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LGFTY - i caught the news pretty early and filled a large position in the low .80's, and sold entire position from carryover plus this add today in the 1.20's mostly. So grateful for this trade considering the market overall. Bummed that PUDA didn't act similarly, but it just may for Round 2 of "Trade resumption by the SEC", playing at theatres near you in September.
nsom, re: PUDA - yes, i believe so. pretty lame of the SEC if you ask me. darned glad i didn't buy any, but it didn't tank "enough" to pique my interest.
PUDA - i'll consider buying sub-$1
LGFTY - thx r59; my trade 'o day obviously. Sold all at .79 avg, but bought back some for a potential Day 2 move. I could see this settling at, say, $3 at some point, but i'm not going to be holding more than a day or two.
LGFTY(LFT) - my goodness...what whackage.
Trying some high .30's for a bouncer.
CDII - report looks good; stock was up in AH and I chased a bit. The stock could go up a couple of bux and still seem cheap.
http://finance.yahoo.com/news/China-Direct-Industries-iw-4108746096.html?x=0
CJJD - bought some on their .24 eps. Believable? Dunno.
http://finance.yahoo.com/news/China-JoJo-Drugstores-Inc-bw-1192914608.html?x=0&.v=1
DHRM - results look strong; even awarded a patent today as well. Light volume though
http://biz.yahoo.com/prnews/110815/cn52079.html?.v=1
BWOW - working out according to plan; stock could do some interesting things this week if traders get hold of it.
BWOW gonna have a nice headline on Monday; $8-10M revs vs. 2010 Q2 revs of $2.6M
Took a few for that.
CSP, re: LLEN - thanks for the post. Reaffirms my gut feel. I guess I have 89 days to rent a bigger Uhaul
LLEN - understand your points, but have you ever been in an "argument" (with wifey perhaps) where the arguments being presented are so wild that you don't even want to address them. You just want to say, "look, I am a good person, I am held accountable, and I am honorable. The stuff you're talking about is attacking my character, and I don't appreciate it".
It feels like the shorts are getting more desperate, and I appreciate LLEN's call for focusing on what should be important - management credibility. After all, what fraud occurs without mgmt being a part of it? The odds of fraud are greatly reduced (not to zero unfortunately) if mgmt is credible.
Like I said, I heard what I needed to hear, but i'm not surprised that it's not compelling for all.
LLEN - loading shares on the hitpiece response. Don't know how the rest of the mkt will interpret it, but it's what i needed to hear.
L&L is truly an American company, run by U.S. citizens, and in many cases, with Secretary Norman Mineta, Ed Moy and Clayton Fong, former public servants who have served our country at its highest levels. It can be frustrating at times that we have been swept up in this broad generalization of companies with poor accountability and transparency. At L&L, we have been fastidious in not cutting corners and doing things the correct way.
CSOL - great job guys...picked some up at .33 at the open with the intent of holding a bit, but wasn't expecting such a quick powermove.
YHGG - first mining, now milk? What's next, solar?
http://finance.yahoo.com/news/Yasheng-Group-Enter-China-iw-2115564227.html?x=0&.v=1
dantes thanks. took a good sized position on that DD.
traderfan, it's all about low float china names; seems lame i know, but we only get this once every year or two...enjoy it while it lasts. its some of the highest % profits we'll see this year, long and short.
BWOW will be a short eventually joe, but remember it was Day 2 that really launched SINO...and that would be Monday.
KUN getting attention now; one by one they're ramping.
BWOW BWOWW small contract, but that's all it takes for these china lowfloaters! I took a bunch of the warrants at .13 & .16...let's see what happens
SINO my goodness...made my week for sure. Keep a close eye on any and all china's with even DECENT news...e.g. CTDC
SINO - pretty nice news for them. Would seem to legitimize them in a way. Trying some on the news but also since we seem to be in launch mode for these small chinas with news (e.g. NEWN)
BEIJING, July 20, 2011 /PRNewswire-Asia/ -- Sino-Global Shipping America, Ltd. (Nasdaq:SINO - News), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced that its affiliate, Sino-China, has reached a Strategic Cooperation Agreement (the "Agreement") with COSCO Container Shipping Agency.
