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It went up too quick, profit takers finally came in. It will most likely begin its uptrend again after some consolidation.
I just opened a position at .022 Looks like the merger is close with this $60M company.
Is there a possibility of a reverse split?
Interesting write-up here on CVDT. This company is definately the real deal.
http://www.telecoms.com/itmgcontent/tcoms/require-reg.html?prevurl=/tcoms/news/articles/20017398582....
Yeah it needed a nice little shake to get rid of weak hands. It wouldn't surprise me if we are back over $5 again tomorrow.
Seems like support around 4.20 area.
Boy now thats a shake lol. will bounce right back up imo. This compnay has been getting major attention for a reason and I still believe it will see that $6-$8 this week.
CVDT, a little shake here, will go back over $5
**Parabolic move coming on CVDT** You are correct in saying that. There is no doubt that with this type of volume that it is set-up perfectly for a mjor major move here.
CVDT going to bust a major move here shortly. I would not be suprised to see it catapult to $6
CVDT guys, it gets stronger each day. Now through $5 and another nice PR also today which makes one wonder if they will get deal with a cellular carrier next like Verizon, Sprint, Cingular. The way this company seems to have so many connections I wouldn't doubt it.
The volume is incredible. We may see $5.30 or so today.
Yes, China is very hot right now so not really suprised how quickly thet are moving. But a deal with a cellular carrier would definately drive this like a rocket; that's a no brainer. I mean IBM is a monster company to be dealing with. Imagine all the revenue they will realize from this alone!!!!
Interesting point from another board...."I wonder if they will get deal with a cellular carrier next like Verizon, Sprint, Cingular. The way this company seems to have so many connections I wouldn't doubt it."
Yeah lol, you hit the nail on the head. Thease guys are praying for a pullback as they sold already; THIS IS VERY OBVIOUS. We will continue higher; look to break $5 today and youn know what, this may just get real crazy like many other internet China plays I have been in previously. It's not suprising to see these stcoks go from single digits to teens in days. CVDT is a powerhouse and do not underestimate it. Many may have jumped out already with a small profit (nothing wrong with that) but CVDT can and most likely will become a monster. Hang on tight imo it may be a quick ride up to teen land; that would be perfect and definately not out of the question when you look at the float, the economy its in (China) and the sector it's in (internet)
I disagree. We will head over $5 tomorrow no doubt in my mind. Look at the dollar amount CVDT traded. We are number 1 really as FRPT is heading to Nasdaq anyday now. This has hit many peoples screeners due to the high activity and major developments such as we saw today with IBM.
http://www.marketwatch.com/tools/marketsummary/screener.asp?exchange=118&view=7&lookup=Look+...
yep, CVDT will defiantely be on fire rest of week with this news and volume, Incredible.
CVDT getting active again. Looking for it to gap and trend higher through the rest of the week. Imagine the scanners it will hit tonight with 5M volume and news with IBM.
Wonder if a short squeeze will bring CVDT to $7-$8 If we get one, CVDT will move very quickly seeing the float is only 10M and I know many people are holding this with strong hands, So could get fun.
CVDT just amazing. New highs and beginning to really bust out. I think it will move quickly to the upside this afternoon.
Wow, CVDT $4.50 is now support, look at that bid. Looking for it to move to $5 or close to it this afternoon. If it doesn't today it definately will tomorrow as it will hit many scanners tonight.
4.50's falling on CVDT. Very strong, I would imagine that deal with IBM will bring in significant revenue as IBM is a very large company and many people are switching their business's over to VoIP due to its cost savings.
I seriously would not be suprised to see CVDT close to $5 this afternoon. Major volume, major news development with IBM and small float will continue to drive this higher.
CVDT News just out with IBM, WOW!!!! This is heading much higher all week imo Going to hit many radars throughout the week is my guess.
China VoIP & Digital Telecom, Inc. Subsidiary to Integrate VoIP with IBM's Medium and Small Size Enterprise Management Service Package
Tuesday January 16, 9:56 am ET
Jinan Yinquan Technology Co. Ltd signs exclusive distribution agreement with IBM distributor in China
HENDERSON, Nev.--(BUSINESS WIRE)--Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT - News) today announced it has signed an exclusive distribution agreement with IBM (NYSE:IBM - News) China Distributor, Beijing Lanyu Chuangjie Technology Co., Ltd. (Lanyu). Lanyu is the exclusive distributor for IBM's Medium and Small Size Enterprise Management Service Package (IBM MSEMSP) in the People's Republic of China.
Under the terms of the agreement, Jinan, a leading provider of Voice over Internet Protocol services (VoIP), will be responsible for the distribution of (IBM MSEMSP) in Shandong Province. IBM MSEMSP is a client relations management software system designed for medium and small businesses.
"We plan on incorporating our VoIP system into the IBM MSEMSP," said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. "We will then offer business customers an integrated service package with multiple applications. IBM MSEMSP clients will have an opportunity to take advantage of the convenience and cost effectiveness of our VoIP system."
Kunwu said that the agreement will not only provide Jinan Yinquan with a significant source of revenue through the sale of the software package but also access to a fertile database of business customers which can be introduced to Jinan Yinquan products and services.
Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations. Short- and long-term plans call for the expansion throughout China.
The Company's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.
About IBM
For more information visit, www.ibm.com.
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol service in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other Information Technology products. The Company currently has 30 employees and is located in the Shandong Province, People's Republic of China.
