Gushan is subject of “Chinese Alt-Energy Stock Set to Spike” story, spiking its stock

In China, Gushan (GU) received a boost for its NYSE-traded stock when thestreet.com gave it a boost with its Stockpickr story on the company, “Chinese Alt-Energy Stock Set to Spike”. The story noted that the company is trading in the $3 range with $2 in cash and no debt. Earnings per share are projected by the story in the $90-$1.00 range for 2008. Gushan is the leading biodiesel producer in China, and raised $180 million in a 2007 IPO.

The company’s shares rose 23.02 percent yesterday to $3.42.

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