Hongli Clean Energy Tech fka CETC

[TradeSmart.ai]

Did I mention this was also at $1 in June this year???

:]

52 week High $9.50

$SCOK

[TradeSmart.ai]

18 Million O/S HUGE revenues and Super Low PPS compared to 52 week high = $$$

$SCOK

[vegasvic]

$SCOK, ONLY 18MIL O/S W/HUGE REVENUES = $$#$#$$$$$

[vegasvic]

$SCOK, EZ $10.-$16.00 BY fEB. 15TH...WOWZA HUGE

[vegasvic]

$SCOK, HERE IS NEWS JUST OUT,,inoCoking Aboveground Facility Operating at 100% Capacity and Generating 25,000 Cubic Meters of Syngas Per Hou


SinoCoking Aboveground Facility Operating at 100% Capacity and Generating 25,000 Cubic Meters of Syngas Per Hour
Company Serving Three Customers and Agents in Central Henan Province
PINGDINGSHAN, China, Nov. 25, 2014 (GLOBE NEWSWIRE) -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a producer of clean energy products located in Henan Province, today announced that its aboveground facility for the conversion of carbon dioxide into clean-burning syngas has achieved its initial production target of 25,000 cubic meters per hour and is currently transporting syngas to three customers and agents in and around its facility in Pingdingshan.
Based on the current price of $0.139 per cubic meter for syngas, the gross revenue generated per day by the aboveground facility is approximately $83,280. Gross profit margin is expected to be between 45% and 50%.
SCOK's initial customers are Zhongshi Energy Co. Ltd., Henan Zhonghong Coal Chemical Industry Co., Ltd. and Baofeng County Bourui Technology Co., Ltd.
"We are pleased with the timely and successful start-up of what we believe is one of China's first aboveground syngas facilities that can recycle carbon dioxide output to produce usable chemical compounds," said SinoCoking Chairman and CEO Mr. Jianhua Lv. "As a result, SCOK now offers a clean energy alternative to both industrial and individual customers in our area, We are now preparing to start the next phase of construction at the facility that will further expand our capacity, and we expect to produce an additional 25,000 cubic meters per hour by the end of the first quarter of 2015."
Mr. Lv further noted that while, initially, gas produced at the facility is directly transferred to customers via pipelines, the company is now working on introducing gas compression and refining technology into the syngas production process so that the end product can be stored in tanks and sold to customers as Compressed Natural Gas (CNG). As a clean-burning fuel, syngas is increasingly utilized as a clean-energy alternative to burning coal. Comprised primarily of hydrogen and carbon monoxide, syngas can also be used to produce a wide range of industrial products such as fertilizers, solvents, Liquid Natural Gas (LNG), CNG, and assorted synthetic materials.
According to the company, the new facility is one of the few in China that can produce 25,000 cubic meters of syngas per hour. Moreover, the company believes its new aboveground facility is the only one in China that combines coking and syngas.
For additional information on SinoCoking, please go to http://scokchina.com or refer to the company's periodic reports filed with the Securities and Exchange Commission (http://www.scokchina.com/sec-filings.html). Investors wishing to receive SinoCoking's corporate communications as they become available may go to the company's Investor Relations site (http://www.scokchina.com/corporate-overview.html) and register under Email Alerts.

[TradeSmart.ai]

"Chssssssss Houston we have lift-off over and out."

$SCOK

[stock_observer_77]

Quarter report not good but future will be much better

Wish I was around to get the 2.50s on the panic sell AH

[onelove17]

I urge everyone to hold this stock period

[crazy8]

once again, I urge anyone holding this stock and hoping for a return on it to daily or good till cancelled place a sell on it, even if it's ridiculously high price.... the shorters, they can call all the brokerages they want, and if the shares aren't for sale, they will be able to borrow them and short them

stop them from doing that by placing GTC or daily sells on your shares, when the price rises quickly, not only will the massive amounts of shorts have to cover, but also the true value of the company will be embraced, and even if the company isn't that popular of a star, at least the shorts will get shafted, and we'll end up selling at high returns to the shorts, but be careful, these a-holes might be systematically shorting for us to run out of patience, and benefitting from our weakness to buy back all remaining shares, before it skyrockets