Founded in 1998, COSCO Container Shipping Agency is a fully owned subsidiary of COSCO Container Lines Co., Ltd. (COSCON) and has more than 50 offices in coastal cities throughout China including Guangzhou, Dalian, Shanghai, Qingdao, Tianjin, Shenzhen, Xiamen and Ningbo.
"By signing the Agreement, we intend to expand our local agency services through the highly-regarded network of COSCO Container Shipping Agency," said Mr. Cao Lei, Sino-Global's Chief Executive Officer. "This relationship with COSCO Container Shipping Agency will not only fulfill our IPO commitment on expanding our footprint throughout China, but also enhance our marketing effort in generating incremental revenues for both companies."
Mr. Liu Gang, Managing Director of COSCO Container Shipping Agency, commented, "The Agreement will integrate resources from both parties and develop our shipping agency business in a cost effective way. We are proud to be associated with Sino-Global and look forward to a long and mutually profitable business relationship."
ZSTN - looking good to me here for a swing. Due for a big bounce.
HOMS 700% more to go to get to fairish value of .50. I'll settle for a little less
HOMS - and that's only 1 out of 4 divisions that the company owns
HOMS worth ~.50 on buyout of division
http://finance.yahoo.com/news/Homeland-Security-Capital-bw-1520165826.html?x=0&.v=1
YHGG - huh? going into mining now?
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8041235-3606-6288&type=sect&dcn=0001199835-11-000444
NEWN - bought a good position on the insider buying news.
http://biz.yahoo.com/prnews/110713/cn34430.html?.v=1
GRVY reports .08 vs .01 on 24% YoY revenue increase
http://finance.yahoo.com/news/GRAVITY-Reports-First-Quarter-pz-1928558260.html?x=0&.v=1
GRVY nice asian online/mobile gamer; posted nice EPS today of .08 vs .01
worth watching off of MOBI and KONG strength imo.
TPI interesting news, similar to what launched ORS.
Reclassification of warrants from liabilities to equity is going to result in massive EPS gains.
The non-cash impact from the warrants for fiscal year 2010 ending June 30, 2010 was a loss of ($0.16) million, or (1.07%) to pretax net income of $14.7 million
The non-cash impact from the warrants for the first two quarters of fiscal year 2011 was a gain of $1.28 million, or 12.9% to net income for the first two quarters of fiscal year 2011 of $9.9 million
Since it's non-cash, one would think that the effect on the stock would be negligible, but after seeing what happened to ORS, i'm willing to hold a few to see what develops.
wade, re: CNTF - agree; the tape is bad despite all systems go. Someone is selling into all large bids; either a large holder (i'm ok with that) or hitpiece (ugh).
CPGI CEO buys 500k shares on open market, and is willing to buy more.
This worked well for CMED, so might be worth a shot here.
HANGZHOU, China, June 16, 2011 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ:CPGI - News) ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced that the Company's Chairman, Mr. Nengbin Fang, has purchased 500,000 shares of China Shengda Packaging stock on the open market for approximately $0.6 million.
Upon the completion of this share purchase, Mr. Fang beneficially owned approximately 5.2 million shares of common stock of the Company, representing an ownership stake of 13.2%.
Mr. Fang commented, "I believe that our Company's shares are currently undervalued. This share purchase demonstrates my confidence in China Shengda Packaging and reflects my commitment to increasing shareholder value. I will consider purchasing additional shares if our share price continues to trade at these levels."
wade, re: CMED - this is a short term swing for me, off of an oversold condition with lots of shorts piled in. Not concerned about falling in love with it longer-term.
