Thursday, August 14, 2008

Great link on stocks that could double in China

Giant Interactive (GA) is on my radar but I have too much capital tied up in Gulf Resources (GFRE.OB) right now to purchase any shares. I agree with their philosophy re: GA. Definitely undervalued......the play is social networking in China + continued game development. It wouldn't surprise me, over the long-term, if most of the value of the company became dominated by their investment in, a chinese social networking company.

CPSL is mentioned in the above article as well :)

Here are a few charts of CPSL, which was up 9% today on their 2Q EPS announcement. The stock appears to be ready to begin a weekly uptrend, coming out of an oversold condition. The daily charts started ROCKING and ROLLING today on strong volume.

The CEO of CPSL owns 45% of the company so hopefuly his interests are aligned with shareholders :)

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