Hi, why is this one dropping so badly? can somebody share your view?

I thought it is doing LNG filling and transportation business and the
drop of Crude oil price shouldn't post big risk to its business.
Besides, The oil price is still very high.

I have also tried to figure this out. This company has such high
promises for the future its really wierd. Maybe its some profit taking
which is going on here. Could also be that the value is decreasing
because there has been rumours about the company issuing new stock in
connection with its NSDQ listing ?

anyone ?

Stock price manipulation.  Look at the volume today.  Someone's
dumping to drive the shares down (downward sliding of prices causes
other smaller investors to dump their shares, further lowering the
price), likely for the purposes of buying back the stock at low
prices.  At then end of the trading day (15 minutes ago), suddenly now
there is a press release about the opening of 3 more CNG stations.
Coincidence?  Let's see how the stock price moves tomorrow.

Do you have a link to that press release ?

People, do your homework.  The LNG plant will not be completed until
the first half of 2009.  Don't expect it to add to the bottomline
until late 2009 or even 2010.

 Gasoline prices are still controlled by the government, and while
they have increased, one would have to calculate how much gasoline the
average vehicle uses to figure out whether there's sufficient
financial savings by converting their vehicle's engine from gasoline
to NG.  Luckily the government is encouraging NG usage.  While oil
prices are high, it doesn't drive an overnight switch to NG usage.
But there is an effect, which is evident if you've been following the
revenue growth since crude oil's price rise in the past couple of
years.  It IS adding to the earnings already.

I'm baffled by how many people on here are confusing a company's stock
price with the company's earnings.  While they are correlated, they
are NOT the same.

I have read an article about CHNG on www.invest18.com, it mentioned
about the new stock issues after listing on NASDAQ.  The article is
informative, it may gives you more perspective.

OK I bought in at 4.70 but it looks like it's STILL dropping and no
signs of stopping. Should I get out on this one? Looks like it's gonna
tank.

Everything dropped this week.  Consider that it's between 4.60-4.70,
and you'd realize you're pretty lucky it hasn't dropped more.  If you
keep selling every stock you buy when it goes a little lower, you're
never going to make any money in the market.

Step back from the charts and ask yourself if the fundimentals behind
the company have changed. If not, then why are you allowing the maniac-
depressive, Mr. Market to play with your emotions?

If you're investing emotionally, or on any basis other than company
fundimentals, there's a great website that I can recommend for you:
http://dailystrength.org/c/Gambling-Addiction/support-group

I agree but at the same time why aren't the fundamentals translating
into the charts...it's BECAUSE of the fundamentals that I invested
into chng at 4.70. ultimately though, money is money and if I don't
see results regardless of the fundamentals, what difference does it
make?

okay well lets see internet you invested at 4. 70 so clearly it was
recently. ask yourself this what type of investor are you? are you a
day trader or a regular smart investor. becuase if you are then you
should know to hold stock that has great fundamentals and an even
better outlook for more then at least half a year. if you want to
whine the entire 6 months then im sorry but theres nothing anyone can
do for you. fact is is that this is a great company and if you can
find single flaw with it like maybe its pipeline blew up then go ahead
shoot. If not then there isnt any reason why this company and its
stock shouldnt do well in the future. but whatever theres nothing i
can say to you except sell if your going to get into coward omg my
stock fell a dollar panic mode. the smarter investor will make money
the other wont just how it is you choose what you are.

You have to look at things from a long term view point.  Just assume
that your money is going to be tied up in this stock for 6 months.
The stock could move higher due to the fat cats manipulating it, in
which case, you might can sell it off next week.  Good things come to
those who wait.  Patience pays.  Sometimes it is good to just commit
some money and forget about it for a few months.

Motown

Uhm actually I invested when it was 10.30 a year ago and sold about 2
weeks ago when it was 6.10 and reloaded on the stock at 4.70. So
yeah...I've been following this stock for a much longer time. More
like I'm worried because the stock dropped over 50% and it's still
dropping, not because it dropped $1.

You have to interpret the "context" of a stock.  At that time, 10.30
may have been justified (or at least SEEMED) justified because at that
time, most investors were bullish.  In a bull market, it probably
could go into the double digits.  There may have been more press
releases at that time, or articles about the company.  Etc, etc.
Point is, in the context of today's market, the lack of recent news,
and the possibility of share dilution (which I don't believe to be a
significant hindrance to the EPS at its current growth rate), the
share price is depressed.  However, the company continues to expand,
it has a solid, steady, and reliable business model, and there are no
known significant hindrances to its growth (no competition in its
region, government backed, increasing price advantages vs oil, etc).
When companies start showing recovery, and investors aren't so fearful
of investing anymore, the stock price of CHNG will rise as well.  And
pretty quickly.  At a current PE ratio of 12.4, a conservative
estimated 2008 growth of 70%, and an LNG processing plant scheduled to
start operations in the first half of 2009 (and profit margins as high
as 80%), I don't see how there's much force to drive it lower.  So
far, the only "negatives" I see are that the company is not putting
out a lot of press releases (no hype), and it's not yet listed on a
major exchange (and hopefully that changes by the end of summer).

