I am rather bullish on this company, as it has very good fundamentals, is back on an uptrend, is the #1 producer of equipment and machinery used in mining operations (coal, copper, etc.), and should be a huge beneficiary of the favorable exchange rate that foreign companies have when buying U.S. products. The nice thing about JOYG is that their really is no correlation between the price of what is being mined, and the need for the equipment and machinery JOYG manufacturers and exports, because things like coal and copper will be required at a rather stable amount, regardless of what happens with the price of the underlying material. I am not that intelligent, so I look for opportunities whereby my common sense is easily satisfied. My common sense tells me that in order to improve the production of the cheap power that emerging economies need, they will have to make their coal mining operations far more efficient. I do realize there is much talk of alternative energy, but coal is the predominate material used to produce electricity in the emerging economies, and will likely be for a long time to come (whether adequate technology can brought to market to improve air quality by reducing the emissions of coal burning power plants is an interesting, but separate, investment thesis). I opened up a position in JOYG, and plan on keeping it in my long term portfolio.