Empire Building 101
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I've added substantially to ABAT today with the news of an $8.7 Mil order. The backlog was $73 mil last Q. It appears they have diluted to the tune of about 6 mil shares since Q2. IMO, they are getting ready to announce yet another acquisition as this was mentioned in the 10Q. In the event they can get another acqusition like the last one in which they paid 3 Mil shares this could move fast. They have had 2 private placements one in June and then last week. Something is probably up but not really sure. They have a lot less risk than other chinese micros as they are NASDAQ listed and more transparent. The CEO did buy 1 mil shares about 4-5 months ago. Anyone due any extensive DD on this one? They have about 70Mil o/S.
Anybody here looking at siaf.pk? I started am intial position yesterday at .65 which could be a very good entry point especially if they are serious about a dividend. Many chinese micros have had excellent earnings report but have never mentioned a dividend. Like the fact that they appear to be in bed with the government. This can't be bad. Any comments or additional DD appreciated...Steven
Excellent volume and nada word from anybody? IMO, we see $2 much quicker than many expect. In the event volume is even close on Tuesday we could approach a new high. Most daytraders are gone and most l-term holders know the potential with the cigs is staggering. $5 within 12 months is not out of the question here. Anybody hear anything pertaining to CEO's extended stay in the U.S.? I've heard things but cant get any substantiation. Anybody else know or hear anything?
A really tight range here. Surprized it hasn't moved off the $1.61 Then again it appears as though the m.m.'s are distributing their inventory. Probably lower the price once they sell off the inventory and at that point scare people into selling. I'm holding and will add shares as money becomes available under the old high which is $1.80
Obviously you are very skeptical of the whole business format unless you have an ulterior motive here. As I have said before this company is growing rapidly with no debt at a 30% clip. I've added 2k today at $1.60 and 2k at $1.61 thus I am a believer and for you I'd suggest you move on and find a better investment. Then you too, can be happy!
The deal wih 14000 smokers came from management on the Rodman pony show. Check out the slides if it is still there and you will see it.
AS far as CDBT and CYXN I don't like dilution and certainly the fact that top brass has left. Is their any reason to buy before earnings and any meaningful PR?
Bought 5k of CCGY today at .63 It appears that .70 is almost a given. I like the fact that volume is picking up. News on the new facility which is expected soon should surely give us the boost needed. Anybody get back in CYXN or CDBT since the pullback. I;m very leery at this point.
Agreed! Today got rid of the traders who bought yesterday in the low to mid 60's. This is rapidly becoming my largest holding as safety is the key. Any fool can make money trading stocks but keeping it is the real trick. IMO, cigs double the size of this company in 1 year or less.
I;ve been adding a lot of shares as I feel this one is poised to soar once q3 results are released. Anybody else adding here??
Anyone here have any thoughts on ABAT? I picked up 2k today as a lithium play. They have not paticipated in the rally at all. Congrats to all who own CKGT as it is my number 1 holding. Again any thoughts on ABAT??? Lightened up on CNOA as it hit my target of .75 last week.
Normally you get pennies on the dollar if anything while the lawers rake in millions. While they aren't lying they have won millions for the clients but their fees usually get the bulk of any settlement. Sorry I certainly see very little for the little guy!
Finally freed up some funds o buy bspm. Should hold up well even if the market turns IMO.
My biggest 3 positions are as follows 1)CNOA 2)CKGT 3)CDBT Have exit points for CNOA.OB and CDBT.OB Most profits will slowly go into CKGT.OB as I feel that is the safest stock with 30% growth and 50%+ net earnings. IMO, even that could be conservative especially if the cigs take off. Then hog feed which could be huge per. They currently only have their product in 22 provinces in China. I believe their is 100+ provinces in China. The potential is enormous and the beauty is they have 60% of the cactus market. This is key as it gives them pricing controls. Sorry about the rambling... P.S. They have a proven track record and own 60% of the stock. Also you have 100 provinces alone with 1 mil people plus each...talk about growth.
