China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[Traderfan]

Difficult to say. As you remember when we were selling down from 2.40 after the prelim numbers back then I was cautious in buying because I thought we will go lower when we actually get the 10k.

So now we have been already lower all the way to 1.95 so I guess that with 12-13 cents we won't go below that mark. Depends on the seller and how aggressive he will be in the next few days. If we fill the gap I think it will be a very very quick fill intraday and we will go back up to 2 immediately. That's my guess.

I have bids in at the gap area but I don't need these shares. I have enough already. We need some good cig news to get this thing rolling again.

If they come in with 15 cents for Q4 I think we will go up from here but it's basically impossible to come up with 15 I think. I'm talking about fully diluted of course. They did 15 cents FD in Q3 and we know they will do less in sales in Q4. So factoring in the one time gain in Q3 which was about 2 cents I figure 12-13 cents is realistic except they had a nice gross margin increase in Q4 compared to Q3 but that is unlikely. IMO