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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (28594)10/17/2007 6:56:48 PM
From: InvestingInChina  Read Replies (1) of 78742
 
Agreed- a lot of China Pharmas popping up out there.

But CHME.OB appears to be worth a look due to the government's support of their new product development:

"These selected six projects will receive financial and other support from the provincial and local government in order to assist in the rapid commercialization of the technologies."

Mr. Shenshan Yang, CEO of China Medicine stated, "Our ADTZ project has made tremendous progress and we believe that the financial and political support of the government will expedite commercialization of the product. We look forward to working closely with the government and a successful product launch."

biz.yahoo.com

I have a small position in it that I started today. I appreciate pros and cons on what others see as I'm considering adding significantly to what I bought today.

I hope I'm not taken as a pumper! I do get a bit enthusiastic when i post about what I believe is an undervalued stock.
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