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Re: pappy post# 55

Wednesday, 12/22/2010 9:59:28 PM

Wednesday, December 22, 2010 9:59:28 PM

Post# of 18067
CKGT. Ok pappy, you got me there. That situation has me confounded more than any of the lot. I have a long history with that one, probably the longest of the bunch along w XNYH.

I picked it up as an upstart with great potential, I thought, at .23 and reluctantly sold in lots over a few weeks around avg 2.43... things were headed south it seemed, clearly, and with staying power..

whew.. that was one of the best moves of the year as it turns out.

I've been following closely ever since and often thought of biting the bullet again and pulling the trigger, but something inside me keeps telling me the bottom isnt quite settled in yet...

Once again here, the numbers are great, dilution minimual and necessary to a degree and going forward there CKGT has a unique je ne sais quoi potential. One has to admit too much kooky stuff going on like firing hawk, hiring a terrible replacement, then going back to hawk, best PR ever out of hawks mouth comes out... bottom line I'm not sure the bottom is settled in here yet but if it gets down into that .75-.80 range I will be forced to yank some funds from somewhere and bite again. I dont want to wish bad upon your holding. I think it will correct and correct well in spring 2011, maybe even January when all this tax selling riff raff is over.

Small cap China still has a black cloud following it all over the sector, I dont think any of us will dispute that. Honestly, I thought this would correct this fall, and it has to some degree, but the shorts and paid bashers on the smaller stocks have been going to town still - Seems like we have a classic bulls v. bears straight up shove match coming up right away in January 2011 -

Appreciate your input pappy.

malc

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