Sinobiopharma, Inc. (fka SNBP)

[pappy]

"The dilution worries me and this bs late reporting in this nasty market is plain inexcusable."

You have mentioned two good reasons for selling this stock & I am glad you didn't lose money by selling.

As long as the eps & shareholder equity continue to grow at a fast pace in spite the added shares I will hold my shares.

They did report late last year as well. So while this is not something I like to see from a stock I hold. Its nothing new.

Much of being a successful company is having a strong highly qualified management team to guide & deliver results.

That is the main reason I made this my largest position,,,even bigger than hfgb & ckgt my next two biggest positions.

If management fails to deliver the bottomline growth I am expecting going forward or the pps hits my target I will sell.

If they fail to report by Sept 15th as I expect with excellant results I might sell.

Good luck with your remaining stocks in this harsh current market.

I believe China stocks will again return to favor before yearend.