SORL Auto Parts Inc (SORL) Quote

News: $SORL SORL Auto Parts Enters Into Definitive Merger Agreement for "Going Private" Transaction

ZHEJIANG, China, Nov. 29, 2019 (GLOBE NEWSWIRE) -- SORL Auto Parts, Inc. (NASDAQ: SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced that it ...

Got this from SORL - SORL Auto Parts Enters Into Definitive Merger Agreement for "Going Private" Transaction

News: $SORL SORL Auto Parts Announces Board Changes

ZHEJIANG, China, May 24, 2019 (GLOBE NEWSWIRE) -- SORL Auto Parts, Inc. (NASDAQ:SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced that it has in...

Got this from https://marketwirenews.com/news-releases/sorl-auto-parts-announces-board-changes-8240500.html

News: $SORL SORL Auto Parts Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

ZHEJIANG, China, April 26, 2019 (GLOBE NEWSWIRE) --   SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that its Board of Directors...

Read the whole news https://marketwirenews.com/news-releases/sorl-auto-parts-announces-receipt-of-preliminary-non-binding-going-private-proposal-8063974.html

News: $SORL SORL Auto Parts Reports Record 20% Annual Net Sales Increase in 2018

ZHEJIANG, China, April 01, 2019 (GLOBE NEWSWIRE) --  SORL Auto Parts, Inc. (NASDAQ: SORL)  (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced ...

Read the whole news https://marketwirenews.com/news-releases/sorl-auto-parts-reports-record-20-annual-net-sales-increase-in-2018-7921850.html

Stock closed mid range. Either gap up or gap down tomorrow. Which one will it be. $SORL

Earnings report is coming out tomorrow. I am going to be curious if we beat the .19 earnings put out there. I think we may double it.

To my understanding this stock has an insider ownership of roughly 60% by only 3 individuals.

Some light being shined here.
https://www.gurufocus.com/news/656807/riskreward-with-sorl-auto-parts

Four stocks in the Major Auto Manufacturers space, and they are: SORL Auto Parts Inc. (NASDAQ: $SORL ), Kandi Technologies Group Inc. (NASDAQ: $KNDI ), Tesla Inc. (NASDAQ: $TSLA ), and Ford Motor Co. (NYSE: $F )" https://www.barchart.com/story/stocks/quotes/KNDI/1331991/morning-technical-insight-on-these-auto-makers-stocks-sorl-auto-parts-kandi-technologies-tesla-and-ford-motor

"Four stocks in the Major Auto Manufacturers space, and they are: SORL Auto Parts Inc. (NASDAQ: $SORL ), Kandi Technologies Group Inc. (NASDAQ: $KNDI ), Tesla Inc. (NASDAQ: $TSLA ), and Ford Motor Co. (NYSE: $F )" https://www.barchart.com/story/stocks/quotes/KNDI/1331991/morning-technical-insight-on-these-auto-makers-stocks-sorl-auto-parts-kandi-technologies-tesla-and-ford-motor

the price is low is because nobody believes in the honesty of CHINA companies.. just look at other china companies that have gone to zero shortly after posting great earnings.

Still think SORL should be trading above $10/share. A little DD on it should convince any value investor

So why is there such a huge persistent short position here??
Do the accountants or management have some bad history??
been accumulating on the dips - last time in the $3.85
Anybody got any theories???

That's nice But with the book value now at 9.30 (and growing) and ESP of a buck a share (and growing) the PPS on that alone should be above 10 IMO

SORL hit 8.97 p/m very nice

Advanced Auto Parts had a nice day yesterday as well

Based on the PM action so far PPS could trade 100% up today sometime. May not hold but think it will trade there.

1/5 of float short

Dip and rip

$SORL nice >> http://collinscourier.com/sorl-auto-parts-inc-nasdaqsorl-and-cbak-energy-technology-inc-nasdaqcbak-volatility-at-extreme-levels/

Did they do a cc for this ER? Or just a PR? Thanks $SORL

SORL invest 5.21









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$SORL Nicely setting up for upcoming ER in a week imo.

