Volume Spike Investor

China Medical Technologies, Inc. (NASDAQ: CMED) is getting a slap this this morning.  Revenues rose 29%, but the company posted a loss of about $400,000… on an adjusted basis, the earnings drop is only 7.7%… Sellers are clearly in charge.  At 8:16 AM EST we have seen about 32,000 shares trade hands and shares are down almost 6% at $14.50 this morning. The 52-week range here is $11.41 to $46.84 and teh average daily volume is about 700,000 shares.   -JON OGG