China Precision Steel Inc. (CPSL) Weathers Economic Downturn Well, Prepares for Q1 New Plant Opening
As the market decides whether it is ready for a return, bargains are quickly disappearing. Those solid companies that were beat down but held value are starting to rise in price from where a bottom fishing expedition could return solid profit. Bank of America, Alcoa and, to a lesser degree at the moment, US Steel are just a few opportunities where buying at the bottom has doubled the investment. These opportunities won't last much longer but if an investor can find them there is still profit to be made. China Precision Steel Inc., a manufacturer and marketer of precision cold-rolled…