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Enter Symbol:
 
(SHE) [hlAlert]

Rating:
Mkt Outperform
SHE
down 98.19 %

Shengkai Innovations Inc. (SHE) rated Mkt Outperform with price target $21 by Rodman & Renshaw

Posted on: Friday,  Apr 16, 2010  8:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform Shengkai Innovations, Inc. (OTCBB: VALV) on 04/16/2010, when the stock price was $8.30.
Since then, Shengkai Innovations, Inc. has lost 98.19% as of 08/27/2015's recent price of $0.15.
If you would have followed this Rodman & Renshaw's recommendation on VALV, you would have lost 98.19% of your investment in 1959 days.

Shengkai Innovations, Inc., formerly Southern Sauce Company, Inc., through its subsidiaries and Tianjin Shengkai Industrial Technology Development Co. Ltd (Shengkai), is engaged in the business of manufacturing and selling of ceramic valve. The Company?s products include a range of valves in all industries that are sold throughout China, North America, and countries in the Asia-Pacific region. The Company develops ceramic products with more than 730 types and specifications in 34 series, under nine categories. The Company produces industrial ceramic valves with calibers up to 1,000 millimeter in various types and in different combinations of ceramic and metal coefficients, depending on their use.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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