sleeping with one eye opened
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General Steel to Present at Goldman Sachs Annual Global Metals & Mining, Steel Conference in New York on November 28, 2012
fantastic! another stupid worthless presentation of company which cannot submit to potential investors there even the anual report for 2011...as well as no results for Q1 and Q2.
Instead of playing Flying Cirkus on different priceless presentations, they should spent money, time and efforts on finnishing their obligatory documents.
General Steal they should call themselves on those presentations, not General Steel. :p
are you still there or arrested already? :)
GSI management maybe today prepared another line to annual report of 2011...I expect one hundred pages. And possibly they have ready the first two..
sure...as many did :)
I have lost there almost everything I earned on CNO. CNO gave me 500%..
Chinese scammers took it off me.
Now I am invested in GSI. Because of PricewatrhouseCoppers as their new auditor. If they fail, I will start war with China. As the first step I would stop eating kung pao.
because it was in 2009 :)
This leads to nowhere, stockfather. SEC should not allow at first entry to US markets to stocks from those countries, which will not guarantee that the fraud on investors would be punnished by law.
The scammers work under the silent agreement of chinese municipal and governmental authorities. Scammers feel no fear and therefor they steal money as they like.
If they would start to be punnished for different fiscal tax documents to SEC and Chinese official bureaus, then we would see imediate privatisattion of 90% of chinese stocks listed in US. They would flee away like rats...
But they do not care. No rope for them is hanging anywhere in China..
muhahaha...read line 3 of their presentation filled publically with SEC.
They should really care what they do and what they write :
"This pesentation is strictly confidental and may not be disclosed to any other person" ROTFLMAO
Get ready for handcuffs, eastunder.. (eye wink)
Other funny thingy is -
They prepare the presentation for investors - THEY DO IT - and the same time they write there :
"..and no reliance should be placed on, the accuracy, fairness, or the completness of the information presented herein"
I have one word for them: Idiots
if they write "decade", it should be read as "in fifty years soonest, if ever.."
Tests and commercial use are two very different issues.
See how usec is delayed...and they build "only" stupid centrifuge.
ITEM 7.01 REGULATION FD DISCLOSURE.
On November 7, 2012, General Steel Holdings, Inc. (the "Company") gave a presentation in one-on-one sessions with certain investors at the Bank of America Merrill Lynch China Conference in Beijing, China. The presentation included a slide show in the form attached hereto as Exhibit 99.1, which is incorporated herein by reference.
I just wonder who was that certain investor or invéstors - if they cannot even present their audited finicials as the joint stock company. Red flags had to be waving around all time during that session....and investor's head was hit by flag stick couple of times during presentation.
Why do they waste time on presentations - instead they should to at least those few basic issues which make joint stock company legal.
Let us wait another week(s)
this should give you an answer, gremlin...chinese stocks were proven frauds, fillings were proven frauds, simply you cannot trust them anything written, even if they fill it with SEC.
http://www.reuters.com/article/2011/05/11/us-china-shortsellers-idUSTRE74A71F20110511
I see China is getting back attention after some stocks have spiked - as the addition to your Chinese stocks list this might be found helpfull. (Unfortunately I am no mmore able to add stocks from stockcharts.com in this format. Prohibited most probably. If anybody willing to keep on maintanance and add another listed charts, you are welcome to be added there as mod.
Chinese stocks charts 3 months and 2 years with RSI, Bollingers and Slow Stochastics
Chinese stocks - NYSE part 1
Chinese stocks - NYSE part 2
Chinese stocks - AMEX
Chinese stocks - NASDAQ part 1
Chinese stocks - NASDAQ part 2
Chinese stocks - NASDAQ part 3
Chinese stocks - NASDAQ part 4
Note : please notice the boards were created few years ago. So some of those listed are deleted from the list as they changed the ticker or some of them are now PINKs already
Here below is their to do list
all is about their magical formula "as soon as possible". Almost three another months have gone and nothing has happened... with this speed they file one quarter while another two pass. They stink imo...chinese reputation was built once and they do everything just to confirm the chinese are scammers who should not be trusted...
Update on Filings Thu, Sep 27, 2012 9:00 AM EDT
On August 30, 2012, General Steel completed filing its amended annual report on Form 10-K/A for the year ended December 31, 2010 and amended quarterly reports on Form 10-Q/A for the quarters ended June 30, 2010, September 30, 2010 and March 31, 2011 with the U.S. Securities and Exchange Commission ("SEC").
With these restatements complete, the Company is working diligently with its independent registered public accountant, PricewaterhouseCoopers Zhong Tian CPAs Limited Company ("PwC") on the audit process for its outstanding financial statements for 2011. Currently, the Company is finalizing its quarterly report on Form 10-Q for the period ended June 30, 2011 (what a rubbish - they have this fillings displayed on their website since August 2011, you can download it there - typical chinese scammers - write rubbish without noticing that they were lying contrary to this earlier) , while simultaneously working on the quarterly report on Form 10-Q for the period ended September 30, 2011 and its Annual Report on Form 10-K for the year ended December 31, 2011. These reports are expected to be released in a sequential order.
