Replies to post #16739 on China Growth Stocks

[CSykes]

CNOA $.69 was break

[researcher59]

CNOA +.03 to .72 .... I've been bottom fishing. Stock seems to have made a bottom in the high $0.60's and could make another run, perhaps as soon as January. There may be some tax loss selling pressure till year end when considering the stock was trading at $1.40+ on heavy volume just a few weeks ago.

Q3 EPS of $0.06 and 9mos EPS of $0.15 - Q4 is seasonally strong and should match Q3 results which would put EPS at $0.21 for the year. At the current price of $0.72, that puts the PE at 3.4 !