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IT Tech Packaging Inc T.ITP


Primary Symbol: ITP

IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.


NYSEAM:ITP - Post by User

Bullboard Posts
Comment by injailforgoodon Aug 12, 2015 3:31pm
164 Views
Post# 24012171

RE:Today's SP

RE:Today's SPSomething clearly happened just after 10:00 to cause it to drop precipitously - what bothers me is that it hasn't recovered despite the fact that the market has come back significantly. That said, I just can't see the #'s (if they were leaked around that time) being so bad to cause this.
Bullboard Posts