China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[Headley Lamar]

Agreed, we are not far apart. I saw little short term upside to holding shares and, to the contrary, a potentially large selloff depending on how the market reacted to the news. If this was interperited as another Chinese company that was hiding bad financials, regardless of whether or not I thought that was the case (which I did not think was the case) the stock could have easily taken a 30%+ hit overnight.

Thankfully the market proved to be more savvy than I gave credit for so I will have to jump back in at the right time. If I lose .10-.15 a share, so be it.

I have seen many thousands go up in smoke at the hand of market sentiment - so I play the finacial news game conservatively.

Like I said though, I really like the company long term.