GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
WONDER AUTO TECH INC (WATG) [hlAlert]

Rating:
Overweight
WATG
down 95.95 %

WONDER AUTO TECH INC (WATG) upgraded to Overweight with price target $16 by Piper Jaffray

Posted on: Thursday,  Sep 17, 2009  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Overweight WONDER AUTO TECH INC (OTCBB: WATG) on 09/17/2009, when the stock price was $11.13.
Since then, WONDER AUTO TECH INC has lost 95.96% as of 11/15/2012's recent price of $0.45.
If you would have followed this Piper Jaffray's recommendation on WATG, you would have lost 95.95% of your investment in 1155 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.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2009 8:25 AM Buy
None
11.13 16.00
as of 12/31/2009
1 Week down  -38.75 %
1 Month down  -38.33 %
3 Months down  -38.75 %
1 YTD down  -38.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 8:25 AM Hold
None
3.73
12/27/2007 8:25 AM Buy
None
11.06 15.00
10/30/2007 9:25 AM Buy
None
9.19 12.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy