Replies to post #995 on China North East Petroleum Holdings, Ltd.(fka CNEP

[Shengli]

This is not a bad place to enter the stock. I thought the same on friday..I do not want to hold because this stock could go below 4 again. It probably wont but i think some shorts have piled on. Remember when the other China stocks were being shorted to the gills , Nep was not trading. I wish i would have remembered that on Friday. There are just to many other plays like CCME and UTA TSTC that look like the have put in a solid floor.The trading ground is still shaky with NEP

[bUrRpPPP!]

It's difficult with such a volatile stock that has been halted for nearly 4 months....but the downside here is maybe another 10% imo...and the upside is easily 100%++....so depending on your time frame picking up some Jan calls is a relatively "safe" bet imo. I added some Jan $5.00 today @ .60