Replies to post #540 on China North East Petroleum Holdings, Ltd.(fka CNEP

[jimbonano]

I can't see any reason for resistance at these levels and I can't imagine the market makers caving into pressure from shorters.

Reason being - there is no shorting logic/reason/validity when a company has all this growth and a horizon of positive potential.

Some else must be going on - perhaps the Chinese Government is holding it at these levels, because (as I-Man said and I agree) this one should be rocketing into the double digits by now.

Other ideas out there ??

Jim