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I said it before and I will say it again - I am officially a bag holder in CHBU.
Wrong.
It’s very thin
Just no volume.
Low volume take down and runs.
Dollar volume today is $190
LOL
I have patience but I am no longer positive.
Can't sell at these prices so I really hope this gets picked up by someone.
Thanks though.
Remain positive. That's the challenge with these micro floaters. They can run hard, both directions, up and down. As far as I'm concerned, this is a super clean shell that would be very easy for a good custodian to takeover, get current. Watch what the price would do then. We saw how fast it ran to .05, and that's nothing with this float being just a few MM shares.Patience is a virtue in the OTC markets.
This is not thin at all.
As a matter of fact it is very thick.
And it sucks!!!!!!!!
I'm afraid I am now officially a bag holder in CHBU.
It's sucks and it hurts.
I'm not selling but I have just about zero faith in CHBU.
I hear ya.
I’ve seen that too on QASP
A group pooled their funds into an LLC. The LLC would buy debt from the scumbag CEO of QASP for deep discounted notes. Standard toxic financing. A good Stink Pink CEO needs to tap a few toxic funding groups.
CEO was pumping BS news every months so the toxic LLC could dump on his pump. CEO buying crazy stuff too.
The story always became bigger. The CEO and Toxic LLC sold an entire A/S twice with a R/S in between.
In the end the Toxic LLC was holding all these unconverted notes snd got screwed by the CEO in that the CEO was issuing himself preferrd shares snd were No shares left in the A/S to convert the LLC guys.
Everyone sueing each other. The head of the toxic LLC had people stalking his home and knocking on his doors.
CEO flys off to the Grand Turks
Senior note holder that held the control through preferrd ultra vote shares. Takes the shell over R/S it and brings it back alive as some pot story GYOG or some shit. Joe Canous, the king of toxic funding.
Now what raises my hair on my back, ChrisWinter lives less than 5 miles from Joe.
I got a handful of these like guys in my little Alabama village.
I think they are everywhere. A good shell is pure gold to these guys.
I was speaking more from a legal standpoint.....
I’ve seen the groups, I’ve been invited in too.
They never stay together. People want to think for them selves. Always someone in the Griop that gets busted screwing others in the Group too.,
Your always best to play your own game.
Well, I’ve ran this up twice. I did my part.
I’m not adding unless it tanks to the .005 range.
Hold want I got till I score a 400% gain on my .03 average.
The same exact thing happens to me.
There is a lot of stock to be soaked up before it moves.
I agree with some of the things you say but there is no way this goes to .25 with just $20K - hope I'm wrong.
BTW - I will buy on my own and not to a post as I do not believe you can coordinate an ask attack.......
On the 27th, I tried to run it up above .05, I kept getting small ghost orders on my ask slaps.
I think there are a lot of Orders set below 5k shares not to be seen. Or a bunch of small AON orders just below .05
It’s not as thin as you might think.
If a group of 10 or more guys poured in and each hit with $2k, this would fly above .25
Do a two day attack and set off a frenzie of retail chasing in. Lord only knows how high it could go.
The attack group would kill it back down on their fast exit.
A good attack would create a few MM squeezes. It would need to last over the MMs 48 hours to cover trades.
It would take a few $100k, MMs have $Billions, and unlimited amount of vapor shares.
It’s all about who has the bigger balls.,
And I agree with you.
Agree with you and I recognized the stock's potential some time ago and bought heavily. Problem is time is running out for these stop-sign companies and keep wondering why this is not picked up already.
Still hopeful...
I really need one like that - hope you are correct!!!!
This micro float trades so thin (on both sides). This has to be one of the cleanest (no debt) shells out there, that used to trade in $$'s. I've said it before and I will say it again, with some of the major custodianship takeovers going insane, if this ever got picked up.... oh boy. With the s/s, no telling how fast this would break $1+ in the blink of an eye.
100K for sale at a nickel - same person?
Let's hope it at least gets there - a nickel that is.
I don't think the buyer of 600K @ .0115 ever expects to get hit.
600k share bid @ .0115. That's $6900 someone is willing to put up for this clean, mint shell. Interesting. Clearly the only way to garner up any position here is ask slapping, which we know there are no shares to speak of!
Up 140% green
I got a ?
I’ve been doing this stuff since mid 1990s. I think I’ve seen about everything. Lived through a lot too.
But why does E-trade do this shit?
I can see posting a different closing price on after the bell with a T-Trade, but this?????