[crazy8]

some douchebag group is systematically shorting this stock... I see evidence of it in afterhours, how the ask price keeps cycling over and over again, like some program gathering data.... these a-holes will not stop shorting it, they will just short it and buy it a few cents lower, then short more, and so on and so on

can't wait for some announcement, hopefully positive and real news, lol, that will wipe this program and these shorters off the face of the earth, take the stock to $30, then to $100, then they will be sorry they ever played with pennies

today looked like it held up at $3.05, the a-holes couldn't get it lower, so for anyone that bought it today around that price, congrats, I bought some at $3.07 as well.... hopefully they will run out of shorting shares, and succumb to the well deserved climb it is owed...

I bought this stuff in the high $4's originally, then had to dump them in the low $3's... but have bought them back in the high $2's, and am not selling them anymore.... those of you that own SCOK, always place a sell on the shares you own, even if it is ridiculously high prices, because when they are "available" for sale, the shorts cannot access your shares to short, because they are on the market, it is only the shares that are locked away in peoples closets that the shorters have access to

good luck longs

[crazy8]

metric and imperial... I'm sorry I overlapped cubic meters and feet.

in my original post, I was all cubic meters, which is what I based on SCOK's press release.... in my last post, I must have mentioned cubic feet maybe just out of overwhelming volumes of energy used, but I hope SCOK has their numbers right, because a cubic meter is about 9 times more than a cubic foot, so if China is still in the space race, I hope they have their standards worked out ahead of time, unlike NASA and the screw-up on the Mars mission, lol.

[crazy8]

usually a company is valued at 2x sales... if this factory is built and the 880,000 cubic feet per hour are sold, that's $925 million in sales per year... double that, and divide by 25 millon, gives a fair price of $37/share

lots of assumptions, but even with the measly 25,000 cubic feet per hour production that is currently underway, if this adds to the bottom line, on top of coal sales, that's what will make this move

[onelove17]

Good read . Thank for that info seems that new developments are making these prices very appealing .

[crazy8]

did some quick math here.... first of all, I don't quite understand how they can get 12 cents per cubic meter of syngas, when it has half the energy of natural gas, Enbridge in Canada is selling natgas for 17 cents per cubic meter, but natgas on the open market sells for about half a cent per cubic meter.... so it's not that far-fetched, if they can get retail prices

so right now, they expect to produce 25,000 cubic meters per hour, which if you multiply that by the 12 cents gives you $3,000 per hour... multiply that by 24 and 90 for a quarter gives you over $6 million... they said profit margins of 60%, so thats just shy of $5 million per quarter.... divide that by about 25 million shares outstanding gives them a 20 cent eps.

Nothing really great, even at a p/e ratio of 10, value of stock should only be $2

But, with the new contruction, the math becomes very enticing.

Assuming they can procude the 880,000 cubic meters per hour with the new facility, which is a huge jump, over 35 times more syngas per hour, the costs seem to justify the $300,000,000 construction.

880,000 cubic meters per hour sold at $0.12 is $105,600 per hour... multiply that times 24 and 365 for a full year is $925 million... with a gross profit of 60%, that's $555 million, and about $22 per share in gross profits.

Assuming their numbers are correct and not lies, and they can sell the syngas they produce, this really is a no-brainer.

[justinian]

Hey man.. this is a crap shoot? I dunno over 20 million traded on monday so oversold over bought .. lot of bagholders for sure.. but coal gasification in chine where it is needed hmm good idea... the thing is .. in the previous news release within 20 days for 100% up and running .. so news to say its 100% and we go back to highs? I dunno your guess is as good as mine but probaly see 3.50 sooner then later.. annilate me if iam wrong maybe 2.50 ouch.. for a 3.50 bagholder.. t

[imbillclinton]

were you able to cover?

[silkyballer]

I want to cover around 2.75 been my plan at that support unless it goes right through and I'll cover at 2.50

[imbillclinton]

might be able to squeeze another 20-30 cents

[silkyballer]

Should I cover yet?

