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BORN selling at book value with a p/e of 4
Looking more like .02 is coming up this week
CCME Short.Drop below 10 will be fast and painful.
Looks like an early pump followed by the dump.
here come the buys
FDMF new oil spill clean up company making the news
right now id take about 15 cents
FDMF chart please
FDMF word is getting out. http://stockreads.com/Stock-Newsletter.aspx?id=26952
Starting to get picked up by a few sites, should get interesting tomorrow.http://www.xtremepicks.com/portal/wp/ www.thestockwizards.net
Gap and run tomorrow after todays reviews of runners.Looks strong!!
This looks like the next big runner...just started moving today, shoud go all week long.
Business must be improving for them. They have started hiring again.http://www.cibmcareers.com/
still adding. The big buys are hard to get on the cheap.
I encourage people to call and request an updated PR for the company.
im not seeing anything at .60 just DOMS @ .80
Management looks like they are on top of things and I expect them to issue some sort of PR stating thier emergence from bankruptcy with the common left unaltered,an expected return to profitability plus a current book value of $1.30 An uplisting may not happen immediately but i could be wrong on this. Either way this is the bottom.Once it breaks .65 it is blue skies.Needless to say a PR sends this into orbit and thier is no reason not to think it couldnt happen anytime.
FDIC only helps the weaker banks. CIBH no longer qualifies. $1.30 book value among a vastly improved balance sheet.Profitability on the horizon.Friday may be last day for cheap shares. News will get out over the weekend and maybe a chaser next week.
CIBH is a sleeper stock. Not very many are onto the potential here.With some 80 million in tangible assets and a financial statement better than what they have seen at least in the last 3 years.They lost 9.3m. For 2009 however, they had 230m cash, 0.7m asset, 0.6m liabilities, and 85m equity. They did lose around $32m for the year (if I take out the big Q4 gain and assume based on Q1 2010), but now they are aiming to be profitable (which they rarely have been), with cash levels at 2004 levels and much stronger shape than 2006.
They have not diluted 1 share - this is the same share count as back then. Bottom line, patient players, there is no reason this can't get back up to those levels. It is fairly worth $4.50 right now and historic says there is no reason it can't get back there.
Looking at the numbers 2004 on, you can see why they were destined to go BK, but they have cleaned this up very impressive. 10 bagger this year certainly possible.
BSPM adding
CZI- good China hedge
Not all pinks are a POS. CIBH is a clear example. But generally I avoid them for the reasons you mentioned.I would love to see CGDI uplist again as it hold some real speculative value down here but sadly, like NEP they just cant seem to get thier act together.
How will this effect our China stocks????.....South Korea Beams Pop Song to North, Seeks Sanctions on Sinking
Share Business ExchangeTwitterFacebook| Email | Print | A A A By Bomi Lim
May 25 (Bloomberg) -- South Korea broadcast a pop song extolling freedom of choice and a warning on the dangers of overeating into North Korea, ending a six-year moratorium on propaganda in retaliation for the sinking of a warship.
The four-hour radio program yesterday evening included a speech by South Korean President Lee Myung Bak outlining his government’s response to the March 26 sinking, which an international panel concluded was caused by a North Korean torpedo. The South, which lost 46 sailors in the attack, will seek more United Nations Security Council sanctions, halt most trade, and bar North Korean vessels from its waters, Lee said.
“We have always tolerated North Korea’s brutality, time and again,” Lee said yesterday. “Now, things are different.”
Lee’s cutting of ties will increase North Korea’s economic dependency on China, which has yet to accept the panel’s findings and yesterday urged all sides to remain “coolheaded.” Kim Jong Il’s regime said it will shell South Korean positions that use loudspeakers for “psychological warfare,” the official Korean Central News Agency reported.
South Korea’s won weakened to an eight-month low and the cost of insuring South Korean government debt from default climbed to a nine-month high after Lee’s announcements. North Korea last week threatened “all-out war” for any punitive action taking against its regime.
Lee’s actions mark “the end of an era of reconciliation and the beginning of a new Cold War,” said Yang Moo Jin, a professor at the University of North Korean studies in Seoul. “China will resist joining international condemnation of North Korea. It doesn’t need to be seen as bending to U.S. pressure.”
The propaganda broadcast made on FM radio began at 6 p.m. local time yesterday when a woman anchor announced what she called the “voice of freedom.” North Korean listeners were regaled with a song by a South Korean girl band, Four Minute.
‘Do as I Please’
In the tune, “Huh,” the band sings: “When I say I want to appear on TV, when I say I want to become prettier, everybody says I can’t do it. Baby, you’re kidding me? I do as I please.”
The broadcast then explained how South Koreans no longer experience hunger, and are more worried about getting fat.
“Always remember, we want to share our prosperity with you,” the anchor said, accusing North Korean officials of enriching themselves while the people go hungry.
The UN World Food Program said this month its aid to North Korea will run out by the end of next month.
Worsening Shortages
Kim’s regime, which has been relying on handouts since the mid-1990s, is suffering from worsening shortages after a botched currency revaluation late last year. Academics including Rudiger Frank, professor of East Asian Economy and Society at the University of Vienna, said the reform was an attempt to roll back an experiment with free markets that had loosened the state’s control over jobs, food and patronage.
While the U.S., Japan and other allies of South Korea lined up in support of Lee, China said it was considering the results of the investigation. All sides should “exercise restraint,” Foreign Ministry spokesman Ma Zhaoxu said in Beijing yesterday.
“No responsible country in the international community will be able to deny the fact that the Cheonan was sunk by North Korea,” Lee said, without naming China.
North Korea’s KCNA has denied the charge, accusing “the traitor” Lee of a smear campaign “written by the master,” referring to the U.S.
The increased tension on the Korean peninsula comes as China plays host to Secretary of State Hillary Clinton, Treasury Secretary Timothy F. Geithner and dozens of other American officials for the U.S.-China Strategic and Economic Dialogue.
South Korea plans to hold joint anti-submarine exercises with the U.S. off its west coast, Defense Minister Kim Tae Young said. That would put U.S. warships in the Yellow Sea, next to China’s eastern seaboard.
Sanctions Bite
UN sanctions imposed on North Korea after its second nuclear test in May 2009 caused the North’s international commerce to shrink 9.7 percent last year, according to the Seoul-based Korea Trade-Investment Promotion Agency. Stripping out South Korea’s one-third share, China accounted for 78.5 percent of North Korea’s commerce, the agency said. North Korea, whose leader Kim visited China earlier this month, doesn’t release trade data.
In addition to being North Korea’s main source of support, China is also host of multilateral talks on the nuclear weapons program. The forum includes Japan, Russia, South Korea and the U.S. North Korea reiterated its right to develop nuclear weapons to protect it from U.S. aggression, KCNA reported yesterday.
The March attack was the deadliest blamed on Kim’s regime since 115 people were killed in the 1987 explosion of a South Korean airliner. Other incidents include attempts in 1968 and 1983 to assassinate South Korean presidents.
“Korea is one theater where the two sides in what I call ‘Cold War II’ will interact,” said Frank. “With China being so big and rising, confrontation with the USA seems inevitable. The only hope we can have is that this confrontation does not develop into a hot war.”
To contact the reporter on this story: Bomi Lim in Seoul at blim30@bloomberg.net
Last Updated: May 24, 2010 11:00 EDT
http://www.bloomberg.com/apps/news?pid=20601087&sid=ai0hoXoCzgCw&pos=8
The sun will rise in the East and set in the West.ACLH will delay the PR cuz of circumstances beyond thier control. ;D
No Excuses For Un-Hedged Portfolios...http://finance.yahoo.com/news/No-Excuses-For-UnHedged-indie-333717371.html?x=0&.v=1
Sounds good to me. I will be watching and waiting. Good luck sir.
Hey you might just be right. Best of luck to you sir!
Laugh away. I hope u make a boatload of cash here. But they keep on putting out nothing but broken promises(cc) and fluff PRs. Other than trading here I just dont see anything substantial to get excited about.Why do you think you will come out on top when the past history here indicates otherwise?Oh let me guess. A big contract with BP? Right? Sure.OK. Let them keep thier CC promise or issue some kind of contract news first even if it isnt with BP. I don't care. They just need to do something positive other than simply talking about potential.
Well this is two strikes already. One more and it game over.
you mean they failed to have a conferance call again? This makes twice in two consecutive business days.Now they are saying a PR. Later they will probably say the PR will be at the end of the week.Just leaves you gushng with excitement on when they will do anything on time.
ACLH...how did the 1pm conferance call go?
German Parliament Approves European Aid Package...like throwing the deck chair off the Titanic hoping it won't sink.
CCME unbelievable.Throwing the deck chair off the Titanic.
European markets slide despite German vote
By PAN PYLAS (AP) – 39 minutes ago
LONDON — Europe's stock markets slid again Friday even though German lawmakers approved a massive eurozone rescue package — another sign that worries over the continent's debt crisis and the future of the euro currency itself have not gone away.
The FTSE 100 index of leading British shares was down 101.62 points, or 2 percent, at 4,971.51 while Germany's DAX tumbled 136.43 points, or 2.3 percent, to 5,731.45. The CAC-40 in France dropped 86.65 points, or 2.5 percent, to 3,345.87.
No respite is expected when Wall Street opens later — Dow futures were down 94 points, or 0.9 percent, at 9,962 while the broader Standard & Poor's 500 futures fell 10.8 points, or 1 percent, to 1,059.20.
The European debt crisis continues to be the main point of interest in the markets and fears are growing that it may prove to be the catalyst to a renewed downturn in global growth, if not an outright slide back into recession. While many of the world's leading stock markets are below the levels they started the year, oil prices have slid below $70 a barrel amid fears of waning global demand and U.S. Treasury yields remain at 2010 lows.
Worries about the debt crisis and the ensuing impact it may have on world growth have not been dampened by the news that Germany's lower house of parliament voted in favor of an EU-led rescue plan, sending it to the upper house, which represents Germany's 16 states and where Chancellor Angela Merkel's center-right government currently controls a majority, for a decision later in the day.
The euro750 billion (nearly $1 trillion) package was drawn up two weeks ago. Germany, Europe's biggest economy, is to contribute between euro123 billion and euro147.6 billion in loan guarantees. It comes hard on the heels of a separate package to rescue Greece — which was already unpopular with Germans.
Even though the upper house is also expected to approve the same measure later, the crisis hangs heavy over all investing decisions.
"A lack of policy direction throughout Europe is still weighing on sentiment, especially the threat of greater regulation over the banking industry," said Geoffrey Yu, an analyst at UBS.
Investors have been spooked by what some see as the failure by Europe's leaders to cooperate on economic issues — Germany's decision earlier this week to curb some trading activities was a unilateral measure that was not greeted positively elsewhere in the EU or in the markets.
"The market is becoming increasingly sensitive to signs that slower growth in Europe is spreading outside its borders," said Jane Foley, research director at Forex.com.
Figures Thursday provided hints that growth in the U.S. could be stalling — weekly jobless claims, for example, rose by an unexpectedly large 25,000 in a sign that the labor market remains weak.
In the currency markets, the euro remained relatively buoyant — by early afternoon London time the euro was up 0.7 percent on the day at $1.2543, way up on the four-year low of $1.2146 recorded Wednesday in the wake of the German ban.
Meanwhile, oil prices were back below $70 a barrel — benchmark crude for June delivery was down 93 cents at $69.87 a barrel in electronic trading on the New York Mercantile Exchange.
Earlier in Asia, Japan's Nikkei 225 stock average retreated 245.77 points, or 2.5 percent, to 9,784.54, while Australia's S&P/ASX 200 index shed 0.3 percent to 4,305.40. Indonesia's benchmark stock index plunged 3 percent but China's stock market in Shanghai bucked the trend, rising 1.1 percent.
Hong Kong and South Korean stock exchanges were closed for a public holiday. Trading in Thailand has been suspended due to political turmoil.
Looks like people are liquidating everything w/o regards. Value seems to be nothing. Just waiting for the next shoe to drop. Most traders seem to heading towards cash.
North Korea says South pushing towards war........http://www.reuters.com/article/idUSTRE64I26F20100521 ...........How would this affect China?
hedge your positions man... buy the cheap china shares while hedging with EDZ. Its really very simple.