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All of us on Brad's list got the news release.
Good news but not great.
I am still looking for the additional hospitals that have signed with FCPG as exclusive processor and supplier of drugs.
I should not be worried because the next news release will deal with that subject.
However,we are already 20 days into new quarter and that means one third (1/3) of 60 days. Based on what FCPG achieved during the previous 60 days, it is expected that in order to equal that achievemnt their next news release has to provide at least the names of 5 new hospitals.THIS PART WORRIES ME. WILL THEY BE ABLE TO MATCH PREVIOUS ACHIEVEMENTS ON A REGULAR BASIS. Have they signed 5 new hospitals!
I found the answer to my inquiry about the refiling of Form 8-K/A.
Evidently the SEC found some information on that form that needed to be clarified and they sent a letter to FCPG requesting the missing information. FCPG filed the entire 8-K/A and corrected/replaced just the information requested by the SEC without altering the rest of th form.
I did not compare this form to the previous one but I believe the main issue involves the 15 million shares that Mr. Wang holds and the process by which he can dispose of them, if ever wants to do that.
I am still hoping we get the news release either tomorrow or Friday.
This stock deserves to go higher at a faster speed that it's showing right now!!!
Hounddogmanct, do you undertstand and can you explain the reason for FCPG amended filing of another 8-K with the SEC that took place today January 19:
http://biz.yahoo.com/e/110119/fcpg.ob8-k_a.html
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001432254&owner=exclude&count=40
8-K/A Documents [Amend]Current report, items 2.01, 3.02, 5.02, 5.06, and 9.01
Acc-no: 0001144204-11-002867 (34 Act) Size: 3 MB 2011-01-19 000-54076
11536012
They had already filed an amended 8-K on December 6.
What is going happen tomorrow?
Here are 2 emails (combined into one)which I sent to Mr. Wang by way of Brad Long.
SENT JANUARY 19
MR. WANG, I FORGOT TO MENTION THAT IN ORDER TO ACHIEVE THE BEST RESULTS IN SIGNING NEW HOSPITALS IT IS VERY IMPORTANT THAT YOU PERSONALLY SHOULD BE THE ONE TO CONCLUDE THE DEALS BY MEETING WITH THE PERSON(S) IN CHARGE FROM THE HOSPITAL. YOUR EXPERIENCE, YOUR KNOWLEDGE AND YOUR PERSONALITY CAN BE VERY INFLUENTIAL IN CONVINCING THE REPRESENTATIVES FROM THE HOSPITAL TO CONCLUDE THE DEAL WITH YOUR COMPANY.
THIS IS THE TIME WHEN YOU MUST ASK YOUR ASSOCIATES TO DRIVE YOU (OR FLY) TO EACH LOCATION AND WORK HARD TO CONCLUDE EACH DEAL.
REMEMBER THAT AMONG SOME OF THE POSSIBLE SITUATIONS THAT COULD ARISE (AS MENTIONED IN YOUR SEC FILINGS), THE YUNAN REGION GOVERNMENT COULD GRANT NEW LICENCES AND INCREASE THE NUMBER OF AUTHORIZED COMPANIES DOING BUSINESS WITH HOSPITALS WHICH WOULD CREATE MORE COMPETITION FOR FCPG. THEREFORE IT IS VERY CRUCIAL TO ACT AS FAST AS POSSIBLE NOW EVEN IF YOU HAVE TO INCUR ADDITIONAL EXPENSES TO HIRE NEW STAFF TO HELP YOU CONCLUDE NEW DEALS.
THIS IS THE APPROPRIATE TIME TO ISSUE AN IMMEDIATE NEWS RELEASE TO PROVIDE UPWARD MOMENTUM TO FCPG STOCK.
THANK YOU (SEE BELOW)
WASHINGTON (Reuters) - The United States and China reached agreement on export deals worth $45 billion, a senior U.S. official said on Wednesday at the formal start of Chinese President Hu Jintao's state visit.
