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Traderfan

12/23/09 4:30 PM

#19101 RE: Huggy Bear #19095

CGDI, I got 900 today at below 31 cents. Unfortunately they only partially filled me. 900 is a big joke.
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BiotechValues

12/23/09 4:34 PM

#19107 RE: Huggy Bear #19095

malc stone- re: CGDI

I really don't know if it's the bottom, but it's certainly gotten STUPID CHEAP here.

Since reporting a very respectable q3 with positive statements about q4, the stock has sold off on light volume. Part of the problem has been management's lack of press releases since their pr over 4 months ago:

China Growth Development Achieves Full Occupancy of Newest Shopping Mall, Primed to Add 1.9 Million in Annual Revenue
http://ih.advfn.com/p.php?pid=nmona&cb=1253209832&article=39033833&symbol=NB%5ECGDI

I also know that their largest US investor visited their malls recently and sent me updated pics of their malls- he said the places were packed with people.

I'll try to post more on it later, but for now lets just say I feel very comfortable buying here.

And if I have time I'll get the pics of their properties up on the CGDI board tonight. (Still trying to wrap presents today)