Posts for Ticker ‘RCH’

IPO’s That More Than Doubled in 2007 (JASO, YGE, MELI, VMW, LULU, MASI, RCH, APEI, ATHN, DM)

247WallSt.com wanted to bring a list of the best and worst in IPO’s for 2007.  We already gave a list of the large money losing IPO leaders of 2007 and this list should show you which of the recent IPO’s that are up more than 100% so far since the IPO pricing. 

  • JA Solar Holdings (NASDAQ:JASO) Feb. 6 at $15.00; recently $75.43 or +402%.
  • Yingli Green Energy Holding (NYSE:YGE) June 7 at $11.00; recently $40.09 or +264.4%.   
  • Mercadolibre Inc. (NASDAQ:MELI) Aug. 9 at $18.00; recently $60.40 or +235.5%.
  • VMware (NYSE:VMW) Aug. at $29; recently $88.71 or +202%.
  • Lululemon Athletica (NASDAQ:LULU) July 26 at $18.00; recently $49.16 or +173.1%.   
  • Masimo Corp. (NASDAQ:MASI) Aug. 7 at $17.00; recently $41.37 or +143.3%.   
  • China Architectural (NYSE: RCH) Sept. 28 at $3.50; recently $8.45 or +141.4%.
  • American Public Education (NASDAQ:APEI) Nov. 8 at $20.00; recently $44.00 or +120%.   
  • Athenahealth Inc (NASDAQ:ATHN) Sept. 19 at $18.00; recently $38.37 or +113.1%.   
  • Dolan Media (NYSE: DM) Aug. 1 at $14.50; recently $29.80 or +105.5%.

Join our free email distribution list for previews on IPO’s, spin-off’s, reorganization, restructuring, merger-arb, buyouts, M&A, and more.

Jon C. Ogg
December 26, 2007

Big China Stock Movers (NINE)(CSUN)(CHNR), But Watch For 50% Correction

Stocks of companies based in China will not give it a rest. They dominate the list of largest price increases on US markets again today.

Origin Agritech (SEED) is up 29% to $10.

AgFeed (FEED) is up 10% to $12.

China Sunergy (CSUN) up 15% to $14.

Ninetowns Internet Technology (NINE) is up 16% to $6.10.

China Natural Resources (CHNR) is up 8% to almost $40. Trades at over 20x sales.

China Architectural (RCH) is up 13% to $23.

Some of these stocks are going to correct 50%. It’s just a question of when. Their valuations on any sane metric are out of line.

Douglas A. McIntyre

China Stocks Lead The Market Higher, Again (LDK)(STV)(RCH)(YTEC)

Why should today be different from any other. Stocks of companies based in China dominate the list of price gainers.

China Digital TV (STV) Up 30% to $55.31, a 52-week high. NYSE listed.

China Architectural (RCH) Up 20% to over $17. AMEX listed.

Yucheng Technologies (YTEC) Just public. Up 11% to $14. Nasdaq Listed.

China Shenghuo Pharmaceutical (KUN) Up 13% to almost $13. AMEX traded.

QIAO Xing Mobile (QXM) Up 12% to almost $12. NYSE listed.

LDK Solar (LDK) Up 9% to $41. NYSE listed.

China Finance Online (JRJC) Up 8% to about $38. Nasdaq listed.

Douglas A. McIntyre

China Stocks Wild Again Today (RCH)(KUN)(CHNR)

There is no gravity in the Chinese stock market.

Shares in several companies traded in the US but based in China are making big runs again today.

China Architectural (RCH) Amex traded shares up 36% to 52-week high of $27.10 against low of $4.80.

China Shenghuo Pharma (KUN) Amex traded company up 25% to $15.14. The 52-week low is $3.10.

New Oriental Energy & Chemical Corp (NOEC) Nice 16% run today to 52-week high of $9.60. Low for the period is $2.93.

China Natural Resources (CHNR) Up 18% to $48.40. Near 52-week high on low of $6.50.

The average return from the 52-week low on these is about five times.

Not bad

Douglas A. McIntyre

China Market Madness: More Shares Rally

It must be something in the water. A broad range of China stocks are up again today. Most are moving on no news.

China Architectural (RCH) Up 58% to a new hight of $21. The 52-week low was $4.80.

China Shenghuo Pharmaceutical (KUN) Trading up 51% to a 52-week high of $13 against a $3.10 low over that period.

E-Future Information (EFUT) At least the rally is on some news (24/7 view). Up 51% to $31.35.

China Natural Resources (CHNR) Spiked up 44% to 52-week high of $48.88. A low of $6.50 for that period.

Rally caps in the East.

Douglas A. McIntyre