The Mine That Bird of OTC traders.. also the greatest trader you've never heard of.
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Maybe that was it, a handbrake turn in the opposite direction of all the issues he mentioned, though I hope that's not their stock chart! lol
Their English side needs a little work, but it's sort of endearing, like that Gung Ho movie right now I suppose.
Re: JPCI, Ok so maybe he sounds a bit quirky and a little eccentric, but lots of quirky eccentric people have been very successful, besides, anyone who says: "In the name of our Lord Jesus Christ , I declare all the problems like disputes , troubles, diseases,curses and chaos have to brake away from us today." sounds like someone whose ready to kick some serious @$$ on a global scale! lol
Investing is absolutely a learning experience each and every day. I only wish I knew back in 2004 what I know today, and if this does bring me back to where I hope to be, I will not make the same mistakes again.
That said, there are probably many other investing mistakes to avoid and stock lessons to learn even with the experience I've gained so far. It's not easy, but that will only make us appreciate and enjoy any good fortune we have even more in the future.
Your smart getting involved in investing now, and lucky if this merger is as good as it appears. That's the way to do it I think, if China is going to become the new Superpower might as well ride their wave of prosperity. Not like we (US & China) should have to be adversaries either, they need us to prosper & buy their products as much as we'll need them. Wish more people would learn about investing and the potential independence it can bring to offset some of what's happening in the US, rather then looking to politicians who are full of crap for answers.
They don't use the plants, like rent them out or anything either, basically it is a coalition of many factories throughout China, Korea, and Taiwan, and our company, with the established sales network, is the prime contractor for those factories.
Think about it, the Big Three and other major firms aren't going to want to have to deal or place orders with dozens of individual factories on a one by one basis, that's why Componus as the prime contractor for a large number of these factories, is in a great position and can take a prime cut from every deal. It is a great position to be in in my opinion. The Auto Salon, the second half of their business really compliments the Asia Forging supply business as well I think.
It's fine if this gets a large following someday, maybe during or even after any big move has hopefully taken place, but one of the reasons I felt so good about this stock before even the first news of the merger arrived, was because no one was here.
With shells, if I see a board with a large number of board marks and a ton of people posting I avoid it like the plague. I don't think there has never been a shell stock merger that has taken off, where a large number of people knew about, or followed it in advance.
Those Canouses, they're everywhere! lol I confused your "Canouse folks" reference with this previous post: http://investorshub.advfn.com/boards/read_msg.asp?message_id=28095763
Another poster here mentioned that he was surprised the Canouse people were already at JPCI, I thought he was confused about the merger, now I think he may have mixed up Canouse and Componus.
I feel good about the stock itself, jus not sure about the 23rd being the date the big 8k. We'll find out soon enough lol
Haven't seen any news today? If you mean the speculation about the 23rd, would be great but I don't trust stock message board posts that mention dates too much. I could be wrong though. lol
Absolutely, this place had only two people when the first 8k was released.
Hopefully lol
Wow, then I'm well on my way to success! haha
Not that it wouldn't be great if we actually do get another 8k today. lol
Canouse is the name of an individual, John Canouse.
Take everything you read on a message board, especially related to stuff like dates, with a grain of salt.
It's even riskier as more time goes by, as that means it's likely closer to the actual split / merger and whatever else comes with that.
If I am right about the short from late last month being back and having to cover soon, I hope he chases it into the .40's this time around, .34 is getting boring. lol
It's easily passed that on the last couple of moves, why wouldn't it again?
That post would be a good speech for that Baghdad Bob guy.
I use the slow poke regular online trading. Most of my otcbb's trade fine, only one I had an issue with was CMHS.ob, decided not to buy it anyway.
The proof of the short is right in the short data on pinksheets.com. Someone did indeed short the stock when it was at .34cents, went down to .15, then went right back up into the .30's when they had to cover.
Last week, when it again reached .34, virtually the same type of trading started as the previous week. I wasn't even the first one here who mentioned the stock being shorted, check the previous posts, but then when the data was released it was pretty clear they were right. So I guess we'll see if the drop last week was again the same short when the next round of short interest data becomes available.
Ah your talking about trader platforms, I forget I'm speaking to pros here. lol
Maybe not the week, but could be better then last week, as the short or shorts will have to cover again soon I'd imagine. We are one month into this though so anything is possible.
