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$PME - looking to break $3 resistance.
http://stockcharts.com/h-sc/ui?s=PME
SKIPDAWG
$PME huge accumulation. $3 break coming...Chart:
http://stockcharts.com/h-sc/ui?s=PME
SKIPDAWG
Buy $PME with your cash flo!
$PME? I see buy now..sell at $4.22 for easy 50% gain on weekly...U? Great news and nice EOD buying today at HOD. $3 break coming very shortly. Just sold dredging portion for over $300 milly and still have over 120 vessels fishing and supplying fish to distributors to PRC.
No brainer imo.
SKIPDAWG
http://stockcharts.com/h-sc/ui?s=PME
SM...$PME $3 break upon us. Great news and wowsers. China play people going to remember for a while imo. We break $3 then $3.50 will be easy. After that CGIX all over again.
CHEERS
Daily:
http://stockcharts.com/h-sc/ui?s=PME
Weekly is better though.
SKIPDAWG
ICON - Best watch $PME erupt quicklike. Watch the bust through $3. CHart:
http://stockcharts.com/h-sc/ui?s=PME
check out the weekly and the news.....boomtastic coming. CGIX all over again. CGIX is also a buy right now. Just finished their offering and going straight back to $18 and then some within 2 weeks or less.
CHEERS,
SKIPDAWG
$PME daily chart below. Weekly looks better. Watch when we bust through next resistance. Going to be a thing of beauty. Next China play erupting imo.
CHEERS,
SKIPDAWG
http://stockcharts.com/h-sc/ui?s=PME
$PME Chart: bout to breakout over $3.
http://stockcharts.com/h-sc/ui?s=PME
Check out the weekly and the news as of late....= TASTY!
No brainer entry under $3 imo.
CHEERS!
SKIPDAWG
$PME easy 50% imo. MACD bustin upwards and $3 will be a price of the past. Almost blue skies up to 200dma imo. Nice EOD slaps at HOD today. Just getting noticed. Worth a look. Great buyout news yesterday for over $300 milly for just the dredging business. Still have over 120 huge fishing vessels supplying fish to distributors in PR of CHINA! HMMMM fish!
http://stockcharts.com/h-sc/ui?s=PME
Cheers,
SKIPDAWG
$PME easy 50% coming. Closed at HOD. Great news as of late and chart just starting to bust up $3 resistance. 6,000 shares at $2.85 got hit today eod at HOD and once we get above $3 its gone imo. The new CGIX in the making. Just like when I called CGIX once it busted through $10 and went to $23 in a week.
Cheers!
Great spot to enter before $3 break imo.
http://stockcharts.com/h-sc/ui?s=PME
SKIPDAWG
$HIMX looks good but $PME looks great. Well bust through $3 this week. Just announced dredging portion of business buyout. They have over 120 huge vessels catching and supplying fish to distributors in PRC. Booming chart: $3 then $3.50 then serious breakout imo.
http://stockcharts.com/h-sc/ui?s=PME
SKIPDAWG
$PME bustin a move here. $3 break and then $3.50 will get cut like swiss cheese imo.
Adding here. $2.85 got smashed EOD to close at HOD. Great news as of late. Worth a look and definite entry imo.
SKIPDAWG
http://stockcharts.com/h-sc/ui?s=PME
$PME - BOOM TIME RIGHT NOW! CHART = NO BRAINER!
http://stockcharts.com/h-sc/ui?s=PME
GLTA,
SKIPDAWG
$PME trigger = NOW. sell at 200 mda. Huge buyout news yesterday for dredging business. Still have fishing business and 120 vessels selling fish to PRC. HMMM... $2.85 resistance got smashed today and closed at HOD. Going to go boom boom this week imo starting in the AM.
SKIPDAWG
$PME anybody like a said? Up over 10% today Chart:
http://stockcharts.com/h-sc/ui?s=PME
Soo much going for this expanding company.....Chart gets past $3 its on. $CGIX in the making like after that broke $10 that I called 2 months ago.
Real deal,
SKIPDAWG
$PME-Nice News,Increased volume,$3 break coming imo.
SKIPDAWG
YEAH!...AWESOME NEWS..PROMISSARY NOTES ARE GONE!
$PME China play HUGE news this AM. We bust thru $3, then $3.50 and its all she wrote imo...GL ALL!
News:
http://online.wsj.com/article/PR-CO-20131028-902943.html
Chart:
http://stockcharts.com/h-sc/ui?s=PME
Should be an awesome play imo. Company catches a buttload of fish for the PRC in addition to its dredging business.
Cheers,
SKIPDAWG
$CGIX BOTTOMED AFTER OFFERING COMPLETED. SHOULD BE A NICE PLAY FROM HERE ON OUT. LESS THAN 9 Million oustanding after offering. Tiny float that moves really nicely. Chart will look realy purty after tomorrow imo. REE, IGC, VICL, AND PME ALL LOOK NICE TO ME AS WELL.
