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Glg Life Tech Corp V.GLG.H

Alternate Symbol(s):  GLGLF

Consumer Defensive Packaged Foods
GLG Life Tech Corporation is a Canada-based supplier of high-purity zero calorie natural sweeteners including stevia and monk fruit extracts used in food, beverages, and dietary supplements. The Company's vertically integrated operations cover each step in the stevia and monk fruit supply chains including non-GMO seed and seedling breeding, natural propagation, growth and harvest, proprietary extraction and refining, marketing and distribution of the finished products. Its Naturals+ product line enables it to supply a host of complementary ingredients sourced through its supplier network in China. The Company’s segment is Natural Sweeteners Products, which is engaged in the manufacturing and sales of a refined form of stevia and monk fruit and has operations in China and North America. Its products include stevia, monk fruit, and REB M GOLD. Its stevia ingredient portfolio includes Organipure, BlendSure, Rebpure and Rebsweet. Its monk fruit sweeteners include monk Sweet and MONK GOLD.


TSXV:GLG.H - Post by User

Glg Life Tech Corp
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Comment by bendergardenon Jun 22, 2011 6:55pm
163 Views
Post# 18752986

RE: RE: Shorts are circling

RE: RE: Shorts are circlingMaybe a bit of both I suppose.

For it to really backfire on the shorts I guess there would have to be a bit of pressure lifted off of Chinese stocks in general, so some of the rebound hopefully from valuation lift and then some from covering as well.    But hey we'd all get a kick out of it nonetheless!!!

But yes there would be some part of it  for traders only.

And for the time being I have to go back to the buy question.  Its hovering close to $6.00 again, so it will be on the radar.

I bought at $6.20 last time.  I guess maybe at around 5.75 or 5.85 I might add some more.

There is also double whammy potential here: chinese black cloud plus general market shakiness could equal a sharp decline.  That would be really where I would move in more substantially. Not looking for it of course, but maybe I could get my average down to around $6.00, if thats what the market was serving up.

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Dealroom for high-potential pre-IPO opportunities