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The trick is to buy the right ones when they crash. Ones that have real concrete operations and assets and a real future, with no signs of a real problem other than selling due to fear by association and late, slow accounting for US standards for the annual reports.
HRBN was attacked once again over the weekend by another short article, and yet it rallied 80% yesterday when HRBN announced a private buy out was approved at 4 times the retail price. SCEI is up 20% today and has only been trading again for a few days since it was halted and dumped by NASDAQ. DEER was up 20% earlier today, in spite of ongoing attacks which it has adequitely fended off.
I may be too early here, but I am here to stay a while. Will add more if it goes way down further. I am convinced some of these may be cheap enough to become merger and takeover targets! I have no doubt many Korean, Japanese and US battery companies would love to buy this one, lock stock and barrel at this price.
No need to worry, I already caught the falling knife, and its a real beauty! LOL That was one hellofa drop!
I am now the proud owner of my first CSGH shares! I did not expect the price to fall this far and fast on a day like today, but I suspect somebody wanted cash to buy into today's rally elsewhere and needed cash, and figured they could buy back here latter and cheaper.
Somebody wish me luck! LOL
Time to polish up my new knife for the buyers when they come back,LOL
Any idea what caused it to be so large today?
I read yesterday that the June 9th report showed that YRCW had been on the SEC's fail to deliver shares threshold (Naked short) list for something like 53 days straight already!
It may be time to squeeze the shorts and make them scramble.
Some one was passing out early Christmas gifts again earlier today in our merger partners stock AEXP.
We just might break out over .20 this week, and try to make .20 support again.
Any idea why they are so focused on Hydrogen generators lately? I have found their PRs on the hydrogen generator plan (what ever it is) a little lacking. I am almost tempted to call and ask what they are planning. Are they planning to sell hydrogen for cars, sell or rent generators, tie then in with the TTEG engine or what? They must have some sort of plan, but not sure what it is concerning the hydrogen generators. I did read a political piece about Detroit and Washington battling this week over DOE funding for Hydrogen - fuel cell cars that Detroit plans to roll out in 2014!
I am here because of the TTEG engine, which can run on hydrogen, or any other fuel. I wish they would pass along more frequent updates on all the China engine deals?
Yes, I am quite familiar with it, own several of them. What do you want to know?
Many are under major short attack, with articles written claiming they are frauds, and many longs have panicked and sold. Some have record short volume now.
I am starting to think the serial dilution loan sharks behind COIN overplayed their hand. At the rate this is dropping, they will loose their shirt too by the time they get rid of their massive hoard of new shares. Not even sure they have had time to convert their shares and get them to the broker to sell, but they may have? If they have converted, my guess is they are adding to the other sells that want out. And I can not blame them.
My best guess here is that we go sub penny next in a nasty sell off panic, where everyone runs for the exit all at once now, this summer, who knows maybe this month. But I suspect it is heady to .01 by July 2011 now.
Most of the Terra to COIN shares should be sellable also, and I suspect the massive share dilution from the last debt conversion is done.
The CEO here should be tarred and feathered for his incompetence IMHO.
I also suspect they will do a 100:1 R/S when this sell off bottoms, and try it one time before they BK.
It is time we put all Wallstreet CEO's on straight commission, where their salary depends on sales and profits, and not on PRs and other future looking lies!
Next good news to drive the sell off should be NASDAQ de-listing any day now.
Interesting, I thought an MM grabbed those, as someone bought 195000 shares before you at .074/share, so I thought an MM took out a stop loss to cover the prior sale at .074.....lots of early volume....Are you going to hold them or flip them?
I see a lot more active MM bids here today! Hopefully a good sign? All the volume is here today, and not in MNLU?
I will be happy with $16/share.
One number I recall seeing 2 years ago was that KWK could make a profit at a little under $3.
$500,000 month cash flow is not the max flow rate for the BP#1 well, it is the available limit excess capacity of the current pipeline MNLU can quickly and easily tie into. Which IIRC is less than 25% of the expected wells full capacity. 100% RTO on the one well could be about 1 year, if the current pipeline could handle the flow, but additional pipeline capacity will be needed next.
