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China Gerui Advanced Materials Group Ltd. (CHOP) [hlAlert]

Rating:
Buy CHOP
down 97.75 %

China Gerui Advanced Materials Group Ltd. (CHOP) rated Buy with price target $10 by Global Hunter Securities

Posted on: Monday,  Mar 21, 2011  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP) on 03/21/2011, when the stock price was
$57.00. Since then, China Gerui Advanced Materials Group Ltd. has lost 97.75% as of 08/27/2015's recent price of $1.28.
If you would have followed this Global Hunter Securities's recommendation on CHOP, you would have lost 97.75% of your investment in 1620 days.

China Gerui Advanced Materials Group Limited engages in the manufacture and sale of cold-rolled narrow strip steel products in the People's Republic of China. The company converts steel manufactured by third parties into thin steel sheets and strips. It sells its products directly to its customers in a range of industries, including food packaging, telecommunication, electrical appliance, and construction materials industries. The company was formerly known as Golden Green Enterprises Limited and changed its name to China Gerui Advanced Materials Group Limited in December 2009. China Gerui Advanced Materials Group Limited is based in Zhengzhou, China.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/21/2011 9:25 AM Buy
None
57.00 100.00
as of 12/30/2011
1 Week down  -0.29 %
1 Month down  -11.84 %
3 Months up  21.81 %
1 YTD down  -41.22 %

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