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Enter Symbol:

down 96.41 %

GUSHMAN ENVIRONMENTAL ENERGY L (GU) rated Outperform with price target $14 by Oppenheimer

Posted on: Thursday,  Mar 13, 2008  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform GUSHMAN ENVIRONMENTAL ENERGY L (NYSE: GU) on 03/13/2008, when the stock price was $44.10. Since
then, GUSHMAN ENVIRONMENTAL ENERGY L has lost 96.42% as of 10/17/2012's recent price of $1.58.
If you would have followed this Oppenheimer's recommendation on GU, you would have lost 96.41% of your investment in 1679 days.

Gushan Environmental Energy Limited is a biodiesel producer in China. It produces biodiesel and by-products of biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide. Biodiesel is a renewable, clean-burning and biodegradable fuel produced from a variety of feedstocks, such as vegetable oil, animal fat and recycled cooking oil. Biodiesel is used to fuel a range of diesel engines, after blending with diesel, including diesel engines found in trucks, mass transit vehicles, marine vessels and generators. The by-products of its biodiesel production have commercial applications in the food, pharmaceutical and manufacturing industries. The Company sells its products in China to direct users, including marine vessel operators, petroleum wholesalers and individual retail gas stations. It primarily uses vegetable oil offal and used cooking oil to produce biodiesel. As of December 31, 2008, its aggregate annual biodiesel production capacity was 340,000 tons.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2008 8:25 AM Buy
44.10 70.00
as of 12/24/2008
1 Week down  -13.74 %
1 Month up  60.28 %
3 Months up  13.00 %
1 YTD down  -74.37 %

(*) Stock Price at the time of the recommendation.
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