[iinvestmyself]

Solid concrete info on $SCOK

$SCOK Investor Relations and the sincoking website. It's affiliated with Florida. Very cool
More pics and updates from the website and how this company is affiliated with Florida:

SinoCoking: Investor Relations: Song Lv, Chief Financial Officer Rick Eisenberg, Asia IR•PR. + 86-375-2882-999 [phone] [e-mail] [e-mail]

http://www.scokchina.com/coke-manufacturing-operations.html

http://asia-irpr.com/sinocoking-aboveground-syngas-facility-commences-operations/

See more at: http://globenewswire.com/news-release/2014/10/08/671565/10101781/en/SinoCoking-Issues-

Update-on-Construction-and-Financing-of-Underground-Syngas-Project.html#sthash.7UdtOXSy.dpuf

http://www.thestreet.com/quote/SCOK.html

Don't like this website, but they have good info and pics of them up and running:

http://www.bidnessetc.com/27584-sinocoking-coal-and-coke-announces-inauguration-of-facility-stock-jumps-70/1/

http://www.bidnessetc.com/25321-sinocoking-coal-announces-underground-coal-gasification-project-stock-rocke/

[silkyballer]

Sure buddy... Wasn't it you telling me I should cover from 4.18 yesterday... Credibility gone... Not that you had any... Was just trying to teach any rookie traders that might have listened to you

[silkyballer]

Sure pal

[lollybella]

If you don't even OWN this, reply with the words: SURE PAL! This is a great rolling stock! Out for now, in a few others. I'm a trader. Sold all premarket at handsome profit./b]

[silkyballer]

?????... What

[silkyballer]

What did you say?

[crazy8]

wouldn't it be funny if you had to cover your short by another shorter? lmao

doesn't look good for shorts today based on pre-premarket

[crazy8]

is soliciting allowed here? I have not read the fine print.

since I'm not yet rich yet from this stock, looking for 9-5 job

recently graduated with an accounting diploma, with Honours, although I'm over 40, from Humber College

currently trying to specialize in personal income tax (Canadian) by testing out all the free software (Studio tax, Genuine tax), but have worked with Profile and DT Max as well.

if someone like me would like to join your team, please contact me at [e-mail] and I will gladly send you my resume.

I am in Toronto, but would move after 6 months of employment. Try me out for free accounting or tax advice until then.

John Pojawis

[crazy8]

looting was at 3.70

cya later

[silkyballer]

Literally have no clue... If it doesn't look good I'll cover... As I said I shorted at 4.18... I traded charts when it comes to the low floats on the big boards... Rarely fundamentals, period

Best of luck brother either way... All I want is for everyone to make loot!

[crazy8]

guess what? I bought at $7, made an intra-day profit selling around $7.80, this was after it hit $6 from $9, so it was dangerous for me at that time, and I was content to let it drop

later, my mistake was buying sub $5, thinking it was cheap....

but now, it is cheap.... so if you want, I'll take a gentleman''s bet with you on closing price for Friday, October 24th.

I'll say $5.50, halfway between recent private equity purchase and warrants

name your price

[crazy8]

short all you want brotha

with recent highs of $9 and recent lows of $2, I doubt you shorters are giving yourself any flexibility, when days like today wipe out shorting price of a month in one day... and yet the price-rise is unknown

good intra-day short for sure, you're up 50 cents, and I'm kinda stupid for not setting a stop-loss at around $4.10 this afternoon, because I would have rebought it at $3.70 no questions asked, but given the support to $3 a few months ago, there must be something fundamental about this company, not to mention private placement at $5.10 and recent rally to $9... hope it works out for you, not

[silkyballer]

Just like when it spiked to 9 bucks last month slick and settled back down to 2

[lollybella]

so wrong, LOL! But hey, we shall see, eh? Plus, ATP/LAKE pure ebola runs; crazy to not short now
SCOK? Short carefully! This moves FAST!

