Will Market Volatility Send Investors Overseas??? Shiming Ready & Waiting
It appears after yesterday’s huge spike in volume that the cat may be out of the bag for Shiming U.S. Inc. (OTCBB: SGUS). Shares of the China-based consumer electronics maker jumped 4 percent, gaining 2 cents to close at 50 cents per share. Even though the gain was nice, the big story was the volume of 86,000 which eclipsed its 3-month daily average of 7,000 shares. Shiming is a consumer electronics company with a particular focus on the development and manufacture of competitively-priced liquid crystal display (LCD) products, including high-definition TVs (HDTV) and computer monitors. For several years Shiming has…