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Florinda

04/15/11 8:27 PM

#298 RE: gabbs #297

Gabbs, no problem. Yeah, I hear ya. I own the stock and I'm not sure what I'm going to do with it. Some shares I can sell for a profit; some I can't. Doesn't look like it's going to be going too much higher any time soon. I've gotten hit twice now with halted companies and anticipate losing a sizable percentage in both. And with the environment in this space so sour, together with the losses on hand, I'm thinking about trying to make some trades to earn back those losses rather than my normal approach of buy and hold. So far, though, that hasn't worked too well. The pros are far better set up for it than I am with multiple screens, data feeds, level II quotes and an a well groomed mindset that is geared towards quick moves. I don't want to fool myself into thinking what they are doing is easy; there's definitely an art to it, let alone a different conception of how much cash to keep on hand to act quickly.

Anyway, definitely need to be cautious. Given your concerns, though, and given that I doubt you'll be able to get much more info on YONG, perhaps another company altogether would be the way to go. Indeed, it crossed my mind today that perhaps I should sell my YONG shares and trade them in for CHGY.OB shares. The latter has been beaten way down supposedly just because it's in the same line of business as PUDA. Have to check it out further, but it seems like it has the potential of jumping up enough on earnings to make back my loses I've incurred with YONG.

Good luck--we certainly all need it these days.

Steve