China Growth Stocks

[rru2s]

LPH: Doubled my position today. I don't think Navellier or Red Chip know anything the rest of us don't already know about the demand for oil in Shanxi province and LPH's sales growth. But with the impending rate hike in China balanced against high oil prices, in the short term market sentiment is going to be quite volatile in this sector, not just LPH but all China stocks. However, when the dust clears, by the time we get to next earnings report things are going to look very good. My prediction is there will be a run-up after 2/15/11 release of earnings and those who bought in the mid-2.50s will see 1.50 profit.