No way, they are too large and make too much money on those trades to do that. Larger online discount brokers limit some pink sheet and otcbb stocks, but usually it's temporary, and they still allow at least 70% of them to be traded online at any given time.
They would lose a lot of customers if they did that as well.
Interesting article today on yahoo finance:
http://biz.yahoo.com/ap/080420/china_auto_show.html
This would be pretty good for this stock post merger I imagine, never even considered any potential deals with the big three could relate to their vehicles in China itself.
Can't wait for the merger and additional 8k's on this.
Well they are relatively new, the important thing isn't how many cars right now, it's whose cars are parked outside the building. :p
No way of knowing until it happens. I will say a lot can change in two years. When those projections were made, Cliff Nakayama was apparently in the midst of turning Asia Forging around, the Chinese boom wasn't as far along as it is now, and the DIAS was only a vision, and look what they have now.
There are stocks with similar o/s like ckxe with 200 million revenue, that have traded with a 900 million or higher market cap, BMRN, 100 million revenue but biotech hype has it with a 3 billion market cap. On the other side, some stocks trade with a market cap right at, or less then their revenue. Maybe those discrepancies reflect growth rates or whatever, but you really can't tell until whatever is meant to be actually happens. lol I am personally hoping their earnings are higher then what they were predicting two years ago, and their growth forecasts get into the 300 to 500 million range by 2010, if that were the situation that could really be a game changer and bring this to where we all want it to go. But that is only my hope, and we won't know anything until this merger happens and the additional 8k's and future news is released.
I'm ready for this merger too! lol
I like your confidence in this, hopefully we'll get lucky. Has a snazzy name to, so would be cool to see it rise again. lol
I haven't been here all night either, checked in before I go to sleep LOL. Goodnight.
I'll bet either of us could do better with no sway, then some of the results we've seen from other pink sheet shells lately! LOL
Make sure they are to a really good private company with revenue and assets! Heck go find a company and the graphics, then contact Meuse and let him no you've taken care of the whole merger thing already! lol
Oh & make sure it involves no reverse split and goes to at least $3.00 too after any merger! Thanks in advance! lol
You better be ready then with snazzy graphics and images and everything, the JPCI mods have set the mark high! LOL
Yup, but there is a short or shorts who have come in it in the past couple of weeks. They seem to hit it at .34, bring it down, then it rebounds when they have to cover. You should check out the board and details of the merger.
I actually can't believe the JPCI board has passed AZTC, if you think this place is quiet you should have seen that board before March 21st! LOL
I'm sorry, I'm a bit thrown off as usually there are only two people here for the most part, with a couple of other recognized stragglers once and a while. LOL
From what I can see, JPCI is the type of merger (a real company, small reverse split, etc) one would hope AZTC would someday have, and I own both of them so I mentioned JPCI as a example of what one would hope for in this shell, vs. some other not so great pink sheet mergers we've seen recently. That's about it I guess, and only an opinion.
Yhea, but keep in mind that $25,000 legal fee reimbersement basically means JPCI's owners are practically giving them the shell, which means Canouse & Co. must feel pretty good about whatever Componus has shown them.
I am not really worried about when the exact date of the merger happens, hopefully though the merger will be accompanied by unexpected good news, and an overall stock market that is on a continuing upward trend.
LOL Wow, I am hoping JPCI comes through so I can expand a bit here, and get a few of my old pre disaster favorites back, along with some new OTCBB reporting shells as well.
The more I learn about the JPCI merger the better I am feeling about things, but it will take patience.
Wow, you must have a crapload of shares LOL. For me .46 cents here is roughly = to a 6 dollar move in JPCI.
For a 100% recovery of 2004 stock disaster losses I need:
JPCI 2.00 pre merger / 4.00 post split & merger or
AZTC .29 cents
For a 100% recovery of pure losses & short term gains before 2004 I need:
JPCI 3.00 pre merger / 6.00 post split merger or
AZTC .46 cents
For me to have dream come true / complete independence / retire status:
JPCI $23 pre split & merger / $46 post split merger
AZTC $2 to $5
or Powerball 200,000 with powerplay or grand prize LOL
Monday will be the one month mark since the merger announcement.
Much better to be one month in then one day into the process! lol
Wouldn't it be nice
To wake up one morning and find this at like .46 cents for no reason. lol Hey it wouldn't be the first one of these its happened to. lol An unexpected huge move for a reason would be great as well. lol