Universal Travel Group (fka UTRA)

[rru2s]

Nice breakout today, charts show multiple buyers throughout the afternoon. P/E of low 4s along with the company's record of great earnings growth and multiple acquisitions over the last 2 years make two very compelling reasons to buy now before prices rise close to the date of the next earnings report due out in mid-November. UTA is the most undervalued compared to other China travel companies, plus their credibility has been successfully defended after articles were published by hedge fund short interests back in September. UTA should be headed upwards from the low 5s towards the mid 6s before earnings date and eventually it will retake 2010's previous high, which was well over 10 bucks a share, over the next one or two quarters.