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China Expert Technologies (CXTI.OB) looks poised to break to a fresh 52-week high after inking another $19 million contract:

It's always good to see a stock near its highs, but doubly so when that stock has a floorless convert on the books.

At this pace, CXTI should clear the convert soon and start to be judged on its strong fundamentals. For more details, take a look at the amazing coverage on this stock over at the pink sheets blog.

DISCLOSURE: I am long CXTI.OB.

Source: China Expert Technologies Lands Another Big Contract (CXTI)