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Thanks but that CEO is a loon
I heard his conference and he says that they bought the float...duh
like 5 million shares traded today -- anyone here who owns shares knows full well the that company does not own the float..
He says there is no downside and the stock will be $15 and I am sure the SEC would just love to hear this...
Obviously if any one believed this guy then the stock would be up. And also the company really would buy all the shares in which case it would not be trading as they would own all of it.
This jjust too silly
Re: value is 7.50 and institutions will move this right to 5.00..
Where do you come up with that - company makes no profit and has sales of under 200k
A penny stock gone wild but not wild enough to go there -- they were saying that about XKEM a couple of weeks ago
Losses are less
Funny - it is a shell but the laws in the USA for companies to comply make it costly - they had told me that it may cost as much as $100k a year but they are willing to pay while they negotiate for a new merger partner.
They filed for an extension to file the 20-F and they stated,
"The Registrant expects to report a net loss of roughly $85,000 for the fiscal year ended December 31, 2005. This compares to a net loss of $651,220 for the fiscal year ended December 31, 2004."
So that is $566kk better the a year ago!!!!!!!!!
re: What is the rationale for option 2
I agree it has none
The stock is $1 - $1.50 and there is no real sales and no profits - the other company I guess wants to be an OTC stock instead of pink sheet so they bought a basically empty company.
The $15 has nothing to do with reality.
If somehow holders of any CVSU stock will get $15 there are almost none - can you find the stock? no - it is listed but no shares trade.
It is a stunt in the wording to try and get some people to get the price of the stock up.
If it were not then the price of the stock would be $15 or close to it - duh
we have seen this several times over the years. False statements. Even today GTE got desisted for pumping up their stock with untrue claims..
you can play the momentum on these but understand that if they run to much they can get halted for a long time
This is good for day trading but like PAIV has been super and many other like AMRE and so forth but they do not stay this high forever
Re:Thanks Alan...I'm sure everyone
I never suggested you sell - you can do what you want
was just commenting as these boards get so silly.
If there were some fundamental reason that the odds were very high that a stock would run up a buck or two then there would be no shares available -- duh
they would have all be bought of course at 20 cent...there is only 50 million shares in the flat ans at 20-30 cents you could but all of them for 15 million -- obviously no one expected the stock to get this high
Reminds me of people on the XKEM board saying it was going to 50 cents or $5 --
Show the earnings - there are none and no business but loaning and borrowing money
Where are the earnings
FHAL had like 150k in revs and no profits and no money and now they want to pull logs out of a river and are being taken over by a company who also seems to have no business and has now stock trading though they say they are a company.
What kind of scam is this anyway for a stock to run from 10 cents to a buck on nothing?
This is a real joke it seems - and now they say they want to pay themselves $15 - duh - like where is that money coming from - just silly
I thought the presentation was ok
The presentation was simple and quick but it must have been from last year as they talked about 2004? Even if fiscal year is later it is still clearly past 2005 now.
One billion text messages a day in China - amazing
re: I guess it was stockster's people that loaded up and then dumped.
They wrote in the email that they had purchased 12 million shares for 0.0045 last week.
The sec has stopped them for a couple of months but guess pump and dump is legal as long as you tell people first.
They said they bought $58k worth of stock and may buy more or sell it at any time.
All their former picks make new lows later on but they make millions....
Re:That AMRE thing went down with the PR!!
What do you mean went down - it was .005 when stockmanipulator.com listed it and when stockster listed it it fan up 250%
Well it is obviously a good thing not a bad one
What I mean is selling was a good thing as did not have to sit through the last few weeks. Every 4 years we get a 4-year low in the market and it can be a hard time it is better to sit out and play only the short rallies.
