Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[Stock_Addict]

I not exactly sure, but there is a good chance (I feel) that some new stock is being sold into the float. Probably the stock that shows up under my Scottrade account as that was filed in early October.

The financing give a support level to the stock. I'll bet the stock won't drop below .25. Anything below .25 would probably be a buy.

If they COULD get approved for NASDAQ (with RS), you could see the price triple. The good news is: the management said they intended to do this, that is a listing, NASDAQ would be best, AMEX would be so so.