DAILY

SORL downgraded by ZACKS from BUY to HOLD
SORL Auto Parts downgraded by Zacks Investment Research to hold. https://t.co/Xsd6SkBrtX $SORL #SORL— US Banking News (@AmericanBanking) July 19, 2017

SORL downgraded by ZACKS from BUY to HOLD
SORL Auto Parts downgraded by Zacks Investment Research to hold. https://t.co/Xsd6SkBrtX $SORL #SORL— US Banking News (@AmericanBanking) July 19, 2017

SORL buy 8.30

breakout on all time high green volume
pausing at a support level
low risk high reward trade










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Weeeeeee SHORTY swing my way!!!

Junk

Hope you took your profits!! This POS is smoke and mirrors. Chinese pump n dump for years!!!

BID BUILDING !!!

* * $SORL Video Chart 05-15-17 * *

Link to Video - click here to watch the technical chart video

I am still watching I have shorted this one a couple of times and getting ready to play again for fun.

IMPRESSIVE earning$= http://finviz.com/quote.ashx?t=sorl

Any one still watching this one here? It seems to be holding at the 3.00 mark.

That will help move it up. Thanks for the info. I have one program that shows SORL to be worth 6.25 right now. I think it will go up even more after the 4th QTR financials come out.

Copied this off my brokerage site news feed today.
Maybe a catalyst...

SORL Auto Parts

Four major players in the Auto Manufacturers industry, which are: Tata Motors Ltd (NYSE: TTM), Honda Motor Co. Ltd (NYSE: HMC), Ferrari N.V. (NYSE: RACE), and SORL Auto Parts Inc. (NASDAQ: SORL). As per IBISWorld's Global Car & Automobile Manufacturing global market research report released last August, rising incomes in emerging countries will buoy global auto demand. Additionally, auto manufacturers' expansion of small cars portfolios and shift in production to hybrid electric automobiles, also bodes well for future industry growth.

Rui'an, the People's Republic of China headquartered SORL Auto Parts Inc.'s stock finished Monday's session 2.60% lower at $3.75 with a total trading volume of 146,522 shares. The Company's shares have advanced 30.21% over the previous three months and 48.22% since the start of this year. The stock is trading above its 200-day moving average by 49.55%. Additionally, shares of SORL Auto Parts, which manufactures and distributes automotive brake systems and other safety related auto parts in China, have an RSI of 37.62.

On November 14(th) , 2016, SORL Auto Parts reported that net sales increased by 23.0% to $61.9 million in Q3 2016 compared to $50.3 million in Q3 2015. Gross margin for Q3 2016 was 30.1%, compared to a gross margin of 28.0% for Q3 2015. Net Income attributed to stockholders rose by 55.4% to $3.2 million in Q3 2016 from $2.0 million in Q3 2015. The company's basic and diluted earnings per share were $0.17 in Q3 2016 compared to $0.11 in Q3 2015.

I dont know what is going on their earnings are up and they keep going down. They should be in the 5.00 range insted of the 3.75 it is.

Why is SORL languishing? Because it's a China company in a Trump economy? Anybody know what's going on with this stock? Manipulation?

I'm in for a few hundred also.

I bought a couple hundred @ 4.04

SORL is poised, but it's kind of not a sexy commodity (brake parts China...) until you take a closer look. Only 19.3 million shares outstanding for starters.
Yes, it's China (tariffs, ugh) but they have a global reach and a plural customer base as a result.
Gotta get the word out to more people, get the share price up (further). More volume. Yesterday's sell-off was profit-taking of the small core of investors that exist. Not a big deal.
Watch for the daytraders on this one too. Sykes crew could drop in any time...

the sales are up and the profit is up. why the sell off today

I am following SORL. Depending on what happens Monday will decide what move I make. But I am not investing until the 3rd quarter report comes out.

Any one looking at SORL?

SORL bullish 4.41



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SORL bullish 4.31



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Lot of Short sellers coming in by the looks of it.

SORL > Impressive technicals: impressive fundamentals. > Huge revenue/profit growth > brake parts in China, over a billion vehicles in China need brake parts replacements.

+ Zacks all over SORL big time > #1 STRONG BUY rating.

SORL > https://www.zacks.com/stock/news/231732/3-reasons-value-stock-investors-will-love-sorl-auto-parts-sorl?cid=CS-MKTWTCH-HL-231732

SORL has a forward PE of 5.07 according to Zacks in PR released today.

SORL $4.44 from $2s wow. Beast mode