is Loving China.. considering learning Mandarian
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"Trying" is effort not efficiently processed, I'm pretty sure my effort resulted in its intended purpose. You are excused, however the bathrooms in here don't have stalls.. it is the jail house after all.
Wall Street + American Government = Fascism
Gotta love the Virtual World
If a person is an idiot, or comes across as an idiot, you can simply reboot yourself and start fresh!
btw wanna know what sucks about being in jail?
I'm missing my baby stocks rally.. well.. ha ha.. I'm not really "missing" it per say, but I'm stuck in here celebrating alone. I'm always satisfied when my due diligence pays off.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=36421588&txt2find=.009
Oh lord..
a few months from now this same person will be giving advice to another noob, telling him how the peanut ones don't naked short as much as the non-peanut ones and that the red ones are only for pinksheets.
Captain! You gotta lay off that booze man.. these drunk and disorderly charges are going to ruin your parole! <Clangs Cup on Bars>... Where is my one phone call!!!
Hmmm fresh meat.. ohhh you didn't just drop the soap..
I don't know of any free fundamental screeners.
lol
What kind of screener you want? Trading/news/fundamentals?
Most screeners that are worth using are not going to be free. Your broker should have a basic screener though, but it probably won't be very useful for microcaps.
Hell I made about $30K trading that scam haha. I do agree with you on tougher penalties. Give it time though, the government moves slow.. but they are moving.
There have been some significant changes made in the recent past. Many folks don't even realize it. Have you ever stopped to wonder why there are hardly any pinksheet R/M's happening lately? Remember back in the day it was almost every month a new R/M was being pumped??
Well, the SEC changed Rules 144/145, specifically Rule 144(i). It basically stated that any company that was ever previously reporting, or at any time became a "shell" must register any new business with the SEC on a Form 10 or the company would be ineligible to use rule 144. That pretty much made 80% of pinksheet shells USELESS.
So, the SEC has been taking steps.. we just haven't had a chance to see the results just yet. But, the days of pinksheet shells a plenty are gone. Each scam that does move forward is one less shell available to be used again.
Yeah liquidity sucks, no doubt about that, I'm expecting that to change however in early 2010. The CEO has told me they are planning a US road show once the company files its Form 10.
I think outside the box, a company doesn't spend money on PCAOB audits and then retain a reputable attorney (an expensive one at that) and not mean business.
I also look at their financing... all has been bank loans.
The 2006-2007 audit is a good starting point..
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=22254
It seems that way only because the companies you speak of are so heavily promoted. You must remember there are over 8,000 OTC companies. At any given time there are only maybe about a dozen or so that are the "hot" stocks.
That leaves a whole bunch of OTC companies nobody talks about and nobody knows about.
Here ya go..
I don't think a R/S will be needed.. if so it would be very small. I'm expecting $.20+ EPS in 2010, I also expect P/E ratios for Ag companies to be in the high 20's by 2010.
Transfer Agent
PacWest Transfer. LLC 337, Gay St. P.O. Box 518, Washington, USA Tel. 540-675-3129
The technology must be good, one of the largest China state owned Agriculture company's signed a JV with Sino.
http://finance.yahoo.com/news/Sino-Agro-Food-Inc-Signs-iw-179893982.html?x=0&.v=3
ABOUT SINO AGRO FOOD, INC.
Sino Agro Food, Inc. ("SIAF") (http://www.siafchina.com) is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the Peoples Republic of China. The Company intends to focus on meeting the increasing demand of China's rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of Bio-Organic Fertilizer and Stock-Feed, as well as, fisheries, dairies, and Hylocereus Undatus plantations. SIAF's products are produced to meet the high organic quality standards of the United Kingdom. SIAF is owner of a patented process; the conversion of corn stalk into high quality feed for livestock and is the "Master Licensee" for China with exclusive right to a patented Bacterial used in converting food based agriculture produce wastes into nutritional feed products that are also applicable in the manufacturing of Bio-Organic fertilizer. The Company also holds the "Master License" for China on a modern re-circulating Aquaculture Technology "A Power RAS Technology" that has the capacity to commercially grow quality table fish and seafood free from chemical and pollution in enclosed modules on land in a system designed to promote economic sustainability and viability. Currently the Company has total employment of 520 persons of which 60 are skilled and experienced management staff.
I agree with Glen, unless you are experienced, diversifying is the best way to go.
However, your friend is also correct, the largest gains tend to come from doing exhaustive DD, then settling in for the ride on one really strong stock. I'm partial to SIAF, I sorta snipped at Glen for choosing YHGG over it in a previous post haha.. but seriously, I like agriculture and I am really interested in SIAF's exclusive rights to some seriously awesome technology.. also SIAF is a start-up.. only 2-3 years old and already turning admirable profits.
