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Enter Symbol:
China Automotive Systems, Inc. (CAAS) [hlAlert]

Neutral CAAS
up 95.94 %

China Automotive Systems, Inc. (CAAS) downgraded to Neutral by Merriman

Posted on: Friday,  Jan 15, 2010  8:25 AM ET by Merriman

Merriman rated Neutral China Automotive Systems, Inc. (NASDAQ: CAAS) on 01/15/2010. Previously Merriman rated Buy China Automotive Systems, Inc. (NASDAQ: CAAS) on
10/19/2009., when the stock price was $11.10. Since then, China Automotive Systems, Inc. has gained 95.95% as of 01/15/2010's recent price of $21.75.
If you would have followed the previous Merriman's recommendation on CAAS, you would have gained 95.94% of your investment in 88 days.

China Automotive Systems is a holding company and has no significant business operations other than their interest in Genesis in which they manufacture power steering systems and other component partsfor automobiles.

Merriman provides advanced tools for acquiring such information. These tools integrate a combination of cycles, geocosmic signatures and trend analysis patterns in assisting the serious investor in their interpretation of the various financial markets and the general economy. In today's fast paced and seemingly chaotic marketplace, you need the edge that only a broader analysis of human activity can provide.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2010 10:25 AM Buy
as of 12/31/2010
1 Week down  -4.49 %
1 Month down  -10.50 %
3 Months down  -12.43 %
1 YTD down  -13.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/18/2010 8:25 AM Hold
1/15/2010 8:25 AM Hold
10/19/2009 8:25 AM Buy

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