ECDC nice GPS social network news
Press Release Source: East Coast Diversified Corporation On Tuesday June 14, 2011, 1:35 pm
ATLANTA, June 14, 2011 /PRNewswire/ -- East Coast Diversified Corporation (OTC.BB:ECDC.ob - News), through its subsidiary EarthSearch Communications, Inc., announces plans to develop a portfolio of GPS related commercial and social networking mobile applications under its new division, EarthSearchMobile, Inc.
EarthSearchMobile will be focus on developing a portfolio of GPS related mobile applications for both the commercial and consumer market. This new division will broaden EarthSearch's market reach from commercial products and solutions, to individual end users through mobile handheld devices.
Current estimates of cell phone users in the United States are projected at 300 million, with 5 billion total world-wide users. With a majority of these phones already enabled with GPS tracking technology, EarthSearchMobile will look to apply a number of commercial and consumer GPS tracking and social networking applications for this already existing hand-held market.
"EarthSearchMobile will integrate EarthSearch's current GPS/RFID technology into an easy to use mobile interface to enhance our current product offerings for our existing clients. Other applications to be developed will include social networking activities related to commercial information and retail business sales," said ECDC Chairman and CEO, Kayode Aladesuyi
Social Networking GPS Applications
The Social networking GPS applications will focus on providing real-time location maps of users within the EarthSearchMobile network to bring together such social groups such as friends, family, political groups, recreation and leisure, or other users created events, all under a EarthSearch mobile network.
An integrated shopping retail application will allow end users to find local discounts at business within their local area, while providing small business the ability to utilize 'push technology' to increase traffic and customer retention by using the EarthSearch's premium retail business social network engine.
Kayode Aladesuyi, the Chairman and CEO of ECDC commented, "Social Networking is big business and we have technology that can play in this field. Since most cell phones are GPS enabled, it was a natural progression for EarthSearch to take advantage of this already established market. By integrating a number of social networking platforms, together with EarthSearch's GPS and RFID know how, we feel this new division could provide some unique opportunities for us to expand our reach into the mobile application and social networking space."
CMED CEO buys 110k ADSs on open market...nice confidence. Could be good for a swing pop considering chart obliteration and large short position.
http://biz.yahoo.com/prnews/110614/cn19378.html?.v=1
CMSI Spinoff & corporate update
Dear current and prospective Cannabis Medical Solutions shareholders,
I would like to provide you with an update on our recent activities, as well as provide a snapshot of what we anticipate achieving through our company over the coming months. There are a few items that we would like to make sure that our current shareholders and the investing community are aware of:
Many of you have contacted the company for an update on our progress. Our mission from inception has been to create a financial payments and services company for the medical marijuana and healthcare sector since 2010. Our unique blend of financial and customized payment solutions help these operations to obtain banking and credit card services properly, eliminate theft, fraud and provide tracking and compliance for medical transactions. In our opinion, we remain the first public company within the sector to offer the only full legitimate suite of banking and merchant services for this business model, and will continue to provide cutting edge payment solutions and services for the medical marijuana space as well as the mobile healthcare industry.
Over the past few months, the company has undertaken a thorough analysis of the state of our sector, as well as how the company can best capitalize on the circumstances of today and how we can best prepare for the future. As such, I am excited to announce that our new management team and I have determined that we believe that diversification is tantamount to success in today's and tomorrow's environment.
Presently, we support and provide services to several dispensary and wellness operations in the states of California, Colorado and Montana through our banking and merchant services agreements. We also provide traditional merchant services through our wholly owned subsidiary 800 Commerce Inc. Both Companies have added additional banking and solution partners which now allow us to provide patient ID cards with online medical record access, digitized personal health records for medical patients and mobile payment technology. We expect to announce new agreements and revenue streams offering these services over the coming weeks.
