GSI

sexydaytrader

Can someone please help me take a look at GSI,

[img]http://stockcharts.com/c-sc/sc?chart=GSI,uu[800,a]daclyyay[pb50!b200!f][vc60][iue12,26,9!lc20][/img]

[img]http://stockcharts.com/c-sc/sc?chart=GSI,uu[800,a]waclyyay[pb40!f][vc60][iue6,12,9!lj[$spx]][/img]

As they also nnounced Share Repurchase Program:

(From PR Newswire)

Press Release Source: General Steel Holdings, Inc. On Tuesday December 21, 2010, 9:00 am EST
BEIJING, Dec. 21, 2010 /PRNewswire-Asia-FirstCall/ -- General Steel Holdings, Inc. ("General Steel" or "the Company") (NYSE:GSI - News), one of China's leading non-state-owned producers of steel products and aggregators of domestic steel companies, today announced that the Company's board of directors has approved a share repurchase program.

Under the terms of the approved program, General Steel may repurchase up to an aggregate of 1,000,000 shares of the Company's common stock. The repurchases may be made from time to time in the open market or in privately negotiated transactions in accordance with applicable federal securities laws. The program does not have an expiration date and the timing of the repurchases and the exact number of shares of common stock to be purchased will be determined by the management of the Company, in their discretion, and will depend upon market conditions and other factors. General Steel plans to fund repurchases made under this program from its available cash balance.  

"Demand for our steel products remains strong as China continues to invest substantially in developing the infrastructure of its Western rural areas," said General Steel's Chairman and Chief Executive Officer Henry Yu. "We believe our board's approval of this new share repurchase program reflects confidence in the future growth potential of our business. The current market price permits an attractive opportunity for the Company to re-invest a portion of its capital balance in the Company's own stock and indicates our commitment in increasing shareholder value."

sexydaytrader

sorry, the img didn't come out.
[img]http://stockcharts.com/c-sc/sc?chart=GSI,uu[800,a]daclyyay[pb50!b200!f][vc60][iue12,26,9!lc20][/img]

f16f16

偶胡言乱语的，图形看，还没跌透，偶会避开他。