I sold some CPICF when it ran up but have bought some back and still hold. The reason is that even though they bungle many things they did sell Dichain Asia 0632 successfully and they are in talks to try and reverse merge CPICF with a pretty large Pharmaceutical . If they succeed the price can go up to maybe $0.50 in a heart beat. When word got out that they were in talks the stock went from 3 cents to 28 cents in 2 days but actually jumped from 3 to 10 instantly. I sold some at 19 as I had been buying for months. It can go many days with no trades so not one you can buy when it moves but only build over time.
It is a shell company so if not this deal there will likely be other s they have an M&A company working on it and they now own 4.93% of the shares as they have them at 15 cents .... Mar 08, 2006 (AFX News - Asia via COMTEX) -- China Pharmaceuticals International Corp (BULLETIN BOARD: CPICF) said China M&A Management Holdings (CMA) has acquired a 4.93 pct stake in the company. 3,929,450 shares
the M&A company will have a lot to gain if they can complete a deal and then set the price to $0.50 or $1 or more.
So buying a 11 cent stock here is not counting on earnings but only that another deal will be done and it is much cheaper for a company to do a merger to get on the USA markets then to do a new listing.
No - had to sell
the $0.11 support did not hold and at the same time the 200 day moved over the 50-day (death cross) and also this is the 4-year cycle for the market so should reach a low before November but usually an awful time to be holding stocks. Trading them is ok but not to hold many overnight
http://tinyurl.com/qaqap
My opinion is
it is now a looser of a company- it can change but they seem to make no simple efforts.
Look at this page of the parent company http://www.dichain.com/dichain/gs/gs_03.htm
it says there are 200 employees and they are an IT company and so forth - this is years old as they have maybe less then 80 employees and are not an IT company in any way at all but software.
The link of course does not work as they did not renew it so a squatters took it over. They are stupid idiots who do not even take the time to update their websites. It would take maybe less then a day to fix all the sites but they don't give a crap. I have never seen such a company who does not even respond to the shareholders.
The latest news at the Dicahain Holdings site is 1 1/2 years old www.dichain.com they have a page that says China Technology Global Corporation is a U.S. Nasdaq listed company (Nasdaq: CTGLF). Then they the the URL address as China Technology Global Corporation www.dichainchinatech.com Duh
At the real CTGLF home page here http://www.chinatechglobal.com/Code2.htm
it says Our Mission:
Create value for shareholders through energy and selected chemical businesses.
- Chemical Business - duh
Our Vision:
To be an innovative, respected company, recognized as outstanding by employees, investors, customers and the public; and to be the standard by which other businesses are measured.
Duh - we sure hope they are not the standard
they have been told of this endlessly and written extensively and it all could be fixed by just telling someone to do it - but they don't - they are total idiots so far and have failed in all they have tried.
Remember the news 2 1/2 years ago DF China Technology to acquire 2 firms
http://www.chinadaily.com.cn/english/doc/2004-12/16/content_400782.htm
it was not done at all and they have done this several times in the past and since.
You remember that a former CFO of CTGLF went to China Development Group Corp.for a while and they ran the stock price from $1 to $14 - it was hype but it was great for the shareholders. http://tinyurl.com/n7vlf
There are plenty of companies that do respond to shareholders and do put out true press releases and do keep current websites.
You just cannot believe in CTGLF as they do none of those things
They stock can go up again and likely will at some point when the market improves later in the year but as far an anyone knows they business has not improved.
Re: I don't understand how this stock is back down to these levels again.
Well there is nothing to move it back up. They cut the workforce in half from one year to the next and that cut costs but also shows not much happening. They have not been able to get any government business as far as we know while companies like China Expert Technology CXTI gets contracts from government worth $10 million , $12 million, $41 million and so forth. That is a real company and getting huge contracts. CTGLF has done nothing as far as anyone knows. They had to sell Dichain Asia to settle the bank default is seems and that stock then made a nice move. How they could not make a good profit renting bonded warehouse space is beyond me as it is the economy that is growing the fastest.
