China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[pappy]

I feel your pain.

CKGT was by far my biggest loser over the last year & I held my shares expecting better sharevalue decisions by management.

Today CKGT is grossly undervalue with excellant growth ahead but nobody seems to care.

Today wkbt another amigo for 2011 gave preliminary 2010 results of $77.8M revenue & earnings of $32.2M or $1.04 eps.

They also expect 30-50% revenue growth in 2011 with 60% gross margins.

The pps of wkbt jumped all the way up to a pps of just over 3xcurrent eps before closing well below its high for the day.

Some stocks in our space are moving up while others like wkbt & ckgt barely move on outstanding forward guidance.

I think the wasteful use of shares to raise pitiful little money has done ckgt in until they prove they will do better in the future.

Those shares are now overhanging the market at a time of little investor interest.