More information can be found at www.chinavoip-telecom.com.
CVDT getting some major volume, will begin to hit radars shortly imo. Small floater at 10m and a China company to boot. Should do very well.
I dont see any news posted yet on yahoo for CVDT, what was news?
The huge difference here is we are dealing in the China market, where internet usage is poised to explode and in turn VoIP usgae in that region. The other advantage is CVDT is the only company who has presence in this VoIP market in China.
Exactly these PR's show the compnay is really making some huge growth. I bet many people had this on their watch list and are now seeing the developments and jumping in. Not to mentionit must be hitting many mnay scanners and radar seeing the volume its doing and the new highs it is making. Also, the share structure is excellent and on top of that it's a China stock. And we know that the CHina economy is very hot right now.
All of this points to a much much higher share price ahead for CVDT!!!
CVDT major momo and news!! Chart below....
China VoIP & Digital Telecom, Inc. Subsidiary Acquires Chinese VoIP Company to Significantly Increase Revenue
Friday January 12, 9:51 am ET
Acquisition Strategically Positions Jinan as a Major Player in the Chinese VoIP Sector
http://biz.yahoo.com/bw/070112/20070112005332.html?.v=1
Share Structure
O/S - 51,758,000
Public float - 10,008,000
http://www.chinavoip-telecom.com/sinfo.php
Well afetr some great consolidation and many company developments, it only makes sense that this resume its uptrend.
Best looking chart I have seen this year and volume starting to really pick up. CVDT went under a few weeks of consolidation and is now ready to continue its uptrend.
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CVDT signaling breakout at 3.80 Seems like momentum picking up.
Guys please stay on topic and stop replying to the off topic silly posts. I am deleting them as his intentions are clear here.
I was just replying to your answer of saying the 10Q was not good as I totally disagree with you and pointed out that CVDT's sales grew 124% during the first 9 months. That is pretty impressive to me.
You are right, China stocks are very hot right now. You see FFHL flying the last few days? It wont be long before we have our huge move higher here also as the company seems to be making nice strides.
I guess you are a basher now lol You lost all credability in my book. Or you sold and want to get in cheaper, so let's bash lol.
http://www.investorshub.com/boards/read_msg.asp?message_id=15501464
And one more thing. Did you happen to notice that sales grew 124% during the first 9 months?
The chart needed a breather; nice little shake here now to keep people on their toes.
NEWS....
China VoIP & Digital Telecom, Inc. Subsidiary Expansion Plans Call for Cooperative Venture with Major Licensed Telecom Provider
Tuesday December 19, 10:20 am ET
Jinan Yinquan Technology Co., Ltd. to Utilize License of China Tie Tong, One of Only Six Licensed Providers in the Country
HENDERSON, Nev.--(BUSINESS WIRE)--China VoIP & Digital Telecom Inc. (OTCBB:CVDT - News) today announced that the expansion plans of its wholly owned subsidiary, Jinan Yinquan Technology Co., Ltd., in China call for a cooperative venture with one of China's premier licensed telecom providers. Through China Tie Tong, one of only six licensed providers in the country, Jinan Yinquan has formed a strategic alliance that will allow the company to rapidly deploy its VoIP technology throughout the world's most populous country.
Jinan Yinquan, a technology company offering VoIP services in the People's Republic of China, has been developing telecommunication solutions for China's burgeoning Internet industry for more than half a decade.
"It is important to note that in China, telecom services can only be provided by one of the six licensed providers," said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. "Our cooperative venture with Tie Tong not only allows us to expand throughout the country, but may bring to our Company many other advantages such as accessing the network server, network bandwidth and telephone numbers as well as provide the Company with additional sales channels for its NP Soft Switch system. Our association with Tie Tong is critical to our growth plans and we are delighted to be partnering with such an outstanding organization which shares our dedication to excellence."
Jinan Yinquan's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.
China Tie Tong is one of the six largest basic telecom operators in China. The company, which has 31 provincial branches and 316 municipal branches, employs approximately 72,000 people. Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China's 31 provinces and a distance of 52,000 kilometers. During the period of 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 135 million to 164 million. By the end of 2005 the company had 20 million Internet subscribers and assets of 42.4 billion RMB.
"All of the established telecommunication providers in China are actively pursuing VoIP technology as a means to generate further growth," said Kunwu. "That's why a strategic partnership with our company, utilizing our NP Soft Switch IP telephone system, makes a great deal of sense as it can possibly yield attractive profits with a very modest capital investment for China Tie Tong."
Jinan Yinquan recently announced it has expanded its services to two provinces outside of Shandong bringing to 19 the number of cities where they are offering services. They have also recently announced that its technology has been implemented in 30 new retail calling centers, bringing the total number of retail calling facilities using the Company's retail calling technology to 50. (For more information, go to www.chinatietong.com)
More information on the Company and its wholly owned subsidiary can be found in the Company's 8-K filing of November 13, 2006, on the Securities and Exchange Commission official website at www.sec.gov.
This company is the real deal imo. It was actually just mentioned in an article that was concentrating its discussion on the opportunities that exist in China due to their hot and emerging economy. Thanks for the heads up, but I believe this is a totally different situation and not associated whatsoever with those you mention below.
And I agree with Greatbuys, that all this volume would not come from a silly mailer. I think there is much more that lies beneath the surface that we may not know about yet, hence all the accumulation recently.
Yeah smart move, these rumor plays can be dangerous. Never know when they will loose the momentum.