Following the completion of these filings, General Steel will file its quarterly reports with the SEC on Form 10-Q for the periods ended March 31 and June 30, 2012 as soon as possible.
jump down, jump up...this is not what we are waiting for. I expect strong move above 3, maybe to 5...If it is not china, for sure this would be above 10...
I hope we do no need to wait for it couple of years... :)
Both Obama and Romney on Sunday declared support for enrichment plant in Ohio. I hope it wil stay unnoticed. I would prefer delisting, then fall in price below 0,60 and then load a full wagon..
But I am afraid it may skyrocket today because of it...
that makes perfect sence. They say : We close Paducah because new enrichment plant in Ohio will start to do enrichment on new American centrifuge in 2013. They are pretty sure they will make it.
USU moves....
KWK - oil and gas company
the chart seems to be drawing a flag. If so, we would expect the uptrend up to MA(200) level, that means around 4.30 possibly...
KWK chart
MTG - this mortgage insurer - put on your watch list
chart is in uptrend, now possibly getting ready for another jump to area of 2.40.
Catalysts here are
1) improving housing market
2) settlement with Fannie Mae and Freddie Mac scheduled for and of October
3) Quaterly results
MTG chart
from GRO fillings - As of the date of this annual report, our principal shareholder, Mr. Guanglin Lai, beneficially owned 43.9% of our total outstanding shares with another 20.6% owned by the next three biggest shareholders. This concentration of ownership may discourage, delay or prevent a change in control of our company, which could deprive our shareholders of an opportunity to receive a premium for their shares as part of a sale of our company and might reduce the price of our ADSs.
To buy GRO is therefore speculative and have imo no value, unless they will decide to pay dividend, what is very unlikely.
If I remember well, SUTOR CEO and her husband established themselves private company and majority of sales of SUTOR were sold first to this company and this company was selling to the end user. This scheme was described in their financials.
Is it still the same?
http://seekingalpha.com/article/939481-china-slowdown-is-an-opportunity-for-investors-as-the-prc-moves-to-sustainable-growth?source=yahoo
it is only question of time...GSI is a giant
link is there, but chart never displays, never mind...I was using those chart links a lot in the past and possibly it was too much :)
I do not know...I can still post a link to chart at least :)
I am trying it on stockcharts.com charts...it does not work for me. I think I am blocked to do so...:))
Thanks. LPHI looks fantastic imo...
and personaly I wish MTG to go up to 10 like after crisis...or at least to 3.50 :))
Unfortunately INDU chart looks bit tired of climbing...
Btw how do you paste charts from stockcharts? I was told to use in brackets chart and slash chart, but I get always frame with cross as the result :))
[chart]
[/chart]
Hi board, anybody knows about any red flags waving above SORL?
I am studying it and it seems it cannot go too much lower. But if their numbers are accepted widely by investors, then it might be interesting...
Surprisingly there is no pull back..
The stock is held and supported on very tiny volume at 1.20 level. If they come in November with financials - and if they really will be stamped by PricewaterhouseCoppers, then this stock must jump over 3.00, because it is China...otherwise somewhere over 5.00 at least.
Anybody knows about the red flags here? Management seems to be very concerned and serious.
impressive close on Friday - 2.02 possibly because of options.
Logic would say, MTG is in pull back stage...
http://europe.autonews.com/apps/pbcs.dll/article?AID=/20121017/ANE/310179985/mercedes-3-000-euro-discounts-signal-germanys-car-sales-woes
there is a pretty good reason why this stock is going down..It is question of time when they stop the lines again... :/
And the main use of palladium is in cars, isn't it?
MTG keeps on run
MTG chart
YPF - set to reach 14.00
YPF chart
I have jumped off it to MTG...I will come back. But I do not like the stock is held all day at 0.67 - it seems it will stay in these levels day or two..
GSI is moving up again..?
http://stockcharts.com/h-sc/ui?s=GSI&p=D&yr=3&mn=0&dy=0&id=p68198085698
LNET - this news keeps LNET in the game. Should have effect on this beat down stock on Tuesday and most probably much longer... Any bets on what PPS it may open on Tuesday?
http://finance.yahoo.com/news/lodgenet-reaches-forbearance-agreement-lenders-212100688.html
They are under threat of delisting... Biggest shareholders will make an action to get it above dolar till the end of October. Or Reverse split is imminent....
They will push hard to get over dollar before the end of October
http://finance.yahoo.com/news/general-steel-obtains-york-stock-130000129.html
From today's news:
The Company continues to work diligently with its independent registered public accountant, PricewaterhouseCoopers Zhong Tian CPAs Limited Company to complete the audit for its 2011 Annual Report on Form 10-K for the year ended December 31, 2011 as well as to complete the filings on Forms 10-Q for the three month periods ended June 30 and September 30, 2011. Following the completion of these filings, General Steel will file its outstanding 2012 quarterly reports with the SEC on Form 10-Q as soon as possible.
This is very important. All chinese frauds care a shit about filling but GSI hired PwC as an auditor to work on their documents.
Good times ahead for this stock...
I am not sure of the jump on Monday...But I am sure about the interest of company and major shareholders to have it above dollar asap...They were expecting the news of July and September alone should move stock above dollar.
So I expect some activity in next dates