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Short interest posted on CCME board.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59213123
LOL...yep, $26 by friday or this has to be the worst stock ever....
Asia Entertainment & Resources Ltd. Adds Private Room at Star World Hotel & Casino
Date : 01/26/2011 @ 8:30AM
Source : Business Wire
Stock : Asia Entertainment & Resources Ltd. (AERL)
Quote : 10.76 0.0 (0.00%) @ 7:22AM
Asia Entertainment & Resources Ltd. Adds Private Room at Star World Hotel & Casino
Asia Entertainment & Resources Ltd (MM) (NASDAQ:AERL)
Intraday Stock Chart
Today : Wednesday 26 January 2011
Asia Entertainment & Resources Ltd. (“AERL”) (NASDAQ: AERL), which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, today announced that it would be adding a private room to its VIP facility at the Star World Hotel & Casino in downtown Macau to handle the increasingly high demand of private rooms there, bringing the total number of tables at the facility to 12.
Concurrently, to better meet the ongoing level of business at the VIP facility at the MGM Grand Macau Casino, AERL also announced that it will be moving this operation to a smaller room, lowering the number of tables there from eleven to six. This will create a warmer atmosphere for the players without affecting the current level of gaming volume and rolling chip turnover in this room. As volumes rise, AERL will have the ability to increase the size of its facility at its choice with one week’s notice.
“We are pleased to be expanding our presence at the Star World Hotel & Casino, which is indicative of the successful VIP facility we have already built at the hotel as well as an additional opportunity to increase our long-term value for our shareholders,” said AERL Chairman Lam.
I want to see a double digit multiple based on forward EPS and can think of no legitimate reason why we shouldn't get it. The John Bird's of the world be damned.
This will not happen until the stigma associated with the reverse mergers is put the rest. Everyday we see new stories about possible fraud in our China Small Cap universe. Fear of the unknown is currently factored into the market price.
I hear all the people on this board crying about the current share price. If I remember correctly, we were $8 in September. Almost tripled to $22. Retraced to $14. Currently sitting at about $20. Ready for the next leg up. Where ever this takes us I am sure there will be another big spike in SP. Follewed by another retrace. Followed by all the bitching and moaning about WHY this does not trade like an American stock..... Unless your time horizon for CCME is TOMORROW, you have no reason to cry...
Relax and enjoy the ride. You might live longer without all of your worries. Otherwise sell and move on.....IMO of course...Aggie...
Check the Sheff Station board. On going commentaty on the phone conference being held now.
Could some one explain form 15 to me....Still learning....TIA Aggie...
The timing of this PR is not by accident...Well played by CCME IMHO...
I remember back in September we were trading around $8.00. Now a little over three months later we trade around $17. I personally will take that any day. Lets all try and see where we are trading 3 months from today. Aggie....
I can give you a guess...LOL....
My guess is this is instutuional buying and the 150K shares at $$$$ represents the average price for the days purchases. Just a guess on my part...Please jump in and correct me if I am wrong...Aggie..
You mean the last three days meaning the days after christmas and before new years...I think you can say the same for every stock...You are a sly one are you not?...IMO...Aggie..
You are a very sly one Pedro...
From CGS board Global Hunter Upgrade to $26/share
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57878017
Goldman Sachs upgrades Focus Media $FMCN to Buy, $28 tgt
I donot believe that MS coverage was anything more than some posters "like to have". Just another example of posters setting expectations that when they do not happen, pulls the stock down.....IMO of course....Aggie
ZSTN on fire today. Anyone care to speculate as to why? Aggie
believe that if there is basically very little possibility of CCME hitting $20 again in 2011 without a dividend announcement or major analyst buy coverage.
I tend to disagree with this statement. There is a lot of water to go under the bridge before 2011 is over. Without significant news, the best thing that could happen with CCME is analyst coverage by a respected firm. Would give some level of credibility to the company. IMO, this is what is lacking at the moment. Everyone is scared CCME will become the next RINO. Of course, this is all IMO. I really know nothing at all.....Aggie....
Until the company does something radical to right the ship. We will continue to slid. Fundamentals do not matter. This is purely reactionary trading....IMO again...Aggie
IMO what we are seeing is the fallout over the RINO fiasco. The shorts primary argument is these Chinese snall caps are frauds. Now with RINO they have the smoking gun. Investors are no longer comfortable with the Chinese SC space and are fleeing...IMO...Aggie...
