I think my perspective on CKGT is different than many others here...
CKGT has given back some gains from it's all time high of $3 set in the first week of January when most China small caps also put in their YTD highs also. But it's still more than double where it was six months ago today.
I see strength in it's lower volume selling days, not weakness.
I see a company that's in a high-growth niche market with attractive products that are surpassing management's sales expectations early on, with higher margin products set to launch.
Short term (days/weeks) means nothing to me beyond the opportunity to add a few shares here and there to my position.
If CKGT hit $2 today it wouldn't concern me in the least because I know what I own and have confidence in my research of the company and it's ability to continue and perhaps even accelerate growth in 2010.
If I worried about every little uptick or downtick in a thinly traded low float, unknown stock like CKGT, I'd drive myself nutz.
“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”
Warren Buffett