Replies to post #3388 on China BioPharma Corp (fka CHBO)

[siaubas]

MMM, it will go to .005, if you're lucky. Otherwise, .007 or even .01 could become our new floor. Things are changing everyday, it all depends on what level we hit a ceiling. And, yes, there is a chance for .002, but only and only IF dilution starts again. However, in that case I wouldn't touch it even at .002. Many people lost their fortunes here, myself included. I'm still quite aways from my average, and I will continue to add and hit the ask. I believe that this time it's different. Like I mentioned before, a reverse head and shoulders has formed, which is very bullish, volume is picking up, shares are scarce, a breakout is in order... Don't miss your chance to average down, IMHO.
Wishing you all the best in CHBO as well as Happy Easter/Passover.
GLTYA

[Alyssa]

OK, OK, you are a very good moderator and I get it. I'm holding a bunch of ugly shares at .40, but have bravely been adding whenever I have some spare change.

Crossed above the upper Bollinger Band on Friday, so that's good from a technical standpoint, right? That, along with the bullish indications Siaubas mentioned, maybe it's about to go KABOOM.

We shall see. On 4/10/08, this closed at .55; two years ago $14.00!

An excerpt from the 10Q: "Thus, we have undertaken EFFORTS TO DEVELOP MARKET RECOGNITION FOR OUR STOCK. As of March 23, 2009, we had approximately 1,500 stockholders and our market capitalization was approximately $0.2 million."

I will look forward to those "efforts." Even if the possibility of further dilution is keeping shareholders away, the market cap seems extremely low.