SkyPeople Fruit Juice, Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People's Republic of China and internationally. The company operates through six segments: Concentrated Apple Juice and Apple Aroma, Concentrated Kiwifruit Juice and Kiwifruit Puree, Concentrated Pear Juice, Fruit Juice Beverages, Fresh Fruits and Vegetables, and Others. It offers fruit juice concentrates, such as fruit purees, concentrated fruit purees, and concentrated fruit juices; concentrated apple, pear, and kiwifruit juices; pure fruit juice and fruit cider beverages, including apple juice, pear juice, kiwifruit juice, mulberry juice, kiwifruit cider, mulberry cider, peach juice, and pomegranate juice; and fresh fruits and vegetables, fructose, concentrated fruit and vegetable juices, and turnjujube juice, as well as other by products, such as kiwifruit seeds. The company sells its products directly to end-users; to hotels, supermarkets, and other outlets; and through trade Websites, as well as indirectly through distributors and agents. SkyPeople Fruit Juice, Inc. is headquartered in Xi'an, the People's Republic of China.
NEW YORK (TheStreet) -- Shares of SkyPeople Fruit Juice (SPU) were soaring 35.34% to $11.26 on heavy trading volume late Wednesday morning after GeoInvesting said that its report that weighed on the stock yesterday was not meant to be negative.
The negative news from yesterday was: XI'AN, China, Aug. 19, 2016 /PRNewswire/ -- SkyPeople Fruit Juice, Inc. (SPU) ("SkyPeople" or "the Company"), a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, today announced that on August 17, 2016, the Company received a letter from the Nasdaq Listing Qualifications Staff (the "Nasdaq Staff"). The letter states that the Company does not comply with Nasdaq's Listing Rules for continued listing due to its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2016.
well done Gil I am please you get there (eventually ) it went up like a rocket... + got suspended I can't complain IMO P&D I believe there is an investigation
SkyPeople's Request for an Appeal Hearing is Affirmed by Nasdaq http://finance.yahoo.com/news/skypeoples-request-appeal-hearing-affirmed-130000532.html
Low float, 32% short 20 MSA crossover, very bullish can explode over 120% maybe $20 PT. No weak hands guys.
SPU is trying to break out after the company released news this morning. SPU will face heavy resistance between $6.50-$7.