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Re: None

Friday, 12/04/2009 11:45:01 AM

Friday, December 04, 2009 11:45:01 AM

Post# of 412
Thought I'd go ahead and start this board because of the potential that I think CALI has, both in the short-term and the longer-term. As I write this, the past few days has shown tremendous buying in the China Auto names like CAAS, WATG, SORL, and TXIC. CALI has been left out of that movement for the most part, but do they deserve to be?

It's one thing to be an auto parts player like the others, but CALI has its own niche - selling cars as well as their high-margin automotive web presence. It's the latter that's experiencing rapid growth for CALI, and they're very excited about it. It's not a stretch to think that CALI is or becomes the AutoTrader of China, and they certainly have first-mover advantage.

Trading at 4.35 as I write this, it should have a good 50% in it within a month or two, and 100-200% further ahead.

Solid DD combined with timeliness and conviction is a recipe for profits.