Calcol Inc (CLCL)

[Waverider110]

Looking at the chart,

2008 could be a big year for this stock. An Elliott wave A-B-C correction is in progress from year end. After the A-B-C, the next 5 waves could be up based upon news like this:

Its recent expansion into 160 large retail stores in China, including nationwide sales and distribution agreements with Tesco, Carrefour, Wal-Mart, Lotus, Trust-Mart, Bonjour, and Ren Ren Le, marks the start of a major business development cycle with China-based revenues expected to grow to 16.9 million USD and operating profits projected at 2 million USD by 2008.