IT Tech Packaging Inc T.ITP

Primary Symbol: ITP

Forest Products Paper & Paper Products

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

IT Tech Packaging Inc

Bullboard Posts

Post by backabockon Jan 31, 2016 6:01pm

227 Views

Post# 24510758

Fake volatility on this stock is bizarre

I have been making money on this name for a while, trading the volatility, but at some point I started feeling like I became one of the bad guys. The volatility makes no sense and equilibrium valuations feel rather fake. Anyone have anything to say about this, or is it just another Canadian name, like Aecon, with "allegedly" shady market makers?

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