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September 21, 2007

China Precision Steel P/E of 1?!

posted by MR WAVETHEORY at 9/21/2007 10:27:00 AM

Yahoo Finance reports that China Precision Steel has a P/E of 1. Somehow I doubt that's accurate.

The stock is up 20% today. If the P/E is indeed is 1, then this stock could go from $5 to say $20 easily! China fever! Go go go!

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