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pappy

07/24/10 10:19 AM

#320 RE: backtrax #319

SNBP was my only loser Friday as Chinese stocks in general rallied off a very oversold pps.

SNBP had been very strong before most other China stocks & it seems has decided to consolidate some ahead of a earnings report that will probably beat companies $0.03 estimate for this year by a penny.imo

Its the longterm potential here that holds my interest as many strong new products are starting to enter the revenue stream.

A strong earnings report coupled with a update on new products release could push the pps to $0.50.imo