Add to the list of high flyers: CHNR JRJC CSUN KONG CDS Man, I thought about shorting CHNR this morning and would of took an ass pounding. God damn tech runs of late 90's it feels like.
SDTH....a more profitable resource company located in China. SDTH--- Shengdatech, Inc. engages in manufacturing, marketing, and selling nano precipitated calcium carbonate (NPCC) and coal-based chemicals in north China. The company's coal based chemicals include ammonium bicarbonate, liquid ammonia, methanol, and melamine. NPCC is used in paper, paints, rubber, plastic, tire, and polyvinyl chloride building materials industries. The company also markets and sells coal based products as chemical fertilizers and raw materials for the production of organic and inorganic chemical products, including formaldehyde and pesticides. Its customers include manufacturers and distributors of agrochemicals in Shandong province and other parts of northern China. The company was founded in 2005 and is based in Taian City, China.
Longhorns------->All you had to do was say this........."SDTH, a company located in China." Anything else is meaningless.
I just threw up in my mouth with these moves. Not even 1PM yet. These sell off between 3 and 4? Who's holding "long term"