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1.87 NOW AT 3:16 PM.
WE HAVE 43 MINUTES TO GET BACK TO YESTERDAY CLOSING PRICE AND BREAK EVEN FOR THE DAY.
THAT WOULD BE AN ACCOMPLISHMENT.
Ursaluxe, you must be new to this board.
Pimping is not really pushing the stock up so that he can dump it today;this board member is there for the long term, more or less depending on how fast we go up. If this stock goes up fast as it did on December 9 even I will be selling to take a profit.
Read my postings if you really WANT TO KNOW why I feel bullish on this stock. Read the one I posted today and my analysis about future sales and earning. If the dip continues today, the only thing I would do if I had more money would be to buy more of this stock.
Wihin 2 months my bullish statements will prove true.
BE STRONG, THIS IS NO PENNY STOCK!!!!
The momentum that this company is generating is so powerful that if the signing of new hospital clients continues on a regular basis of 20-25 per quarter, the quarterly sales and earnings results will be moving higher and higher without interruption for years to come. Therefore, if we hold this stock for the long run we can expect it to move up at least 2 dollars per quarter.
Is that possible?
If we analyze the meaning of the last news release ”...wishes to announce 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.” this tells us that the sales reflected on the quarter ended Dec. 31 will provide numbers that take into account the older clients plus all the mew business generated by the additional 17 new accounts. Do you realize what that means! And if this process repeats each quarter we have no way to go but UP, UP, UP….
Oregon, are new to this board, if so I think you came in at the right time. I think that today we might be in for a whopper!! We got to break this spread of 5-8 cents up or down!
WE ARE GOING TO SEE 2.50 BY THE CLOSE OF THE DAY.
YAHOOOOOO......
Milton Tonic, don't you think that these statements a simply a BLATANT LIE. It is completely ridiculous that a simple machine that is basically a metal detector would be considered a security risk to Israel. They sell the oozie machine guns to every cat and dog and they would put a hold to to the MAG.
Pure nonesense and a lie by the controlling managers at IDOI.
Hi novicetrader. The managers of this company in China, particularly the old man himself, are very cautious when it comes to the release of news. I was hoping that the latest news release would deal with estimated sales and earnings for the quarter just ended, instead they came up with new business being signed in.
We have to read between the lines and interpret this news release the same ay as the one of Dec. 16; NEW BUSINES DEALS MEAN ADDITIONAL SALES AND INCOME.
Therefore, if we are confident that this stock is not a push and dump, we should accumulate shares now and be ready to profit later. My feeling is that whatever the good news coming from this company, it will simply move the stock GRADUALLY from this point on. We might see 5 dollar stock in a few months from now, UNLESS SOME SPECTACULAR EVENT TAKES PLACE LIKE A BUYOUT!!
Is there anyone who wants to join the board where all the winners keep a low profile--only 19 of us, and we chat in moderation.
You are welcome to join FCPG. The big bang is coming anytime soon, probably before the week is over. Don't miss your chance to score big. The stock went up 11 cents today. Read all the postings before you decide to invest. SEE YOU ALL ON FCPG.
IS ANYONE ON THIS BOARD AT THIS MOMENT!!!
LET'S HEAR FROM YOU NOW....DONT'D SHOW UP WHEN WE REACH $2.50!!!!!
I am sure that at this very moment some news release from one source or another is giving this stock a positive push. Something positive should be comimg out soon. These are really anxious moments when we don't know what's going on!
HI novicetrader. As I am preparing this post FCPG is beginning to break loose. 1.81...1.82...1.86
WOW
Novicetrader, we hit the board almost at the same time.
I hope that many of the remaining 17 members of this board are reading these messages and buying this stock before the news releases come out. Tomorrow will be the day.
THERE ARE 55 MILLION SHARES OUTSTANDING!!
THE INFORMATION PROVIDED BY FCPG ON THEIR WEBSITE IS CORRECT.
PROBABLY THEY ARE NOW FILING THE DETAILS WITH THE SEC.
