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up 851.66 %

SKYSTAR BIO PHARMA (SKBI) rated Sell with price target $2.50 by WBB Securities

Posted on: Thursday,  Dec 29, 2011  9:25 AM ET by WBB Securities

WBB Securities rated Sell SKYSTAR BIO PHARMA (NASDAQ: SKBI) on 12/29/2011. Previously WBB Securities rated Sell Short SKYSTAR BIO PHARMA (NASDAQ: SKBI)
on 04/05/2010., when the stock price was $11.42. Since then, SKYSTAR BIO PHARMA has lost 89.49% as of 08/27/2015's recent price of $1.20.
If you would have followed the previous WBB Securities's recommendation on SKBI, you would have gained 851.66% of your investment in 1970 days.

Skystar Bio-Pharmaceutical Company (Skystar) is a holding company that, through its variable interest entity (VIE), Xian Tianxing Bio-Pharmaceutical Co., Ltd. (Xian Tianxing), develops, manufactures and distributes medicines, vaccines and other healthcare and medical care products for poultry, livestock and domestic pets in the People?s Republic of China. The Company has four product lines, including a vaccine line, a veterinary medicine line, a fodder and feed additives line, and a micro-organism line. All four product lines are developed, manufactured and distributed by Xian Tianxing, which the Company operates and controls through contractual arrangements between its indirect wholly owned subsidiary, Sida Biotechnology (Xian) Co., Ltd. (Sida) and Xian Tianxing. Skystar's business divisions include a bio-pharmaceutical products division, a veterinary drugs division, a fodder and feed additive division, and a microorganism preparation division.

Research from WBB Securities provides investment professionals with up-to-date, in-depth, accurate and insightful reporting of companies that specialize in biotechnology, medical devices and healthcare. Our goal is to provide independent, straight-forward and up-to-date research so you can make educated decisions about your investments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/29/2011 9:25 AM Sell
2.76 2.50
as of 12/30/2011
1 Week up  2.14 %
1 Month down  -2.62 %
3 Months down  -40.51 %
1 YTD up  71.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/5/2010 10:25 AM Sell
11.42 5.00

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