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down 94.84 %

WONDER AUTO TECH INC (WATG) rated Buy by Merriman Curhan Ford

Posted on: Thursday,  Aug 7, 2008  8:25 AM ET by Merriman Curhan Ford

Merriman Curhan Ford rated Buy WONDER AUTO TECH INC (OTCBB: WATG) on 08/07/2008, when the stock price was $8.73.
Since then, WONDER AUTO TECH INC has lost 94.85% as of 11/15/2012's recent price of $0.45.
If you would have followed this Merriman Curhan Ford's recommendation on WATG, you would have lost 94.84% of your investment in 1561 days.

Wonder Auto Technology, Inc. (WATG) is a holding company, whose business operations are conducted, through its operating subsidiaries, Fuxin Huirui Mechanical Co., Ltd., Jinan Worldwide Auto Accessories Co., Ltd., Jinzhou Dongwoo Precision Co., Ltd., Jinzhou Wonder Auto Electrical Equipment Co., Ltd., Jinzhou Hanhua Electrical System Co., Ltd. and Jinzhou Wonder Motor Co., Ltd. It is engaged in designing, developing, manufacturing and selling automotive electrical parts, specifically alternators and starters, engine valves, tappets, rods and shafts in China. The Company?s products are mainly used in passenger cars and commercial vehicles and sold to original equipment manufacturers in China. In September 2009, the Company announced that its wholly owned subsidiary, Jinzhou Wanyou Mechanical Parts Co., Ltd, acquired Friend Birch Limited(Hong Kong) (Friend Birch), including its rods and shafts technology development center, technologies and patents and two wholly owned subsidiaries.

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
8/7/2008 8:25 AM Buy
as of 12/24/2008
1 Week down  -1.72 %
1 Month up  95.53 %
3 Months up  164.65 %
1 YTD up  45.15 %

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