The important thing to remember is that when FCPG reports the earnings for the quarter ending Dec. 31 the earnings per share will be based on 55 million shares outstsanding and logically increase the EPS dollar amoUnt accordingly.
I AM STILL BULLISH ON FCPG...AND IF I HAD MORE MONEY TO INVEST I WOULD KEEP ON BUYING MORE SHARES AT THIS PRICE.
UP,UP AND AWAY YAHOOOOO......
Novicetrader that was excellent work on your part.
Below is the page on FCPG wherE the alleged misinformation appears.
http://www.firstchinapharma.com/investors/stock-information
Why would anyone clealy state that as of December 1 there were 55 million shares outstanding. Someone has to supervise better information like that. Is it possible that the 55 company workers and the big 3-5 officers have not noticed this blatant error.
Let's wait and see what happens next.
I AM STILL BULLISH ON FCPG.
I agree with you about caution but If someone is more knowledgeable than I am, I would like some specific answers to what is being presented in my postings (or for that matter other people's postings).
Please look at my postings #281, 285 and 287 and see if you can provide me with specific answers based on your experience or knowledge of these issues.
Thanks.
Dee, this is no longer the best kept secret!!
Look at my posts and you will see how much relevant and analitycal information I am divulging. Too bad this Board has only about 19 members beacause if it had more I am sure someone would have replied to my direct queries. I am still looking for an answer to my query concerning the number of shares outstanding. Everyone please look at my posting and let me know if a company ever reduces the number of ostanding shares without informing the shareholders, SEC or somebody. The idea of reducing shares is good if the company purchased the shares to retire them, but why didn't they inform the shareholders!!
I AM STILL VERY BULLISH ON FCPG.
“IDO Security Receives Letter of Intent From UK Distributor for First Multi-Site Order for New MagShoe 3G(TM) Series”
The above heading was used for the news release of December 1. Since that date this stock has continued to slide nonstop. Any company that wants to preserve some credibility with its shareholders will do the utmost to come out with some additional news releases that improves or expands on the previous news release. Of course, if the first news release was nothing but hot air then there nothing else to add, and no company wants to deduct from any previous statement.
I should have sold the shares I bought in early November immediately upon reading the postings on this board. But I really believed that the MAG had some promise, and of course I believed also all the lies on the video where the company officer gets interviewed. Billions of shares outstanding which are becoming worthless day by day. I know there is a lot of chatting on this board that deals with individual officers of the company as if they were your friends who have betrayed you. Many of you are taking their behavior personally. I assume that those who have already sold all their shares stay on this board either to help others or to vent their vengeance at those who have lied to them.
If I don’t sell my shares now, is there any hope that IDOI can turn around and go up in price at least to what it was on November 1 so that I can sell without taking a loss. Of course, I know in my heart that the probability of that happening is almost nil and also if that were to happen it would indicate that this company is not fake and I would not sell at that time anyway because I would believe that the stock would be on its way up again…..
How easily we get fooled!!!
10atious, glad to know someone with a name that shows tenacity. Today has been another though day for this stock but it seems to holding steady close to the high for the day. 2 and one half day of trading left before we end the year, and I certainly hope that some good news comes out from this company by Thursday so that we enjoy the early weekend.
I AM STILL BULLISH ON FCPG!!!!!
Hey Pack, before this day is over we will have all the silent members of this board come alive....and chatting their heart out!
Hey novicetrader, it's not too late to stock up on more of this company shares. ACT NOW BEFORE IT'S TOO LATE.
yahooooooo!!!!!
We just hit 1.64.
WE ARE ON OUR WAY UP AGAIN.
THOSE OF YOU STANDING BY, MAKE YOUR MOVE NOW. BUY NOW OR REGRET YOUR ACTIONS WHEN THIS DAY IS OVER.
