Married
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Just as I posted a few days ago, CCME management should have published a pre-emptive strike by Public Release and start buying shares back on the open market and state so..Oh well!!!
Let the chips fall where they do, how sad.
I hope CCME is a little more pro active in the best interest of the loyal shareholder.. They know Part 2 of the citron report is coming out in the next 3 days, I would guess thursday..
A nice pre-emptive press release tommorrow updating all the investors on what the exact plans they have for the over 150M cash they have on hand would be appropriate in my opinion.. They could provide some specifics such as: (1) Specifics about dividend pay out - like how many dollars paid for each share owned by each sharholder, (2) Status of the $30M buy back or even better buy a few million back at market tomorrow and the next day to show they are serious and give confidence to the public, (3) update on future investments or buyout of other profitable business that they are considering and its impact to the companies future growth, (4) Provide some specific rebuttal to those inflamatory or completely false statements from Citron (5) Update on any new contracts or business developments.
Any and all of these may help IMHO.. Long and Strong CCME.
Eric
Wow, 10,000 share buy at 16.71 someone sees the buying opportunity.
This article alone is more comprenhensive and more assuring that CCME is a legit company with a legit business then the crap posted by Citron. Can't investors read or do they only know how to panic..
https://ghsecurities.bluematrix.com/docs/pdf/4b261a09-1768-43bc-ad28-8c669e92e678.pdf?co=Ghsecurities&id=ghsresearch@ghsecurities
Looks the stock is going on a HUGE sale today.. Maybe I should get a loan on my house?? What to do?
HOLDING STRONG and wishing I COULD BUY.
Eric
Jake,
Hope the best for all CCME longs.. I too am loaded to the hilt. All that matters to me at this point is that the COMPANY addresses this ASAPin a public release. I think the company's response is more important than some may think. A public statement from Deloitte about the company financials or cash on hand wouldnt hurt either.
Holding strong and have no more buying power for the cheap shares.
GL and should be a very interesting week for sure.. A person has to have big BALLS to invest in this one thats for sure.
Eric
Is it time for a ccme bounce. That's what my money says. Go ccmweeeeeee... Just think get the shares at a better value. :)
Longs keep the faith, remind yourself what you own! Remember the stock is up for the week and in my opinion the stock will be up again next week. Hold your shares in cash accounts as much as you can, dont let them borrow your shares. I think the neuce just got alot tighter and maybe Glen short squeeze of the century will be upon us.
IMHO the stock is worth $35-$40 and maybe more.. Why is a Price to Earnings ratio of 10 ridiculous? "ITS NOT".. This stock is way undervalued. My hope is everyone that is smart enough to own this company makes a mint, I cant find better out there with as much going for it.
Let them hang next week and maybe the company will share with the loyal investors what they are going to do with their $150M in cash on hand. No reason some update shouldn't come out soon, is there?
I guess by now I am just use to the volitility and I always just remind myself with conviction why I have invested in this stock.
GLTA CCME LOYAL SHAREHOLDERS
Eric
Harry Boxer predicts $27 in the short term...
http://www.thetechtrader.com/chartofday/
Well deserved to all CCME shareholders.
Count me in on short roast 2010..... Yehaw how am I suppose to pay attention at work today.
bradford86,
How can Etrade do that? Is that legal on their part? Thanks for not loaning them for our sake. I can't imagine owning 100,000 + Shares I would be long retired..
Eric
Thanks for the input... One question if some of the shares I own are on margin I won't be able to move those shares on margin to the cash account without covering the margin portion. Right?
From ETRADE regarding Margin Accounts. Only works for Cash Accounts guys.Message:
Dear Mr. XXX
Thank you for your message regarding loaning shares in your individual account.
We only loan out shares that are held on margin. Since this account is a margin account, your shares may be lended to other investors. If you do not wish for this to occur, you will need to remove margin from the account. The margin balance must be zero in order to remove margin. If you have any further questions or concerns, please call us at 1-800-387-2331 (678-624-6210 for international) or reply to this message.
