China Direct, Inc. - Building a Portfolio of Emerging Chines Message Board

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Strategies & Market Trends : China Direct, Inc. - Building a Portfolio of Emerging Chines

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To: Torah Wolfe who wrote (1)	4/6/2008 4:38:13 AM
From: Rock_nj	of 8

I'm in at $8.10. No pullback to the $6 range, a bullish sign for the stock. Next week could be interesting with 1.9 Million shares short. Hard to believe they won't cover before the move to NASDAQ on Monday, April 14th. Perhaps some shorts aren't paying attention to their CDS position, and are in for a big surprise over the next two weeks? Apparently, CDS will be releasing Quarter 1 earnings in early May. I know it's only a month after the recent earnings release, but that's what I'm reading, and they are suppossed to be good. Also, traders are saying the market will soon start focusing on 2009 earnings, and that's good for a company like CDS who is expected to be making more money this time next year.

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