Added to the GeoBargain list on May 15,2009 @ $2.70
Peak performance: Reached a high of $8.63 on January 6, 2010.Current Price: $4.80
CMFO shares are weak today. We are speculating that this may have something to do with investor uncertainty regarding an article questioning the accuracy of CMFO reported sales numbers in the United States vs. those reported in China. We feel it is prudent to remove CMFO from the GeoBargain list until we gather more information on this matter. Also, 2010 analyst estimates indicate that EPS will grow less than 30%. This is a difficult decision, but we can always revisit the story again once the dust settles.
We are working with individuals who will discuss this matter in more detail as it relates to the entire ChinaHybrid space.
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