I would recommend diversifying by industry, such as 1 Agriculture stock, 1 coke/metals/coal, 1 consumer/retail and 1 oil & gas.
Pretty much when it comes to profitable China micro's you could paste sticky notes all over your wall with tickers on them.. put a blind fold on and throw a dart to pick a decent stock.
I agree with you, but change can happen. We as individuals must quit relying on others to make that change however. There is nothing keeping anyone from learning how the market works. It just boils down to how much effort someone wishes to put forth.
When a person gets taken in a penny con job they have two choices, learn from it and move on.. or complain about it endlessly on Ihub.
..and they get rapped because they don't make an effort to learn about the market. They just spend their days on Ihub letting somoene else make stock picks for them.
If you lose money on a OTC stock.. it's your fault and only your fault.
Again, you obviously don't understand the dynamics involved. When I have time, maybe I will write a short article on the subject and get it posted.
As for showing you a legit pinky, I could show you several. Some even pay dividends.
Dru, if you made money, then it was a good trade and congrats! Only an amateur trader will talk about hindsight.
I hope the board is helping you with those good trades.
Actually Phil, no, only a small handful of "penny stocks" are scams. The few that are give the rest a bad name.
Now if you call aggressive dilution, toxic 504's and shady promoters scammy.. well, by law there is nothing illegal about that.
You can take this for what it is worth, I do have quite a bit of knowledge in this area. The majority of pinksheet CEO's are not the problem per say, obviously they contribute to the problem through a lack of knowledge, but they are not the sinister people in most cases.
Shell brokers, crooked 504 financiers and fast talking promoters are the problem. These CEO's most the time are in over their heads before they know it. They have been "scammed" right along with their shareholders in most cases.. but libel can be a big pain so they keep their mouths shut and deal with it.
The problem is two fold, first, most young CEO's who dream of going public end up hiring a consultant who steers them in the wrong direction. They don't understand the market so they are easy prey for the shell brokers and promoters. Second, the other problem is 95% of the people who buy penny stocks are not sophisticated investors, that gives shell brokers and promoters a never ending pool of dumb money to work from.
The problem is simply a lack of understanding the dynamics involved. Based on your comment I would imagine you don't quite understand the true problems in the OTC.
YHGG btw.. here was the previous thread on the subject
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39315111&txt2find=yhgg
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If we ever have another revolution in our country it will be the intellectuals against the religious wackos.
Mega Churches = Fascist religious nuts
hehe bud.. be careful, the propaganda machine works both ways. The right just seems to make stuff up whereas the left simply exaggerates statistics.
It works, because as a rule of thumb conservatives by their very nature are not ones to question information provided to them. The groups that put out most of this propaganda are actually right wing christian fundamentalist groups.
What scares me isn't big government.. it's mega churches.
And to think folks make fun of the Muslims bowing in unison.
Looking at the recent 10Q, I would say they would have been better off staying pink.
Yah know.. your going to think I'm nuts, but I actually think the program will help more than some are giving it credit.
First off $4B dollars is like pocket change in the grand scheme of things. You have to look at it from an investment point of view.
You have a guy with an old clunker getting 15 miles to the gallon. For the average person who puts 12,000 miles a year on their car, that is about $1,600 a year in fuel costs. That same clunker will also probably burn more oil, have more mechanical problems etc.. So it would be fair to estimate that number would double after factoring everything in. So, $3,200 would be a more accurate number.
The rebate will encourage the purchase of a new fuel efficient vehicle, cutting yearly expenses to about $900. But we have to be fair and figure there will be a $220 a month car note or so, $3,540 would be more accurate. Now that ends up being an increase of $340 a year. However, by owning a fuel efficient vehicle the owner is entitled to income tax breaks which would most likely offset the added cost.
So now.. we have a person with about the same yearly liability, but the person has a new car. Having a new car will reduce the worry the owner has over maintenance issues and reliability. It will make it easier to budget and the individual more likely to spend more due to more financial stability. Having a new car will boost the individuals self esteem which will also encourage more spending.. don't laugh but it does make a difference in peoples lives.
I imagine most you guys have no problems with car payments. Hell, I own two BMW's, one of which I'm sinking $10K into for my go go toy. http://www.m3forum.net/m3forum/showthread.php?t=275157
But there are some people that are seriously hurting. They are one alternator, or power steering pump away from being dead broke. Once the car is dead, they are really on hard straights. The money also will help the auto industry, which will in turn hire more people putting more money into peoples pockets to spend raising GDP. This program can really help some people.
Will it impact taxes? Well duh.. you can thank the last administration for allowing a housing bubble to form and waging a two front war while LOWERING taxes and handing out money like candy on nobid contracts. When one looks at all the waste.. this $4B in my mind helps more than it hurts.
