China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[value1008]

So even if CKGT does only 0.40 EPS in 2010, barely any growth y/y due to dilution, the stock of this still quite profitable co. does not deserve a forward P/E of 4. It's clear that the market is being excessively punitive on the China growth stocks space. Just give this a reasonable forward P/E of 6 and CKGT's back at $2.40.

We're seeing "irrational pessimism" here-- a great buy opportunity just as we should be selling when there's "irrational exuberance."

JMIO (just my idiotic opinion)...