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It wont work that way as share count prorated & 4th Qtr numbers are sandbagged bigtime.... Adjusted net income is 25.5 Million with current numbers ... The $2.17 or 22.9 Million is with Non cash warrant charges included ....
O.T. TCCO Security/Encryption play $4.68 EPS traing at 2.9X's trailing EPS with multiple new products coming out for 2011 .... CEO talked down stock some saying 2010 was an abnormally high record sales year .... But hot sector hot products & rolling out smartphone security products.... Pit has Superman on it picking it and has pulled back from Premarket yesterday of $20 to $12.55 basically $1.50 below earnings release
http://biz.yahoo.com/pz/101213/208938.html?.v=1
AGREED X's 10 have to have penalties BOTH ways for cheats whether public co.s or short sellers looking for a quick buck....
TSTC made the REG SHO list this A.M. I'm telling ya been watching for months trading exactly like CCME did when shorts doubled down at $8 .... TSTC has a 7 mill share float & almost 1.7 mill shares short we know of & imo much higher since Dec 1rst... At 4X's EPS and 2011 Projections out soon could lead to a very nice move up
VOL up big in many China names this A.M. CCME AERL TSTC APWR & RINO up again $3.90 LOL
TSTC thanks for the latest notes ROTH had full year 2010 @ $1.79 till 2 weeks ago so imo those 2011 #'s will prove to be very low ... Heck even at those #'s TSTC trades at 4X's earnings pretty cheap for 80% growth & 100% last year ...guess we wait till 2011 projections come out....GLTA & make $$$$$$$
Stocks across the globe are higher after China did not announce an interest rate hike over the weekend, as many market participants had expected, and said that despite rising inflation they would maintain a strong growth policy. The Shanghai Composite soared 2.9% as telecom led the way with a gain of 9.3%. Other sectors showing strength were energy, materials, consumer discretionary, and industrials, all of which gained at least 3.3%. PetroChina (PTR) and China Petroleum (SNP) buoyed the energy sector posting gains of 4.4% and 3.0% respectively. Hong Kong's Hang Seng saw a more muted response, but still added 0.7% on strength in energy (+1.5%) and materials (+1.1%). Japan's Nikkei gained 0.8% led by solid gains in energy (+2.4%), materials (+1.2%), and financials (+1.2%).
DYP getting some talk by Lionmaster in the pit
TSTC would be nice off that double bottom pop now we need a vol break of $12.25 & then off BTW new short interest out went up a ton 1.65 million shares up over 400K
GAJ seems it depends where on the list of creditors these bonds fall after secured creditors .... will keep digging
O.T. GAJ are $25 share bonds of GAP which maybe going into BK selling off bigtime ..Question how would these bonds fare in BK wouldn't they get paid first ? maybe worth a shot here quick answers welcome thanks
agreed they clearly have the wrong co.
CGPI Does Brieifing have the right co. ??? no news or filings
China Redstone prices 8,145,631 shares of its common stock at $4.00 per share; annouces listing on NASDAQThe co's shares are expected to begin trading on Friday, December 10, 2010 on The Nasdaq Global Market under the symbol CPGI. The co will not receive any proceeds from the sale of shares by the selling stockholder. The co intends to use the net proceeds from this offering to pay for part of the acquisition cost for a paper manufacturing company, which the co expects to cost ~$40-45 mln.
CGPI China Redstone prices 8,145,631 shares of common stock at $4.00 per share
Just came across Briefing
China raising rates PLEASE = Healthy Growing Economy have we forgotten what rate hikes means ??? LMAO I bet the U.S.A wishes they could raise rates LOL.... Chinese have been proactive & spot on ...
TSTC round tripping again $10.50's went to $12.20's CC went ok TSTC didn't up 4th Qtr Net like they should have .... But did say some other interesting things like International sales in 2011 over 10% will do some big business installing WFDS in China Govt Buildings on convergence mandate... WFDS sales currently under 24% will be approx 40% of 2011 sales & their highest margin product... At 4X's trailing 2010 EPS & being heavily ala CCME type shorted down here could have a very explosive move soon as all over new IR to get TSTC to properly update 4th Qtr Net Income....
TSTC just a reminder CC at 8.00 A.M. & trading at 4X's 2010 EPS has been very heavily shorted last 2 weeks so could be very interesting....GLTA & make $$$$$$$$$$$
China article...link
http://www.chinadaily.com.cn/business/2010-12/08/content_11668441.htm
Economy to expand by 10% in 2011
By Li Xiang (China Daily)
Updated: 2010-12-08 09:06
BEIJING - China's economy will expand by 10 percent in 2011, and inflation will remain moderate with the consumer price index (CPI) rising 3.3 percent, a top think tank predicted on Tuesday.
