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Re: bUrRpPPP! post# 155

Thursday, 08/26/2010 11:05:33 AM

Thursday, August 26, 2010 11:05:33 AM

Post# of 485
I may be wrong but I think the PR that came out this morning about CHBT making the Top 100 Fortune list may be just what it takes to lift this stock above $15 for good. If this happens, IBD is the next list we are on!

If you connect the dots: insanely high short interest (3.5m+ shorts), insanely small non-institutional float (about 3.9m shares), strong institutional interest (16 new positions plus 27 increased positions as of last reporting period) that may get even much stronger with the excellent Q2 report, news about another bulk plant being planned and now the Fortune list which of course gets lots of institutional attention, you can imagine the Mother of all Squeezes that shorts will be in very soon (Burp has a nice acronym for that that I forgot).

http://finance.yahoo.com/news/ChinaBiotics-Ranked-Number-62-prnews-4104786231.html?x=0&.v=101