I have been sending many emails to this company informing them of what's happening to this stock and I hAVe requested from them some input on some of my inquiries. I have also suggested that if it's allowed under SEC regulations they should issue immediately a news release proving preliminary guidance of what is expected for the quarter ending 12/31. I suggested that they should simply say that sales have gone up by Xpercent and net income has increased by Ypercent. Anything to make this stock go up again would be helpful. I also asked them to explain what happened to the 5 million shares from the reduction of shares from 60 to 55 millions.
I will keep you posted if I get an answer.
I AM STILL BULLISH OF THIS STOCK.
Has anyone read my posts.
Is there anyone there who HAS analyzed the information I have provided.
Does anyone understand the importance of 55,000,000 shares outstanding and only about 16,000,000 being traded by about 300 active shareholders?
Hey, someone has to be able to understand the powerful implications of this situation.
With the next news release coming up at any moment(even today if the wheather in China is not like that of New York!!)i hope all of you have been stocking up on this stock.
I AM VERY BULLISH ON FCPG!!!!
For those who might not have noticed, it seems that the number of shares outstanding has gone down by 5 million. According to S&P there are 60 million shares, but on the company website it is stated that as of Dec. 1 there are 55 million shares outstanding. If you deduct from these shares those held by the top 3 holders of this company (66.6%) you end up with 18.37 million shares available for trading. I am sure that if we deduct another 1.5 million shares held by the 54 employees of the firm along with other big investors who are holding longterm we end up with about 16,870,000 shares available for normal trading.
THIS STOCK CAN ONLY BE MANIPULATED BY SOME OF THESE REMAINING SHAREHOLDERS. ANY PUMPING AND DUMPING THAT HAS TAKEN PLACE CANNOT AFFECT THE LONG TERM PATH WHICH IS DETERMINED BY CONTINUOUS INCREASING SALES AND EARNINGS THAT ARE EXPECTED TO TAKE PLACE FOR EACH OF THE COMING QUARTERS.THIS STOCK HAS NO WAY TO GO BUT UP,UP,UP.....
I AM VERY BULLISH ON FCPG.
Hi Pack. I noticee that after your post of October 26 you were absent from this board for more than a month. Did you ever stock up with FCPG at that time and went on vacation and then sold everything on December 8. That would have been a nice profit! It's not too late for all members of this board to buy now at $1.75 and bouble our money by the end of January, or earlier.
I am still bullish on FCPG.
Hi Pack. Do you realize that you are the first one to make mention of FCPG on post #62 on October 10. Evidently there was some confusion at that time and this board was previously assigned to something called Face Print Global.
The important aspect of this event is the fact that you already had a positive view of this stock based on the little information that you had available at that time. I think the stock could have been bought at $1 at that time. I wish I had been aware then of the potential of this company and loaded up with shares at the lowest price possible.
I am still bullish of FCPG.
OH, ONE MORE THING, IF YOU LOOK AT THE FCPG PRESS RELEASE OF DEC. 16 YOU WILL NOTICE THAT THE 2 NEW HOSPITALS ARE IN A DIFFERENT PROVINCE OF CHINA (Anhui Province (pop. 61,350,000)and also this brings the number of recently signed hospital contracts to 15 in just under 60 days.
I am bullish on this company.
I just discovered on the internet another lenghthy, very comprehensive and positive push for FCPG by Stock Guru.
http://www.sgurunews.com/emailmarketer/display.php?List=1&N=1134
I have no idea when Stock Guru issued this report. There is a lot of additional information on this report.
The report has this caption:
Suggest a Client:
Do you know a great company that simply must be featured on StockGuru or Shareholder Vision?
Suggest it to us.
Email: john@stockguru.com
Tel: (469) 252-3031.
DO YOU SUPPOSE THAT SOMEONE PAID $200,000 TO STOCK GURU TO HAVE fcpg PUMPED?
You had 4 postings since you joined this board, one was very positive and the other three told us that this was the end and that we had been pumped. However, although this stock was pushed by Chuck Hughes (your link) and Eric Dickson of Breakaway Stocks, and possibly others that have not been identified on this board, I am sure that if you examine the comprehensive SEC filings and if you look at the company website you will notice that the company itself is predicting constant increases in sales and profits from quarter to quarter. Everything points to steady growth. I realize that some people expected this stock to behave like penny and sub-penny stocks but what happened on December 6,7 and 8 is not related to to the newsletter release which took place a few weeks earlier. Even I was exited enough that at one point bought extra shares at 2.95.
