780 percent increase in earnings last year… no wonder they did a buy back… Book value of $8.92 is .57 of its current price, small float, soon to be about 2.8 million, earnings coming out, and massive short positions… to top it off it is a Chinese company and everyone is bearish… that means squeeze
This is getting ready to run… 3.7 million share float, announced $5 mill buy back, will reduce float to approx. 2.6 million, now 75 percent held by insiders but after buy back about 85 percent held by insiders, earnings out in 9 days, net book value/share of $8.92 - very tight, well controlled, huge volume - I bet we see $8 tmrw.$Ever-Glory(EVK)$
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