Replies to post #53768 on China Growth Stocks

[ratobranco]

OINK is good but honestly I think the float is too small to attract the funds that are playing BORN right now. OINK can go to 6, but can it go to 10? It can't generate the kind of dollar volume it needs to in order to attract a bunch of mutual funds IMO.

Not to say it's not a money maker, it is.

BORN, however, is a different league. A perfect storm. Just enough public shares to suck the funds in, a sexy story, really low valuation, and a high-quality underwriter.

[Rames]

Yup! OINK can do 2011 EPS of $1.20-1.30 easily.

Nobody knows about this stock yet! There is no coverage, IPO was totally under the radar (no big underwriters) and at the wrong time. Short term target is $6 (IPO price), long term target $10 or a forward P/E of about 8 in an industry that has seen strong institutional accumulation recently (HOGS) and that should do well with exploding food prices (crops at 2-year-high today).

The stock just needs raised attention, even a Seeking Alpha article might do the trick. Tiny float and it was a regular underwritten Nasdaq IPO.