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Enter Symbol:
 
GULF RESOURCES INC (GURE) [hlAlert]

Rating:
Outperform
GFRE
down 79.87 %

GULF RESOURCES INC (GFRE) rated Outperform with price target $12.50 by Oppenheimer

Posted on: Friday,  May 21, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform GULF RESOURCES INC (NASDAQ: GURE) on 05/21/2010, when the stock price was $7.85. Since
then, GULF RESOURCES INC has lost 79.87% as of 08/28/2015's recent price of $1.58.
If you would have followed this Oppenheimer's recommendation on GURE, you would have lost 79.87% of your investment in 1925 days.

Gulf Resources, Inc. (Gulf Resources) manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals. The Company?s products have been sold only within the People?s Republic of China. The Company operated in two reportable segments: Bromine and Crude Salt, and Chemical Products. Gulf Resources manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2010 8:25 AM Buy
None
7.85 12.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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