extremely small to me, less than 1% over the next 6 months.

Maybe the shipping sector will get hot again next fall, but we saw that when it got mildly warm this past fall, SINO did not really join the other stocks that moved up.

SINO must simply show the investment community that it can generate qtrly EPS of 7-12 cents. If we get another few 3 cent EPS quarters, this stock will stay in the low $1s.