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On the other hand, news after close today would make for one heck of a weekend!
Buys vs Sells: 471,448 to 222,278, on low volume, up over 6% and the last trading day of the month. Power hour today will interesting to say the least!
When they're all "black" on L2, does that mean sideways trades? Is this MM accumulation?
Something sure seems to be up. Nice uptick in volume today!
It works for me when I click on the broken image icons.
My thoughts too. All in alignment with the plan to uplist down the road.
May be completely unrelated, but this company seems to operate rather holistically so can't help but to wonder if the TV game show isn't somehow connected to this business segment from this article:
(4) culture: to create a large cultural industry, mainly to film and television drama, combined with commercial implantation, derivatives development, cultural and artistic transactions, webcast and security, sports, network red and other business, constitute the cultural industry closed-loop ecology system.
I just like watching it turn green at the end of the day ;)
sure is a lot of buying happening all of a sudden
Another possibility is that the news / fins / symbol change could still happen any day and Richard is simply wanting to not give us dates to focus on as did the PR. This is how I read it anyway.
Does this mean that we will see some major shake downs over the next few days too? Or would they not risk it at this point?
This is likely why the options for employees to buy shares at $0.10 expires in July, correct? With vehicles hitting mass market, wondering what the share price will be then? Man, we're talking about 3 months from now. Crazy fun days ahead.
If this was just an ihub play, maybe. But if there's outside money and interest, all bets are off.
Seems like a fair point to be sure. What intrigues me is that volume. From my estimation, $856,950.00 have been traded here over the last 10 trading sessions. That's a lot for a stocking trading at the bottom of the trips.
Time will tell.
As the PR states, "the Company will reflect the new business combination by changing its name to JB&ZJMY Holding Company, Inc. and seeking a new symbol". So we have Jin Bo + Zhong Ji Ming Yang.
My question is this - what is intended to go into this holding company? So far, what we know the most about is the ZJMY, which is the New Energy Technology Co., Ltd. That alone is huge, imo.
We see from this article from March that Jin Bo has 9 business segments. Here's my over simplification and edited version of these segments (probably missing all sorts of stuff in translation):
Nine business segments:
(1) New Business Alliance (new e-commerce platform)
(2) Mobile payment
(3) New mobile intelligent terminal
(4) A large cultural industry, mainly to film and television drama
(5) The development of vegetarian industry and vegetarian culture, the development of real pollution-free, green, organic products, the development of "national brand Hamburg", research and development of effective health, health products and services.
(6) Big data - data research and development centers
(7) The establishment of private equity funds, raised funds, to carry out financial leasing, investment guarantees, insurance, financial management, hatching and other business
(8) Large agriculture - the development of social agriculture, development, and rural stability.
(9) New energy: "(1) battery, (2) motor, (3)electronic control and (4) rapid replacement" four areas to achieve a breakthrough technology, creating a third generation of electric vehicles precedent
Don't get me wrong. Even if DOLV is the New Energy segment only, that's huge. But is it possible or probably that other elements from Jin Bo are coming under the JB&ZJMY umbrella?
Btw, some other of my favorite snippets from that article are:
Won more than ten national patent technology. High-speed car battery does not heat, life mileage easily break 500 km, battery replacement can be completed in 1.5 minutes.
2017 is Jinbo Group's rapid development of the year, the national market blossom everywhere, overseas markets in the ascendant.
It's an age old problem in many ways, but interesting to it played out here... reminds me of this: Plato’s Cave – Why Some People Want To Remain Prisoners
"...some choose to return to what they are comfortable with – the cave as a prisoner.
Some, though, will continue to open their eyes even if it causes them pain and eventually be able to look directly at the sun. They will have seen life for what it is. They will want to help those still held prisoner.
All too often, the prisoners will fight against any help."
The number of people in my ignore list is growing almost as fast as my DOLV holdings!
Watching this stock hold up at these levels without news or fins is actually incredibly encouraging to me for my longer terms goals.
I see this as a signal that the company is focusing on delivering long term results vs soothing short terms worries.
I was thinking the same thing that we may close green. We've had plenty of days trading green all day just to have it flip in the last few minutes if not seconds. Today could be just the opposite.
Whenever I get nervous, I just start searching using Chinese search engines like https://www.sogou.com or http://www.baidu.com. You can easily get Chinese versions of the company name by using the Chinese version of the website and English version side by side.
Add to this Chrome and google translate and there you go. Punch some things in and starting using google translate to see what comes up.
Of course, I'd say almost everything is already offered up here as DD, and often more organized and sometimes even better translated here.
But it can help to go see it for yourself.
THIS IS REAL.
I've heard some say that the year itself is not a hard requirement.
Also, there's a section called "Moving up to a Listed Market: Additional Listing Standards for NASDAQ, NYSE, AMEX, and NYSE Markets" in the book coauthored by Richard Oravec. It lists a number of quantitative *and* qualitative requirements for uplisting.
This company has a plan and is executing according to that plan, imo.
Thank you! This is awesome.
I came across a rather lengthy job post today for the JinBo Investment Holding Group (may have already been shared in the DD here) and something you said reminded me of something from that post:
Jinbo Group Development Strategy Planning: three stages, three steps. The first stage: the basic year, playing the foundation, time 10 years, has been completed for the development of the company laid a solid foundation; The third stage: take off years, on the scale, time 3 years, the future planning, build a listing of the market, the laying of millions of end users; Company cluster, the capital operation.
Thanks for sharing this. I guess it's not really a "delay". They'll just be out when they're out. And since they're being audited, sounds like they'll be well worth the wait!
How many 100 trades in the last 15 minutes? 5?
Awesome. Maybe they were updating something with the first one.
Ah, sorry if I misinterpreted things. Who knows why the one site is down and the other is up. Sure doesn't help things when the price is dropping though... I was just trying to help others get to a working site because it's not linked in the page higher up.
http://www.zjmy888.com/ works fine. There were always two sites, same content. Don't see anything here to raise any alarms.
http://www.zjmy888.com is working fine by the way.
Would be pretty awesome if a new website comes online when they release their next PR. Plus, who knows when the new ticker symbol will be announced.
This is why power hour today might be a blast to watch!
Yep. The last PR dropped at 8:30 PM exactly two weeks ago, and in it, they stated:
The Company intends to file consolidated financial statements reflecting the acquisition during the next two weeks.
Ha, my thoughts exactly. However, I suspect my buy is sitting in the ETRF bucket on L2. Have 53 million 1's to clear first.
Seriously though, this thing could blast up to 4's or 5's with news in no time. Worth the wait, imo.
I've picked up some today but from the looks of the volume, I am not alone :)
As much as I don't like seeing red, I would love to scoop up more at these prices from the impatient ones! Not sure how far down in the bid queue I am though. Didn't get any of those 26 mil.
That's news for the "other NOHO".
I couldn't agree more. Solid DD trumps cards and magic eight balls any day. No sense in rolling the dice with hard earned money with solid research and info wins the day here.
Don't tempt me man, or I'll pull out the Tarot cards next!
Hah! Never! No going back now.
Right on. By my count, I'm seeing $5,196,352 traded the last 3 days (looking at ddamanda charts). Do I have that right? Wow.
RO in this case stands for Richard Oravec, the IR, or Investor Relations person for DOLV.