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Southern California. It is burning up right now.
The sky is the limit .... literally.
I apologize if I have been unclear. I'm in Yorba Linda and watched the flames rage within a mile of me last night. I'm juiced up on caffine and adrenelin.
Agreed.
As WWEI declined in price the trading volume has decreased. That is a good sign technically. A report of revenue from joint ventures or the PPA anouncement should bring trading volume into the multi-millions as lookie-loos become accumulators. I have prudent friends who won't buy until a breakoput above previous resistance at appx .10 and even .20 on high volume.
Also I hope gragee's assement is correct and that there will be no revenue sharing arrangement with the government. Then my frivolously reiterated price estimates will be irrelavant. The management is aggressive, opportunities abound and the sky's the limit.
.40-.50, .40-.70 .20-1.50 Who am I to say? I am only regurgitating numbers from the outspoken puntits whos predictions fluctuate with with transpiring events. I do not wish to argue. Look at a chart which displays news points and see how the stock has been drifting down at each PR since the failed "PPA in two weeks" prediction.
Yes the .045 price area is a major long term bottom and I hope it holds despite share dilution and no three letter headline. I hope that a report of Shannon De Delly's recent trip is a turning point.
When? Last June. I have no prognostications to offer, except that PR's other than a PPA announcement will likely only bring the stock down as in the past.
I heard that it can take months in China to get a week's beaurocratic work done. I quote (aandtsettle) who is extensively meticulous like Awro. He posted at yahoo and moved his extensive research to Ihub:
"I have lived in China for several years and done business there. I will say that the business climate as a foreign investor can be quite challenging and frustrating. It takes a while to get things done, to get things approved when it involves officials/Gov. bureaus, etc."
Well said BigGreen. Your levity is appreciated. I have 500k shares and am also down 50%. I'm envious of those getting in at these levels.
I would not be surprized to see the Chinese government requesting a 50% stake in the Zhanjiang farm in return for preferential tax treatment. They have done this with natural gas and other natural resourse companies. That would constitute a virtual addition to dilution. But this hypothetical and actual dilution would be offset by the Ningxia and other partnerships.
Regardless of speculation, the event that will move this stock toward the touted 40-70 range will be a news headline comprized of three letters.
I was on Rob's call list too.
One thing I found interesting is that his company has been compensated with restricted shares which he can't trade until months from now. So he is forced to take a long term perspective. He is aware of the mistakes the company has made in making premature predictions of the PPA completion. But I can corroborate capo99's observation that he is confidant that a PPA will take place and that the .21 share price will be overcome.
Just a guess.
Perhaps the company WWEI is taking the 49% stake in will benefit from WWEI's joint ventures with YATU Wind Energy Manufacturing Co. Ltd (formerly ENGGA) and Windcorp. A smart CEO could get YATU to finance the cost of erecting the turbines which YATU itself manufactures. Then that smart CEO would contract Windcor (Shannon de Delly) to perform the buildout. This is purely conjecture on my part, as like you, I am having difficulty translating that PR into understandable English.
Well put pontiyak.
The gloating endzone dance is obnoxious and serves no purpose in bettering the game. We did the best we could and followed our conclusions with conviction rather than egotistical drivel. I hope to see you again on the field.
Good thinking emperor. It seems as though Tammy and company are discovering the foibles of Chinese bureaucracy as we are. WWEI's over-optimistic news releases have caused rapid and perhaps inordinate spikes in the share price. As the exuberant projections fail to materialize the share price erodes. The chart, consequently, looks like a saw blade. Understanding the glacial Chinese approval machinery, and accepting the data and facts WWEI has reported suggests that patience will eventually pay off. Meanwhile, these agonizing downtrends in share price present buying opportunities.
So, any expectations of good news in early August (whatever the definition may be) are not as important as the long term prospects. Apt traders must be having fun with the current price volitility, but for the long term investor the frustrating price dips present buying opportunities. When the PPA is released there will be more reasons for price volitity ... at much higher levels.
Grajee .. I posted at yahoo under the name jon_pat1120. I have responded to your comments several times and have enjoyed the intelligent dialogue. Lately I have avoided making comments there as you, capo and other informed thinkers are over here and mostly self serving babble is posted there.
