Gulf Resources, Inc. (GURE) - Short squeeze underway

Discussion in 'Stocks' started by miguel007, Jul 14, 2011.

  1. Huge volume....and a nice setup
     
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  2. nice close....
     
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  3. Shortist going to cover at high price............:p
     
  4. Setting up for a Big breakout at $4. Second time should be a charm.
     
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  5. jindie

    jindie

    You should be aware that it is almost a certainty that GURE is yet another Chinese RTO fraud.
    Whoever 'made up' the financials forgot to make the inventory turnover number look plausible.
    Buy this stock at your own peril.