Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Canada is the only place that allows you to short this kind of stock. Last time I checked there were 19,000 shares shorted. No big deal. The problem here isnt necessarily the sellers but there is just no buy interest. I think Gene is slow to move but I know that we should have about 25-30 Million shares that have to be bought back on 504 scam that occured. The real future here is to get busy with the Trimark development. Soon as that is funded, we should rock and roll.
Good post...thanks bro
Anyone selling right here will really regret it if/when we get the issues settled on teh 504. I believe that will be in January. That will put tremendous upside pressure on the stock and will be a good play. Dont sell here if anything buy all you can sub .01. That opportunity is dwindling I believe. 2007 was ugly and dissappointing for all of us, but I believe if the company will do the simple things right, confidence will build and we can all make some money. This has not been fun for sure.
Who is XKO
I dont think where it is trading has anything to do with uplisting. I think it is just a mgt decision to apply. They are keeping it close to the vest. Perhaps they are getting all the cheap shares they can here at year end with all that cash they have.
60 days max and company information has revealed that they have not even filed an application yet.
One other thought....if my numbers are correct and I believe they are, company has doubled in profits and revenue over the past year, and the stock is down 60% from the summer high and down 25% from the price this time last year. I say the company is doing well but the stock is sick or manipulated......or perhaps both.
This stock will never reach its real value on this hocky OB exchange. The MM manipulates the stock up down and all around for his and his only financial benefit. When a company reaches legitimacy, it has got to get off this exchange. I just dont know or I cant understand why this company does not go crazy to get on NASDAQ. I dont really understand the culture of China though and maybe someone can shed some light on how they do things. Seems no need to rush.
good luck on that one
A novel idea with some possibilities. We shall see
This thing is one announcement short of an upside explosion
Hey Source,,,,you are right. But the big dogs aint gonna hunt until we get some issues resolved. I believe that is coming shortly though with what I have been able to gather. We should have a complete resolution in 2-3 weeks on 504. I petition mgt to change the identity of the company toward Trimark. That is the future here. If that ever gets off the ground we have a real winner....but until the dogs will not hunt.
Looks like the tax loss sellers will keep going to the last bloody minute of 07. Big buyers picking them up as long as they keep coming. Sentiment will change shortly and we will rock to 5-5.50 range quickly I believe. Then all the sellers will kick their own arse.
Absolutely I agree 100%
I guess i wagged it but none the less revenues are up overall 100+% Y-O-Y
They had decreasing revenue sequentially but they are up 100% year over year. Give me a break.
I have more than twice that bro. I am a bigger sucker than you are.
Concur here bro...however if it makes you feel any better, the technicals show a break out to the upside on CMF. This has been a rolley coaster ride better than anything that Six Flags has to offer and now flatter than Texas. Company got to get something going. Hype dont sell very well....as evidenced here. Seems that nothing ever gets handled in this company. Lots of hand ringing. It is put up or shut up time or the current price will look rich...imagine that.
Hey Pink, still squeezing on those baby doll hooters? Man that tears me up...you gonna have to take that off.
Anyway, I have been traveling but I just cant believe this price action on this stock. All I can say is load the boat. I think it is tax loss selling. broker friend said the tl selling had been brutal for about a week and sees it letting up in a day or so. I have seen it do this many times before and could kick my own a$$ for not loading up then. Will not happen this time. When it turns it will be like a rocket. This is grossly undervalued. First sign of an acquisition....this thing will bust 10. I think investing public will pay up for a china stock as a growth stock but are much more reluctant if it is percieved as a value stock. Some simlance of that here. Stay tuned...take a pain pill.
Sick dog here boys and girls
Bro you better sober up, before you loose all yo money. Qualudes are good I'm sure but when you sober up, you will be broke.
Been drankin bro?
So this stuff is in the past. Already done? Looks like we have filled the gap to 3 and we ought to up big time from here.
Does anyone know where you go to find 144 restricted shares that are now unrestricted and now in the float. i am told that 1,700,000 have now become unrestricted. This may explain selling pressure.
Yes I agree, but what are we all missing. That is the uncertainty factor that just has to play out. May take a day or a month.
Man this is ugly. Why doesnt this company learn to communicate witht the public? Uncertainty is worse than bad news. THis has the potential to drive us to $2.
Did anyone see where Todd M resigned from Board? Maybe this explains why stock has been weak.
Hey and one other thing, I like your little woman on your posts. Wonder if that is a knocker job?
I will have to say I am quite perplexed about this stock. This is a classic where the stock appears sick while the company is thriving. All I can think of is the technicals are weak and we have a buyers strike. I watch level II and there are no buyers across the ask. And alot for sale. This is the type investor base where people buy because everyone else is buying and vice versa. All I can say is revenues are growing 190% this year, earings have quadrippled, CEO is buying and thinks it is a good deal, next year is all things China, NASDAQ listing coming, P/E of about 6 right now, peers at 20....what else need i say.
I think you have to be patient and not watch it. Remember the MM has to keep it moving up and down to make money and any OB stock is ripe for manipulation. CHCG is no exception.
It really takes some cahunas to make money on a BB stock. It is traded ineffeciently and is ripe for manipulation. Tax loss selling seems to be the order of the day. I suspect the CEO will start buying more soon. If he thought it was a great deal at $4 you know he will love it here.
Likewise I got it first when it tanked to 2.80. Bought all the way up to 4.75 and back down to here. I guess I need to quit buying. I have enough. I have been on and off of this for a long time. I cant believe we are 20% below where we were this time last year and we have quadrippled the earnings. Like I said Strong Company but weak stock. They need to get busy and file for Nasdaq so they will have more exposure and can get more fair value for the stock. I dont know what they are waiting on.
I am with you bro. I have a ton of this
I believe MM working this over because right now this is thinly traded. Someone said next year will be "All things China" because of Olympics. I agree. This is a weak stock but a strong company. Stock will turn with a vengence shortly.
I guess as long as weak hands sell, the CEO will be buying. THis is a gimme to 6. This company making big money.
Hey bro, if we did, we would not be invested here
Lets hope
My stochastics say it will go to 3
I can appreciate that....but please understand the stock is priced where we are not where we might go or should go or with a vision of what is possible. I really think that what we need is some clarity on where we are. I am a sucker because I really think that this stock is worthless and I own a ton of it at 1.9 cents.....because that is where we really are. If by chance we go places here, the stock will reflect it. IMO
Well G Corp I guess you and Gene are the only ones aware of the business plan, Why are yall keeping it so close to the vest...Please share it.
I might also add that the public doesnt like nor has every liked a company with ambiguous management. The Wang guy files that he has disposed of 9300000 shares. Then he comes back and refiles that this is a mistake, then they build that expectation that they have filed for nasdaq listing and now we learn they havent even filed. All these mixed signals point to less than credible numbers or uncertainty that translates into sell, sell, sell.