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At GEO, our focus is on providing high quality insights on mid and micro cap equities, both in the China and U.S. spaces. Since our inception, we have come to be known by our GeoBargain selections, a group of stocks with a specific set of criteria that has proven to help them perform better than... More
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  • China Bio Energy (NASDAQ:CBEH) Shares Gaining Momentum 0 comments
    Aug 5, 2009 1:52 PM | about stocks: CBEH, CNEP

    China Bio Energy (NASDAQ:CBEH) shares are rising today, approaching a 52-week high. The GeoTeam® coded the stock as a GeoSpecial on June 1, 2009 ($4.25).   We are speculating that it is quite possible that the company may be able to exceed its previously stated guidance

    Why?

    The company announced its 2009 business outlook at a time when oil prices were much lower than current levels. China Bio Energy manufactures biodiesel, a commodity with pricing that should move in concert with oil.

    China North East Petroleum Holdings (AMEX:NEP) is another company that some investors have speculated will also benefit from higher oil prices.

    Disclosure: Long CBEH

    Themes: Oil, China oil, GeoSpecial, biodiesel Stocks: CBEH, CNEP
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