I hope that you have noticed that this stock is maintaining a resitance level at 1.70 and I believe that soon we will be moving up again.
On December 8 we had more than 20 posts. I can't believe none of you has anything to say just because this stock is not acting CRAZY either up or down! I guess most of you have lost so much in other stocks that you dom't feel like chatting anymore! DO NOT DESPAIR! I am bullish on this stock and in the next few weeks most of you will remember this day when I gave you encouragement to invest in this stock if you have not yet done so, or to hold on to what you have if are already invested.
Pack, since yesterday I have been worried because of news concerning certain Chinese companies (see links below).
http://finance.yahoo.com/news/SEC-Probes-China-Stock-Fraud-tsmf-1020316743.html?x=0&sec=topStories&pos=3&asset=&ccode=
http://finance.yahoo.com/tech-ticker/china-stock-fraud-sec-probes-"reverse-merger"-network-535745.html?tickers=FXI,PGJ,EEM,^dji,^gspc&sec=topStories&pos=9&asset;=&ccode;=
So I sent an email to Brad Long(<brad@firstchinapharma.com>)the public relations representative for FCPG with the following message:
IT IS IMPERATIVE THAT FCPG SHOULD IMMEDIATELY ISSUE A STATEMENT CONCERNING THE ISSUE THAT IS MAKING HEADLINES SINCE YESTERDAY. IF NO STATEMENT COMES OUT FROM THIS COMPANY THE ASSUMPTION IS THAT IT IS ALSO A SHELL AND SHAM COMPANY. PLEASE ACT IMMEDIATELY. YOU ARE DRAGGING THE STOCK DOWN.
I received this email in response:
In response to your recent inquiry, please find below the most recent “News Release”, concerning First China Pharmaceutical Group, Inc., (OTCBB: FCPG), for your review and possible follow-up. More information can be reviewed at the Company’s website at: www.firstchinapharma.com. The most recent financials can be reviewed at the Securities and Exchange Commission’s (SEC) website at: http://www.sec.gov/Archives/edgar/data/1432254/000114420410062293/v203151_10q.htm and http://www.sec.gov/Archives/edgar/data/1432254/000114420410064954/v204666_8ka.htm. You have been added to First China Pharmaceutical Group, Inc.’s email update list, and as progress is achieved, you will be informed. Thank you for your interest concerning First China Pharmaceutical Group, Inc. (Please Note: There were NO attachments sent along with this email).
Direct link to First China Pharmaceutical Group, Inc.’s “Standard & Poor’s Market Access Profile”: http://reports.standardandpoors.com/aidata/maccess/f/fcpg_438592_all.htm
Direct link to First China Pharmaceutical Group, Inc.’s “Corporate Overview”: http://www.firstchinapharma.com/docs/fcpg-corp-overview.pdf
Direct link to First China Pharmaceutical Group, Inc.’s previous “News Release” dated December 13, 2010: http://www.firstchinapharma.com/news/news_releases/2010/12/first-china-pharma-views-new-chinese-foreign-healthcare-investment-policies-as-huge-opportunity
Direct link to First China Pharmaceutical Group, Inc.’s “Corporate Management”: http://www.firstchinapharma.com/corporate/management
Well Pack, I believe that this is no pump and dump. The stock became public in September at $1 and although it's facing some challanges I think we will be rewarded when the next news release and earning come out. This company is making money now and will continue to increase revenues and earnings.
Well, it looks that 2 of us have analyzed thoughroughly the data on this company. However, I don't klnow if you have evaluated the possibility that the waiting period for this stock to skyrocket might not be necessarily related to incresed sales and net income from quarter to quarter. That will take quite a few months. But, the big bang can come if any of the four American based companies (which I have previously mentioned)will become aware of the possibilities that FCPG can offer them in China and thus decide to make an offer for the shares of this company for $10 per share or more. I know we might have to wait six months before this can happen but I am in for the long run.
