Replies to post #403 on China Energy Recovery, Inc. (CGYV)

[Ecomike]

Take a look at the 4-5 year chart and where the P/S came from. WOW! $2 may be very conservative. I guess it depends on the OS and the expected earnings, which will depend on revenue growth. But it is likely to overshoot on this rally, and may just reach $2-$3 this month if we have a blow out market wide rally the next 2 weeks, like we did in Sept 09 OPEX. Then a big pull back early next year.