InvestorsHub Logo
Followers 3
Posts 234
Boards Moderated 0
Alias Born 05/12/2012

Re: IPO$ post# 269

Tuesday, 07/03/2012 2:56:50 PM

Tuesday, July 03, 2012 2:56:50 PM

Post# of 12930
Whoa, I thought this forum was dead. Thanks for posting. =^)

I was wondering the same thing a few days ago but it turns out that they have three segments: Magnesium production, Basic materials and Consulting. You can read about them here -

http://www.cdii.net/index.php/about-us/company-overview

Google this outfit and you'll be surprised. There is more like -

http://finviz.com/quote.ashx?t=cdii

and

http://seekingalpha.com/article/607731-6-high-growth-services-stocks-hoarding-money

This stock seems to be dirt cheap and I'm looking for a good reason not to buy... besides the fact that it's a penny stock. They have 1578 employees and are one of the largest magnesium producers on the planet. The P/E is rock bottom, they have no debt, the book value is about $2 and each .30 something share is backed by .41 in cash... I'm missing something???