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

[rru2s]

NEP posters on other boards have said recently that they would buy more under 7, if that is any general indication (obviously not a representative sampling). So far, today does not seem to represent any NEP company-specific reaction but rather a broad market mini-correction triggerred by investors being fearful of market reactions to China slightly raising interest rates -- but that news alone does not significantly change the predicted earnings or profits of NEP or other microcaps in China.

If the news is an isolated event, maybe the minions over at GS and JPM won't jump out and contrive a bunch of additional gloom and doom spin articles to attempt to influence bearish bets on the market direction.