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Re: nsomniyak post# 102

Saturday, 09/05/2009 3:58:46 PM

Saturday, September 05, 2009 3:58:46 PM

Post# of 481
THE NSOMNIYAK CHALLENGE - my picks

CCGY - Chinese biodiesel company with new plant coming on line that will increase capacity ten-fold.

CDBT - pretty much a shot in the dark as a China micro-cap that might get a run

CHIO - China company in the online insurance niche. There is evidence that the Chines are buying cars in amazing quantities--and insurance is a way to follow that trend. Stock is down 50% from highs and seems to have found a bottom.

NEP - Chinese energy company has pulled back, has a war chest with which to acquire and/or diversify.

WEMU - I think the recent sell-off in this Chinese alternative energy co. is overdone. Numbers look good to me going forward, and I like the fact that the CEO has been buying.

NEPH.OB (wildcard) - Nephros is a small biotech that took a good run recently, and has pulled back hard. Awaiting FDA approval on a couple drugs, with things slated to either be approved, or not, during the PSL13 time frame. Recent pullback from just above 2 to 1.40 offers a good entry point, I think. I am looking for a relatively quick bounce here, then to trade an appreciated position into ????

DIsclaimer--I own NEPH and WEMU, have owned NEP, and may be buying (or buying more of) all of them.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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