Puda Coal, Inc. (PUDC.OB: 0.46 +27.78%) is a red hot company in an otherwise troubled coal industry. The Chinese coal producer achieved record revenue and net income, generated strong cash flow, and closed 2008 with a healthy balance sheet. However, the firm began to see its fourth quarter slow down as the economic downturn led to a decline in operating income and profit margins.
The Chinese coal industry has been struggling with higher supply and low demand, which has put downward pressure on prices for coking and cleaned coal. At the same time, coal miners are passing on their higher costs for producing raw coal, which has put a pressure on profit margins as not all of this price increase could be passed on downsteam.
http://theotcinvestor.com/puda-coal-set-to-benefit-from-stimulus-consolidation-199/
The Chinese coal industry has been struggling with higher supply and low demand, which has put downward pressure on prices for coking and cleaned coal. At the same time, coal miners are passing on their higher costs for producing raw coal, which has put a pressure on profit margins as not all of this price increase could be passed on downsteam.
http://theotcinvestor.com/puda-coal-set-to-benefit-from-stimulus-consolidation-199/
). Unless you have inside information of a big pending development or sale, this stock doesn't look good fundamentally. If you think this is cyclical, then clearly there should be a cyclical trend in the charts, but I don't see one.
I can't speak for Calven or ScottishTrader, but when I see people like you giving out recommendations like these without any kind of substanciation, it leads me to believe you are nothing more than a spammer, and it angers me because some newbie trader might stumble across it and buy it - and lose money.