SENT JANUARY 18
Please do not disappoint the American investors who are relying on you to keep up the momentum of providing us with regularly spaced News Releases which outline the number of new hospitals that have joined your company's list of clients. According to your previous news releases you were able sign in 17 new hospitals in 60 days. Your next News Release is overdue, please issue one before this week ends.
IT IS IMPORTANT THAT YOU CONTINUE YOUR PROGRESSIVE AND AGGRESSIVE MOVE INTO THIS PATTERN AND CONTINUE ADDING NEW CLIENTS IN LARGER NUMBERS SO THAT AT THE END OF THE NEXT 60 DAYS YOU WILL HAVE ADDED 30 NEW NAMES TO THE LIST. PLEASE HAVE YOUR RECRUTERS WORK HARD TO ACHIEVE THIS GOAL.
I AM READY FOR TOMORROW, JANUARY 18, 2011.
I CERTAINLY HOPE THAT MR. WANG ISSUES THE NEWS RELEASE EARLY SO THAT WE CAN HAVE AN EXCITING AND BUSY DAY.
FIVE NEW HOSPITALS SIGNED IN(SOUNDS LIKE INSIDE INFORMATION)!!!!
WOW!!!!!!MAYBE THE COCO INVESTOR WILL RETURN AND JOIN OUR RANKS. WE NOW HAVE ABOUT 21 PEOPLE ON THIS BOARD.
MiltonTonic you make a good point in in telling us that what the TSA was looking for was not what IDOI could have provided. It's interesting how this agency felt so confident that a dozen companies were going to file an application that they only provided 30 days for filing from Jan.26 to Feb.26, 2009--they did not want every cat and dog to file applications to get a contract.
I must assume that in January 2009 IDOI had just completed the early model of the MAG and probably was not enven qualified to apply (nor was CEIA).
I have a feeling that things have changed since then. Look how hard IDOI must have worked to move from one model to the next and finally around last November (2010) they even had to modify the height of the two sides of the MAG to accommodate the European Union requirements.
I have a feeling that the process of moving as fast as possible to achieve the last MAG model must have cost time and money so that the new technology could be incorporated in the new model.
If you don't think that it costs money to move from one level to next high tech standard model then you should think twice before you assume that the money to pay for the new technology was just created in IDOI printing presses. Some of those investors who had advanced money must have advanced more money in exchange of stocks rather than give up and lose everything (what would you have done?).
Now, that we know that IDOI is trying very hard to succeed we must speculate on one thing only:
WILL IT BE CEIA THE FIRST TO PRODUCE A MACHINE THAT DETECTS EXPLOSIVES OR WILL IT BE IDOI? One of these two will succeed unless there is some other company on horizon; let's hope it's IDOI who wins the race.
THIS IS IS ONE THE MOST IMPORTANT PIECE OF NEWS FOR YOU TO TALK ABOUT INSTEAD OF LINGERING ON PERSONAL ISSUES AND NUMBER OF SHARES OUTSTANDING.
http://www.ceia.net/?gclid=CPLUiajYwaYCFUlN4AodT0hfJQ
http://www.ceia.net/security/products.aspx
www.ceia.net/security/detail.aspx?a=20
You can go into the RED COLORED LINK and take a look at their shoe analyzer.
Goldberg is telling the truth.
The Italian company is a normal ongoing business enterprise and this is one of their products.
Golberg is saying the MAG is better, cheaper and competitive to the Italian product. ANY NEWS THAT VALIDATES THE SOUNDNESS AND ACCEPTABILITY OF THE MAG BY EUROPEAN COUNTRIES AND THE GSA WILL MOVE THE SHARES UP, UP AND AWAY!!!!
LET'S HEAR SOME COMMENTS TO THIS ISSUE.
OK MiltonTonic, if someone had to jump the gun and make a joke it had to be you. That old chia pet nonsense is not going to work here. I found the site and now you can make proper comments dealing with the issue ratheR then going to extreme into the matter of shareholders' approval.
ALL WE WANT FROM THIS STOCK IS TO REACT TO GOOD NEWS RELEASES THAT POINT OUT THAT FINALLY IDOI HAS OVERCOME ALL CHALLENGES AND HAS BEEN AQPPROVED TO SELL MAGS INTO THE USA TO ALL GOVERNMENT AGENCIES IN EVERY STATE AND THAT CEIA IS TRYING HARD TO COMPETE WITH IDOI.
