I have been buying stock in this company for a few weeks from $ 1.10 - $ 1.25 now total shares owned = 50,000 and holding for Long Term and buying on any price drop down to $ 1.50. Looks like this little company will be a winner for the future. Looking for $ 2 then time to sell and make a nice profit. Congrats to all who held through this mornings announcement.
Agree. I'm also a long-term investor in CHLN and have been for several years. We'll need to be very patient, however, as the stock is thinly traded and will likely continue having difficulty getting traction due to that and the fact that it is a Chinese small-cap. Fundamentals should win-out in the long-term and we will reap rewards eventually, but this is definitely not a play for the short-term trader or investor.
I wouldn't get to greedy here. Did you happen to read the conference call transcript? The Q&A section. Operator asked for questions and there was no one in the cue. No one is interested in the company or most Chinese companies. THey lost the trust of US investors a while back...no one believes anything they report anymore because there's no real way to verify anything. If you knew what I know about what goes on there (have a good friend who managed a hedge fund which invested heavily in China), you would be stunned. This one offers some good trade opportunities but I wouldn't be married to any of these long term because one day you may wake up and find that the company has delisted and no longer trading and it was all smoke and mirrors.