Friday, April 16, 2010
Juice, Anyone?
I have never invested in China before, but I recently took a look at the numbers being put out by Sky People Fruit Juice and I've changed my tune. I just took 1/3 of my position in GME and moved it over to SPU. At 6.67 cents, projected earnings per share of over a dollar and a growth rate of 50% with spare production capacity and plenty of market potential, it looks to be a 10 to 12 dollar stock sooner rather than later. I still see GME moving to 28 or 30 by the end of summer, but SPU is looking like a great next move.
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