In my last posting I spelled the Italian company CHIA; that is incorrect. The correct abbreviation is CEIA.
Here is the link for those who want to know more about the competition that Goldberg is talking about.
http://www.ceia.net/?gclid=CPLUiajYwaYCFUlN4AodT0hfJQ
http://www.ceia.net/security/products.aspx
http://www.ceia.net/security/detail.aspx?a=20
You can go into the last site and take a look at their shoe analyzer.
Goldberg is telling the truth.
Avichi, I viewed this twice to analyze the impact of the statements made by Goldberg. No matter what the shortcomings of this man as an individual, one thing is clear from the statements made--he knows that the shareholders are disappointed but at the same time he realizes that it's not his fault.
I believe that the information presented is truthful, and he deals realistically when talking about the Italian competitor CHIA, the hardships of having to modify the MAG from one hight to the next height required by the European Union. That modification alone has cause extensive delay but has also made the new MAG acceptable by all government agencies.
I believe that IDOI has finally reached the point where a news release that confirming acceptance of the MAG by the GSA will send this stock up and up for good.
CAN YOU TELL ME THE DATE WHEN THIS INTERVIEW TOOK PLACE? IT SOUNDS LIKE NOVEMBER 2010.
COCO
The voice of the members of COCO’s board tells the story. The Investor Hub board was started on August 16, 2010 and the first post tells us:
“COCO earnings on Friday morning.In the 5 dollar calls aug.Bought today for a bounce.stock is down from 19 dollars 5 months ago. “
After going over all the 176 postings and looking at the price of COCO on Friday , Jan. 14, I notice that that the stock is still at 5.03. If you read the postings you will feel all the suffering, expectation and delusion that the members experience. The drama is exciting but the reward at the end of those 6 months is nowhere to be seen.
So, my advice to you is to come back six months from now on the FCPG board and get even with me and the others for our foolish persistence in sticking to this stock by being able to point out that we are still at 2 dollars or less and COCO is at 10 dollars.
STOP THE BICKERING ABOUT PERSONAL ISSUES DEALING WITH GOLDBERG AND CONCENTRATE ON HOW TO MAKE MONEY ON THIS STOCK.
OK let's be reasonable and use our thinking properly. Remember that IDOI started like any other PENNY STOCK new issue with an appropriate number of outstanding shares. The years go by, salaries have to be paid, management has to be compensated, and big time capital investors have to be issued shares instead of cash--all of this with the expectation that the product being manufactured sells. Nobody wants to buy the product and therefore all those MAGs that have been given free to induce actual purchases have produced no income. All those MAGs given away for free are useless and now IDOI is hit with more bad news--even the six inches sides are not good enough, the US agency will not consider looking at anything unless 12 inches on the sides.
All this bad news has taken 2 years away from this company and has forced it to issue shares by the billions to induce new investors to provide new cash and maybe even to pay the salaries of the top company executives.
Now for the good news! Things seem to have improved and since November they seem to be more positive in their thinking, they feel they have an upper hand against their Italian competitor, they go to Thailand, China and they also get good feedback from the US government.
More shares are issued yes, but they have no choice—how else would you repay the original large investors if you have no cash. Whatever cash in hand must be used for air travel to foreign countries, to pay salaries to those who produce the 12 inches sided MAGs, to pay rent for the building in Israel, etc. It’s pay your bills or perish! DO YOU WANT IDOI TO PERISH BEFORE YOU HAVE SOLD YOUR SHARES OR BEFORE YOU HAVE MADE SOME PROFIT FROM THE UP AND DOWN MARKET?
Let’s get IDOI going up like any other speculative penny stock and if we buy now at xx.xx1 and sell later at xx.xx19 we will be glad that we made enough money to take care of our previous losses and maybe come up with a nice profit too!!
Novicetrader, you might have missed one or two of my postings where I include the Google link showing the building where FCPG condust its business. I got some respose but I would like others to come up with their opinions and thoughts.
