Discussion in 'Stocks' started by wake37, May 19, 2008.

  1. wake37


    What do you guys think of this stock. A play on the steel industry in china,with the destructive forces of the earth quake there will be a need to reprocess the steel from the heavliy damaged buildings that will need to be torn down. Sutor is in prime position for that.

    The company revenue has increased rapidly due to higher steel prices and even higher demand for steel. The company has also consistenly has beaten in every quarter. The stock currently trades at a p/e 7.7. The stock has doubled in the last 2 months, and could see a pullbac, but my money is on the stock to rise.

    Would love to hear others opinions on the stock.