The problem started when they issued 197 million shares to buy a company that Dichian Holdings actually owned. They should have used about 50 million or less like GIGM did when they bought an American software company. So now instead of having a reasonable number so shares like 50 or 60 million they have 263 million. All this was explained to them before the deal was finalized but they would not pay attention.
There is no way to know if they have added customers we know only that business is so-so and not what that means.
At one time they had a connection with China Merchants Group and if they had wanted to buy a search engine or IT company or game company like GIGM did they they could have likely found the support to do this but instead they thought about buying some other companies that were making no profits and they dropped the idea.
They coudl have hired somone to manage the company who had experience but they said it would cost a lot...duh!
rabblerouser not 1 cent yet
1 cent a share is a goal but not there yet
The company has about 263,948,336 shares to to achieve 1 cent a share they need to have a profit of $2.6 million
in 2005 ending March 31, 2006 they had a profit of $148,000 so are short making a penny by $2.4 million
We have not had any updates as to any new sales in the last - many months or maybe a year so no way to know if they has more or less sales then last year.
We imagine if they got any big contract that they would have announced it.
As to book value it is clear it is no way near 90 cents - it maybe 25-30 cents
No montello2000 - Zhou had no stock
As far as I remember Leon has no stock they do not like the idea of being an insider with all the regulations if you own stock in the company you work for.
I still think it is part of the 12 million shares from the group that wanted to give the stock back 2 years ago. They will have to file as SEC report if it is. Anyway now about 6-7 million have been sold and what is really wild it all that is being bought so obviously all the buyers want to double their money and they will.
When there is heavy selling buyers generally ant to step back and see what kind of bargain they can get then at some point it can move up fast as those who waited have to chase it.
In the past when it got real low it also happened.
Can you point to any valid information you have received from him?
Has he ever other then 3 years ago ever even spoken with anyone at CTGLF?
I think you just like ,,,, and ,,,, and,,,,
he can write all he wants but I never saw any valid thing he said and much invalid since the stock was over $1 and he kept saying it was going to $5
how to find a chart on list
I have a link to one of my annotated charts but I cannot find it on any of my lists. I want to put it on my public list but cannot find where it is.
There is nothing on the chart that lets you move it or copy it to another place with the annotations
and the biggest mistake is when you annotate a chart you can save it but there is no "save as" which should the absolute standard
it seems no one is on their staff who thinks of such basic things
anyway is there some search tool? I just cannot find on what list is this chart?
http://stockcharts.com/h-sc/ui?c=$vle,uu[e,a]weclyyay[d19900317,20061217][pc50!c200!f][vc60][ilb14][...
Negotiations still ongoing
It takes time in China as a private company going public is actually pretty new.
KLUCQ made 400% today
well today it was only up 50% but 400% since buy from stocktiger as they said buy at support at 7 cents and today 28...nice
that show was last week
jsut google it and you will see
You know it is one main seller
there were not enough purchases in the past for it to be a trader. It is someone who got the shares as a private placement and the holding period is over and they want the money now.
If you have a few million shares even at 10 cents it is real money so they just are having the MM sell the amount they have to sell.
Obviously they do not care too much of exact price as if they waited a few days in between the price would move up.
We had a similar situation 2 years ago. It will end.
As we said before this is mostly one seller
no one here on this board sells at the lows as they have seen this before. The volume has been very large for this stock as it is one seller with some million of shares they got a couple of years ago and just want the money now that they can.
When they finish it will shoot back up like we have seen so many times. Remeber last Autumn this stock doubled each month for 5 monts..
The really interesting thing this time is that there is a buyer or buyers with huge interest. In the past just a small volume would drop the stock but millions of shares been accumulated the last 2 weeks so someone for sure plans on making a nice profit and knows the selling is just someone who needs cash.
