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torywhite2002

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torywhite2002

Re: ritster73 post# 5945

Monday, 09/22/2008 4:55:12 PM

Monday, September 22, 2008 4:55:12 PM

Post# of 7338
IMO CJGH's uptrend is due to:

1. PPS got down to very attractive levels;
2. Forward-looking event (1) HUGE China Ball Bearing Exhibition;
3. Forward-looking event (2) imminent Quarterly Report, which is expected to be very good, with worldwide demand for ball bearings increasing plus the 20% increase in prices;
4. Returning confidence in the penny market;
5. Many bargain hunters out there after a lackluster August and early September. The market is ripe everyone. And cjgh is riper than most....

Look for more uptrend even if there are some pullbacks on the road up. October is going to be stellar, bringing back buyers in droves.
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