You can’t use microcaps for margins. It’s not like they are going to give me a next day air, knock at my door with a margin call. I smell a scam in the making with E-turd. And zero customer service to bitch. So I unload in here.
I was up $5k+ at the close Friday and today I wake to a sobering -$1.5k in the Red on Friday’s close.
I see where they dropped 5 of my plays to 0.000
Kind of kills my good feelings when I brag to the wife that sitting on my ass everyday is paying off big for the family.
Anyone else getting this?
Just lowered my Bag to .0085 to average down if she falls that low.
Time to forget about it. Off my watch list,
Taxes are good because it means you are making money - that's all.
Rather make it and pay them.
If taxes are good, why don’t people pay more. I mean if such good from it?
$1.5mm in extra payments to the IRS last year.
Taxes are a necessary evil. It just shows the amount of individuals that do not or can not be self sufficient.
It’s a piggy bank for out politicians. “10 for the BigGuy” says it all.
Taxes are good LOL.
Personally I hate red but to each their own......
Amen to that.
I’m willing to go into the red initially.
I’ve been in WorkSport for years. Got in high, averaged down to over a million shares to .04 then hit .80+
I’ve seen years of red. I expect to see red.
No one goes all in on one buy anyways.
I do okay. Ive payed top tier taxes for the past 6 years.
My only mistake, I should have all my cash in an IRA. Who knew? This was my casino play money. Now it’s turned into 4 new nice cars, college tuition snd a second home on the Mobile bay.
I’ll do just fine in here. If it’s run before it will run again.
I hope your sell orders work better than your buy orders!!!!!!
I’ve had a project on the Gulf since Friday.
Haven’t looked at any stocks till tonight.
Low volume stocks are heavily manipulated by MMs.
They have an unlimited amount of air shares they can sell retail buyers.
They all come due one day. I say let them take a stock down. I’m on both sides of all my plays.,
My next buy is .0125
Then .01
I have a few sells above .15
I let my limit orders do my work.
I try not to watch everyday.,
LMAO & SMH
Everybody loves it but nobody wants to buy it.....???????????????
Just slapped the .0175 ask and it did not dent OTCX.
I think we are bag holders!!!!!
Just slapped a 15k @.05 and did not dent NITEs 10k @ .04
They gave me two orders @ .04
NITE is loading up on short vapor air shares.
Today is day two of the big Wed volume day.
They will continue the short till they are squeezed.
I’m not giving up any of mine..
The 100k with ITCX is a fake wall.
This has all the signs of an explosive squeeze.
Just takes a little ask slapping, or news
I was just tempted to hit that .04 for 10k, but I know for a fact, MMs would short me lower and give me shares below the Ask to paint fear.
I need to slap 100k @ .06 for kicks and giggles. That would shake up a few MMs
I’d hate to be in this that heavy till news, but would be fun at the close Tomorrow..
I hope it's slaughtered.
Have a great time!!!!!!!
So long as they are not getting a weak gut and dump, I’m good with no volume for a few days.
MMs expect a few to exit at any cost tomortow on the Friday, I’d love to see a squeeze going into the close.
I’ll have all eyes on the last 30min.
I’ll be heading to the Gulf tomorrow, but will have my finger on the trigger at the close.
Do not trust the Spread. MMs could cut their throats on this one.
News snd they are slaughtered.
Everybody loves it, but nobody is willing to buy it...................
That 83k .04 order with OTCX reeks of a fake wall.
No retail is that stupid to put up an order like that on a low volume R/M play.
I know a good 10-20k slap and his shorty arse will pull that fake order snd run.
That’s how you sell fear to get retail to dump snd they cover yesterday buy volume they made with vapor shares.
Tomortow is slap day. Today is BID sit day.
Shirts only have 48 hours to clear trades. We are into 24th hour now.,
God only knows where actual retail shares are on the Ask.
My first sell is .19 to get some of my original $$ out and ride a lower average.
.25 is a no brainer in here.
We still do not know who's behind it, right?
Now that sounds like a plan!!!!
Lets bust thru .05 today (which would be a new 52wk high, and wouldn't take any real vol to do so). Continue to make new highs, garner more attention to this hidden gem, and watch it run to $1+.......
30K could go along way......
85k Buys / 42k Sells / 10k?
Still very low explosive volume.
Hell, I got close to $30k in dry powder. I wish I had 200k shares on the cheap from weeks ago. Run this above a dime and dump. Just a typical day in OTC land.
However, I’d rather insider for the heavy lifting. I just ride the waves
This has my Intrests..
LOL
I would love to see it happen as well, but.......
I see the volume as 139K.
