Replies to post #1960 on China Health Resource, Inc. (fka CHRI)

[downthehatch]

Good answer, Harleyman.... and I also think that there is likely a bit of tax loss selling this time of year, holding this one back.

Don't forget that a LOT of shares traded earlier in the year, at prices over twice the current price.

In my opinion, we will have to finish the tax season, and then break through some heavy resistance around .09, before this one can really take off.

GLTA

[germoney2]

I completely agree to Harleyman,

CHRI always reports on progress, not on wishful thinking, and has complied to everything I would have wished for. Just look at the CEO-video-message from April/May. When they had no PR-agency last year , we complained as well, so what do we want from them?

A PE of about 1 presently is normal for the whole sector, so basically they are priced "in line" with all the other Chinese Microcaps. And if you include the factor of year end tax-selling, the price is really ok, and leaves a lot of upside for 2012.

Best choice if you want to be in this space, and if you don´t want to be in, then do not touch anything here.