The Chinese Academy of Social Sciences (CASS) said in its annual Blue Book of China's Economy report that the economy will grow by 9.9 percent in 2010 and will retain relatively rapid growth, with the GDP growth rate reaching 10 percent in 2011.
The think tank also said that the intensity of the government's macroeconomic policies will remain stable, while the country's fixed-asset investment growth is likely to slow to 20 percent in 2011 from an estimated 23.5 percent pace this year.
However, some economists disputed the conclusions of the CASS report, predicting that the national economy may face a modest deceleration next year while inflation is likely to rise faster than expected.
"The growth rate of China's economy in 2011 will probably slow to 9.6 percent," said Liu Yuanchun, deputy director of Renmin University's School of Economics.
The World Bank in November said that China's economic growth may slow to 8.7 percent next year, and will see further easing in the medium term.
Related readings:
Economy to expand by 10% in 2011 China mulls $1.5t boost for strategic industries
Economy to expand by 10% in 2011 China's PMI at 7-month high, input prices jump
Economy to expand by 10% in 2011 China's development blueprint a chance for world:FM
Economy to expand by 10% in 2011 China uses 8.5m tons of grain reserve to ensure market supply
Some analysts said that the Chinese economy may face headwinds next year due to the likely policy tightening measures to curb inflation and asset bubbles. But the risk of a significant growth downturn from the policy is limited.
"The impact of policy tightening on growth will likely start to emerge in March 2011 and become more pronounced in the second quarter of 2011," Goldman Sachs economists, Helen Qiao and Yu Song, said in a report.
They expected the government's tightening measures to expand in scale and intensify in implementation in the coming months to help cool growth. But they ruled out the downside risk of a policy overshoot triggering a hard landing with the annual GDP growth rate coming in below 6 percent.
Goldman Sachs has forecast that the nation's inflation rate will grow 4.3 percent next year, higher than the 3.3 percent predicted by CASS.
China shifted its monetary policy stance from a moderately loose one to a prudent one last week amid the central government's effort to contain inflation.
The country's consumer price index rose 4.4 percent year-on-year in October, well above the government's full-year target of 3 percent.
The People's Bank of China hiked the benchmark interest rate by 25 basis points in October for the first time in nearly three years. It also twice told banks to set aside more deposits as reserves to limit their capacity to lend.
GFRE interesting how short interest has rocketed higher now at 3 mill shares in GFRE while the stock has gone from $7 to $12 & showing breakout of cup & handle ??? What timing the very DAY of the breakout some rumors start a high vol selloff LMAO ... Yeah I'm from the Govt & here to HELP you total B.S. as this smells awful....
http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=CCME&symbol=GFRE&symbol=TSTC&symbol=PUDA&selected=GFRE
GFRE & all others in China space this B.S. start a rumor crap has to stop ...They need to make an example out of a few sending someone to jail or huge $$$$ fines for starting false rumors..... It's one thing when you have facts to back you up but high % of these are shorts starting B.S cashing out & we hear no more about it....all the while many investors get whipsawed out of their stock for big losses & stops money from being invested in small cap China plays...
China Tightening LOL = Healthy Economy hello how screwed up have we gotten ??? Rate hikes are because the economy is growing to quickly & imo Chinese Govt has a track record the last few years of doing the right moves .... I bet the U.S.A. wishes they had such problems like hiking rates 1/4 point....
TSTC 100K on open $12.20 now 175K vol way up early here boy the vol has been elevated since Earnings several weeks ago & stayed up just like last Dec & Jan when TSTC tripled ... Blatant attempts to hold this in check Ala CCME type B.S. imo.... could be very explosive depending on what they say Thurs CC...
GFRE $12.35 gapper IBD mention in todays paper as a breakout of cup & handle pattern been strong for last few months now....
Surprised No Solar choices with 50% sub from China govt.....Top choices in solar
Why the huge drop in sales & earnings & why do you feel confident a big rebound is coming thoughts are appreciated.....
Crazy question if you had to name 1 stock that could double in 60 Days what would it be & has to have a realistic chance like AERL or CCME did....
I own it from low $8's just wished I had real size LOL... Oh well $$$ none the less
TSTC well with T/A setting up along with CC imo very good news forthcoming along with Record 3rd Qtr earnings beating Est by over 100% just announced & another monster record 4th Qtr in the wings trading at 4X's 2010 EPS & ?? 2 or 3X's 2011 ?? imo a very low risk/ high reward play at these prices....GLTA & make $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
TSTC CC setup Thurs... Telestone Technologies Corporation Schedules Conference Call to Provide an Investor Update
Press Release Source: Telestone Technologies Corporation On Monday December 6, 2010, 8:00 am
BEIJING, Dec. 6, 2010 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies Corporation (Nasdaq:TSTC - News) ("Telestone" or the "Company"), a leading developer and provider of telecommunications local access networks in China, today announced that it will host a special conference call at 8:00 a.m. ET on Thursday, December 9, 2010, to provide an update to investors on the company's product and international strategy.