Bravo Kittie for an astute observation. Many articulate people have not received replies from the company lately which is unusual. For one swaggering, profane habitual poster to receive special treatment from Tammy is unlikely.
The company is obviously in a quiet period which could portend positive or negative results. The void of silence will draw in many loud voices spouting drivel for purposes other than enlightenment. The amount of people inticed into "cnbc"s diatribe only seems to feed some selfish agenda.
Regardless if there is privately held information or not, we will eventually know how business will transpire. My job as a buy and hold investor is to cancel out the noise and stay focused on my objectives. Traders who buy and sell based on gossip are free to flip the blips. It is nonetheless agitating to see bragging people represent themselves as being in the know and instead of keeping it to themselves or sharing it they attempt to influence behavior of others. Thanks kittie for cancelling out some noise.
Buddy. That last blip from .009 to .01 was me buying 50k shares at ask. I couldn't get filled any lower. Todays total trading was about $5500 with my buy being about 10% of the volume. Besides gloating at my ability to move markets, I am alerted that there is virtually no committment to this stock either way.
Yes grajee, I wrote on the day of the last PR but with no reply. Tammy promptly responded to my last inquiry and invited me to write any time. Her silence seems un characteristic, but I'm not reading anything into it.
WWEI has frequently shot up on hopes then agonizingly settled back down. I am backing up the truck in expectation that within 10 days another upward flurry will occur.
Shannon de Delley is president of Windcor. He mentioned that on the cc.
http://www.zoominfo.com/people/Dedelley_Shannon_476843525.aspx
Here is another ...stock picker:
http://investorshub.advfn.com/boards/board.aspx?board_id=9868
Try it this way:
http://www.windenergynews.com/
Wind Energy News
A site that some may find informative.
http://www.windenergynews.com/component/option,com_frontpage/Itemid,9999/
Well said Doubloon.
Thank you for succinctly restating the premise that concious review of previous posts clearly reveals. There are two testamonies that there are facilities in China, there is a doubt as to the authenticity of the company. But I restate, it has yet to be discovered if the alleged stores have any relationship to the stock "KWGI" If the truth is revealed and the stock resumes trading, many of us will be jumping in with our gambling money or we will make a hasty exit to find a better game. Civil dialogue directed toward either outcome is appreciated.
Here are some leads for a search for reality:
10,000 square foot corporate headquarters in the city of Zhuhai next to Macau
For additional information, please contact:
Ka Wang Holding, Inc.
Ruzao Zheng
(702) 995-0477
or interestingly:
Ka Wang Holding, Inc
451 Kennedy Road
Akron, OH 44305
United States
Founded in 1980
26 Employees
Phone:
330-733-2841
Fax:
330-733-2264
Key Executives
Ms. Denise Sullivan
President
Mr. Rob Crosbie
Director of Marketing and Director
J. P. Martin
Executive Officer and Director
I'm inclined toward your thinking OldPro.
Waiting can try the patience and compell one towards hyperbole in hopeful pumping or cynical bashing. So far the comments here have been thoughtful, civil and succinct. I hope that we get less crass comments like "What a POS!" and unsubstantiated inuendo as "The website is a carefully crafted fabrication." Try as I might I can't find an address for Ihub but I won't suggest that it is therefore a scam.
Weighing presumtious rhetoric with cTakagawa's comment that he has "been in one of their stores" makes it clear what is "concrete" and what is opinion. I am not seeking to debate anyone, but I do welcome articulate thoughts based on research, experience and analysis.
We shall all know the reality eventully.
The unseeable financials are hopefully another, albeit, bumbling step toward 15c211 compliance. I hope the financials are more accurate than their spelling: "Ka Wand."
Paitence is a virtue. While holding all my shares virtue is the only recourse.
Thank you eliot.
While waggett, rjjack52, prisoner, you, I and others quietly sit here at the roulette table waiting for the wheel to stop, the room rumbles with cheers, jeers, gossip and trivial small talk. Voices of reason arise contributing L2 interpretations, true research and informed conjecture.
