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Houston.. negative. on that last message... could be a rough landing ;)
Houston...Looks like we have support.
Getting more Airtime. I'm on a few other non-ihub non YMB trading boards and have seen a couple of people bringing up ShengaTech today ( Unsolicited by me! ).
Good price point for an entry here.
Good Luck All.
C'mon beatch.. bounce. ;)
after 2 days of sliding... due for a bump tomorrow.
glad I sold at .85 and was able to double down... down here.
Now. Let's see some Green!
re: dont think people understand what this stock is offering.
If Like EVERY Chinese company who have not passed Audit/forensic audit in 2011. then that would be Fradulent reporting, documents and bogus "local" bank statements. ;)
Do we all realise that not 1 accused fraud has produced a clean audit in China for 2011... as of yet of course.
Having said that... I've got an open order if this drops below .5150 again.... call me crazy.
Funny thing is....... I can't think of, nor have heard of one Chinese company passing an audit this year... or even completing one for that matter. And this goes back 6 months of HALTed and then UnHALTed stocks. You hear about forensice audits, audits, appointments etc.. but no results therein.
I'm sure a couple will come out clean, right? or are they all dirty...
Disclosure: I'm about to pull the trigger on picking up a fair amount of SDTH. just trying to decide on a price ;)
it's at .5150 now... California penal code??? comes to mind
Yep, that's what it looks like. also looks like many have moved on.
I got lucky with a .60 - .85 trade... but know not sure.
What's to keep it from sliding back towards.35 or lower?
So many chinese companies like this now. I can't see what is supporting their valuations considering almost all of them have gone Dark.
time will tell and for now it's holding in the .50s
..,,,
?SDTH is going to recover from here and Why?
I'm scanning articles online and can't find much information in support of this company.
Can someone shed some light on any solid DD that indicates this is undervalued at .50?
Or is this just a complete gamble, and potentially just another in a long line POS China fraud cases??
Naw. the pumpers who were shouting about this not being a pinky... have all moved on.
High Risk, High Reward stock to be playing with right now....
Now. What's the next Catalyst for this POS? I personally want to get back in, but trying to figure out the pontential here.
What is next catalyst?
Should go up from here.....
merely for the fact I sold EOD yesterday.
I never seem to be just that little more 'greedy' to hang on for the real profits.
sure this will be just like all the other times . lol
can the previous years numbers be relied upon?
I've DD'd a couple of China smallcap positions where banks have been complicit in fraudulent reporting to auditors.
What am I missing that makes SDTH different?
disclosure: chanced upon SDTH for a positive trade... now trying to figure out if it's an investment and why + risks
re:
The 3rd 10Q was the last one filed, I'm assuming that is why they were delisted from the NASDAQ along with not providing a 10K for 2010. So, who here thinks that this company is EXTREMELY undervalued???? If the company continued it's path upward, the company is worth about $320,000,000 right now. SDTH will rebound, with these numbers it's hard to bet against that... Hope these 2 posts have cleared some things up and it helped me understand the value of of SDTH.
So... What gives?
I started following this Stock/board and all I hear about is all the upward potential; i.e. a little rocketship ready to take off.
starting to wonder - where is the balanced view?
What is the next catalyst, Deadline, Milestone?
leading to multi-bagger potential vs. epic fail?
...or is this now just a trading stock / pumpers paradise?
Could be your Perfect Storm.? Good luck guys!
back in @ .77 and .73... GLTA
CCME Defenders- Funny or just Sad.
Personally I think it's funny in a sad kind of way.
(*not for a second that so many have lost soo much )
But for all of those that have become so emotionally tied to this stock as to defend it to their dying breath.... I ask...
What is up with that???
With so many good companies out there who are deserving of safeguarding and giving a return on your hard earned money.
Why, on earth would you be interested after all this crap?
Fridays development just takes it one step closer to being worthless... In my humble opinion.
And 100% rules out interest in CCME... other than on a scalp trade if it "ever" relists.
I put that at a 15% chance... or is that being a little harsh?
How to Move your Shares:
I hope this is helpful and not seen as anything other than.
1. Call your brokerage and ask if you have the ability to request a DTC Transfer of your CCME.PK shares to another account. ( the answer should be Yes. Make sure you speak to Manager and not a Broker, if they claim ingorance )
2. Set up a new account with a brokerage who will allow you to Buy and Sell CCME.PK stock.
3. Request that your Brokerage with your Current CCME shares to DTC Transfer your Shares across to the New Brokerage Account. This will cost $50.
This whole process will take 48 hours once you have the other account set up.
GLTA
corrected.... re: floridana... by my corrupt standards that was holding my tongue.
Good Luck To All.
an announcement of compliance by CCME will turn this into a mini-rocket ship.
I loathe mafia kingpin $30M+ in the bank Cheng, with a strong passion... but wish nothing but good fortune to you guys.
My Brokerage is with DTCC... does that mean people are LOCKED-IN?
I imaginge still possible to DTC the Shares over to an account that allows trading?
not to be funny... but reading the last couple pages of posts... getting the impression Sun is going to start shining out of Shend' da Tech's rectum any time now...
personally, I like playing a stock like this and picking next entry.. Sure hope I don't miss SunRise ;)
...the question is.. where have all the bagholders gone to? figure there would be a couple jaded souls lingering on this board, spraffing unmentionables?
don't have access to L2... don't ask.
what are you seeing?
delete. mindless post
Disclaimer not out of the ordinary.
To Say: I loathe CCME more than most and if it weren't for the fact many good people are currenly in it... want nothing more than to see this crash to opposite of infinity and beyond. would be an understatement lol.
BUT. I've been advised legally to put a similar disclaimer on my company website and have seen it on many others.
Alhtough not rampant and on every website. it's the modern thing to do and common with Consultancy, Supplier type, or companies offerring advice/services..
I'm sure all the legal advice they've been getting lately is just going through process of dotting and "i"'s / crossing a "t"'s, here
So although I'm looking for a smoking gun on CCME, darn, not this time ;)
Good luck to you guys
well.. when your little stock gets to
.10 possibly .11
and that's an obvious and questionable 'IF & When' ... i'm looking to buy a significant number of shares...
For your guys peace of mind, hope my trading plan doesn't execute!!
not to mention for the fact you probably won't want me piping in with 2 cents...once I'm an investor. Or should I say gambler ;)
GLTA
delete. duplicate
Sh*t Happens.
I've complained to my broker about this... out of their hands...
RE: lmao i had a stop loss at .91 ( my original position) and somehow it all sold at .965. Can someone explain?
Rather than just buy into a stock because you "think" it looks great.. and "sounds" like a sure winner...
..might actually want to do some serious DD into financial state of the company and as such FCSC's next likely PR release to realise why we are seeing that action we are seeing.
ever wonder why no Conference Call yet?? I mean, they just got approval... didn't they?
*I bought in blindly, initially, "on hope" and Greed... and then quickly found the underlying worries...
OH Dear... time to panic and sell.
only to look at $1.40+ at the end of the day... and say to yourself, Yet Once Again... "why can't I ever get these things right?? Why do I make the wrong decisions.. over and over... and over and over again"
obviously.. JMO
sunzutrade...what are you doing setting up another CCME board??? just get the mods to change it from NO^CCME..!
don't be silly ;)
Is this what "good" looks like?
or at least is supposed to look like on these plays?
taxi... how are we supposed to take your posts seriously when all we see are hot chics when we open them?? very distracting.
that's a bit greedy... I was thinking $1.07
50% gain.... undoubtably... but from where is the big worry..
re: Patience is virtue
amen to that MNYC...