China Shandong (CSNH): Looking For Strength Next Week

 

 

October 29, 2011
Volume
XIII, Issue 102

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To OTC Journal Members:

China Shandong (CSNH): Looking for Strength Next Week

 

Many of you probably caught my special situation idea that came out on Tuesday to OTC Journal subscribers.

China Shandong Industries (OTC BB: CSNH) sports about $120 million in annual revs, $22 million in net profts, and $.50 in EPS. They make over 20,000 items of furniture and accessories that end up in the likes of Pottery Barn, IKEA, and other major names.

Suggested at $.65- we had a quick 20% gain, then the stock pulled back a little.

Today, I providing one of my famous video chart updates. Turn on your speakers, click on the link, and let me fill you in on how I see this idea from here.

Click Here, or go to:

http://www.emergingchinastocks.com/?pgID=video

Here’s my disclosure: I’m long this stock, acquired in the open market anywhere from $.40 to $.80, and looking to liquidate my position over $1 if the stock cooperates.

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