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MLTO Sponsors Race
I had not seen this part about the race before:
M2
07:26 a.m. 02/16/2006
"MEDirect Latino Inc. (Other OTC:MLTO) ( http://www.medirectlatino.org ), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, recently announced record results for January 2006 in gross billings, new patient shipments and call volume. MEDirect Latino reports gross billings of $804,949 during the month, a 34.89% increase over December 2005 billings of $596,717. Medtronic Inc. (MDT) has reached a deal to become the title sponsor of the Twin Cities Marathon, the organizations announced Wednesday. The sponsorship is an exclusive, five-year deal, under which the race will be called the Medtronic Twin Cities Marathon. Medtronic also holds options to extend the agreement in the future."
Why would we?
Based on a PR summing up things we (and the current NEOM-cognizant investing community) already know?
And what would be wrong?
Hey, it would be great if we did, but I don't expect it.
JMHO
jonesie
CHID Acquires Shenzen Zhuo Tong
China Digital Communication Group Executes Agreement to Acquire Shenzhen Zhuo Tong
--------------------------------------------------------------------------------
Market Wire
4:05 p.m. 02/15/2006
Brings Unaudited Revenues of $5.4M and Unaudited Net Income of $1.9M to CHID
LOS ANGELES, CA AND SHENZHEN, CHINA, Feb 15, 2006 (MARKET WIRE via COMTEX) -- China Digital Communication Group ("China Digital") (CHID), one of the fastest growing battery components manufacturers in China, announced today that it has entered into an agreement to acquire UPE (Far East) Limited ("UPE"), which operates through its wholly owned subsidiary company, Shenzhen Zhuo Tong Power Supply Industry Co., Ltd. ("Zhuo Tong"). Zhuo Tong is one of the leading power suppliers to the domestic market (China) and is a pioneer of third generation (3G) power supply technologies and equipment. In 2005, Zhuo Tong had unaudited revenues of $5.4 million USD, and unaudited net income of US$1.85 million. The closing of the acquisition is subject to various conditions, including the completion of an audit of Zhuo Tong's financial statements, the completion of financial due diligence on UPE and Zhuo Tong by China Digital and the receipt of customary consents, approvals and opinions.
Pursuant to the acquisition agreement, China Digital will acquire 100% of UPE in an all stock transaction valued at approximately US$11.1 million. China Digital will issue 18.5 million shares to the shareholders of UPE in exchange for all of the shares UPE. Upon completion of the acquisition, the shareholders of UPE will own approximately 25% of China Digital.
Changchun Zheng, CEO and Chairman of China Digital, stated, "The acquisition of Zhuo Tong is a pivotal step in transforming China Digital from a mobile phone components manufacturer into a 3G technology and equipment system provider. Zhuo Tong leads the 3G power supply market in China with an impressive customer base and technological intellectual property, and will be immediately accretive to our earnings. The combination of Zhuo Tong and our battery shell manufacturing subsidiary Shenzhen E'Jenie provides a synergistic platform to drive aggressive future growth."
Zhuo Tong provides power supply technology and equipment to China's "Big Four" -- China Mobile, China Unicom, China Telecom, and China Netcom. Zhuo Tong serves large-scale commercial and industrial telecommunication operators; electrical power supply system providers, electricity utilities and other ancillary service providers. Zhuo Tong is ISO9001 quality control certified; holds a TLC license for producing telecommunication equipment and components in China; and is a member of the Chinese Power Source Academic Society.
About Shenzhen Zhuo Tong Power Supply Industry Co.
Shenzhen Zhuo Tong Power Supply Industry Co., Ltd is specialized in manufacturing and distributing high frequency power supply products; reversible power supply products; and other related power supply products including an Intelligent Temperature Control System for the commercial computer industry. Zhuo Tong has promulgated the TLC license for producing telecommunication equipment and components in China. Shenzhen Zhuo Tong partners include Germany Phoenix Electric Co. and American Luminous Network Co. Shenzhen Zhuo Tong's major customers are communication equipment producers for the IT, power, and radio and television broadcast industries. For more information, visit www.zhuotong.com .