I am attachiong the link and my comments and would like to hear from someone concerning how they interpret what they see and everything else that you might have discovered on your own.
email sent to Brad Long but no reply received yet:
"This is the location of First China Pharma Group (FCPG).
Could you find out from the company if they own the entire lot which has 2 buildings: one long railroad type of building (blue roof) and on its left side a a set of tremendous buildings 3 times the size of the railroad type (also blue roof). There seems to be no boundary between the 2 sets of buildings and therefore it's not easy to determine if all the buildings in that compound are owned by FCPG. I want to continue investing in this company and this information will greatly assist me.
Your help is greatly appreciated.
http://maps.google.co.in/maps?
f=q&source=s_q&hl=en&geocode=&q=504,+West+RenMin+Road,,+Kunming+City,+Yunnan+Province+People's+Republic+of+China,&sll=21.125498,81.914063&sspn=36.044327,16.611328&ie=UTF8&hq=&hnear=People's+Republic+of+China+Yunnan+Kunming+Wu+Hua+Qu+Ren+Min+Xi+Lu+504%E5%8F%B7&ll=25.046475,102.664981&spn=0.001084,0.00121&t=h&z=19&lci=com.panoramio.all,com.google.webcams
Ren Min Xi Lu 504?
People's Republic of China Yunnan Kunming Wu Hua Qu
Show on Google Maps
Thanks for your comprehensive response.
One thing on which I agree with with you completely is my poor judgement in not taking a profit in the 5+ dollars range and than wait another day secure that I had already locked in a profit.
Hopefully soon I will be able to take that profit because I really need the extra funds to continue to withdraw money from the retirement account to take care of the never ending expenses of daily living.
This entire week the price has been holding steady, and look how hard it is today to fo traders to give away their shares. They all know that the News Release is coming within days and nobody want to sell short.
JTrade12, read my last posting and come back to this board in a month or two and then you can call me names if you want--I give permission to do so.
Imcat you did not read my analysis properly.
Let me give you an exact situation:
1. I reveived a 12 page pumpimg in the mail in mid November. I was tempted to buy at about 1.30 but I didn't.
2. Then by chance a looked at the quote around December 1 and I bought some shares at 1.66.
3. I was very confident this was a good investment.
4. On Dec. 8 and 9 this stock jumped...3, 4, 5 dollars plus, but I did not sell.
5. I bought more shares around 2.30, and again lter at 1.80.
6. I missed my chance to make a quick profit but I have looked deep into this company and I FEEL PERSONALLY CONFIDENT THAT I HAVE NOT MADE A MISTAKE AND I HAVE NOT BEEN PUMPED OUT OF MY MONEY.
7. If I had more money I would continue to buy shares beacuse 6-9 months from now the shares will be quoted douBle or three times the present price.
8. THIS IS MY BELIEF AND I AM NOT PUSHING ANYONE TO FOLLOW ME.
"The disclaimer shows that $250,000 was paid by a shareholder of the company who may or will sell shares of the feature company at or about the time of this mailing, to advertising agencies for the costs of creating and distributing this report including production and advertising costs in an effort to build investor awareness. This report does not provide an analysis of a company's financial position."
Let's see if I understand this part correctly:
*A shareholder is willing to pay $250,000, which is about 130,000 shares of FCPG, to the publishers of this report.
* The next step will be for this investor to sell shares of FCPG to advertising agencies for distributing the report.
*So at this point we know that this investor already sold about 150,000 shares to have this report distributed.
*What if this investor was someone who bought the shares when the stock was originally issued at about $1.
*Probably he already made a profit by selling the shares when the stock hit $5 and he has now been accumulating more shares at an average price of 1.65-1.80.
*He feels that this stock is worth more then the present price but it is not moving fast enough to push the price higher so that he can sell again the accumulated shares and make another profit.
*IF THIS IS WHAT IS HAPPENING, IS THERE ANY PROBLEM IN PUSHING THE STOCK BY ADVERTISING ITS QUALITIES AS LONG AS WHAT IS BEING STATED IN THE ADS IS TRUTHFUL.
