China-Biotics, Inc. (CHBT)

[viking86]

Hi Steve: good to hear from you again. Yes, the last few weeks I have been very busy following CCME and the amazing fast-paced events that have been unfolding there like SWITOW, insider selling, RegSho, Citron hitpiece... It's the 4th time within the last 5 months that one of my CGS stocks has been hit hard by a short attack, starting with CHBT, then UTA, then TSTC and now CCME. What's next?

I can only share your anger about this getting old and we longs have to watch this game over and over and lose much money in the process while shorts get away with it unpunished and making good money most of the time with their smear job. I agree that it's important that CHBT gets a top 4 auditor like PWC, not sure if that's true though b/c I havent heard any confirmation from Company yet. Hopefully we"ll know more in a week (if not sooner) when they announce Q3 results on a CC.

But unlike you I will not make the PWC issue a condition for me to stay or move on. I am in this stock for the long haul b/c of its outstanding growth prospects that in my opinion far outweigh the other issues, as evidenced by the many recent visits by top brass of other big players to CHBT's headquarter. I think that as a LT investor I can ride the ups and downs that will come along the way but the payoff in this case will be worth it probably in 3 to 4 years (if they don't go private or get bought out before haha...).