About China Digital Communication Group
China Digital Communication Group, through its Shenzhen E'Jenie subsidiary, is a rapidly growing manufacturer of battery shells and related technology for use in electronic products, primarily mobile phones. Since December 2003, the Company has adopted the approach of using licenses, joint ventures, mergers and acquisitions to bring battery and telecom equipment makers in China to markets overseas. The Company's products now power digital cameras, camera phones, PDAs and laptop computers in East Asia and beyond. China Digital is continuing its expansion across China, while also seeking distribution partners in the United States. For more information, visit www.chinadigitalgroup.com .
CHID making a nice move!
Wonder where it goes?
CHID
Making a +50% move off the bottom.
stocktrader, thx for the background on MOBL
Good luck!
jonesie
Chart looks better, and some decent volume to the upside last coupla days ...
Broke short term downtrend line to the upside.
Maybe something is finally starting to happen.
Averaged in around .20, let's go!
JMHO
jonesie
Oops cisco, sorry, I didn't know you had replied until just now.
I just floated in out of the ether ;)
jonesie
stocktrader, hmmm, I just did.
That's a long period of downward movement in MOBL.
All attributable to Cornell's selling? Business plan going well?
If so, is that selling from a lot of original financing, or is it from continued financings with Cornell over that time period?
jonesie
p.s. Where are the White Knight venture capitalists who provide the money for this sort of thing and DO stay in for the big payoff down the road? It's a shame NEOM (because I'm IN it lol) has no recourse other than a Cornell?
pvc, I agree with everything you said ...
except, just to fine-tune what I was saying ...
re: "moe money than holding and waiting to make another 100% profit on fundemental growth in pps."
I wasn't suggesting they'd want or need to do that. They could give the selling a little gas on bounces up in the PPS, then take their foot off the sell pedal once their selling drove the price back down a bit. I'm just talking about doing that in a range between, oh, .378 and .425, for a while.
But yeah, they could just dump bunches and keep on doing it and still come out way ahead, PPS and shareholders be d###ed.
I'm just curious.
Thanks!
jonesie
NEOM keeps pinging that ST uptrend line on the button ...
I'm not really familiar with financing deals like this where someone like Cornell gets a boatload of cheap shares and virtually guaranteed large profits, but I understand how it works.
I wonder if, in these deals, or maybe just in a deal like with NEOM where Cornell may have a good feeling about their future ... where they certainly do want to sell their shares and probably sell most of them as quickly as they can ... they don't want to crush the stock and send it down to some significantly lower support area.
I'm sure these guys can read a chart LOL, so I also wonder if they might try and do just what we're seeing ... take it down to a short-term uptrend line but try not to break it to the downside. They can sell more on the next bounce off trendline, and at a higher price than if they just KEPT selling.
Anyone here have any firsthand knowledge about how these guys might operate in that regard?
jonesie
Charts for every occasion:
The longer term weekly and dailies look good, overall uptrend intact, etc.
It would be nice if NEOM could maintain this shorter term uptrend line. News has been pretty good, obviously there is selling pressure on every pop ... but at the moment "NEOM the PPS" is exactly where one would predict .. back to the ST uptrend line. Buying opp betting on a bounce off it to the upside? Place to watch closely and sell traders on a breach to the downside? Each to his own, but it's an "important" spot in the short term. JMHO -jonesie
toads:
You get the award.
The award for the only person ("newbie" or otherwise) who ever read a stock message board and knows to filter all opinions and commentary, pro and con, through the "take with a grain of salt" filter, then make one's own decisions based on available data, risk tolerance, portfolio management, etc.
I'm serious, it is GREAT to know you're the only one who can do that and that you deeply feel the strong philanthropic need to share that talent with the "unsuspecting idiot category" that you obviously feel everyone else but you fits into.
Enjoy the award!
;)
jonesie
I'm not one of those guys, but ...
My orders are in around 2.70 based on this very simple chart I've been using lately. Buys at the lower trendline and sales whenever I feel like it (and how a 10-day hourly chart looks) have worked pretty well. If I miss and have to chase, so be it ;) -jonesie
JP, re: "games"manship LOL
chess game
checkmate
trump card
Mixing metaphors? ;)
The feeling I have is exactly as you say!
It feels like these other companies are moving into the NEOM fold because THEY see the BIG picture and KNOW NEOM is winning the game ... so why align with anyone else?