"apply style to all"
Thanks for the note about trying that - though I had done that - will see if it works
about the idea of a short URL it is not hard - as I say many sites like Tinyurl just take a long link and make it short - there is no reason why stockcharts cannot just do that in house
these other sites do not have some special secret - not too hard to implement
How to make DEFAULT stay default
I have 1000 charts of course and would like them to open as default. They come close as they do open inf the correct color but with that idiotic 50% opacity for volume - and a glaring white Bollinger band and different color MACD RSI etc.. so on each chart I need to select DEFAULT and let it reload EVERY DAY!
I never ever ever want to see 50% opacity on VOLUME and I want my default.
Of course every singe time we post a chart we need to select linkable version - one mare step on new version - dumb
and the other gripe is - whose garage do they work our of? They still have the ridiculous long URLs. Most message boards do not work with these so we have to convert using tinyurl - why did stockcharts fellow who wrote the program let it give us the tiny url in the first place?
Someone just is totally not on the ball on this and while some like a few new features most complain every day about so many problems - they mad it worse and still these stupid URL,,,,
Thanks Archor for
Pulling up that information - I have it but was not sure in which file
That site that had a buy in the past on CTGLF has a message board and under General stock boards has a CTGLF and CPICF board - leave a message there to get more interest - it is registration so no spam but free
stocktiger.com/sm
I think it is one seller is all
I do not have time at the moment to check the old 20-F from 2 years ago but you may remember that one of the private buyers wanted to get their money back do to the delisting listing. DFCT (as it was then) but money in escrow in case until they finally decided to not refund any money. Anyway that buyer obviously wanted to use the money in another place and for a month or so their period of holding (normally 2 years) is over and it may be they that are selling.
I may be wrong but I think it a safe bet that one party who has with a lot of shares is selling off some. That is why it is continuous and it may take a couple of weeks at this rate.
We know that if and when the Dichain Asia (0632) takeover finalizes that the new owner may sell some of or all of the shares. Actually for us none of this matters as it is just someone who no longer wants the shares selling to someone who DOES want the shares and actually we want people who do want the share and are willing to hold them for a while.
Of course this means that we have to sit by and see the selling now but we saw it in the past and it will end.
What is more interesting is that they are finding a buyer or buyers for all the shares. Pehaps the company is picking up some also
Chart - needs to get back above 11 to stay for good
one main seller with a lot of shares but sure a lot of buyers picking them up
Is there a way to convert all previous charts
I have hundreds of charts which I share the links but they do not display properly in the new version. I created a "default setting" but that only works on new charts.
Here is a chart created in the original version and in this new version you see the Bollinger bands are glaring white and the volume bars are at only 50% visible(what moron invested that setting and the other colors are not what I chose.
This chart I selected "default" but I would have to do this on the thousand charts and then annotate all then save all and even then some open with volume at 50%
And of course I do not want to ever see Bollinger bands be the dominate thing on the screen...
thanks if you have any suggestions how to fix this
Is there a way to convert all my chart to my default settings so when I post a link it will open how I want it too?
Also pleas please please -- is there a way to never ever see volume bars faded out at 50% opacity instead of the absolutely required 100% - this is the dumbest thing there is and I see no way to shut it off.
re:Volume Bars
I use all CRT monitors as they do not have those dots and better
the problem is they no longer make them solid and precise like they were an they are now washed out and rather hollow looking. I have no idea why they changed them as they were very good and now no one likes them.
I can now annotate so they fixed that for the day but so slow loading with all the bells and whistles to load each time -
jonesieatl no not loosing
I am sure they will fix the annotation prob but I am not changing any today
When I click annotate my charts come up with no annotations so of course I do nothing. On new charts I can draw full line but no other lines now.
I use a 15-min DOW chart which many friends use also and now they no longer have 2-3 months of 15-min data - only a bit over 1 month so more downgrades - why do they take service away instead of making it more... hope they lower our fees..
http://tinyurl.com/7ygy2
one of my charts came up with no annotations and a different color and the clarity is like looking through a nylon stocking..
