China Gengsheng Minerals Corp (AMEX:CHGS), Up By 5.77% ($0.06) From $1.040 After BUYINS.NET Report Predicted Stock Would Go Up
January 31, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, January 30th 2012 stating that China Gengsheng Minerals Corp (AMEX:CHGS) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=chgs&id=237230
At the time this story was written, China Gengsheng Minerals Corp (AMEX:CHGS) is Up By $0.06 (5.77%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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China Gengsheng Minerals Corp (AMEX:CHGS) - China GengSheng Minerals, Inc., through its subsidiaries, develops, manufactures, and sells a range of mineral-based heat-resistant products, including monolithic refractories, industrial ceramics, fracture proppants, and fine precision abrasives. The companys monolithic refractories include castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs. The refractories are used as linings and key components in various industrial furnaces primarily in the iron, steel, cement, chemical, coal, glass, petro-chemical, and nonferrous industries. Its industrial ceramics comprise abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps used in the electric power, electronic component, industrial pump, and metallurgy industries. The companys fracture proppant products are ball-like pellets used to reach trapped pockets of oil and natural gas deposits that are trapped in the fractures under the ground. Its fine precision abrasives are used in surface-polishing and slicing precision instruments in various industries, including machine manufacturing, electronics, optical glass, architecture industry development, semiconductor, silicon chip, plastic, and lens. The company serves customers in the iron, steel, oil, glass, cement, aluminum, chemical, petroleum, coal, mining, utilities, solar, and optical equipment manufacturing industries in China, greater Asia, North America, and Europe. It sells its products directly, as well as through various distribution channels. China GengSheng Minerals, Inc. is based in Gongyi, the Peoples Republic of China.
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