NEOM going to have all the marbles soon? (oops, more mixing)
JMHO but I LIKE it.
Okay, back to the charts here lol
jonesie
craft_work, well said.
Hey, are we freezing in Atlanta or what!!!
Good luck to all of us longs!
jonesie
Chart sure looks sweet!
If TDYH wasn't collared by the sell price, I'd be buying big here! As it is, just holding for now.
Well have a good trip!
I suppose it could be in a holding pattern, but if it holds sideways it breaks the ST uptrend to the downside eventually ... not by much at first of course, but a break nonetheless, and would bode ill for the short term IMHO.
TIV still has the longer term uptrend line down there ~ $7, with the always possible overshoot taking it a tad lower on panic sells and shorts piling on sensing an opportunity to break something.
Good luck! -jonesie
OT: re: Cramer's cue card guy ..
... but it happens.
I leave my real-time time&sales up sometimes thru his show and enter a ticker symbol in the SECOND he mentions it ... it's amazing, time and again I see that the stock started moving BEFORE, just minutes before sometimes, he mentions it. Last week VTSS had moved 15% up right before the name was mentioned on his 6:00 show.
In the show's disclaimer it says something about "these are Cramer's opinions and picks and some may have been disseminated prior to" something or other, can't remember the exact working. Does that cover his tail? His cue card guy's tail?
Disseminated to who?
I would think the powers that be watch touts like Cramer pretty closely, think they're watching him closely enough?
jonesie
p.s. Why didn't Calandra get jail time LOL, just some disgorgement and banishment.
waitedg ...
Thanks for the bid/ask info, I have Fidelity ActiveTraderPro and real-time Level II and time & sales, but it doesn't show me DIDDLY on this stock, or any other .pk stocks. And I'm just not patient enough to go look at a pink sheet website I guess LOL.
Maybe my gap-fill buy last Friday will hold up, but I wouldn't be surprised at all to see it hit that lower uptrendline. I'll make a bigger buy there if it does and if that goes the wrong way I'll step aside for a bit and see what happens next.
Nobody's expecting an imminent buyout or anything are they? Don't wanna be out and chasing if I can help it ;)
jonesie
MLTO:
We already filled the gap, enough already! ;)
Buying opp at uptrendline coming up? -jonesie
jonesie
China Digital Communication Group Completes Initial Due Diligence on Shenzhen Zhuo Tong
--------------------------------------------------------------------------------
Market Wire
07:15 a.m. 02/13/2006
LOS ANGELES, CA AND SHENZHEN, CHINA, Feb 13, 2006 (MARKET WIRE via COMTEX) -- China Digital Communication Group ("China Digital") (CHID), one of the fastest growing battery components manufacturers in China, announced today that it has completed its initial due diligence on Shenzhen Zhuo Tong Power Supply Industry Co., Ltd. ("Zhuo Tong"), a specialty manufacturer and distributor of high-frequency power supply products to the global communications industry. China Digital found that Zhuo Tong has advanced, high-quality 3G power supply products, R&D expertise, global partnerships and an established customer base.
Changchun Zheng, CEO and Chairman of China Digital, stated, "In a short period of time, Zhuo Tong has become one of the leading developers and distributors of 3G power supply technologies in China. As a result of our due diligence, we believe Zhuo Tong's expertise in 3G power supply equipment technologies is synergistic with China Digital's new focus to acquire leading companies in the global electronic power resource sector. Zhuo Tong has a very good business operating record with strong marketing channels and revenues. We expect specializing in 3G power equipment can provide a tremendous platform for China Digital's future growth."
The results of the due diligence process include the following:
Liming Zhang, CEO of Shenzhen Zhuo Tong, founded Zhuo Tong in 2000, purchasing the distribution rights from Power-One of Norway. In 2001, Mr. Zhang led the company from a power supply products distribution company into a power supply products manufacturer. Under his leadership, Mr. Zhang grew the company's R&D capabilities and invested tremendous capital in developing new technological innovations. In 2002, the company successfully designed high frequency power supply equipment, including group power supply equipment and reversible power supply equipment, and in 2003, the company began producing these new products. In 2004, the company became one of the leading power suppliers to the domestic market (China). In 2005, the company began its research and investment in 3G power supply technologies.
