I'm spreading the word about this stock because I've exhausted myself
looking for a low-risk, legitimate Chinese investment & figure a lot
of others are as well.  Check out CHCG for yourself.  I feel I need to
be invested in China because the growth prospects in the U.S. will be
limited for 2008 due to the housing situation.  I own this stock, and
here's the reason:

- over $300 million in revenue expected in 2007 (had $148 million last
year)
- $0.50 per share expected in 2007
- signed an agreement with Best Buy in June
- plans to list its shares on the Nasdaq by the end of 2007
- trading at $5.35 per share; P/E ratio is 11x 2007 earnings

I couldn't believe it when I found it.  I bailed on ORS (also with
excellent growth potential) to buy this one.  I'm done for the year --
will just sit back & profit until I feel the stock is overvalued (in
the $30's, $40's?).

Check out the company's website for yourself: http://www.china3cgroup.com.
The reason (presumably) it's trading at such a low multiple is that
it's an OTC stock.  When it lists on the Nasdaq, look out.

Anyone aware of any reasons behind the recent decline in share price
against what appears to be good results?