CYD @ 8.25
CYD is a chinese company that manufactures diesel engines. It is one of the top 3 diesel companies in China. With over $700 million in revenues last year and $8 million in profits, it boggles the mind why it went to as low as $4 (giving it a market cap of 150 million!). CYD makes Kmart look expensive is my opinion! lol...
Actually, most chinese companies got decimated last year when the Chinese government decided to slow its overheated economy. Regardless, CYD grew as a company and continues to grow.
CYD trades on the New York Stock Exchange and has over 5,000 employees.
If you believe China has future potential for growth, CYD could be a good investment to participate in that growth. As its economy grows, ya gonna have more trucks and buses.
Intermediate to longer term play. If the stock takes out $10, it could see $30 again. Be sure to sell 1/2 if we get lucky enough to get a double.