China-Biotics, Inc. - CHBT

I notice China-Biotics, Inc., stock symbol CHBT trading at or near historic high price values on increasing volume. I recall reading that China-Biotics, Inc. is a Chinese company in the probiotics business. I interpret quarterly balance sheet shown at http://finance.yahoo.com/q/bs?s=CHBT as a high equity growth rate, high growth rate of cash and net receivables. Overall I interpret the financial statements as net income, revenue about unchanged, assets, equity, liabilities increasing.

Recently I notice a number of Chinese growth stocks trading at or near historic high price values. Chinese growth stocks may be a leading group.

I do not own CHBT stock nor do I intend to.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2585016 \img>

 

They are killing it today. Rumors abound.
Death is certain Life is not.

 

Congratulations! You're qualified to get a analyst job at a firm that is "too big to fail".

 

There was an article in a chinese newspaper calling CHBT a fraud.

 

LOL it trades at 70 cents now.

 

It's amazing that some of these dogs take so long to die.
Still many around, but no stock to borrow and no options.