CHEERS
$REE is jetting - volume pouring in..Get in now!
$REE is jetting - volume pouring in..Get in now!
$REE Bottomed..MACD just starting to curl. Will be a runner here shortly....Good day for entry imo.
Cheers,
SKIPDAWG
$VICL and $PME weekly = identical. Both going to move huge very soon. $VICL will take much more money but both look very very similar.
SKIPDAWG
Easymoney - check this China Play out ($PME):
PME cup and handle chart:
http://stockcharts.com/h-sc/ui?s=PME
Some recent news articles. Basically doubled their fleet..
http://finance.yahoo.com/news/pingtan-marine-enterprise-announces-delivery-110000915.html
Anybody know of anybody over in the PRC that eats fish? Hmmmmmmmmmmm.
CEO trying to buyout dredging business:
http://finance.yahoo.com/news/pingtan-receives-offer-dredging-operations-110000089.html
Very low floater that moves on nothing. Any buying pressure and this one will shoot. One of my personal fav's. Loading every day when I get the chance.
Pimping imo,
SKIPDAWG
China cup and handle anybody? $PME chart about to rocket. Nobody is selling after last spike. Buyout for dredging on the horizon. Any day now imo. I will be drinking out of this cup in a week.
We will blow past $3 then $3.50. Money pick.
SKIPDAWG
http://stockcharts.com/h-sc/ui?s=PME
$REE looks awesome. Daily MACD curling. Lots to come imo.
About a week out from being SCON.
SKIPDAWG
REE also has tons of money in above these levels. Just brought a new stud on board to progress business.
Pulled trigger today in low 2s. It will run imo.
On a side note. Well miss ya Jimmy Leyland. You've been a class act in Detroit the past 8 years. C U in the hall of fame bro.
SKIPDAWG
CGIX. 14 is time to get back in imo. Company has a ton of work in the works. This quarter will show serious growth and secondaries knocking serious debt off the books. Easy money imo.
Cheers
SKIPDAWG
Time to get back in imo. Company has lots in the works.
SKIPDAWG
Charts don't lie. We go this week imo.
Gl
SKIPDAWG
Added today. Lots of money in above these levels. It will go imo.
Gl
SKIPDAWG
Morning all!$PME DD and Chart! China play that is heating up. Company dredges as well as has many vessels in fishing fleet for providing fish to ditributors in PRC. Chart is looking very good and $3 break is coming. Accumulation going on now before $3 break and then $3.50 break sends it. One of the nicest I see out there righht now. Had recent spike and NOBODY is selling. People know what is coming here imo.
Chart:
http://stockcharts.com/h-sc/ui?s=PME
Recent vessel increase:
FUZHOU, China, Sept. 13, 2013 /PRNewswire via COMTEX/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") an integrated marine services company in the People's Republic of China (PRC), today announced the recent delivery of 20 newly-built fishing vessels, which were initially ordered by the Company in September 2012. With the addition of these vessels and the recent acquisition of 46 vessels in June 2013, the Company's total current fleet has increased to 106. The Company expects these vessels will materially increase its fish harvest volume and revenue, while being immediately accretive to net income.
The vessels delivered to the Company (full list below), which were built in Shandong Province, were delivered to the Company in early September. These vessels have an expected run-in period of 3 - 6 months, in which each are placed into the sea for testing prior to full operation. At full operation, each vessel is capable of harvesting 900 to 1000 tons of approximately 30 types of species of fish from the Indian Ocean. At current prices and operating at full capacity, each vessel can generate annual revenue of approximate $3 million USD with annual net income of approximate $800,000 to $1 million
Buyout news from CEO taking over Dredging business and removing current promissary note: Expecting news this week:
FUZHOU, China, July 29, 2013 /PRNewswire via COMTEX/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") an integrated marine services company providing territorial sea fishing and dredging services in the People's Republic of China (PRC), today announced that its Board of Directors has received an offer from its Chairman and CEO, Mr. Xinrong Zhuo, to acquire the assets of China Dredging Group, or CDGC, and its PRC operating subsidiaries, Fujian Xing Gang Port Service Co., Ltd.
The Company's Board of Directors (the "Board") recently met to review the proposed terms of the offer, and as part of the process the Board has retained an independent financial advisor and investment banking firm, Duff & Phelps LLC, to provide a fairness opinion in connection with a proposed transaction (the "Proposed Transaction," as described below). Mr. Zhuo and the Company's Senior Officer, Mr. Bin Lin, have recused themselves from all Board discussions regarding the Proposed Transaction due to their position as interested parties in the sale.
