Stocks to Watch For Thursday - OmniaLuo (OLOU)

OmniaLuo (OTCBB: OLOU) Closed at $1.35. Today announced that it achieved overwhelming success with the exhibition of its 2008 Summer Line at the 16th annual China International Clothing and Accessories Fair (“CHIC 2008”) in Beijing from March 28-31, 2008. Over the four-day show, OmniaLuo received international exposure to the more than 120,000 attendees and enlisted 15 independent distributors (similar to franchisees) for stores to be opened in 2008. 

OmniaLuo, based in China’s fashion capital of Shenzhen, is in the business of designing, developing, marketing and

distributing fine women’s apparel under the brand name OmniaLuo.
How They Trade: OLOU has a 52 week high of $2.15 and a 52 week low of $1.10. Volume averages approximately 4K shares a day.

earnings of $1.21 per share in the first quarter of 2007, an increase of 36 percent as reported. First- quarter income from continuing operations was $2.3 billion compared with $1.8 billion in the first quarter of 2007, an increase of 26 percent. Total revenues for the first quarter of 2008 of $24.5 billion increased 11 percent (4 percent, adjusting for currency) from the first quarter of 2007.


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