I’ll load up the BID @.02 and add keep an eye on it.
Less than $4k ran this, this high.
I’m using an average of .04 on the buy volume of 85k today. That’s nothing in dollar volume.
Imagine if a few million slapped the Ask without any regard.
MMs would have a heart attack. They have to short. It’s in their DNA.
I bet they will be looking to take this down hard over the next 48 hours.
I’d love to see a Momo squeeze on no news. News snd everything changes.,
Apparently so and now it's .04............
Till then, MMs said .05 is as far as they are going to let us peasants go.
It’s no custodial company at this point, everyone is speculating as to what and who might come in and look to take this over
Excuse my ignorance but is this a Synergy custodial play?
thanks
A debt free shell trading @ .05, with a market cap of $650k? Any custodianship would be un-contested, and if Ben Berry swooped this up, OMG. He's worked miracles with other shells, no where near as clean as CHBU!
Yes, Synergy update should be out any day now, as we wait for updates on many of their shells. I'm convinced, based upon the almost 1MM share accumulation in February, someone grabbed up what they could before the petition is filed. Time will tell, but with any real vol, this goes > $1 easy.
Synergy is due for an update. It’s a mist been a full week, I’m blown away.
https://www.synergymgtgroup.com/updates
The dollar volume in here is nothing today.
A few grand and it’s up 500%
I did my part.
Time for some Chuck to cut the head off this snake snd kill the day. LOL
I set my first exit above .25, get my pennies out and ride free. Count my shares out of the float then
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NEW YORK, March 1 /PRNewswire-Asia-FirstCall/ -- China Agri-Business, Inc. (OTC Bulletin Board:CHBU.ob - News) a manufacturer and distributor of organic agricultural application products in China, celebrated the anniversary of its "New Agriculture-Generator" initiative, in Xi'an, China. As of December 31, 2009, the Company had established 103 branded super chain stores, a majority of those stores are located at Shannxi Province (where the company is based) and Hunan Province. In addition, the Company established 49 direct sales stores, which are controlled and managed directly by the Company. The direct sales stores are located in the Shannxi Province. For the year ended December 31, 2009, about one third of the Company's revenues were generated from those super chain stores and direct sales stores.
Liping Deng, President and Chief Executive Officer of China Agri-Business, commented on the Company's outlook for the year 2010, stating, "As an effort to expand our business and offset the influence of weather conditions, we launched a 'New Agriculture - Generator' initiative in the fourth quarter of 2008, which includes the super chain sales partner program and direct sales stores program. The purpose of this campaign is to establish our own sales network by creating a closer relationship with farmers through our super chain and direct sales stores in the rural areas of China in addition to the traditional sales network. We anticipate continuing to focus our efforts on establishing direct sales stores in 2010. From the beginning of the year to today, we have opened about 150 new direct sales stores in Shannxi Province and Hunan Province. Total direct sales stores are over 200 now. We expect that the super chain stores and direct sales stores will generate growth for the Company in 2010."
In addition to the Company's continued market expanding efforts, the Company acquired a new product license to produce potassium and magnesium fertilizer on February 14, 2010. The license cost is approximately $117,000. The estimated cost relating to associated production equipment is approximately $293,000. The Company believes that acquiring licenses to existing products will enable the Company to increase revenues more quickly than by solely relying on developing its own new products. The Company will continue to look for such licensing opportunities in the future.
About China Agri-Business, Inc.
China Agri-Business, Inc., through its operating company in China, Shaanxi Xin Sheng Centennial Agriculture and Technology Co., Ltd. manufactures and sells non-toxic fertilizer, bactericide and fungicide products used for farming in China. Crops grown with Xinsheng's products are eligible to qualify for the "AA Green Food" rating administered by the China Green Food Development Center, an agency under the jurisdiction of the Ministry of Agriculture of the People's Republic of China (However, our products themselves do not bear the "AA green food" designation). The green food rating system consists of an "A" rating and a more stringent "AA" rating. The "AA" rating indicates that the crops contain minimal chemical residue from fertilizers.
The Company's two primary product groups are organic fertilizer (Xinsheng Luyuan brand) and bactericides (Xinsheng Lufeng brand). The Company has a total of five brands and produces more than 50 different applications, including products designed to stimulate plant growth, condition soil, and prevent and cure plant diseases and parasites. The Company has products for a variety of crops, including potatoes, vegetables, cotton and fruit plants, and orchard trees. The products can be used either alone or to supplement other products. The Company's Xinsheng's manufacturing facilities are located in Xi'an, Shaanxi Province, China.
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