Zhuo Tong also has a strong customer portfolio. Many of who are leaders in Chinese domestic telecommunications industry. Major partners and customers include:
1. China Mobile -- Jiangxi Branch and Sichuan Branch 2. China Unicom -- Jiangxi Branch, Jiang Su Branch, Yun Nan Branch, and Sichuan Branch. 3. China Telecom 4. China Power Company -- Sichuan Branch 5. China Tie Tong -- Sichuan Branch
The China Information Industry Bureau issued a TLC license to Zhuo Tong for producing telecommunication equipment and components in China. The China Information Industry Bureau -- Telecommunications Research Academy is the official professional organization that recognizes and issues licenses in the fields of management system and products recognition in the telecommunication industry in China. In December 1996, TLC was registered in CNAB. The licenses issued from TLC are widely recognized in other nations as well, including the United States, Germany, Japan, France, and Italy.
Pursuant to executing a letter of intent to China to acquire Zhuo Tong on February 8, 2006, China Digital is now in the process of completing due diligence on Zhu Tong's financials, and will report on its findings as soon as they are available.
About Shenzhen Zhuo Tong Power Supply Industry Co.
Shenzhen Zhuo Tong Power Supply Industry Co., Ltd is specialized in manufacturing and distributing high frequency power supply products; reversible power supply products; and other related power supply products including an Intelligent Temperature Control System for the commercial computer industry. Zhuo Tong has promulgated the TLC license of producing the telecommunication equipment and components in China. Shenzhen Zhuo Tong partners include Germany Phoenix Electric Co. and American Luminous Network Co. Shenzhen Zhuo Tong's major customers are the communication equipments producers for the IT, power, and radio and television broadcast industries.
About China Digital Communication Group
China Digital Communication Group, through its Shenzhen E'Jenie subsidiary, is a rapidly growing manufacturer of battery shells and related technology for use in electronic products, primarily mobile phones. Since December 2003, the Company has adopted the approach of using licenses, joint ventures, mergers and acquisitions to bring battery and telecom equipment makers in China to markets overseas. The Company's products now power digital cameras, camera phones, PDAs and laptop computers in East Asia and beyond. China Digital is continuing its expansion across China, while also seeking distribution partners in the United States. For more information, visit www.chinadigitalgroup.com .
Yup, gone, cool :) EOM
What the heck was that 10K share trade at .236?
Now that's a fat finger freddy LOL. Did he type in the wrong symbol or something?
Hope they do away with it or he gets it fixed .. messes up the chart LOL.
Criminy.
jonesie
Well, it's not showing on my time & sales as an earlier order.
It's showing as an after hours trade.
The codes are different.
2 250K trades at .3952.
FWIW
jonesie
doubloon, it does sound good for the longer term.
Meanwhile I just wanna "do good" in it.
Missed my order, placed the moment that gap was created ... by one thin dime. Think I'll get it? Oh, nevermind, it just started filling me. Rutrow lol.
Best of luck to all and have a great weekend!!!
jonesie
FF, lately we've seen those kinds of swings ...
... lack of movement can indicate some consolidation going on, but one day does not always tell the tale.
The pitchfork on this chart was put in place the week that had the intraday low of 5.52 in it, when that point was at the hard right edge of the chart, nothing out beyond it. The lower tine has, so far, predicted the ascending support we have seen for the last 3 months+, and the middle tine showed a potential resistance area. We saw that resistance confirmed, and now we are right back at that support line so it's a decision point of sorts, where TIV will decide whether it crawls up that short term uptrend line (continued positive feelings about the stock), bounces up off it (some well-timed good news comes out), or falls below it (declining confidence or a short attack).
Also, look at the weeks preceding the week that had the 5.52 in it. Plenty of volume, tight horizontal trading range, nothing much going on in the bigger picture.
At this particular moment, I'm just holding what I got and waiting for TIV to decide which way it's gonna be. The indicators I follow are a bit mixed in this weekly chart and in the daily, which is normal at a point like this, and they have, if anything, a slight negative overall look. So, if one is looking for info to aid a decision whether to buy/sell/hold, it's a time to watch closely. What are you looking for? A reason to buy? A reason to sell? Some forewarning to be used to steel the old nerves? -jonesie
MLTO: Maybe my hopeful order in that gap will fill after all?