Though the odds seem against us, I appreciate fellows like leebret being gentlemanly about pointing that out. My bet is irrevocably placed on the table. Intelligent conversation is appreciated during the wait for the ball to stop on our number. I hope to see you at the next table or on waggett's beach. Then, I'll give you a copy of my book.
Thank You waggett. Hopefully I'll see you on the beach.
It doesn't take a Super Genius to perceive that the scenario you are suggesting isn't raising the share price in the long term. Yes, there is pumping the dead horse incessantly as well as beating it unrelentingly. All rhetoric. Paid pumpers, paid bashers, raving true believers and blustering skeptics are all noise that we must endure while honoring free speech. Meanwhile, I hold 2 mil shares having averaged down from much higher price levels. My buy descision was based on PRs and weighing the negative and positive research results and opinions of the very few clear thinkers here.
Unfortunately, with no new facts to enforce disciplined thinking this forum often degenerates to a verbal food fight. When the end comes some will have egg on their face and some will probably do a spiteful end zone dance. Meanwhile, we silent lurkers will either exit to the bank or move on, and for future reference we'll remember the names of those here who displayed class and those who would probably never be so trite if we knew their identities.
Thank you for the optimism Doubloon.
I hope the positive conjecture of yours and cTakagawa's proves accurate; and, that the rumors you cite are well founded. I will remain long with my shares .. ha ha .. and I will reserve singing the Doors' "This is the end my friend" for another occasion.
As I said, my Chinese friend's sister in Hong Kong has verified to my satisfaction that there are indeed stores under the Ka Wang name. I speculate that the stock, KWGI, is related to that business. My uncertainty is if there is validity to the $.50 EPS projection. If the audited financials were completed in December as promised and contain encouraging numbers I would expect to have heard from the company by now.
I have noted the talk of KWGI being incapable of conducting business in a fashion acceptable to US investor's expectations. So there could be a further frustrating wait to hear financial news. All that said, if the share price were to drift way down on light volume, I may be inticed to step up to the craps table and place a bet. I already own shares committed to long term, and I will jump in aggressively if good news appears.
Correction: from $.19 to $.30.
And the move was a gap up from .09 to .30 just before the close on a volume of 13,463 shares. That is around $4,000. Still random noise. I wouldn't base purchase decisions on that either. It is certainly a reminder to use limit orders. I'm with you Old Pro, awaiting news or more volume. If volume surpassed 200,000 in a day I might perk up.
Up 11% on 1000 shares volume is just noise. I, too, own shares and plan to aquire more like Old Pro if good news comes. My perverse side wishes that KWGI would get caught up in the worldwide panic selling so I can get in at lower levels. With what Doubloon calls "Vegas money" I would double down. In regards to Bmo's question, I have emailed KWGI too ... to no avail.
I think the latter. Form 15c211 just gets them trading again. They seem to have to provide a modicum of information indicating that they are indeed a real company.
I wonder why they would go through proceedings to get relisted only to have their share price go drastically lower as one poster predicted? To avoid Class Action Lawsuits?
I would hope that the Form 15c211 implementation will be concurrent with the release of audited financials. I agree with you that communication is needed, albeit there is miniscule execution. Yes, what a shame.
Will this help?
Ka Wang Holding, Inc. Announces the Update of Filing Form 15c211
Friday January 18, 4:36 pm ET
LAS VEGAS, NV--(MARKET WIRE)--Jan 18, 2008 -- Ka Wang Holding, Inc. (Other OTC:KWGI.PK - News) (the "Company") is in the process of updating Form 15c211 so the Company can resume trading on the OTC. The Company will release the name of the market maker after the form has been filed which is expected within the next 7-10 days.
OldPro and Doubloon, I'm glad to have some company with interests in KWGI. I have 50k shares and have been averaging down.
I know a Chinese lady who asked her sister in Hong Kong if she has heard of Ka Wang. She said they are like Neiman Marcus catering to the yuppie types. Hopefully that hearsay has a connection with the stock, and hopefully they will become fully a reporting concern.
I appreciate your posts and hope to find reason for more future dollar cost averaging.
I own 120,000 shares. I registered with IHub just now to contribute this information. Good luck with it.