Max Petrisek

China 3C Group Gets Catalysts From Best Buy, Intended U.S. Listing

I believe the argument that CHCG has a lot of vulnerability is correct. Their product has little propietary advantage and possibly little price advantage if any. Why should the big Chinese reatailers or Best Buy plan to use CHNG as their source of a commodity type product. Thers is a small case for some of the "old products" to be in vogue in China and not in the more advanced countries? Even CHNG states the Best Buy may add $ 2M/ yr. to sales. No big deal yet! I am a owner of CHCG but with some skepticism that they can have good returns even on big sales growth. The BB deal was just a small pip and then it melted away in a few days. That isn't a big selling point. What is the "BIG PICTURE?"