InvestorsHub Logo

inmyopinion

02/07/07 8:57 AM

#7906 RE: chunky-g #7905

Agreed. I'm adding on the dips. This is still the best story in Chinese penny stocks right now. They are about to produce the most popular tv show in the world in the most populated market which is experiencing accelerated growth and not a lot of people are that aware of it. Looking back, I believe everyone on this board will wish they tried to own a bigger chunk of this company back when their market cap was still under ten million. Whether they will leverage this into something really huge or will they ride on the success of the show and try to cash out remains to be seen, but I think they have given away enough shares to people in China to get the government to allow them to produce the show. So they borrowed a few million from us last dilution to secure the rights. So they borrow a few more to produce. It keeps them debt free and once the revenue stream overcomes the share price, they won't want to dilute, they'll want to get rich off their stock. I'm not upset with what they did with the last 25 mil shares. They secured the biggest show in the world. My feeling is I can't find a more compelling plan out there at 100 times the pps. I buying and holding at least until May, hopefully much longer. Of course this is just the way I see it.