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deathtotaxes

09/12/07 9:27 AM

#96 RE: Step-by-Step #95

OT Banjo:

Here is my favorite board on IHUB.. http://investorshub.advfn.com/boards/board.asp?board_id=3251

for the most part everyone who posts offers up some great DD on stocks. It is a well run board with almost NO nonsense. If you read and filter the info you should do pretty well. The VMC board is a good place to ask questions about the financial's of companies.

CFSG is a unique situation in my portfolio because I was involved with starting the company that CFSG merged with. Therefore I am in at a very low price. I don't have any inside info nor am I in contact with current management so my opinion is based upon what is available to you or anyone else. They still appear to be undervalued on a P/E basis and still not widely followed. I don't think they are way undervalued here and if I was to buy I would buy a portion of my position to start and wait for a pullback if it comes. More often than not stocks do pull back. With a strong overall stock market I can see CFSG trading in the low teens for now. The do suffer from the general unease of Chinese companies not being as transparent as we would like. The growth of revenues and earnings has been great and if it continues the stock price should follow. I also like the very low float.

Most of my investing in the past few years has been in ETF's to lower the risk of individual stock blow ups. CFSG GUFR EKCS are a few of the exceptions.

Good luck to you..