Found and eye opening article today:
http://www.dataexplorers.com/news-and-analysis/shorting-shipping
Seems institutions have been lending shares to be shorted, and some are at the limits, but the institutions have also been buying more shares while they we were lending them to shorts, at least according to this author.
Nice 30% rally today, in spite of NASDAQ delisting! Shorts must have covered?
LOL, now you have me wishing I was out there on the water on my rubber inner-tube, or float! That flood water sounds like a cool delightful change from the all time record 105 F heat wave we have had in Texas (Houston) the last 5 weeks. Burn ban, and flash fire, high winds advisories, warnings are up, about to start rationing water next here!
I will pick January 2012 for BV earning its first Million!
CGYV hired Deloitte to replace their auditor 2 years ago, and they went back 2 years to redo the prior annual reports due to mistakes in way warrants were valued, and it took over 16 months for Deloitte to complete the redo of 2 prior years reports and the current report before they were current again. They were already an OTCBB stock, so the ticker just changed for 20 days, then back, but the stock price got hammered for a good year. Then the reports started trickling out, with minor changes in the non-cash earnings based on the non-cash changes in warrant (derivatives) values, and the stock rallied back to old levels. All was much to do over nothing. Being a NASDAQ stock, a long delay could hurt! That is worth discussing. What is the latest status. I thought their reports were current?
APWR is not the only China stock late on its annual report. Seems to be a sector problem, partly because they only do the annual audit once a year, and it seems to delay the reports as the auditor must start from scratch and go all the way back, and the quarterly accounting people are not the same people as the auditors. I think the shorts know that, expect this sort of delay and they time their attacks for the this part of the year each year on the China/US stocks like this one? That is also why I look to start buying now, or at least redo my DD now.
I just placed my first order for CSGH shares in case it goes a little lower, I picked a price to try and grab some cheap shares on the next dive, if it comes.
One interesting thing I see here is a total lack of short shares in this stock, unlike others in the sector. Either the shorts never attacked this one, or they already covered here.
I have no doubt it is already cheap enough to buy and hold long term, and is way over sold, only question is when will it bottom, and at what price. Good chance it might go sub dollar next month, but the stock holder equity is so high compared to the price, it may have bottomed here for this month. I already missed buying at today's bottom, so I will wait and hope for a new low or retest of today's bottom before taking an initial dip back in the pool here. It is already heading back to $2 now after bottoming at about $1.25 this morning.
I have been in the China stocks including this one (on and off) for about 3 years now, and I am not worried about the recent set backs in accounting, and short attacks on stocks like this one, as I think I have a pretty good picture now of what is really going on. No one believed me here a year ago when I sold at APWR at $14 and said I would wait to buy back at about $2.50, and now here it is under $2.50, and now I will say it again, it is close to time to buy it back, especially if it makes one more hard, high volume dive under $1.
CYTR now owns some shares of ANX from a recent drug deal. ANX was upgraded to a target price of $16 today, and is up 12% at $2.68 already.
For those that don't think any of the China stocks can rally back, just look at HRBN today! Up 58% on 11 million shares, in spite of another short attack recently! I am calling this news today a GAME CHANGER on shorted China stocks!!!!
Shorts finally got screwed there!!!! As the the deal to take the company private has been approved according the news.
WOW, I just checked the common stock equity value per share here, came up with about $6.8/share based on data at Fidelity.
This one is way oversold already!
For those that don't think any of the China stocks can rally back, just look at HRBN today! Up 58% on 11 million shares, inspite of another short attack recently!
I am amazed you all do not see the potential for them to sell bonds or convertable debt after the current well is producing CH4 and cash (thus proven), to be used to drill a few more wells, in conjuction with a JV partner that expands the pipeline delivery system at their expense, while we watch the price of NG climb for 2-3 years, to get the real potential value of this rare property?
IIRC the 8-K disclosed who the consultants were, and someone here said they were attorneys involved in M&As.
I like this company because its operations are in China, it controls a substantial amount of the rare earths in China used to make cobalt-lithium oxide based batteries and anodes, and China has set export limits that basically cut off exports of these materials to the US, Japan and Korea, meaning non Chinese Lithium ion battery makers are screwed on supplies for several years now while other countries try to crank up lithium, cobalt and other rare earth metals production used in these batteries. With shorts killing the china stock prices, it makes the coming bottom on these Chinese lithium ion battery and raw material suppliers a no brainer BUY for 2 year time frame!!!!
