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pappy

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pappy

Re: backtrax post# 319

Saturday, 07/24/2010 10:19:47 AM

Saturday, July 24, 2010 10:19:47 AM

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SNBP was my only loser Friday as Chinese stocks in general rallied off a very oversold pps.

SNBP had been very strong before most other China stocks & it seems has decided to consolidate some ahead of a earnings report that will probably beat companies $0.03 estimate for this year by a penny.imo

Its the longterm potential here that holds my interest as many strong new products are starting to enter the revenue stream.

A strong earnings report coupled with a update on new products release could push the pps to $0.50.imo
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