I for one am willing to make a sacrifice if I have to pay more taxes so be it. But I'm smart enough to see how we got into this mess, it will take spending to get us out. Besides, I pay LESS taxes as a percentage of my income than say someone making $30K a year. My taxes are not getting raised.. they are simply becoming more balanced with what the middle class pays.
Look at it like this.. we are on a bust trade.. and we are averaging down in the hopes of saving our position.
You'll need to up list and grow revenues to attract support from new investors. Bringing in sophisticated investors at this point will be difficult at best, the market cap has little room for growth. You'll need to continue to trade about 10% of the float to maintain these prices and continue to appreciate in share price.
Volume is going to be your key indicator. As long as you have volume (liquidity) you should be fine. If it begins to subside you will begin to have problems maintaining gains.
I like the company and I like JD, but I think $.10 a share is a bit overly optimistic. Making predictions like that will usually have a more negative impact than a helpful one. To go from $5M a year to $100M a year in revenue will require expansion, and that will require significant investment.
I know I will get flamed for this.. but I think you guys have reached your short term high. $20M market cap is respectable for where the company is right now. Lets see where the company is in 1 year and then reevaluate things.
For now you are trading near fair value and your focus and CEO's should be on maintaining current interest, and try to grow organically and reinvest retained earnings.
CHRI, nope, I see no value..
Traders create liquidity, without liquidity you have a stock you can't sell. I promise you, if all traders left EXPH, it wouldn't be long before you realized just how valuable they are and asking them to come back.
Hey Blue.. that's why I invest in China and plan to learn Mandarin.
You got my number/email have him call me.. we were just talking about that today at a meeting.
China doesn't do that anymore.. but we certainly could learn a lot from China. I'm taking the Rosetta Stone Mandarin course.. and will make sure my daughter is also taught mandarin when she is old enough. All my investments are in China... hell maybe I'll move there too!
"If the 19th century belonged to Britain, and the 20th century to the United States. Then the 21st century will surely belong to China. My advice: Make sure your kids learn Chinese." Jim Rogers
That's why it is time to buy Rosetta Stone, learn Mandarin and start buying China stocks (my favorite is Agriculture SIAF and FEED)
They have been audited by a PCAOB firm and retained a very well known attorney.. all can be easily verified, check press releases.
You don't spend the big bucks on a PCAOB audit and hire a pricey attorney if your not serious.
SIAF volume activity alert!
I'm expecting follow up news and earnings soon, It looks like others do to as the volume and bid support has been seeing activity recently after having a dead bid and interest for a few weeks. The stock has seen relatively little of a sell off. I believe it will break beyond $.76 this time around.
Recap..
Audited $.84 Book and $.06 EPS for 2007 operations, 2008 is in the process of being restated. Older numbers on pinksheets should be close according to CEO.
Good Will write offs contributed to a $.12 EPS loss which should not be an issue in 2009. I'm also expecting to see some good growth as the company is emerging from start-up operations and moving into production/expansion.
Always remember, the other side of the scale is Fascism.
If a liberal is socialist, then that must make a religious republican conservative fascist.
http://www.oldamericancentury.org/14pts.htm
I got to meet Virginia Foxx at the EXPH shareholder meeting. I almost spit my coke up when she was telling everyone how the price of oil was declining because Bush lifted the moratorium on oil drilling.
The price of oil was dropping because the government stated it would be looking into manipulative trading practices.. and it spooked everyone out!
I wasn't impressed.. but hey.. she could probably sell a used car to an idiot.
Haha, I lived in Germany for 2 years.. I can say they by far have more freedom, if you can look over the bar you can buy a beer. Porn is displayed for all to see at the check out counter. You can drive as fast as you like on the freeway (Autobahn). Smoking pot won't land you in jail. The red light district has plenty of cheap whores and drugs.
It is simply that other countries have a better education system. We have a stupid population.
Oh I'd say this person hasn't gotten out much lol..
I don't disagree with you.. but your not going to see that happen until Americans as a whole start electing intellectuals, not on moral or religious grounds, or who has the most money to spend on cool looking commercials.
We've become a society of morons and incompetents. The last great achievement we had as a nation was landing on the moon?? What the hell? Now we are known for exporting stupid reality shows and fast food.
Arguing anything is really pointless, we have become a debtor nation full of folks who want it all, right now, with no sacrifice.. it's over.. folks just don't want to admit it. Asia is now the emerging power. History has proven, creditor nations emerge while debtor nations fail or end up like Europe.
We let the super far right religious nuts run the country and turn it into a fascist nation where the super rich sucked our nations riches and killed the middle class in the name of Corporate profits.