China Energy Savings Technology (CESV)

[coffee221]

None of this is really surprising. Sun Li had way too many shares and now this development makes it clear that percentage will come down, which is a good thing in the long run. Also, they were planning a large PP for some time. I'm actually surprised it is not bigger.

In a nut shell, the flood gates have opened, which many expected. The big boys can now buy as much as they want and cheap.

Based on all the developments, it is probably going to take a year to consolidate all the share issuing. I'm expecting the general market to stink it up in 2006 so perhaps it is just as well. Meanwhile, CESV will just keep cranking out eye-popping numbers and more and more value investors will flock here. The next year is all about building a base for lift-off, no pain no gain. Just my IMHO.