Has officially gone private and is no longer reporting
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With CALI & GPRC news, it really doesn't look good for KNDI, the last one standing with S Paul Kelley involvement.
http://sharesleuth.com/short-takes/reverse-mergers/2011/01/you_wont_find_s_paul
Not to mention a hit piece today.
http://seekingalpha.com/article/2334455-kandi-technologies-10-q-reveals-phantom-sales-growth-and-other-serious-concerns
I'd say sub $15 is in the cards here very soon.
$GPRC, hope no one is in...$CALI was listed in same suit so be careful
Guanwei Recycling Reports Receipt of Notice From Depository Trust Company (DTC) of Plans to Impose "Global Lock" on Its Securities; Company Says DTC Plans Are Unfair and Unnecessarily Damaging to Current Shareholders and is Reviewing Options
http://finance.yahoo.com/news/guanwei-recycling-reports-receipt-notice-210000958.html
$CGA- Nice timing on your entry, congrats to you and CJ.
$TAOM- Seer 4, more successful than Seer 3 launch thus far and also ahead of the tencent release Roco Kingdom 3.
http://www.filmbiz.asia/news/old-boys-second-placed-at-china-bo
$FENG attempting to break a confluence of MA resistance w/ 20, 50, & 200 all from 10.22-10.32.
Could get wild with a bit of volume.
Fly is digging Chinese burrito lotto stocks, after all.
$CBAK SA bash now from Rick Pearson (realfast95 beat them all to the story)
http://seekingalpha.com/article/2332485-watch-for-a-sharp-drop-in-china-bak-battery
$SUTR- I never saw this tidbit PR'd
Sutor Technology and Kloeckner Metals Sought Common Development
On July 17, Mr. Karsten Lork, CEO of Kloeckner Metals Group, visited Sutor to explore strategic cooperation on integrated services using a global steel supply chain. Sutor's management team including Chairwoman Ms. Lifang Chen and CEO Mr. Zhuo Wang received them.
German Kloeckner Metals Group is one of the largest steel product distributors in the European and American markets. Its sales and service network reach for 15 countries and 220 regions. Kloeckner Metals Group and Sutor Group share similar development strategies on marketing concept and product services. The two parties had an in-depth conversation on global strategic cooperation and shared some thoughts on the concept of E-commerce supply chain system.
After the meeting, the guests toured the exhibition hall and the plants. At the end of visit, Kloeckner Metals Group expressed their willingness of possible cooperation with Sutor for mutual benefits.
http://www.4-traders.com/SUTOR-TECHNOLOGY-GROUP-LT-1134767/news/Sutor-Technology--and-Kloeckner-Metals-Sought-Common-Development-18773166/
Something's gotta give one way or the other with these bollies.
Edit: It turns out, reviewing their website, they just don't PR every little happening.
RCON- I bought Friday but considering adding under 4. If NFEC can get over 3 on an IR campaign, RCON should have a double in coming months.
The last thing we want is Mike borrowing more money to drill more holes. Likewise, any third parties likely want him to keep his hands off as well.
Recent updates indicate the block has been prepped for a sale and I still expect that to happen.
The fact that the current extension is two months, rather than three, is a good sign to me. Prospective buyers would want to get some drilling done before winter.
Chinese Stocks in Hong Kong Rise Most in Three Months as Automakers Rebound
mobile.bloomberg.com/news/2014-07-22/hong-kong-stocks-halt-three-day-losing-streak-on-energy.html
FEEC- please just sell the company Mike.
The last thing anyone here wants is some farm out that keeps him involved and this carrot dangled in front of us any longer.
Sad to think there was a time when FEEC was considered to be at the forefront of CBM in China with Green Dragon and Sino.
Meanwhile, Green Dragon Gas CEO gave an interesting update today.
First I have heard of this fabric drilling.
http://www.directorstalk.com/video-green-dragon-gas-randeep-grewal-chairman-ceo-discusses-the-companys-recent-activity/
$ZX- Yes, today was a good start.
Short interest: I still believe it to be the warrant holders & I believe it will continue to decrease as they are exercised.
Warrants are often a kicker for financiers to sweeten the deal. Back in less certain times, I think these financiers wanted to minimize risk to make sure they banked even if things didn't work out.
$SCOK- nice 1.67 buys
VLO the overlooked advantage vs other refiners is their 1.3 Billion gallon annual ethanol production.
Margins have routinely been over $1 per gallon this year.
Really not sure how Q2 was so weak companywide but I'm pretty sure Q3 is going to be an eye-opener compared to LY.
$ZX keep an eye on those Sept 2.50 calls I grabbed for .20 as a lotto surfer.
BTW, ZX has paid a special dividend in the past and has well over 70% insider ownership. Just something to think about:)
$ZX concern was always with management intent, not legitimacy of the business.
So with that concern out of the way, it would seem we have a seriously undervalued & legit opportunity.
I don't know how much I accept that he really believed the opportunity to be in the best interest of shareholders but I'm glad that it appears the independent committee seems to have done their job for a change (no doubt with plenty of efforts from a few activists).
"I believed the proposal could have offered shareholders an alternative to increase shareholder value through an online business operation. As the largest shareholder in China Zenix, my interests are aligned with the Company's. However, upon assessment of changes in market conditions, it is in the best interest of the Company and its shareholders as a whole that the preliminary proposal be withdrawn."
Great opportunity here IMO. Hopefully, I'm not just being naive.
Some may be waiting for confirmation through some shareholder friendly action or the next ER...I think it will be up 30-40% before they get confirmation.
Because it's Friday, KEG down 15%
I wish I could find him to help me take out this block seller at 2.20 in ZX.
ZX- Great news!
What a difference a month makes...
http://online.barrons.com/news/articles/SB50001424053111903927604579634243349634888
Based on guidance, it looks like ethanol segment will contribute nearly half of profits for Q2.
New CEO sand-bagging?
Q3 of 2013 was really weak so hopefully the worst is almost priced in here. If QTD ethanol margins hold up, that segment alone could surpass the entire company's EPS in Q3 of LY.
Run for the hills? I didn't hear softechie or westpacific shout timber.
not aon, just standard limit
$HERB, 14m float, breaking out on JV news that hit this afternoon
http://www.4-traders.com/YASHENG-GROUP-162204/news/Yasheng--Joint-Venture-With-Inner-Mongolia-Meng-Yuan-Agriculture-Company-18757391/
$HERB +36% and moving on that news
$HERB China hemp grower news just hit, 14m float
http://www.4-traders.com/YASHENG-GROUP-162204/news/Yasheng--Joint-Venture-With-Inner-Mongolia-Meng-Yuan-Agriculture-Company-18757391/