Pingtan Marine Enterprise Ltd (PME)

[wickerman]

PME gaining traction..guiding over $1 EPS this year and still adding new vessels..slap on a conservative 17 P/E like sector peers and this is a $20 stock

[doebop]

Loaded PME @ low 3s today... spike to $6s coming very soon... IMO..

THis is buy hold play, currently $4ish

[wickerman]

still few realize how PME earnings are going to explode

[SkipDawg]

Shhhh. Hunting anything under $3!

[SkipDawg]

$3 break coming soon imo.

SKIPDAWG

[SkipDawg]

$PME - BOOM TIME RIGHT NOW! CHART = NO BRAINER!

http://stockcharts.com/h-sc/ui?s=PME

GLTA,

SKIPDAWG

[tbirdman]

Yup, and fleet's expanded by another 20 vessels.

[SkipDawg]

YEAH!...AWESOME NEWS..PROMISSARY NOTES ARE GONE!

[tbirdman]

On a more serious note, I have a ton of PME. My #1 holding right now actually.

[Ecomike]

LOL, I was thinking the same thing.

[SkipDawg]

100,000 volume in last 30 min Fri.

[Stream205]

PME board members meeting!


I am calling a meeting for next week.

I have reserved the back booth at the Athens Diner in Astoria, Queens, NY.

I told the owner, Gus, to expect all four of us.

Im hoping no one else joins the board or else I may have to ask the waiter to move over another chair.

[Carlodin]

I noticed this stock back in June when the dropped from $7 down to $3.5 and waited . I jumped on the stock at 1.5 with full intention of selling for at least 12 within 18 months . I've been waiting for a good run and to see some volume get this stock on some radars . The volume went from 30k to 455k in one day .. I'm thinking of buying more before it gets too far over $2

[ThePennyDoctor]

Thanks for the heads up. I did read the news you are referring to; I found it odd that the news was out Thursday morning but the stock did not pop until Friday. I will be watching this one closely Monday to see if the momentum can continue. I will be careful - I have traded many Chinese tickers in the past and they always seem to be low volume, high volatility, and high bid/ask spread plays; which is not necessarily a good or a bad thing.

[Ettore Bastianini]

They recently announced that they are tightening on licensing for fishing. So they basically have very little to no competitors in the space. They have over 100 vessels each bringing in about $1mm/year for the future. If the float/OS is lower than we think the EPS could be very very high. In which case the stock could skyrocket towards who knows where the market wants it.

It's still below the radar here and a great opportunity for a monster run. Good luck.

[ThePennyDoctor]

Why is this listed as China Growth Equity Investment Ltd. on Google Finance. Haven't figure out the catalyst yet for today's pop - very strange.

[illegal_alias]

That begs the question of who supplies all the barrels of chicken feet...

[tbirdman]

LMAO

[Stream205]

This CANT be a scam..........




The average Chinese eats about 1000 lbs of seafood a year

SOMEBODY has to be catching all that fish.

Its probably these guys.

Hows that for DD?

Im in.

[bUrRpPPP!]

Took a starter here $1.35...should get details soon about dredging offer...

[Happyme73db]

What's up with the dive off the cliff?

[Wifesmoney]

Anyone here

[chris_cv]

yes i m here. how r u?

[*GoVols*]

Anybody out there? : )

[Major_Bankz]

tom. it might break $2. will watch at the open.

[EricVan]

sounds good..

[Major_Bankz]

not in yet! missed it this morning will wait for it to break $2 then I'm in

[EricVan]

ahh yes...You still holding for more gain ?

[Major_Bankz]

news this morning in the ibox bro. ;)

[EricVan]

any reason behind the move? :)

[Major_Bankz]

PME 1.88 up 74%