Mr. Daqing Han, Chairman and Chief Executive Officer, and Mr. Richard Wu, Vice President of Finance will host the call.
To participate in the conference call, please dial one of the following numbers five to ten minutes prior to the scheduled conference call time:
International Dial-In Number: 612 8823 6760
International Toll Free Dial-in Number from U.S.: (866) 403-1050 or (866) 242-1388
The conference ID for the call is Telestone2010
Please dial in at least 10 minutes before the call to ensure timely participation. This call is also being webcast and can be accessed by clicking on this link: http://www.mzcan.com/cancast/us/index.php?id=usTSTC_2&version=e.
About Telestone Technologies Corporation
Telestone is a leader and innovator in wireless local-access network technologies and solutions. The company has a global presence, with 30 sales offices throughout China and a network of international branch offices and sales agents. For more than 10 years, Telestone has installed radio-frequency (RF)-based 1G and 2G systems throughout China for its leading telecommunications companies. After intensive research on the needs of carriers in the 3G age, Telestone developed and commercialized its proprietary third-generation local-access network technology, WFDS(TM) (Wireless Fiber-optic Distribution System), which provides a scalable, multi-access local access network solution for China's three cellular protocols. Telestone also offers services including project design, manufacturing, installation, maintenance and after-sales support. The Company has approximately 1,200 employees.
TSTC PR s/b Net Income Guidance Raise & details of where $$$ from offering will be spent ... New Manufacturing plant for WFDS ramp for Govt Mandate on convergence bodes very well for TSTC & watching lots of shorting last few days could pop TSTC real hard next week imo... fill gap to $14's & $15's
Would love to see 1 or 2 of these thugs get sued & go BK & then maybe we can have some normality back in the space seems like you are guilty till proven innocent in this sector....
TSTC $11.08 extremely Oversold s/b back in $14's on next news release imo.... dirt cheap high growth co. Been around doing biz with Big 3 for 13 Years & Public co. for 7 Years ... Products fully vetted & Top 10 Auditor
TSTC $10.87 link to chart at very bottom of Stochastics typically strong bounce area as very oversold...
http://finance.yahoo.com/q/ta?s=TSTC&t=6m&l=on&z=l&q=l&p=&a=fs&c=
China Weighs $1.5 Trln Spending Plan For High-Tech Goods -ReutersLast update: 12/2/2010 8:21:49 AMDOW JONES NEWSWIRES China is considering investing $1.5 trillion over five years to increase production of higher technology goods, Reuters reported Thursday on its website, citing people familiar with the matter. The spending would be targeted in seven sectors, including alternative energy, biotechnology, new-generation information technology, high-end equipments manufacturing, advanced materials, alternative fuel cars and energy and environmental technologies. Funding would come from corporations, local governments and banks. The National Development and Reform Commission, a Chinese planning agency, declined comment. Full story at: www.reuters.com/article/idUSTRE6B12A5201... -Dow Jones Newswires; 212-416-2900 (END) Dow Jones NewswiresDecember 02, 2010 08:21 ET (13:21 GMT)
TSTC reversal starting ? $10.74 LOL 4X's 2010 EPS & $1.30 below offering on HUGE VOL imo & I could be wrong as I am many times seems like a bit of a Bear trap with shorts going nuts shorting last few days could be real painful for them on proper PR released by Co.
TSTC this would make sense if BAD news came out but tiny 1.7 mill share offering & 5.4 mill shares traded in 4+ days ??? PR will clarify things imo in a very positive way showing clearly WHY they couldnt use LOC money & why they are doing raise to Build manufacturing capacity for WFDS ramp on Govt mandate $$$$ Growth for 2011 is good news & will update Net Income Guidance hopefully closer to $30 Mill in Net Income which means we are at LOW 4X's 2010 EPS & likely 2 or 3X's 2011 EPS
TSTC will clarify use of money Raise Net Income guidance & clarify why they didnt use LOC which is for working capital not growth capital
TSTC WOW $10.40's
TSTC Honestly I cant recall crazier reaction to a tiny offering in my life $10.80 down $4 from blowout earnings on 15th spoke with IR PR out this week but looks like CCME type doubling down by shorts & we know how that turned out for them ... Money raise was GROWTH money not bad news imo....
TSTC 4.4X's 2010 EPS over 5.2 Mill shares trade since 1.7 mill share offering at $12 done pretty insane action $10.85