BB's Stock Haven

[jaybird249]

GSI:AMEX 5 MM float 4000% NET INCOME INCREASE

GSI:AMEX (China Steel) rose from $9 to $19 last month, now back to $10.

GSI PREANNOUNCED $7.5 MM EPS ON $300 MM + REVENUE ($.23 PER SHARE) and will report next week.

THATS A 4000% NET INCOME INCREASE.

GSI will pop up on EVERYONES radar screen next week: a 5 MM float China stock with OVER $1.2 BILLION in annual sales and an 11 forward PE.

With a 5 MM float GSI could see $20 + IMO.

An analyst who wrote "Seeking Alpha" article has $35 short term target.

Management expects to report third quarter revenues between $300 million and $340 million, representing an increase of approximately 539% to 624% from the third quarter of 2006. Additionally, management expects the corresponding net income to be between $7 million and $7.5 million, representing an increase of approximately 3793% to 4071% from the third quarter of 2006