Another Chinese Stock: SUTR

Sutor Technology Group Limited (SUTR) is a Chinese steel company. I love the monthly pattern on this stock, it can rocket ship 100% in just a couple of weeks. If the monthly pattern plays out; 400%

Not only do the technicals look good. The company is estimating an increase of 9-14% in revenue and a 68-89% increase in net income for the fourth quarter (end of September). On September 12-15, they will be participating in Rodman & Renshaw's Annual Global Investment Conference and are expected to present the preliminary fourth fiscal quarter and annual financial results at the conference.

I will try to keep you guys updated.

I want this stock for $1.35-$1.40 (30% drop from where we are now)