My thoughts exactly. Viking on the yahoo m.b. appears to have a very good insight. Market opening is looking negative so maybe we don't see the sp increase today but certainly I would think it is forthcoming.
I thought last Friday we would break .62 and hold. Todays volume says tommorrow or Friday is a go. We need BURP here to give us some TA. This is the 3rd run and I say w esee .75 much quicker than many expect. Maybe a million shares tommorrow gets us to .65 for a closing price. Their is not many chinese micros left with this type of numbers.
Thanks for SCLX Burp! Made some pocket change from .405 and sold at .46
This sell-off was not what I expected. I too, added last week at .60 for 5k and an addithion 2.5k at .62 as I thought it was going to bust open. By next week we will make another run and if we don't break .62 we will probably retest the .52 support last time. Technically we will break .62 resistance Guess the TA expert is BURP...are you out their
BURP....Other than the fact that it is due to pop what exactly does anyone know about SCLX.OB other than the dilution was really unacceptible. However, they could get some monster tax breaks which could be a potential reason for all the dilution. Any thoughts or comments would be appreciated...Steven
I have this thing where if I make 25% or more in 2 weeks it's a no-brainer and sell. "One in the hand is worth two in the bush." Will re-enter if we drift to the low 60's here. CYXN.OB looks like the next one to run IMO. Have a few free shares in CCGY.OB waiting for news. Must say the China microcap board is excellent for ideas and DD.
I sold at .73 average for about 33% gain in about 2 weeks. I was going to keep my free shares but decided to make a meaningful investment in cyxn.ob
Good luck with your dream job! I am going to retire in my 50's (02/01/10) and trade. I do more of the swing trade types verses the daytrader. I did very well from 1999-2006. 2007 & 2008 was a blood bath. However, I had some very huge years prior to. This year is shaping up as a great year. My stocks are ckgt.ob cnoa.ob and cyxn.ob IMO, these still have the potential to double by yearend. Good luck with your dream job. It sure beats punching a clock!!!!!!
Looks like we found a temporary bottom here. I;ve added a few in the last week. I think the cigs is the wild card here period. Although the cactus gig is a respectible 20% grower for a very long time. Next year IMO we see this going to NASDAQ or AMEX. With new revenue streams coming on line this is a no-brainer. My largest holding are CYXN, CNOA, CKGT. Sold CDBT.OB today. Think these are all multi-baggers. Many people are very diversifies in these chines micros...I choose the put all my eggs in one basket theory(although I do it with 3 stocks and watch the basket very closely.
I hardly doubt if the run is over. On the contrary I believe it is about to run as the concept and the direction China is taking in regards to healthcare. This stock and CKGT.OB are much safer than many Chinese microcaps. Although I am heavily invested in CNOA.OB(largest holding) Watch the volume in cyxn.ob as I believe it will explode very soon once people realize the potential is not economy related. I sold cdbt.ob as the run was incredible. Anytime you can make 50%+ in 2 weeks ...take it! I've been accumulating cyxn.ob for the last 2 weeks and it looks primed...Steven
IMO, cyxn.ob is getting ready to pop again. The range has been about .10 and shall pop very soon. Probably .70+ within a week. Looks like consolidation is about over from the last run.
If the warrants are going to expire it makes sense to exersize them verses going worthless if you plan on keeping the shares. With 4.5 Mil shares going worthless and your intention was to keep a position it makes sence. To buy the shares on the open market would cost a lot of money! But to exersize them around $1.00 and sell them makes no sence. My guess is the seller at this price has nothing to do with exersizing options.
Look for a breakout this week as we get closer to the filing. Should see a bounce this week to .60+ as this stock surely appears undervalued. .51 has saw a lot of selling and it appears as though they are running out. IMO, we get some very good news from the annual report as business appears very strong from prior comments from Q3 ER from the CEO. Any comments or opinion welcome. Excellent financials and forward statements from last Q. All IMO!
