Top Stock: Orsus Xelent Technologies Inc. (NYSE Amex: ORS)

Orsus Xelent Technologies, Inc. and its subsidiaries engage in the design, manufacture, and distribution of cellular phones for retail and wholesale distribution in the People?s Republic of China.
Symbol: ORS Exchange: NYSE Amex
  Industry: Communication Equipment Web Site: www.orsus-xelent.com


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Type Comments
05-29-2010 Update Post We’re throwing in the towel as far as Orsus Xelent is concerned. The China-based designer and manufacturer of mobile phones for the Asian market reported poor first quarter results on Monday and there aren’t many signs of improvement. We're recommending to sell Orsus Xelent.
06-07-2009 Update Post If you followed our advice to buy at $0.47 in January, we advice you to sell half of your position now, because the stock has doubled.
01-10-2009 Initial Report ORS is trading at an extremely low P/E of 1.6 and the forecast looks sunny. However, it has some issues it needs to take care of, like the very high accounts receivable number. This is why Orsus is our medium-risk stock for 2009. It can become a big winner, but it has some sharp edges.