Just bought another 100 shares at 4.44, long term looking amazing and
this baby is a long term winner. I really don't care about short term.

if anyone wants to look at this stock technicly then the stock has
usually had a burst after a decline anyways the olympics are coming up
they want to list themselves on nasdaq and the next earnings which
include 3 more cng stations should be amazing. if you want to scream
bloody murder fine but i would take advantage if anything.

What do the olympics have to do with natural gas?

http://www.ens-newswire.com/ens/apr2005/2005-04-18-04.asp

The Olympics will be used as a green energy showcase, demonstrating
alternative energy technologies.  The Chinese government will likely
use the Olympics as a way of getting the word out to start using
cleaner energy sources, again, such as natural gas.  Part of growing
the usage of natural gas is promoting awareness of it and its
advantages.  There is no bigger stage to spread the word than the
Olympics.

Well, I dont know about how the rest of you feel, but I just doubled
my position and averaged my price down to $4.50. The first time I got
in for CHNG was at $4.19 a long time ago, sold at $14. Please take
into account that the company will issue earnings in about a month, if
the company keeps the growth expect a jump in sahre price in the range
of 20-30% given the low price the stock has right now.

Hope everyone is buying.

if you intended on doubling down, you should have waited a bit longer.
this thing is still going down.

Ahh... finally someone who speaks the right lingo.  The 'hype' over
this stock and its industry has passed.  Now, earnings are the key.
If they can manage something better than .10 a share EPS, than we
should see some pump.  I personally sold back at $7 a share, but it
could easily reach that mark again if earnings are good.
Les not forget, they are on the retail side of natural gas, so prices
going up or down doesn't really affect a whole lot of their business
since they operate on a fixed margin comparable to other gas
companies.  They don't discover the gas, they just sell it for the big
boys.  I have a few friends who still own this stock tho (on my recc)
so I'm pulling for it.

CHNG is being dumped, as people are buying its competitor SINE
instead.  SINE will beat CHNG to the NASDAQ, they are scheduled to be
there by October.  SINE is forecasting $1.00 Per share fully diluted
for 2009, is sellng for $4.99 a share.  Better value.

I don´t really agree with you. If you look at the price chart of both
companies you will see that since the June 9 when CHNG strong price
decline, SINE price declined and the volume traded was low compared to
the volume being sold by SINE. If there was a real move of investors
into SINE, which doesn´t compete with CHNG, they operate in totally
different cities, SINE´s price would have increased instead of
decreasing 20% during the period were CHNG has lost about 30%. My gut
feeling and from following this stock (CHNG), if you analyze the price
change a month-month and half before earnings release you will see
there is some strong selling. Then they release earnings and the price
per share jumps a bit. Given the volume traded for this stock, any big
fund can manipulate the price just before earnings, dump their
position, buy 10, 20, 30% cheaper and make a profit once earnings are
released.

On the other hand, I feel the market  situation at the time encourages
people to move from stocks to cash. As for growth potential and high
returns, from a business model view both SINE and CHNG are good
companies to invest in the long run. The difference between companies
is that CHNG is focused in the distribution of natural gas (pipelines,
wholesale stations and retail stations), while SINE is involved in
many lines of business related to LNG (Transportation trucks, storage
equipment, systems related to storing equipment, processing plants,
LNG stations among others. I like more CHNG business because they have
focused on a more specific business model while SINE seems to be
shooting around in a bunch of different business. Some of this lines
have competition (trucks, storage, etc) since they do not have to deal
with licenses at least to my understanding vs a distribution business
where in a specific region you receive a licenses and you are the only
one selling a product (monopoly). If you analyze the business lines
where SINE and CHNG have monopolies (stations), you will see that the
license CHNG has is in an a city (Xi´an) that to my research has about
8.5 million individuals compared to SINE (Wuhan, Pingdingshan,
Xuancheng, Jiaxing) which I believe has access to about 1 million
individuals.

From a P/E stand point both companies have interesting valuations,
both have strong growth, both are going to get listed on NASDAQ by
years end, etc, etc. The question you have to ask, is which has a
better business model for the future? For me, it is CHNG.

Nice thoughtful post CR.  I think stations will become a big part of
SINEs business as well as CHNGs.  Long-term both should do well.  SINE
has shown more momentum recently putting out 2009 estimates and
pushing openly for NASDAQ.  So maybe current buyers are focusing on
SINE.  I am comfortable holding both, but would appreciate some info
from CHNG on the status of their  NASDAQ listing.

That's an good analysis, cr1982, but not one that I necessarily agree
with. SINE is aiming for a vertical integration in the regional CNG
supply chain. They intend to operate and supply all levels of the
business from production to wholesale to distribution with the
exception of the natural gas wells themselves, which are run by
subsidiaries of PRC's big 3 oil companies.
This includes: CNG processing plants, CNG pressure containers, CNG
trailers, CNG wholesale stations, CNG retail stations, and of course,
engine conversion kits.

By contrast, CHNG appears to be focusing their current efforts on just
two levels in the supply chain: CNG retail stations, and a LNG
facility. The LNG facility will provide CHNG with revenue, and may
also assist them in expanding the geographic footprint of their
filling stations business.

SINE's vertical integration will allow them to manage risk and
diversify their sources of revenue. CHNG's horizontal integration
allows them to concentrate on the (presumably) higher-margin retail
businesses but also exposes them to a degree of supply chain risk.