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Old 01-23-2011, 09:44 AM
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Join Date: Aug 2009
Posts: 6
Default PUDA Puda Coal, Inc.

Keep an eye on PUDA, the selling seems to have died off. It has hit solid support at its current level.
The Williams % R is starting head north again, and the ADX is beginning to show some signs of positive movement coming. We need a green day for confirmation.
PUDA is a stock with a nice ATR, just 100 - 200 shares can give you a nice return quickly. If you arent a daytrader, this stock can be very worthwhile for "burning a roundtrip". It has paid me well on the intraday swings.
These are my opinions only, please do your DD before buying any stock.
http://http://stockcharts.com/h-sc/u...d=p59964506908
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Old 01-23-2011, 11:20 AM
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Posts: 4,387
Default Puda Coal Inc

Business Summary

Puda Coal, Inc., through its indirect equity ownership in Shanxi Puda Coal Group Co., Ltd., supplies metallurgical coking coal to the industrial sector in the People’s Republic of China. Its processed coking coal is used by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. The company was founded in 2004 and is headquartered in Taiyuan, the People’s Republic of China


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