is Loving China.. considering learning Mandarian
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Cajun! What the hell man..
Tiger is da man! lol.. I guess he likes the long stroke
Sorry was just thinking about ya while they were talking about the old "tiger" on CNN.
Tiger Woods won't be playing any more tournaments this year.
However,I'm sure he will get in some holes here and there.
SUTR- That chart is mighty tasty though..
No knowledge of fundies.. might have to take a closer look. The chart however may be enough to spark my interest and put it in the watch list at least. All this "green" momentum might spark some retail interest.
If the mods don't.. you can be rest assured I will keep the sub penny crap bashed into the gutter lol
Catch a big one and post a pic!
My main focus is capital preservation.. if I make money its a bonus lol..
I guess you have to force yourself to overcome the "I'm going to make money" mentality to the "I'll be dammed if I loose money" mentality.
Here is an example of how I work..
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=44063042&txt2find=feed
http://investorshub.advfn.com/boards/replies.aspx?msg=44063042
I bought the stock at intraday support. As soon as I bought it I decided I was not willing to hold the stock beyond a low threshold of support.
I came back in at $5.16..
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=44063482&txt2find=feed
Made a little coin on the brief rally and now I'm on the sidelines..
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=44337553&txt2find=feed
CNOA - Yeah, I didn't think it would be a quick recovery..
I sold into the rally after the bottom fell out from a $.15 long position.. http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=36533420&txt2find=cnoa
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=43744312&txt2find=cnoa
I told G. Bradford I thought CNOA would flounder about for awhile. I know he was bullish on it, but I had my doubts the market would be.. my little SIAF pwnd his CNOA though (inside joke if he is reading)
The chart is becoming attractive, question is will the market think so. It is one of those wait and see deals.
It is on my watch list.. but only as a swing trade. I'm not happy enough with management right now to maintain a long position.
Depends on how down you are. The hardest thing for any investor/trader to do is sell. I pretty much sell no matter what my feelings if a stock breaks below its line of support. You have to force yourself to take emotion out of the equation.
Buy on support.. if the support fails.. sell. Take 5 and re-evaluate.
The time to have sold CNOA is probably passed.
Yep, fundamentals first (helps you pick the company) Technicals second (helps you determine entry and exit).
You can have the best chart in the world, but if the fundamentals of the Company are not sound.. the chart is pretty much worthless.
READING SEC FILINGS
Description of Forms
http://www.sec.gov/info/edgar/forms/edgform.pdf
All SEC forms have a specific format. You can download the specific SEC forms online.
For an example we will use Form 10
http://www.sec.gov/about/forms/form10-k.pdf
Form 10 is broken down into two parts. Part 1 is general information. Part 2 is financial information. Each of the two parts is broken into items.
EXAMPLE: Part 1, Item 1 Business. This is the section that gives a summary of the business and its development. This section is governed by Item 101 of Regulation S-K.
Regulation S-K can be found here.
http://www.law.uc.edu/CCL/regS-K/index.html
Item 101 can be found here.
http://www.law.uc.edu/CCL/regS-K/SK101.html
Thus all the information required in Part 1, Item 1 of Form 10 is found within the above link.
Once you learn the different sections, you can breeze through an SEC filing in minutes to find the specific information you are looking for.
CNOA - Just gotta know what your looking for. Every SEC form has a specific format. Once you are familiar with the format, you can easily skip to the information you are seeking.
It is the 6th amendment to their Form 10 filed 2/13/2008
EXPLANATORY NOTE
The Company filed its Form 10 with the Securities and Exchange Commission (“SEC”) on February 13, 2008. In accordance with the regulations of the SEC, the Company’s Form 10 became effective March 30, 2008. The Company is filing this Amendment to respond to comments received from the Staff of the SEC regarding the Company’s Form 10 as previously amended.
BSPM doesn't look too toppy to me.. looks like the bull is breaking out of his stall.
I never hate a company.. I will trade stocks in companies I completely can't stand if the market conditions are right.
Now I won't go long in a company I don't like. CNOA is no longer loved by me.. but I still won't turn my nose up at a potential quick trade.
Right now my little pinky SIAF has better volume and support than CNOA.. so I'm not sure CNOA even interests me as a trade anymore..
We will have to see.
FEED on the other hand is getting more and more attractive by the hour.
Still debating that.. I guess it's going to depend on what the market does with CNOA the rest of this week.
I may not have any funds though.. I'm considering putting some support behind SIAF. It has been showing some good strength and liquidity for a change. I also feel more comfortable with SIAF management.
CNOA just has me skeptical.