Could MLTO even return to that lower uptrend line eventually? So many stocks do. -jonesie
Oops, wrong board ...
... oh wait, this is NOT the RB board, it just looked like it for a minute.
;)
jonesie
p.s. Mods, feel free to delete this particular piece of clutter LOL, sorry.
ERG, but ....
... news CAN, and often WILL, trump TA lol, so I have to "resign myself" to chasing every now and then when the TA I use has me out of a stock at just the wrong time. This is what I do so I'm "here" and I can jump in pretty quick.
;)
jonesie
Hi ERG Consulting,
Remember my ESLR comments? Who knows, one can only hope.
On GTE I have a hopeful order in again on the lower uptrendline, but also an order in a little above the lower tine on the pitchfork, these orders get moved up as the lines ascend.
Simple stuff but it has captured a chunk of the bigger swings. GTE has hit that lower uptrendline twice since it was originally established, once in late December and again earlier this week. Bingo.
OT: bodreaux ...
I don't know. I write all my scans for the stockcharts.com scan engine.
What you describe would be an interesting thing to use, perhaps someone else knows.
jonesie
chartist, keep up the good work.
I get the same kind of stuff on another board where I post annotated charts for no other reason than to benefit people who ARE interested. In spite of the fact that for the last 18 months those charts have predicted the big swings in an uncannily correct fashion, there is always someone who wants to say "charts are useless" for this or that reason.
I've always suggested to them that anyone who gets aggravated that someone takes the time to develop these charts (they don't develop themselves), posts them free of charge, AND to some extent puts their opinions out there regarding probabilities which are then open for later scrutiny and grading ... well, they can just put me on ignore and keep their comments to themselves.
There's more to say on the subject but I don't want to start the day with a major rant ... just a minor one ;)
Best of luck,
jonesie
$11.75 is what I'd like.
Even $7.75.
Eventually ESLR could come back to those trendlines, of course the price could be somewhat higher by the time it hits them.
JMHO
jonesie
Oh, and, BTW... GREAT NEWS!!!!!!!!!!!!!!!!!
OT: daytrading/brokers/brewski
I don't typically trade THAT often, more of a swing trader here, but there have been occasions where trading quickly was the smart thing to do. I called Fidelity to see what activities on my part would classify me as a "daytrader" and what would be the ramifications, if any, of such a classification.
I got a very vague answer LOL.
Are there hard and fast rules in that area, or do you think it varies from brokerage to brokerage?
Just curious, nothing urgent.
jonesie
AMKR, wow. EOM
SRM,
I don't always approach stock price movement in that fashion but I enjoy playing with numbers so I enjoyed your thought process and calculations.
I have no answers, just more doodling.
Look at the 10 weeks that took the price from .06 to .30.
600MM shares traded. 400% increase in PPS.
Then, yes, the 319MM shares in the 5 week period you first mention, during which time the share price rose from, oh, call it .228 to that high of .749. Roughly a 200% increase in PPS.
Hmmm, comparing those two runs, the second run had half the TOTAL volume of the first run, but about the same average volume per week. The second run had half the percentage appreciation in share price, and of course that smaller appreciation traces back to the sustained run time of the second run being half that of the first run.
Hmmm, getting tired here, very tired LOL. Just thinking out loud and adding to your numbers. Probably better leave this to someone who has analyzed this particular facet of stock movement, but I'm not sure I'd draw the conclusion that a lower average weekly volume (AWV?) will propel the PPS further or faster. In the second run it took the same AWV as in the first run to get us the first run's average weekly percentage gain.
So, pick a point where the next anticipation of imminent success might be triggered, add 10 weeks at 60MM shares of buying per week, and figure on a 400% gain. From here that takes us to $2.00.
Or ... I still like that upper tine in the weekly chart with Andrews Pitchfork in it. If NEOM is to enjoy runs such as those that we believe will occur along the way to success of their business model ... that tine is pointing to the future. If the run started now, project that tine up and out 10 weeks into the future and I think you get around that $1.25.
So, somewhere between $1.25 and $2.00 on the next BIG run.
All in MVHO.
Very sleepy.
jonesie
"the appropriate strategy is ... to only buy into strength"
... after dips.
;)
jonesie