Analyze the information that I have presented, look at my last posting and start buying more stock of FCPG while the price is still in the 2 dollar range.
Don't worry! This company has no way to go but up. Remember that it will be adding more hospitals to its distribution on a continuous basis. If you look at the past few news releases you will notice that every time 2 or 3 hospitals are added to its distribution circle a news release is issued. This process is never going to stop because this company cannot stop from adding new clients--eventually in every province in China. FCPG is a winner.
In my last posting I mentioned that the company has 400 shareholders (based on Standard & Poor),but if take into account the 54 employees of record then we only have 346 non-employee shareholders. We might also assume that the combined 54 employees hold more or less 1 million shares of this company. That brings us down to 17 million shares outstanding for normal trading.
Any comments or additional information that any of you can provide.
I think we are at the bottom of the price range for this stock and once we start moving up again to the 4 or 5 dollar range we will never again have to test the 1.98 that we reached Friday.
Good luck to all of us.
Does anyone have exact data indicating:
-the price charged to the buyer for each MAG3 machine
-the fees charged for maintenance or repair(motnthly or otherwise)
-other contractual charges for each machine sold.
How many machines can they sell to Brazil for the 2 events coming up in the next 3 years? Has any company or organization placed a substantial order for machines that can be documented by a news release? If a large order has been placed, how come we have not seen a single news release with the headline: "Brazil places order for 300 MAG3s for a total of 5 million dollars".
The big question really is: How many MAG3 would it take to earn on penny per share based on the billions of shares outstanding???
I am fearful that a reverse split is in the making and that one day the stock will be quoted at 2 cents when actually based on the new shares that WILL BE ISSUED THE TRUE VALUE WILL BE HALF OF WHAT IT IS NOW. I am sure that we are reaching the saturation point when the sky will fall down and we will all be caught in a big mess.
I want to believe that we are not being deceived by the big shot in Israel but at the same time I cannot read what is on his mind. Even Madoff's family was not completely aware of the true scheme that he had conducted for 20 years!!
Here is in a nutshell some information you might be interested in.
http://reports.standardandpoors.com/aidata/maccess/f/fcpg_438592_all.htm
Did you know that 66.6 per cent of the the 60 million outstanding shares are owned by 3 people. Then there are 400 or so stockholders that control the rest(that's us). Listed on the OTC Nov. 19. So 400 shareholders control 20 milion shares. However, if some of the big four American drug distributors (McKesson,Cardinal,Amerisource and Owens)are accumulating shares, then the number of shares that can be traded is even lower. So we really might have 400 of us playing around with about 18 million shares. Can one of you experts please analyze this situation and tell us what to expect! Thanks.
Can someone analyze and provide an informative and detailed view of the price swing of this stock in the past 12 trading days? I understand that news releases had a positive effect on this stock but what is your interpratation of the dramatic 2 days rise of the stock from about 1.50 to about 5.50. Did someone accumulate and is keeping the stock for which they paid a high price or do you believe that those who paid more then 4 dollars took a loss and dumped it back at 2 dollars. Any views that can provide guidance.
I am very confident that this company is a great investment and that the price of the stock will skyrocket soon, particularly when the earnings for the next quarter are announced--of course that won't be until February but by then the stock will have made a new high anyway!!!
Hello Everyone. My first post. From material that I have read, it seems that this company is only one of the 14 drug distributors in China that the Chinese government has licenced to sell drugs over the Internet. Although at the present time FCPG is concentrating in adding new distribution to hospitals in one province (Yunnan), there are no restrictions to expanding to other Chinese provinces (6 more provinces in consideration have a combined population of 500 million people). I am completely bullish on this stock.
Does anybody know if this company might give out approximate sales and earning results shortly after the quarter ends on 12/31, or do we have to wait until February.