China North East Petroleum Holdings, Ltd.(fka CNEP)

[BigOnChina]

I want to give them the benefit of the doubt, I really do but somehow I think there's more to this story than the company has told us. Maybe that's why they've been silent for so long.

My first guess is a takeover of NEP by Petrochina. It would make sense for Petrochina to buy the company on the cheap which is exactly what's going to happen when the stock price falls drastically after trading resumes. This has "conspiracy theory" written all over it.

However, and more than likely, the company is actually operating normally but just has little regard for the fact that trading was halted. In a strange way, while chinese small caps have been hammered over the past few months, NEP hasn't budged. That's about the only positive thing to come out of this.

I think we'll get something this week. I'm just not sure what it'll be.