Recently, we have announced the funding facility and signed term sheet for our wholly owned subsidiary 800 Commerce Inc., in the amount of $5,000,000. The first funding will take place immediately upon the effective registration of the S-1 filing and spin-off of 800 Commerce Inc. All shareholders as of the record date to be announced in the near future will receive a proportionate share of the spin-off company, in addition to their holdings in Cannabis Medical Solutions. As earlier stated, we expect this filing to take place within the next sixty days. In addition, we are excited to announce that we have just executed a term sheet with an additional credit facility directly to Cannabis Medical Solutions in the amount of $10,000,000. Terms of this funding will be released within the next seven days. We are extremely pleased to have found a funding partner who believes in our business approach within the sector based on our new plans.
It has been quite challenging to raise capital over the last twelve months, capture a retail audience for the Company and move forward with our business model based on present federal government outlook toward medical marijuana regulation and wavering state legislation. We have found over the last year that simply having the word "Cannabis" in our corporate name, although beneficial at first in gaining recognition within the sector, has proven to be detrimental in allowing us to announce banking partners, move forward with signing agreements and meaningful contracts, as well as receive research coverage or gain positive traction within the marketplace. We believe our stock price and business model has suffered dramatically directly as a result of our classification as a cannabis company.
In reality, our banking agreements, financial and mobile payment solutions are second to none. In fact, our banking agreements with 800 Commerce include some the largest providers and partners of ecommerce transactions in the country. We have been limited in being able to grow the merchant processing side and business model of 800 Commerce as a direct cause of being part of a cannabis company. By initiating the spin-off, we believe we have solved this issue, and our current shareholders will immediately begin to reap the benefits of the dividend and spin-off company and brand that will soon become a recognized brand and revenue driven company within the merchant services and debit card industry. Further, it has been voted by the majority shareholders and board that the parent Company will soon change its name from Cannabis Medical Solutions to a name to reflect our MediPayments card brand, mobile payment solutions, and new digitized personal health records division, which will allow us to expand our client base to the entire healthcare sector while servicing our existing client base. We believe our business model, management team, and the aggressive execution of our plan on behalf of our shareholders is more important than a name, which has held us within certain box or stigma based on existing federal and state legislation.
Important milestones and events within the last thirty days and to be completed over the next ninety days include:
Executed Term sheet for $5,000,000 credit facility for 800 Commerce Spin-off subsidiary
Executed Term sheet for $10,000,000 credit facility for Cannabis Medical Solutions directly
Initiation of 800 commerce Spin-off and dividend share to existing shareholders with record date to be announced in near future with filing of S-1
MediPayment patient card deployment throughout California for both dispensary patients and Rx pharmacy patients offering discount on prescription drugs, insurance and card to card money transfer
Continued research and development on Biometric device tied to MediPayment card program similar to drug database and prescription card program for Walmart, CVS for patient ID and bill pay
Partnership with one of the largest providers of digitized personal health records for dispensary, wellness and RX patients
With our corporate funding needs now place we have 100% confidence in our business plan and in the ability of our team to execute it profitably on behalf of our shareholders. Rest assured that we will act in your best interests at all times and as we move forward with your company, creating both growth and value in the near term. We promise to update our shareholders on a weekly basis as to the progress of these numerous and exciting events with our company.
Best,
B. Michael Friedman
CEO, Cannabis Medical Solutions, Inc.
KGJI chairman to buy up to 1.5M worth of shares with personal funds.
MMRF highlighted on BUYINS...might be worth a shot here
If FFN were to get revalued as a true social networking company, the stock would go substantially higher since so few shares are o/s. FFN has a unique ability, thru it's broad web properties, to provide cross-branding to its more than 270 million unique customers.
FFN is one of the most heavily-visited social networking websites in the world. Through an extensive network of websites, it has a base of over 270 million members in 170 countries offering a wide variety of online services FFN’s websites are intended to appeal to members of diverse cultures and interest groups, and include social networking, live interactive video and premium content websites.