Zeev's Turnips Patch-No Politics (ZEEV)

[fabian]

$11s been key for GeeFree. Been waiting patiently for it to get taken. Today was poifict.
Punched through $11 with vigor [+7% on the day] and volume = double normal.
While anyting is possible....the considerable shorts in GFRE should not be unduly apathetic about this development.
F
this helped...
http://blogs.forbes.com/zacks/2010/12/02/chinese-fraud-concerns-keep-gfre-a-bargain-price/?partner=yahootix

Also,. you will note that while it seems like GFRE has been doing "nothing". In reality, it's chart has been in a solid uptrend with pauses to reflect along the way, ever since it bottomed at $6.40 a few months ago.
In fact it is up 72% from it's bottom. [last buy here-$6.62]
It's relative strength has been much better than the majority of its peers.
The two year time period for it to move from $.88 to it's projected goal of 10 X that price ends Dec. 20th.
At 12.5 X it's Dec. 2008 price currently, GFRE is ahead of plan.
And, it has a shot of equalling our biggest winner of all time, SFE which went up 60 X in 8 years.
Just over 6 years left to match SFE's performance and it now has to go up 4.8 X its current price in 6 yrs to match it.
Certainly feasable given GFRE is still only trading at 7.7 X trailing earnigs. GFRE would have to appreciate 24%/yr to do it.
Probable? Who knows.
Possible?, Yes:
15% earnigs/sh. growth per year = $3.33 eps 3 yrs out.
PE expansion to a 16 multiple gets you there. Price $53.28.
6 years is a long time. A lot can happen, so no chickens before they are hatched.
So far, so good.
How about other China SC stocks owned?
They will go to purgatory where they belong! [g]
Fabian