*If we have bought this stock recently at same the price range as the investor, shouldn't we be grateful that someone is doing the work on our behalf to move this stock up faster.
GO,GO,GO....IDOI.
I really wish that Stock Roach would start pumping againg so that I would be able get out of this messy stock with my money. I was greedy the last time, I wanted to get out without taking a loss and I missed selling at.0017.
GO,GO,GO....IDOI
THE BIG RALLY IS COMING.
PLEASE BRING IN THE BIG PUMPERS FOR ONE DAY ONLY!!!!
YOU GUYS KNOW THE BIGGEST PUMPER...YES, YES THE MAN WHO APPEARS ON YOUTUBE, IN THOSE VIDEOS THAT SEEM SO PROMISING, YES DANI WERBER IN CHINA, THAILAND,ETC. HE IS REALLY TRYING....
For a stock that is no longer being pumped every little bit of news item is relevant. I consider the number of signed hospitals the most important advance knowledge of what will come up later, a few months from now. As I have said before, this company has to keep up the momentum of signing more and more hospitals every quarter to give us the big increase in the price of the stock from what it is now.
They signed 17 new hospitals in the last 60 days--now they are expected to sign 20,25 or 30 more within the same period. I am sure that Wang has increased his staff of professional scouts so that many more can go around the country and make contact with prospective clients who can be persuaded to join FCPG and receive the services they need from this company.
IT IS VERY IMPORTANT THAT NEW HOSPITALS BE SIGNED IN AS QUICKLY AS POSSIBLE BEFORE OTHER COMPETITORS START APPEARING.
I think Brad just follows basic procedures about filings of report with the government. In his response to me he says:
"Thank you for your periodic emails. All your emails are forwarded to the appropriate party. As progress is achieved and as news is released, we will continue to inform you. The next set of financial statements should be released on or around March 31, 1011."
The March 31 date is incorrect. If you look at the filing for the last quarter earnings (period ending Sept.30) you will see that they filed of Friday November 19, and issued a News Realease on Monday Nov. 22.
Expect the same to happen for Dec. 31 quarter. Filing by Feb. 18 and New Release by Feb.21.
The only release that is expected this week would deal with new business based on ADDITIONAL HOSPITAL SIGNINGS. I would love to see 5 hospitals being signed at one time.
You're an expert. Can you explain what's happeniing all day here when the buyers and sellers are holding tough for one penny up or down.
.79-.80
.80-.81
.81-.82
Do you think someone is waiting for the News Release that I have been promising??? HAHAHAHAHAH.....You know me and Wang are buddies!!!
Nobody is giving up an inch today.
1.79 low....1.81 high.
This is a real stock that needs a realistic push with Mr. Chang issuing another news release with more good news of additional hospital signings on A BIG SCALE.....5 at one time.
WOW!!!!!YAhoo!!!!!
You really played your cards right. I wish I had acted the way you did. But I have also bought more shares and am ready for the big moves that are coming ON A REGULAR BASIS.
We can't lose anyway because when China allows its currency to float at the correct rate of at least 10% more than it is now we will make money with each uptick in the value of the yuan (see today's story below).
http://finance.yahoo.com/news/Geithner-warns-Beijing-on-apf-3435057593.html?x=0&sec=topStories&pos=6&asset=&ccode=
AANIBull.
I have a question for you and for all those who viewed this interview.
Almost at the end of the interview we are told that some bigshot Chinese will be asked some questions (WITH LESS THEN A MINUTE TO GO). Suddenly the screen freezes and nothing comes after that.
Do you know what happened.
By the way, has Dani Werber ever been interviewed while wired to a lie detector machine. He sounds so truthful in his elaborate statements that I think he would pass the test with flying colors.
One more thing, can someone send the link of the Google aereal view or street view showing the location where the MAGs are produced.
Has anybody on this board traveled to Israel or has had a friend visit the location where the MAGs are produced?
Your messages are a little cryptic.