Agree - very slow
in the chat room we all agree - very slow and now to send a link you can no longer just copy the URL bar -- another waste of time and added effort
as to the volume bars on my black chart - yes you can see them slightly - but why did they change them as before they were solid and bright and clear..
Volume bars - not showing - why did they do this?
It takes a real brain to take something that worked great and then make it worse.
Look at the volume bars - not filled in and hardly visible. The original charts had solid filled in volume bars that were clear and very easy to see. It is important.
and today I find no way to get back to the origianls - who runs this company to do this to us
Yes getting the word out to let us keep the original
Sure there may be some features on the new version but so much has been taken from the original with not reason to do it. Like many people I have many hundreds of charts maybe over 1,000 and if I view them in the new format they look awful. Here is an original and notice how sharp it is
On the new version you can see how dreadful it is. Candles are in places not clear and the volume bars are not filled in at all and hardly visible - (how could management let this happen) the moving average lines look almost like dotted lines and the MACD bars also have the washed-out look.
Then the Bollinger bands got to obtrusive white. I know they can be changes but on a thousand charts... and to send a chart to someone you cannot just copy the top URL but have to use a special link.
It is just very upsetting that the company will not let us keep our charts and give us a choice instead of forcing us to use something we do not want or did we ask for it.
It is very clear as to which chart is better - the original - just where are those volume bars on the new version...bad design
HORRIBLE news - they are stopping sharp charts original
I wrote them to find out how to turn off these awful sharp charts 2. I hate them and I have about 2,900 charts the way I want them in the original.
They wrote and said they are dropping all the original even though we have been loyal for years and that within a week or two there will only be sharp charts 2.
This is really dreadful. I know that some people like the new ones but they look terrible. They have one or two features that are good in rare occasions but it is just an idiotic idea to drop the originals.
I sure wish some other service would now step up.
I imagine they only got 49% as company wanted to keep control.
CTGLF for sure would have bought controlling interest if they could. I have no idea why they are getting into the CD stamping business as it is low tech and has nothing to do with the current business or company plan as stated. Of course maybe they will not end up doing the deal as a year ago they also thought of doing a buy of IERD and never did that one.
I had never heard of Oriental Optical Disk Manufacture Co which is owned by Dichian Holdings "DICHAIN" so maybe they plan to shift it into CTGLF and then combine with this ''YS Digital''
Strange but maybe they are working on other deals more inline with business.
No rabblerouser that pdf refers
to stock 0632 and the pending sale of it. The sale is not a done deal but it is not related to CTGLF. That company does own 5$ of the stcok in CTGLF though and if the sale is finalized then Dr. Fan of course will step down so maybe he will spend more time on CTGLF
Yes but what Tobin wrote is 2 years old
This article said the same thing and was from 2 years ago.
http://tinyurl.com/qbbeu
and company has still done nothing though stock has for sure. Many times the pumps works for a big run then fall back. This one has support at the 50-day maybe at $1.31 or better at the 200-day at $0.80.
Ones like NEOM went from 0.07 to 0.70 then pulled back to 0.25
The article says they have 7 employees...
I think at some point though the company will have to change there name as I see a real company that has the same name here http://tinyurl.com/mhhy3
this stock now is only a technical play as there is no business.
Very impressive move today
We have seen the drill so many times - the stock moves up then someone starts selling s it is down for a few days.
Today was at 13 with small buys of 11k and 5k -- the someone dropped 20k at 12.2 then 100k down to 11.5 and in the past it would have gone to 11 but today instead a big flurry of buys of about 200k back to .135 - that is something for this stock. Impressive.
Why do idiots like t41 always shout?
They just love to come to a board they have never been to before and yell using all caps to show how stupid they are..
I see on another board he said:
"I will never get over myself! I will never get over myself! Cause I am somebody, I am somebody!"
He is a looser here...
He seems to not know that the stock has traded on the OTC for almost 2 years... and where it trades means little ....guess he is a like 2 years late with his post....
(I know I should not even respond to such people}