Weikang Bio-Technology Group (fka WKBT)

[pappy]

$4.04 down $0.36 or 8.18% on light volume of 3,900 shares.

After showing excellant 2009 results the pps made a very quick spike to $6.99 on decent volume only to come down to test $4 support once more 3,900 shares traded.

The stock presently is attracting no buyers but the company is obviously working on getting the stock listed.

The company also expects growth to continue & if that proves true current holders will reap some excellant returns by just doing nothing or adding to their position.

The problems that bspm is now facing may be effecting wkbt in a small meassure as no one is obsorbing the very light volume of selling pressure other than the market maker.

I will continue to hold but if 1st qtr numbers show this excellant growth is continuing I will be compelled to increase my position quite dramatically since my current position while increased is still quite small considering I like to buy the big revenue growers cheap.