[silkyballer]

That's what everyone was telling me with ATP at 9 dollars... Guess I'll have to find this message later... If it pops I will short more but rest assured we will be at sub 3 this week or the next

[lollybella]

Highly suggest you cover.
;) That's all I will say.

[crazy8]

doubts about syngas and SKOK have been reflectected in stock price recently, but this time I believe this stock has some legs

if actual production is occuring, then this could be a potential model for American companies to perfect

hard to figure out the specifics at this time, as the press release did say "convert CO2 to syngas" which is a huge error, but with massive amounts of coal in the USA, this company could set an example for American coal companies

the recent postings here about good buying opportunies a week ago further support price rise

also, given that the stock has been massively shorted (in my opinion), the shorts will continue to short with a rising stock price, which should lead to at least a doubling of share price with sustained buying support and continued shorting, so I really think this thing could hit a new yearly high... only downside is that oil price is so low, which might be arresting this rise

[silkyballer]

I shorted at 4.18... Might get a pop tomorrow but expect it to be sub 3 by friday

[crazy8]

nice setup for further rallying in next few weeks... timeline has been given

"The facility is currently operating at approximately 60 percent of capacity, said the company, and over the next 20 days will ramp up to its full capacity of 25,000 cubic meters of syngas per hour."

"After years of planning and months of construction, we have now moved forward into the commercial phase of our clean energy business plan," said Chairman and CEO Mr. Jianhua Lv. "Through this plan, we are committed to becoming a leading supplier of clean energy to a wide range of industrial and residential customers in Henan Province."

"To help accelerate the company's progress, the CEO said SinoCoking is in discussions regarding possible application of a gas compression technology that would allow the new facility to double its output of syngas to 50,000 cubic meters per hour."

barring some explosions (which is kinda how I imagine things are going on there, lol) stock should keep climbing... I suspect there is fraudulent shorting on this stock, since the ceo now owns around 7 million shares, private equity owns another few million, and with only 24 million shares outstanding, and NASDAQ filings seemingly in order, this stock keeps getting pounded... I've read about the syngas company in Ukraine or wherever it is, and how they are not profitable, but only in China can something like this be profitable... every other non-profitable endeavour has only been made profitable in China, so why should this be any different?

[crazy8]

as soon as I posted that, stock dropped 50 cents from 4.30 to 3.80, LOL

someone was dumping them, or else stop-losses triggered

oh well, so much for my theory.... will have to wait for tomorrow

[crazy8]

my guess is this rally could last a few days

most new buyers got in around $4 today, so they won't be selling soon without a decent profit, unlike the last rally where it went up $6 throughout the day, so almost any buyer that day could have sold for a profit

tomorrow the shorts will be at it again, but I think there is more upside movement in the near term, so shorts will get squeezed tomorrow, and new buyers will also enter

I certainly didn't sell my shares today, not until $7 or higher

[onelove17]

Only way to play scok

[piranha_trader]

Looks like a pretty epic squeeze is going to really get into gear soon.

This volume is unreal.

[altruism]

Nice to see shorts buying lol

[beambe]

Volume

[MaxPow]

lunch should be smooth

[Tdash]

Smh I wonder why investorshub didnt post the news

[crazy8]

press release out today on company starting syngas output

stock up 50% pre-market

I read the article this morning by Midnight Trader (sorry, don't have a link), but in it, he says "conversion of carbon dioxide into syngas".... LOL

later on he says "chairman and ceo ..."

is it just me or is it uncommon to be both chairman and ceo?

looks like this stock might rally today... probably a one day event before it continues its slide back down... I repurchased some shares this morning at around the price I sold them for a few weeks ago (3.25), so I hope my actual loss back then can be recovered today

if there are still any shorts on this stock, could be a huge short squeeze, as I'm sure a large portion of the float was bought up under $3 in the last weeks, but I'm sure a lot of shorts covered under $3 as well

[bhenchoddonga]

Not a hype !

[MaranV]

Based on what? Its just a hype dying down, betting on a rebound here is just as dangerous as going to the roulette table.

[bhenchoddonga]

Watch out for breakout !