Proposed Terms and TimingMr. Zhuo has offered to purchase the CDGC business and assets in exchange for (i) writing off the Company's current $155.2 million promissory note (matures on June 19, 2015 and bears an interest rate of 4%); (ii) transfer certain fishing trawlers to the Company. As part of the Proposed Transaction, the Board has also retained, BMI Appraisals Limited ("www.bmi-appraisals.com") to provide an independent valuation report on the vessels that would constitute a portion of the consideration. BMI Appraisals is one of the leading valuation companies in Hong Kong and China and has been engaged by more than 1,000 companies, of which more than one-half are listed companies in Hong Kong, China and overseas.
GL Today all!
SKIPDAWG
Morning all. Liking the looks of REE chart. Looking for entry in low 2's. Looks like it wants to turn. Also, AVEO has similar setup as VICL right now. $PME has folks accumulating for $3 break. It breaks $3 and $4's will be next quick. $PME working on deal for their dredging portion of their business. I am feeling news this week.
Cheers,
SKIPDAWG
REE Chart:
http://stockcharts.com/h-sc/ui?s=REE
AVEO Chart:
http://stockcharts.com/h-sc/ui?s=AVEO
My fav right now...Next China screamer- Heading to 200mda imo - $PME Chart:
http://stockcharts.com/h-sc/ui?s=PME
$PME - Next China Breakout - Chart Below
http://stockcharts.com/h-sc/ui?s=PME
Worth an entry imo.
SKIPDAWG
$PME folks about to fly. Look at this new china play...
Chart:
http://stockcharts.com/h-sc/ui?s=pme
Just busted thru a block at $2.02 and $2.10 late Friday. 100,000 shares in last 30 minutes.
FUZHOU, China, Sept. 13, 2013 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (PME), ("Pingtan," or the "Company") an integrated marine services company in the People's Republic of China (PRC), today announced the recent delivery of 20 newly-built fishing vessels, which were initially ordered by the Company in September 2012. With the addition of these vessels and the recent acquisition of 46 vessels in June 2013, the Company's total current fleet has increased to 106. The Company expects these vessels will materially increase its fish harvest volume and revenue, while being immediately accretive to net income.
The vessels delivered to the Company (full list below), which were built in Shandong Province, were delivered to the Company in early September. These vessels have an expected run-in period of 3 - 6 months, in which each are placed into the sea for testing prior to full operation. At full operation, each vessel is capable of harvesting 900 to 1000 tons of approximately 30 types of species of fish from the Indian Ocean. At current prices and operating at full capacity, each vessel can generate annual revenue of approximate $3 million USD with annual net income of approximate $800,000 to $1 million.
Mr. Xinrong Zhou, Pingtan's Chairman and CEO, stated, "We are pleased to announce the delivery of these new vessels. We believe that the expansion of our fleet will continue to create economies of scale for Pingtan. Increasing our volume will help in our negotiations with distributors and exporters, and also create the possibility of selling downstream directly to end markets. We expect to remain aggressive in increasing our fleet, and look forward to enhancing our leading position in China's seafood industry."
Ecomike - Yes...not only because of their charts I am also getting into them because of their businesses. $SCON is a superconductor business. They make wire that is used for larger current applications as well as for companies needing good clean RF communication equipment. Working with two large wireless companies including AT&T now. Just moved into larger manufacturing plant in Austin TX from Cali. One contract news from going ballistic and I feel that is coming shortly...not to mention chart sitting right at 50dma and strong eod buys at $1.64 Friday.
$PME is a great China play right now. They do dredging and also fishing and distribute fish to Peoples Republic of China. They just bought and acquired several new fishing vessels and now have over 100 large vessels. They just bought 20 new ones for $400 milly. I mean big ships. Their quarterly revenues should spike large this quarter. Look at their latest news articles and you will see that they are not issuing anymore fishing licenses for companies like theirs. They are the largest over there and I am thinking they will look to acquire some smaller players as well. For about the last week there was a large block at $2.02 and $2.10. Those were taken out eod Friday with 100,000 shares going in last 30 minutes. This chart as well looks money.
SKIPDAWG
10/13 plays - $SCON and $PME huge eod volume Fri.
No brainers and easy money imo this week,
Both great long plays and charts heating up and both have lots to go.
SKIPDAWG
No brainer plays - $SCON and $PME this week!
LARGE eod ask slaps FRI on both.
SKIPDAWG
$SCON and $PME - Large volume pouring eod Fri.
Both will move hard and fast imo this week.
SKIPDAWG
$SCON HAD LARGE EOD SLAPS AT 1.63 and 1.64. Next week we blow through the 50 dma and then some. If customer contract announced we go much higher. They moved to Austin TX to improve their manufacturing capabilities and were soon going to find out why imo.
SKIPDAWG