China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[pappy]

$1.40+$0.21 or 17.65% was done on above average volume of 98,420 shares.

Although the pps made a upward spike on the charts the volume was not convincing enough to call this a breakout yet.imo

It looks to me like some relative value players are rotating funds into laggards.

CKGT surely qualifies as a laggard still down over 50% from its previous high @$3.00 in spite strong revenue gains so far this year.

As 3rd qtr numbers comfirm that the 3 pronged revenue thrust from beverages,animal feeds & cigarettes is real & that margins are continuing to improve from the awful margins shown in qtr 1 I look for continued upward support for the pps.

And yes these 3 pronged revenue drivers should occupy most of managements drive to increase current results.

However at some point I still believe "personnel care products" will be needed to propel growth thru the rest of this decade.LOL

It is hard to get information from management that is reliable since I have been told in 2008 & again in 2009 that personnel care products would be launched.

My latest e-mail inquiry directed at the vice president has gone unanswered but was delivered in his direction.