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joanie

10/13/11 12:46 PM

#1730 RE: pire #1729

I think the timing is right. The whole China issue has resulted in tougher requirements and greater scrutiny,and while that cost us delays, that ultimately works out to the benefit of everyone. The market seems to have put in a base, and while we're certainly ripe for a pullback after a good long runup, that's neither here nor there.

Given that Tsingda wants to exhibit price stability on the OTC for 6 months so that they can get onto the Nasdaq, I'm really glad they didn't go public in recent months. The down turn we've experienced would have wreaked havoc on the the stock. AFTER a correction feels like a good time for entry. I feel positive about the timing of this far more than I've felt since the spring.