Note that I said coming bottom!!!! I believe this one, and several others I already own shares of in this sector, will not only survive, but will rally hard by year end, or early next year.
The only real question I see is where is the bottom to buy at. I do not think that will happen till July-August, and it will depend on what Washington does with the debt ceiling, and the mexican stand off that is coming (freight train heading for a brick wall).
Another Company that is turning methane into a replacement for crude oil in chemical plants. This one converts methane into ethylene, the feedstock for making polyethylene, among other things!
http://siluria.com/?p=230
MNLU methane has a bright future!
I still won't be surprised to see another 50% drop this summer in China stocks, so while I already have some China shares, like ABAT, I am holding back some dry powder for some real serious market lows if Washington mucks with the debt ceiling this summer, and Greece and the other Euro-PIGS are still floundering, and the shorts take one bit out of the markets. I learned that lesson in 08-09, not to get all in too soon.
ABAT could easily drop to .50 on momentum before it bottoms. I still think it was a steal at $2, so I like it even more now, but long term value, and short lows are different topics and certainly different targets!
GLTA but the shorts!
It won't be long now before it is time to grab all the APWR shares we can. Only question is, where will it bottom, and when.
http://www.smartplanet.com/blog/intelligent-energy/start-up-transforms-carbon-into-gasoline/7135
New PR out last week.
I still do not trust their back door stock sale history. No reason I see for them to have changed it yet.
AXPW got a mention here today:
http://seekingalpha.com/article/275440-10-clean-energy-stocks-worth-a-look?source=email_watchlist
Been do lot of digging on that topic ( CSGH consultants they hired with stock shares ), and it looks like they are looking for opportunities to expand via buy out opportunities, and the consultants are probably tasked with doing the DD and shopping. My guess is they may be planning to buy other battery companies as they vertically integrate the company, like ABAT did 2 years ago.
My last Chat with the new director led me to believe the company is not and will not be for sale. That leaves only various JV deals on the table, like a JV deal where a partner handles the production and MNLU continues drilling more wells.
Now there is a NOVEL thought!!!! Put the entire staff on straight commission, all the way to the top!!!!
Been reading up on China stocks, and this found this write up indicating the Chinese RTOs are safer than than the China IPOs!!!!
http://seekingalpha.com/article/247403-uncovering-the-real-problem-with-chinese-reverse-takeovers
Here is just a small piece of what is worth reading in the link!!!
Dated, but very informative article / interview of a Li electrode supplier in China (CBAK is in CHINA, LOL), talking about the li-battery and Li-Cobalt-Iron-Phosphate raw materials sector and the E-car future in China, and moves by the Chinese government to promote the E-Cars over petroleum fueled cars, with a huge $8,000 subsidy for E-car buyers!:
http://seekingalpha.com/article/208293-interview-with-china-sun-group-vice-president-and-coo
Dated, but very informative article / interview of a Li electrode supplier to ABAT, talking about the li-battery and raw materials sector and E-car future in China!:
http://seekingalpha.com/article/208293-interview-with-china-sun-group-vice-president-and-coo
Interesting new article on NG, China, Russia...
http://seekingalpha.com/article/275484-3-natural-gas-plays-bucking-the-commodity-down-trend?source=email_alternative_energy_investing
No, but I am watching to see if it drops another 50% before I add to my ABAT holdings.
More very interesting news. First we have insider buying, here is just one of many:
http://www.sec.gov/Archives/edgar/data/1140310/000114420411035706/xslF345X03/form442431_061411164230-.xml
The second news is even bigger news I think. It is certification of a 14.5 million dollar IRS tax credit, which is a little more than 1/2 of the market cap on this stock!!!!:
BY Investars Analyst Actions - private
— 7:31 PM ET 06/18/2011
On June 17, 2011 Ford Equity Research upgraded ADVANCED BATTERY TECHNOLOGIES, INC. from FAVORABLE to MOST FAVORABLE.
Did it ever start trading? What is the current symbol?
Can somebody tell me why anyone would want to add water to coal before burning it as fuel?
Seems my conjecture last night was right. I found one China under recent attack has confirmed this:
http://en.longtop.com/news_info.aspx?id=544