China stocks CIND,CHRB. Message Board

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Microcap & Penny Stocks : China stocks CIND,CHRB.

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To: Tony Grier who wrote (265)	2/13/1997 11:07:00 AM
From:	of 303

Tony Well, the stock symbol is back to CHRB today, but this dog of stock is just sitting there!! Anydboy thinks we will ever make any money on this? Since the outstanding shares are now less than 5 million or thereabouts, I don't forsee any institutions picking up this stock for the following reasons. 1. There is not enough 'float' for them to take any substantial position in the company. 2. Institutions and mutual funds in almost all cases do not mess with companies trading at these levels. So the hope of getting a boost from institutional interest is almost a non-issue in my opinion (i hope i am wrong.)So this leads me to ask what will it take for us investors to make some money? Hell, I have no idea! Perhaps an earning surprise or two might do the job, if they can do it and ditto for revenue growth as well. Anyone knows, when the next earnings report will be out??????

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