Sincerely,
Alaina Fair
M - F, 7:30am - 4:00pm EST
1-800-355-8888 ext 2234500
Financial Service Representative
E*TRADE Securities, LLC
Holding every single share on every shake. Glta ccme shareholder know what you own and remind yourself
Bradford,
Thank you!! I am sure he loved your generous gesture.. I know CCME shareholders did.
TY,
Eric
Hope these help.. I hope the best for NEWN and hiring a good reputable auditing firm to verify their balance sheet is as promoted and continued good overall company performances will help most.
http://www.ehow.com/how-does_4572502_short-selling-affect-overall-price.html
http://www.fool.com/FoolFAQ/FoolFAQ0033.htm
NEWN
Great products, great balance sheet but unfortunatley a china stock... What happens to china stocks.. They get the heck shorted out of them... I believe NEWN is going down for one reason and one reason only.. It is being shorted big time. Notice increase in short position
http://shortsqueeze.com/?symbol=newn&submit=Short+Quote%99
http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=NEWN&symbol=CCME&selected=NEWN
Short interest has gone from 8,607 share short in September to 163,809 in December.. I bet the number has gone up even significantly more... Up over 120K in the last 15 days of december...
THe company better do something about it or this thing could get shorted to some low prices.. I cant think or see of any other reason for the significant constant downward pressure and I have seen it on almost every China stock..
Thoughts? Is the company aware of the significant increase in short interest in their stock?
Eric
6979, Nice Post and it is some of the analyst you mention why my boat can't hold any more shares... I feel like it not a question if we will every get fair value it is more like when..
Is short squeeze on the way... I think it might be... GOOO CCME SHAREHOLDERS.
Eric
BURP,
I have loaded my boat with as many CCME shares as I can stuff in it... Ready for this thing to rocket.. I think one of the best values and buy in the market today...
My opinion CCME is the best stock of 2011.
Eric
Ryan,
I would guess many shareholders have long shares and trading shares as it only make sense with a company that has a stock that trades like this one, adding to the volatility. I know I do my share each day.. My gut tells me at this point with the two most recent news release that there is a pretty good chance a MS or GS
GOLDMAN SACHS GROUP 9/30/2010 Shares held 263,322 and shares added 212,150
MORGAN STANLEY 9/30/2010 shares held 112,574 and shares added 33,483 $1,771
Might finally give CCME a buy recommendation.. They both own it and now the stock offers a dividend. Who knows but it seem very reasonable and very likely to me. It is getting this type of coverage and continued institutional ownership that will put an end to this DISCOUNT of a stock and maybe fry the shorts once and for all. For some reason it feels like a very Merry Christmas is on the way to me...Anyone else have that SENSE?
Good Luck to all the shareholders and I am impressed with CCME management.. I cant see any reason this stock wont go to 25 or higher!!
Eric
To all the SHORTS
To all those shorts and those that said this company was not legit and didn't really have cash in their hands and on their balance sheet... There is no doubt now.... Guess you were dead wrong.. I wanted to thank you for allowing longs to get lots of shares cheap and thanks to your contributions to the real shareholders..
YIPEEEEEEEE
Eric
WTG CCME - Would hate to be short.. Dividend payout is Awesome and well earned by all shareholders that held their shares even with the 4M shorts out there......
Congrats to all shareholders and faithfuls.. WTG CCME Management and Board of Directors. Merry Christmas!! :)
Eric
Nice MOVE Jacky.. HEHE
Wow stock is back at $15 and volume has disappeared.. CCME really needs to address what they are doing with all the cash on the balance sheet... I think this just keeps the whole "CHINA STOCK" question out there...
Too bad they could have fried the shorts to death..
Erpy
Avatar,
Did you see Harry Boxers analysis of the stock.. His TA is generally pretty good. Your experience further supports the stock is breaking out........I have been buying and TA says this could be heading to $11-12.
http://www.thetechtrader.com/chartofday/
Good luck to all investors.
Eric
The stock is impressive.. Harry Boxer predicted the stock will go over 5, he is pretty good with his TA.
http://www.thetechtrader.com/chartofday/
I think it continues up next week.
