China Growth Stocks

[systrader]

GFRE

JoTeng I'm with you. I've been accumulating this stock. Bought another 5000 at $10 a few minutes ago. Took out the ask. They are now asking $ 10.10.

I've got 15000 shares so far and will buying on the dips.

I can't see much going wrong with this one since China is a net importer of Bromine. GFRE can't produce enough to fulfill domestic requirements of the chemical.

Plus with the forced consolidation of the industry, that will definitely enhance GFRE's position going forward.

Then, in addition, the 8% increase in Bromine prices announce last week further strengthens their forward revenue.

Not pumping, but I can legitimately see $ 15 in 3 months when it begins to get some analyst coverage and institutions begin accumulation if they haven't started already.