The good news related to todays action for me is we hold above 14.25. I read a post earlier in the week from Dan that indicated the Starr warrants could be called if we hold above 14.25 thru end of week.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56748254
To me this removes the warrent overhang as a question (assumeing managment calls the warrents). Would anyone care to comment. Looking for a ray of sunshine in an otherwise down day....
Good Luck, Aggie....
I am out AH and will sit back and watch....
Well I am in but getting very nervous...Reporting after hours on a Friday cant be good......
HARBIN, China and NEW YORK, Nov. 15, 2010 /PRNewswire-Asia-FirstCall/ -- China North East Petroleum Holdings Ltd. (NEP:$7.0800,$-0.0900,-1.26%) , a leading independent oil producing and oilfield services company in Northern China, today announced that the Company will report its third quarter 2010 financial results after the market close on Friday, November 19th, 2010.
Sorry Never, but I do not think you are going to have much support for your "take" on the annual meeting. A virtual meeting is going to allow many like myself to participate, who would not be able to otherwise. Also, shows a measure of fiscal responsibility of not spending an outrageous amount of money on a venue....IMO of course, just like your take...Aggie....
I personally like the idea. No way I would be able to make a road trip. This allows me to participate...Kudos IMO...Aggie...
I am hearing alot of people are going to lighten their position going into earnings...There is a lot of hype on this stock...So much has been said about a dividend annoucement, that if it does not happen, people will be disappointed and bail, regardless of the numbers...IMO, Everyone who wanted in is already in...I would not be surprised to see continued selling from those who want to lock in profits without a lot of buying today...Just how I see it...Aggie
I agree with you. I have heard dividend so much on this board, that if it is not announced people will be disappointed, regardless of how the numbers come in. I personally, am hoping for something north of $20 so I can lighten the load a bit before Monday....Aggie...
Sorry Double post
So are those at 9.00
GRRF - Yes but today was outstanding $3.40 +$1.34 +65%.. Holding this POS since 01/07/2010. Was down big. Doubled down on todays news and am now green overall. Tomorrow is decision day for me. MoMo players are all over this and will see how we open and have a very quick trigger....Aggie...
Sound pretty certian Fernando....I like that....
I *really* would not give up on a dividend coming from CCME (Walks away whistling). If you trade/invest believing the dividend is not coming, I promise you, you will regret it...
-Fernando
GRRF news:
China GrenTech Wins China Broadcasting Corporation Bid for the China Mobile Multimedia Broadcasting Network8:00a ET October 28, 2010 (PR NewsWire)
China GrenTech Corporation Limited (Nasdaq: GRRF) ("GrenTech" or the "Company), a leading China-based provider of radio frequency ("RF") and wireless coverage products and services, today announced that the Company has won bids from China Broadcasting Corporation to supply equipment and integration services for the China Mobile Multimedia Broadcasting (CMMB) project.
GrenTech achieved a remarkable performance in this bidding process to become the only vendor to win all 7 bid sections among 34 bidding companies. The tender includes indoor and outdoor low-power transmitter, indoor antenna, passive components, among others.
"We are pleased to announce our successful participation at the China Broadcasting Corporation bidding process," said Mr. Yingjie Gao, GrenTech's Chairman and Chief Executive Officer. "Our success in this bid reaffirms our position as one of the leading providers of radio frequency technology and wireless coverage products and services in China with an exciting pipeline of new products to come."
China Mobile Multimedia Broadcasting (CMMB) is a mobile television and multimedia standard developed and specified in China by the State Administration of Radio, Film, and Television. GrenTech's successful participation in the bid process for this multimedia broadcasting coverage project demonstrates that the Company is well positioned to benefit from the CMMB network construction.
About China GrenTech
GrenTech is a leading developer of radio frequency ("RF") technology in China and a leading provider of wireless coverage products and services in China. The Company uses RF technology to design and manufacture wireless coverage products, which enable telecommunication operators to expand the reach of their wireless communication networks to indoor and outdoor areas, such as buildings, highways, railways, tunnels and remote regions. GrenTech's wireless coverage services include design, installation and project warranty services. The Company also tailors the design and configuration of its wireless coverage products to the specific requirements of its customers.