Eric
Hmm Real nice buying into the close or short covering... Good for all shareholders...
Eric
Interesting trading here today... Down -.30 on what looks like nice news.... Where do we catch the bottom for more shares?
Shorts at work?
Eric
davpar,
This is an excellent board....
Here an example of stem cells being used on humans in china.
http://www.npr.org/templates/story/story.php?storyId=88123868
There are many other cases as well. I wish the article ipscell or Paul Knoepfler would have addressed that stems cells in china are past being used on rats and mice.
Eric
Ipscell,
Very interesting.. Wish he would have address the uses on more then rats and mice like is already going on in China...
Eric
Davpar,
Nice message.. For those that don't know Phase I and Phase 2 trials here are a few facts.
According to the FDA:
Usually, Phase 1 studies include only a few healthy people. Here, scientists find the best way to give a new treatment and how much they can safely give.
Phase 2 studies include more people than Phase 1 studies, and the people have disease that the product is going to treat. Now scientists try to see how well the product works against the disease.
If the product works, the study moves into Phase 3. Here large numbers of patients with the disease are included to see if the new treatment works as well as the standard treatment.
ACT is conducting a combined Phase I/II trial.Per input from investor relations for the timing of things, "Dr. Lanza thinks that it should start at the end of several months at the earliest. No date has been given for completion of the trial, submission of the data, etc ."
Just trying to inform what I can find out.
Wow!!! The buying is huge and strong... Amazing buying today.. I have seen times with over 25 buys in a row... Hold on to your shares................
Hmmmm Institutions.... All here its been well deserved.. The stock is worth double and glad we waited it out.... Nice to see we finally getting some exposure.
Eric
If the company announces additional good news I would love to see a short squeeze..There is no doubt in my mind it is being shorted.. I bought another 48000 shares today.. :)
Not sure why the shorts believe the stock is value less then .06 and to not think that stem cells could be the future is almost idiotic.
Eric
Neidenbach,
I wish you the best in your new purchase.. The product the company has is very exciting and I reviewed alot of stem cell use that is already being done on Humans in China for all kinds of vision problems and I think this company could have an amazing future from what I saw...
Good luck to you and the longs..
Eric
More of the same trading today.. Lots of buys and the stock goes down.. Just hold your shares......
I see that they have a second application to the FDA to try a wider trial as well....
The 12 people in the initial study will have an advanced form of Stargardt's disease and don't expect to have their vision restored, since the test's main objective is to gauge safety.
If ACT's trial shows that the treatment is safe, the process would be eventually be tested on younger patients to see if it could prevent blindness.
The company has also applied for FDA permission to begin a wider trial on people with age-related macular degeneration, or vision loss, which affects as many as 30 million people in the U.S. and Europe.
I LIKE THIS:
The process showed 100% improvement in rats' visual performance and "near-normal function" was also achieved in mice, both without negative side effects, he said.
Researchers expect to see results in real-time due to the use of high resolution instruments that allow them to track the cells in the eye, with an assessment of the progress possible within weeks.
"We should be able to know what's going on along the way," said Lanza. "It is quite conceivable we could see improvement within six weeks or so."
"But we don't know. This has never been done to know how this is going to play out."
Derby,
To cure any blindness and now to have FDA approval to allow ACTC to try it on humans was enough to make me buy today.. Especially with its progress on rats...I am totally new to the company but went ahead and bought 260,000 shares as the news really did seem extraordinary to me, but took me awhile to buy after watching the trading games all day.
Looks like the objective of Phase I/II trials are just to ensure it safe for humans? Is it overall effect/impact a secondary objective and how long will phase I and II trials be?
Eric
Rocky,
The news is significant and even though I believe it was being diluted today, looking at the long term chart it looks like a good entry point with the potential of the technology and where the stock is trading at..
Would be interested in others that have been here awhile. I would think this was an absolutely essential step for this company and surely today news makes it worth double what it was yesterday in my opinion.
Eric
Did you just see that 794,700 share buy at .065 LOL and the bid stays at .0644