China Natural Gas, Inc. (NASDAQ:CHNG)
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The Company distributes and sells natural gas to commercial, industrial and residential customers in the Xian area, including Lantian County and the Lintong and Baqiao Districts, of Shaanxi province of The Peoples' Republic of China.
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A few mediocre quarters and people will sell off. Now is a great time to get into this stock. Look at its financials, its ratios, plans for development, and go to Redchip.com and listen to their CEO talk about their company. This company is growing. It still has to get its internal controls in order, that's what the material weaknesses and significant deficiencies are talking about in the reports, but they still have six months to address the weaknesses then it'll be clean for the annual. Anyways, might go down to 5 in short term, but the upside is there for it to skyrocket.