Based on its in-house RF technology platform, the Company also develops and produces base station RF parts and components sold to base station manufacturers. GrenTech is a qualified supplier of RF parts and components to major global and domestic base station manufacturers. For more information, please visit www.GrenTech.com.cn.
Safe Harbor Statement
Statements contained in this press release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause the Company's actual results to differ materially from its current expectations. Factors that could cause the Company's results to differ materially from those set forth in these forward-looking statements include: the Company's reliance on business relationships with the Chinese telecommunications operators and base station equipment manufacturers; the risk that the Company will continue to experience downward pressure on the pricing of its products and services due to the telecommunications operators' bidding policies or other factors; the risk that the telecommunications operators in China will not expand or maintain their spending on 2G, 3G, WLAN or other network projects or that the Company will not be successful in future bids for tenders held by the operators; uncertainty as to the future demand for base station RF products by domestic or international base station equipment manufacturers, including the risk that demand in China or elsewhere for base stations may not grow as the Company's management anticipates due to shortages of international components or other factors beyond the Company's control; risks associated with large accounts receivable, long collection periods and accounts receivable cycles and the Company's ability to maintain or improve its recently decreasing collection periods; fierce competition in the wireless communication industry; growth of, and risks inherent in, the wireless communication industry in China, including uncertainties regarding the timing and nature of any future restructuring of the telecommunications operators in China; uncertainty as to future profitability and the Company's ability to obtain adequate financing for its planned capital expenditure requirements; uncertainty as to its ability to continuously develop and manufacture new RF technologies and keep up with changes in RF technologies or to develop new markets for wireless coverage products and services such as industrial users; risks associated with possible defects and errors in its wireless coverage products or base station RF products; uncertainty as to the Company's ability to protect and enforce its intellectual property rights; and uncertainty as to the Company's ability to attract and retain qualified executives and personnel, particularly in its research and development department; risks associated with the Company's ability to successful deliver equipment for the China Multimedia Mobile Broadcasting network; risks associated with possible defects and errors in equipments supplied to the China Multimedia Mobile Broadcasting network. Other factors that may causes the Company's actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect its prospects in general are described in the Company's filings with the Securities and Exchange Commission, including its Registration Statement on Form F-1 related to its initial public offering and its annual reports on Form 20-F. The Company undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.
Company Contact:
Cat Zhang, Investor Relations Manager
China GrenTech Corp Ltd.
Tel: +86-755-2650-3007
E-mail: investor@powercn.com
Investor Relations Contact:
Ed Job, Account Manager
CCG Investor Relations
Tel: +86-1381-699-7314 (Shanghai)
E-mail: ed.job@ccgir.com
Kristin Knies, Senior Market Intelligence Executive
Tel: +1-646-833-3401 (New York)
E-mail: kristin.knies@ccgir.com
GRRF up 32% now!!!
GRRF running on news.....up 21%
EDS looking good here guys. Printing 9.00...............
EDS looking good here guys......
I'm here....Dead money...
EDS - Not sure if followed on this board. Hit 8.00 for the first time since May. Earnings in a couple of weeks....Aggie...
Pulled back a bit more that expected but closed just above the 14.05 gap on Tuesday Check . Seem to now be consolidating in the $15's Check . Will be interesting what happens next. A) the anticipated short sqeeze B) guidance update C) Dividend annoucement D) earning pre-release. Assuming the entire sector does not crash my hope is we consolidate here. The upside keeps looking better and better. I have no idea what the shorts are basing their decisions on. All just my opinion....Aggie...
I am not short either, however I do tend to agree with TraderFan. If we get news, then everything changes again. Absent any short-term news, I believe we fill the gap 14.05 then consolidate in the $15's for a bit. The next piece of positive news sends this to $20+. If you were here just to play the momo, that ship has turned short-term. Position=Long and extremely bullish. Just my opinion. Aggie....
I am not short either, however I do tend to agree with TraderFan. If we get news, then everything changes again. Absent any short-term news, I believe we fill the gap 14.05 then consolidate in the $15's for a bit. The next piece of positive news sends this to $20+. If you were here just to play the momo, that ship has turned short-term. Position=Long and extremely bullish. Just my opinion. Aggie....