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GENERAL STEEL HLDGS (GSI) [hlAlert]

Rating:
Buy GSI
down 89.35 %

GENERAL STEEL HLDGS (GSI) rated Buy by Merriman Curhan Ford

Posted on: Thursday,  Mar 20, 2008  8:25 AM ET by Merriman Curhan Ford

Merriman Curhan Ford rated Buy GENERAL STEEL HLDGS (NYSE: GSI) on 03/20/2008, when the stock price was $6.20.
Since then, GENERAL STEEL HLDGS has lost 89.35% as of 09/16/2015's recent price of $0.66.
If you would have followed this Merriman Curhan Ford's recommendation on GSI, you would have lost 89.35% of your investment in 2736 days.

General Steel Holdings, Inc. (General Steel), through its wholly-owned subsidiary, General Steel Investment operates a portfolio of Chinese steel companies serving various industries. The Company has four production subsidiaries: Daqiuzhuang Metal, Baotou Steel-General Steel Special Steel Pipe Joint Venture Co., Ltd., (Baotou Steel Pipe Joint Venture), Shaanxi Longmen Iron and Steel Co., Ltd. (Longmen Joint Venture) and Maoming Hengda Steel Group Co., Ltd. The Company?s main products include rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes. In June 2008, the Company acquired 99% of Maoming Hengda Steel Group, Ltd. (Hengda), a steel products processor located in Maoming city, Guangdong province in China's southern coastal region.

We occupy a unique niche among our investment banking peers: we offer our clients both traditional sell-side equity research and primary market research, and we focus on high-potential sectors such as CleanTech, Consumer/Internet/Media, Health Care and Tech/Telecom. Our institutional and corporate clients get the best of both worlds: expertise from our analysts and access to experts through our Panel Intelligence platform.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2008 8:25 AM Buy
None
6.20
as of 12/24/2008
1 Week up  3.82 %
1 Month up  45.74 %
3 Months up  37.09 %
1 YTD up  17.25 %

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