ENHD. Am I the only knucklehead who likes this stock? Well, the numbers are ultra impressive anyway. I own it. Its in the red for me. I expect it to stay down here for the rest of tax selling season, it has taken some big hits.
Perhaps its because they went public with the help of S3 and mr. james bickel. I suspect that this connection is and has been working against them. SIVC, his own damn company, is a complete dilutive POS. No doubt about that. Guilty by association? That, and they are really quite poor about shareholder communication. If they had any sense whatsoever they would focus purely upon uplisting to a higher exchange, but with the pps floundering around I dont know. Nasdaq has a minimum trading pps of a dollar, but what is the required pps to join the exchange?
They are now trading with a trailing P/E of under 2. If they could find their way to a better respected exchange perhaps they could get some proper valuations like HOGS and OINK. OINK is fairly valued at this point IMO, and HOGS is overvalued. ENHD is the sleeper of the industry, but until they can remove the black cloud that hovers over their head it may stay this cheep for awhile, and it may get even cheeper yet as tax season winds to a frantic end, esp in small cap china space.
Crappy 2010. Bring on 2011 and the 50% correction by spring!
malc
