American Oriental Bioengineering

Home / AMEX / American Oriental Bioengineering
January 9, 2006

Picked up some shares of this little stock today, AOB, American Oriental Bioengineering.

I’ve been waiting for it to drop for a few months now and my system is putting it on a buy today.

I should probably wait till the end of close to buy these smaller stocks, but what the heck, I like their sales growth number.

I’m getting alot of people visiting because of the AOB Mention so I thought I’d post what I like about the stock.

1. The fundmentals
ROA 19.2
ROE 23.3
Net Profit Margin 25.2
The Sales Numbers are fantastic

2. The Technicals
Currently the technicals are not fantastic yet. I traded this off its bottom in hopes that the technicals would improve for a longer term trade. That has happened, but my systems have not issued a longer term buy, it does have a short term buy though which is why I am long in it.