With or without earnings projection this is going to be huge. 47% acceptance should certainly bring some very good numbers down the road. IMO these kind of numbers could/can individually beat the profits of all "other " cactus products combined. Wonder why management isn't selling any shares? This will see a monster move at some point. Liability here should certainly be contained with low/ no nicotine. If management is honest we certainly could have the proverbial "once in a lifetime" stock or better yet what dreams are made from. GLTA If the aceptance is trully 47% I wouldn't sell the rights to anyone either! What is their 300 million smokers in China alone!
Go to the link China posted on message 314 of this board which is the Rodman & Redshaw link. There on slide 19/30 of the presentation. Goes over each product throughout throughout the slide giving margins of each product. It doesn't say they liked them but accepted them. My aasumption is they were favorable.
From the slides they revealed they did a trial with 14,000 smokers and 47% enjoyed them. This is from China thus givng a 1% acceptance very high. while I expected this to shoot straight to $3 it will IMO definately get their. It is a high probability and one that I expect. Buy on the dips and in the long term you will be rewarded habdsomely.
IMO, the significance of this cig launch in relation to CKGT future is being fully understated to the max. If they get a semi-poor responce this is worth $3 immdiately. If they get a moderate reponce this is worth $10. If they get a smash hit or get some type of international co. involved the sky is the limit. The last post the guy had $2 in earnings(without the existing business) in cigs alone with a 1% marketshare. Just imigaine if they only get 1/2% plus the other business we do $1.50(LOL) That would put us at double digits. I'v very optimistic going forward and think this could be what dreams are made of. It will be very interesting to see what news comes out this week and the share price this Friday on the closing....what is really weird is that it is very possible. Talk about a fantasy...
I could seed this really happening in 2-3 years. If they can start distributing wine I think it is possible. They could double their revenues overnite. It sounds as though they are getting their ducks in a row. My expectation this year are well over 46 cents. Now double the revenues with 25-30% margins. Now they uplist to a better exchange....ka-ching How is that for a rosy outlook(LOL)?
I thought you had contacts in China due to your expectations of LPIH.OB Using that thought process I ascertained you could use reasonable expectations with that data. In essence , the same as LPIH.OB wherer you did give a pps but not in any given timeframe...thanks anyhow...and yes even at 20% roi it is more than justified. However, my expectations are much higher.
Bradford I'm assuming the .32 is for the full year. Is that a correct assumption on my part? What is your yearend pps target for CNOA.OB? I would think yearend results announced in March will eventually launch this stock as I believe they will be spectacular...any your thoughts on Q2 results...tia
Bradford why would a late filing save them money? Unless their going to the pinks. At the end of last year they were talking about getting on a better exchange. I am very interested after listening to what was said by yourself pertaining to LPIH.OB What are your expectations of CNOA.OB in regards to earnings and PPS by yearend? and Q2 earnings
Get ready for liftoff very soon. My gut feeling says .45 in a week as the momo croud is back as yesterdays volume indicates.
Without a doubt something is going on but I haven't a clue. My guess we find something out very soon and if not theprice goes to a dime just on the speculation alone.
IMO, with most microcaps even in China on a tear it would be my expectation that the momo crowd will be here very soon with earnings around the corner. I will go out on a limb and say $1.00 after earnings. My expectation is also for .08 this Q. With GNP close to 8% in China for q2. This one comes down to one thing and that being is it a scam? If not $3 within 12 months. Otherwise lookout below. This Q was normally the worst Q but with the new business model and the economy improving in China...plus in 2010 they begin to get real revenues from the wine division and the Chinese love wine .
News is probably coming as volume is starting to come back. Sure wish they would announce another acquisition soon.
Agreed that it starts moving next week. Volumeis starting to come back and only then will we see this move. IMO, we run back to .50 before earnings. This is traditionally heir slowest q which I believe will match or slightly beat the .05 for last Q...any thoughts or comments?
What you are saying is their is no change. Then why the steady drip drip drip. Currently out of funds otherwise I'd be adding. Sure looks like a no-brainer...Steven