CHRI | Is China Health Resource Going To 10 Bag Again?

CHRI stock, OTC CHRI, CHRI shares, China Health Resource Inc.,CHRI Stock ChartSuspiciously, out of no where, China Health Resource, Inc. (OTC: CHRI) saw some extreme volume and trading activity on its penny stock Tuesday. A ten-bagger from 2010, shares of CHRI stock saw some ridiculous volume trading in bits and spurts during the course of the session on, like every other Chinese penny stock, no news or new SEC filings. With a history this year of seeing China based companies go ballistic off of random awareness campaigns, traders must be watching closely for this multi-million dollar herbal medicine seller to hit the streets running tomorrow.

Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!

CHRI, CHRI stock, OTC CHRI, CHRI shares, China Health Resource Inc.,CHRI Stock Quote, CHRI Stock Review, CHRI Stock Chart, hot penny stocks, hot OTC stocks, penny stocks on the rise, China Stocks To Watch, penny stock alerts, OTC Stock Alerts, Chinese penny stocks to watch, Chinese penny stocks, high volume penny stocks, otc stocks to watch, penny stock to watchCHRI Stock Quote

Market Cap: 4.08M
Last: 0.023  0.015 (187.50%)
Volume: 4,730,134
Dollar Volume: $91,222
Open: 0.0126
High: 0.028
Low: 0.0085
Trades: 136
Authorized: 500,000,000
Issued and Outstanding: 177,435,953
14-Day Rel Strength: 73.89%
14-Day Stochastic: 76.42%

Looking for Hot Penny Stocks?
here To Receive FREE Penny Stock Alerts

In the last three years, China Health Resources has only once seen ts penny stock eclipse the 2 million shares traded mark and that was back in July, 2012. With excessive growth to its current assets of nearly 69% from December 31, 2011 to September 30, 2012, traders must be pondering the chance that CHRI stock is about to see some high level IR action.

As of September 30, 2012, China Health Resources had a reported $1.17 million in cash and another $6.12 million in accounts receivables. Total current assets nearly topped $23 million.

Liabilities during the course of the nine months ended September 30, 2012 did however grow much greater than current assets did; $9,857,579 from $2,680,185. Regardless, the Company was on pace to report comparable sales to 2011 with $19,657,963 in sales as of September 30, 2012 compared to $21,747,210 for the same period the year prior.

The bottom line numbers were looking to come in weaker than 2011 with net income as of September 30, 2012 being just $2,089,523 compared to $4,678,026 for the same period in 2011. Not a bad situation to be in really when CHRI stock was trading at under .01 for most of 2013 — until Tuesday.

So what’s it all mean? It means have CHRI stock on your watch list for the pre-market on Wednesday. There is no reason the shares should have traded so heavily first of all, but the stock has also been on a slow slide from its recent high of .08 set in late January, 2012.

Maybe its just some herbal Viagra that got slipped into CHRI stock on Tuesday, but opinions think it was the beginning of an upcoming IR campaign with some front loaders ready to dump out on new buyers.

About CHRI Stock

China Health Resource Inc. and its wholly owned subsidiaries, Suining Yinfa DAR Industrial Co, Ltd. and Suining Yinfa DAR Planting Co, Ltd, are engaged in the production, manufacturing and distribution in China of herbal pharmaceuticals based on traditional Chinese medicine.

Click here to view the SEC filings for CHRI.
Click here to view the website for China Health Resource.

Last 5 Trading Sessions:

Date Last Change % Change Volume
03/01/13 0.0080 unch unch 4,500
02/28/13 0.0080 unch unch 66,600
02/27/13 0.0080 -0.0050 -38.46% 71,400
02/25/13 0.0130 +0.0030 +30.00% 26,400
02/22/13 0.0100 +0.0009 +9.89% 756,100


Bottom Line: CHRI stock should be at the top of the penny stocks to watch list for Wednesday with no exceptions. If volume starts showing its bullish head in the pre-market, tie on your pirated sneakers and get ready to run with CHRI stock until mid session for enough money in gains to get some Kung Pao Chicken for the whole family this weekend.

Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter

If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks

(We are 100% Anti-Spam and will never rent or sell your information)

Last updated by at .

  Recent Penny Stock News