GREY:CHLBF - Post by User
Post by
firemonkeyon Jan 30, 2012 12:33am
416 Views
Post# 19463896
Exponential growth ...
Exponential growth ... With limited competition in China, CHO should enjoy exponential growth at least in the next year or so. I could see a quick share price move up to 60 cents within 2 weeks, then reaching the 90-cent resistance within 6 months. The float is small, making it difficult to purchase any sizeable quantity of shares. However, the share price could easily shoot up given any good news, by new investors jumping in and/or by panic short-covering. I have placed my bets below 50 cents. Good luck to all ...