After reviewing your messages of Dec.9 and 10 I could not figure out if you were one of the lucky ones who made a nice profit before the big dump took place. Myself being new in this type of investing, I also imagined that during that incredible one week this thing was going to each 10 dollars and then I would sell and tell everyone how smart I had been.
One good thing has come out of all this--I am now wiser.
So now that you have bought again into FCPG you are confident once again that this stock has nowhere to go but up.
Look at my latest postings and tell me if I am wrong in my thinking.
I am surprised that the few posters on this board take very little time to analyze the news releases and other data from this company and provide their findings to the others on this board.
I would like some opinions.
In the meantime let's hope one of my expectations comes true and another News Release comes out by the end of this week with more contracts signing and other good news.
THIS IS AN ADDENDUM TO MY LAST POSTING.
These are the actual dates of the News Releases and the portion of the statement applicable to NEW SIGNINGS.
Based on this pattern we should expect similar news releases on a regular bsis.
12/2/2010…"ten new hospital agreements in less than 60 days, a significant increase in market share for the Company."
12/7/2020…"a total of thirteen new hospital-level contracts signed in just under 60 days, a new benchmark of success"
12/16/2010…"the number of recently signed hospital contracts to 15 in just under 60 days."
1/2/2011…"the signing of two new distribution agreements bringing the current number of hospital contracts to 17 in just over 60 days of concerted sales efforts"
MiltonTonic, what is your best estimate for tomorrow.
The pumping did not hold to the end of the day. However, you must remember that the pumping was also helpful to many on this board who have been waiting to sell(dump if you like it)this stock without taking a big loss or even by making a slight profit. I placed my sell order at .0018 (my original puchase price)but never got the order executed because the sky fell down after reaching .0017.
Maybe I will get lucky tomorrow or I might have to wait another year!!!!!
Wow! We made it another day and this stock showed resistance at the 1.65. Any news release with positive information will bring us back close to the 2 dollar mark.
We know the news RELEASES have to come regularly because the company is on the spot to equal or exceed the number of hospitals that will join FCPG in the next 60 days. THEY MUST EQUAL OR EXCEEDE THE NUMBER OF HOSPITALS (17) THAT WERE SIGNED IN THE PAST 60 DAYS. FOR THE CHINESE, FALLING BEHIND AFTER HAVING SET AN INITIAL RECORD IS UNACCEPTABLE.
Two months from now these resistance points will be a thing of the past.
Don't worry about Brad, here is the information you need to know:
http://www.sec.gov/Archives/edgar/data/1432254/000114420410062293/0001144204-10-062293-index.htm
Filing took place November 19---one month and 19 days AFTER THE END OF THE QUARTER.
First China Pharma Provides Guidance Regarding 2nd Quarter Report
9:00 am ET 11/22/2010- Market Wire
HONG KONG -- (MARKET WIRE) -- 11/22/10 -- First China Pharmaceutical Group, Inc. (OTCBB: FCPG) ("First China" or the "Company") is pleased to announce its resultsfor the second quarter, ending September 30, 2010.
THEREFORE, BASED ON THE ABOVE, WE SHOULD EXPECT THE RESULTS FOR THE QUARTER ENDING DEC 31 ON OR ABOUT FEBRUARY 22.
REMEMBER THAT DURING THESE 2 MONTHS OF WAITING WE SHOULD GET AT LEAST 3 NEWS RELEASES INDICATING THAT ADDITIONAL HOSPITALS HAVE BEEN ADDED--I WOULD ESTIMATE AT LEAST 15 MORE HOSPITALS.
This is from the news release of January 7.
Based on the early interest shown, we believe we could have the MagShoe in multiple locations in Thailand by mid-year," stated Dani Werber, International Marketing Manager for IDO.
Based on the statement above, multiple locations could be 2,3,4 or 10. WHY DO WE HAVE TO WAIT UNTIL MID-YEAR FOR THE MAGS TO BE IN PLACE. HOW MUCH INCOME CAN YOU GENERATE IF YOU SELL 10 MAGS. DOES ANYONE KNOW HOW MANY MAGS WERE SOLD LAST YEAR AND WHAT WAS THE TOTAL GROSS INCOME FROM THE SALE. If the company has 10 employees, how long does it take to produce one MAG.