Yeah they are..
The number of available shares to short through IB continues to climb. It is now to 6,000. Not sure what that means, but I do know the stock started feeling heavy once IB started having inventory.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=siaf&cntry=usa&tag=United+States&ib_entity=llc&ln=
Hope you grabbed some popcorn for the sidelines ;)
SIAF getting some action..
Break of $.95 pretty much means $1+
Look at the chart on Nov 23rd, you will see where the stock "gaps" up from the previous close.
I imagine if the 200 day support fails which it appears to be doing so right now, it will most likely attempt to close that gap.
SIAF ($.91) Chart and Profile
This one is clean, due diligence below..
My one and only pink in the portfolio.. I think most the available float has turned over now. It is worth a look if you missed the original run. I'm hoping more people will get interested. The stock has been trying to get liquid. They have secured a major Joint Venture with the China Government in HaungYuan. http://finance.yahoo.com/q?s=SIAF.PK
OTCBB up list expected in March 2010. Auditor is Madsen and Associates, CPA's (PCAOB Registered). Attorney is Michael T. Williams who is going to handle the Form 10 filing. http://www.marketwire.com/press-release/Sino-Agro-Food-Inc-1004633.html
Company working on 2008-2009 audit now, completed 2006-2007 audit (posted to pinksheets) http://www.marketwire.com/press-release/Sino-Agro-Foods-Inc-1013278.html
9 months ended 2009 $.08 EPS, guidance of $.13 EPS for fiscal 2009, growth expected to be over $.20+ 2010.
SIAF ($.91) OTCBB up list around March
Profitable China Agriculture Company
http://finance.yahoo.com/q?s=SIAF.PK
Flo, Here is your predictable low volume pull back. $.88 might be the bottom wink wink..
SIAF The low volume sell off has begun..
Just like clockwork.. manufactured frustration really works on these low floaters. ;)
I'm curious? If these guys are making $90M in revenue and are buying back a bunch of stock, why couldn't they maintain their reporting status?
no, just nobletrader/penson
That is what I understand..
Don't get suckered into paying Legalzoom to incorporate or create an LLC. You can do it yourself in just a few minutes through most State SOS sites... what State are you trying to do this in?
As far as creating a tax shelter.. as long as you keep your records straight.. I really don't know any benefits. If you want to treat your trading like a business, then yes, I would say create an S Corp.
IMHO, once you start making enough money trading that your worried about tax shelters, loop holes etc.. it's time to hire someone to do your taxes.
Well then that makes two of us lol. Buying the Rosetta stone that is. From what I have read as far as difficulty is concerned.. I might be better off learning rocket science.
roflmao..
They are normally brought to my attention by a shareholder or fellow investor. I don't really go "looking" for them, they seem to find me.
That's like 98% of Ihub.
I'll let ya know if I find one.. My radar is always looking.
The stock has always moved in surges. Nothing really strange about it. However, this time around the support seems to be stronger than in previous surges.
Basically the lower volume simply means less people are willing to sell below $.93 and less people are willing to buy above $.92.
So one of two things happens moving forward, either the people who didn't get a chance to sell in the recent rally that plan to do so, may find themselves having to exit on the bid.
Or,
The people wishing to buy may realize that there appears to be no more shares available under $.93 and they begin buying at the ask.
In either scenario.. we simply have to wait to see who flinches first. It is simply supply and demand..
Is this the reason you asked whether I was a promoter or not? Because you didn't like what I said about AVOE?
Press Releases are not fundamental analysis. Company financial reports are.
I'm taking this info straight from Company filings. To be quite frank AVOE looks more like a shell than a business. This may change but any real investor will wait for the next report.
Cash on hand $5,400 (I have more in my personal checking account)
Total assets $109,365
Liabilities $157,550
Deficit -$48,185
Revenue $3,242
If you feel the above financials support a market cap of $7,380,662, then that is your opinion, but I must respectfully disagree.
In regards to SEC Section 17(B) of the Securities Act of 1933, No I have not been compensated as a promoter. My Section 17(B) disclosures are listed in my Ihub profile. I'm no longer a promoter though. http://investorshub.advfn.com/boards/profile.asp?user=69779
B. Use of interstate commerce for purpose of offering for sale
It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
I have however done some consulting work for them in regards to the SEC registration process and I referred them to the attorney Michale T. Williams and Beacon Equity, but this happened as a result of my contacting the company as a shareholder, not by solicitation by either party. Other than that my relationship with the Company is that of a shareholder who purchased his shares, with his own money, on the open market.
Hope that answered your question.
Enjoy your weekend!