increased price target $0.54, page-8

Too many shares on issue Jaybird with a lot of them in weakish hands.

If you look at the capitalisation of this stock they have to keep doing everything right to justify the increasing MC.

In my view they're currently on a roll ,nothing is likely to go wrong for a while,but I reckon once they get to the 30c+ level people will start doing their sums with more diligence.

This has been a great stock for me but I'm not there for the long term .

Of course I realise that this sort of talk is unpalatable to many who would prefer to hear something else ,but I just tell it as I see it.

I'm enjoying the ride ,at some point I'll be jumping off ,but for those who want to see it through I can understand the optimism and belief .I've been involved in this sort of stock for longer than I can remember ,as long as Sino are able to demonstrate positive progress in the gameplan they'll keep going up . When you have over a bill shares on issue as a spec you can't afford any backsteps ,to date that hasn't happened