I have a feeling that unless more information is released this will be a short pumping
Novicetrader, after sending my last posting I decided to send an email to Brad Long asking him to find out from FCPG what the answer is. I am sure within a few days I should receive some response. I also agree with you that since there is no fence or wall separating the buildings, the entire compound belongs to FCPG. The railroad type building is close to the area where cars are parked (probaly managers and office employees) and therefore that could be the place where Wang and others plan and strategize where to go next to sign up another hospital.
All this sounds so buddy-buddy as we were working with them. At least we know that they already have the space for storage of all the products for future distribution as the big expansion comtinues.
NEXT WEEK WILL DETERMINE IF THE DUMPERS HAVE FINISHED THEIR WORK AND THE REAL INVESTORS DECIDE TO MOVE IN BECAUSE THERE IS VALUE AND A FUTURE IN THIS COMPANY.
HERE IS THE BUILDING HOUSING THE HEADQUARTERS OF FCPG.
THE BUILDING THAT LOOKS LIKE A VERY LONG RAILROAD CAR WITH BLUE ROOF.
http://maps.google.co.in/maps?ll=25.046375,102.665133&spn=0.001084,0.00121&t=h&z=19&lci=com.panoramio.all,com.google.webcams
The small group on this board is taking the weekend off.
There seem to be no controversial issues affecting this company that are worthy of discussion.
THIS IS VERY GOOD AND IT PROVES MY POINT THAT THOSE WHO HAVE BEEN SELLING FOR THESE PAST 3 DAYS SIMPLY WANT TO MOVE INTO MORE AGGRESSIVE STOCKS IN PENNYLAND!
It take perseverance to know that this company has a great future but at the same time is being squeezes by the profit takers, the weaklings and those who have no patience.
I believe that Mr. Zhen Jiang Wang really does care if the stock goes up or down at this point. He has his 25% investment in the company and he knows that 5 years from now those shares will be worth $250 million or more. He has a good job, has his staff scouring around all the Chinese provinces and has additional hospital sign in to join his company distribution group.
DOES ANYONE HAVE A FRIEND OR RELATIVE IN CHINA WHO CAN TALK TO WANG PERSONALLY OR TO ANY OF HIS EMPLOYEES TO GET REAL FEELING OF EXCITEMENT THAT MUST BE TAKING PLACE AT:
Number 504, West Ren Min Road,
Kunming City, Yunnan Province People's Republic of China, 650000
Goldrusher, thanks for the inside information. I will definitely try my best to bail out at 0.00014, possibly tomorrow. Will I be able to unload all 4 million shares without causing a panic?
By the way, I want to put my money from the sale into FCPG--that one will be a real winner within the next few months (see the chat board for this stock for more details).
SEE YOU ALL TOMORROW.
Let's be serious.
How soon will this stock reach the price that I paid for it (0.0018) so that I can sell and break even.
Thanks.
If it was possible to determine the price that each of the current sellers paid for this stock that they are selling today we might come up with an understanding of why the price has gone down. However, since we cannot contact and survey the sellers, my interpretation would be that most of them feel they made a mistake in buying this stock or are tired of waiting and therefore they are selling FCPG so that they can invest in some other penny stock that is being plugged around. I AM SURE THAT THE SELLERS AT THIS PRICE AND THIS TIME ARE NOT MAKING ANY PROFIT. I BELIEVE THAT THOSE WHO BOUGHT SHARES AT 1-1.50 HAVE ALREADY TAKEN THEIR PROFITS.
That leaves those of us who are breaking even or maybe slightly below with a reasonable loss who are holding on hoping for a bounce back.
WE are caught in a rollercoaster from which we can't jump out without getting financially or psychologically hurt.
WE MUST BE STRONG, PATIENT AND POSITIVE.
There hasn't been a single trade for last 10 minutes...from 3:21pm to 3:31pm. the ask is 1.89 and nobody is going lower!!!!
1.89...JUST 8 CENTS AWAY FROM A TIED BALL GAME!!!!