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All right, all right not too bad..was waiting for 1.30s...but ok.
May jump in with a quick short pos....it's just the right time of day...1.52
We don't want to hear about record revenues! We have immunity!
This is all nice and good and it's everything we already know....but this crappy stock is immune to all this stuff. We've seen this dozens of times. Yes, theoretically it's a $ 3 or 4 stock, but it's simply not going to happen. Go ahead and get mad, i'm sorry.
This is going by way of CCGY.
Up at open...typically means red by 11am. Could buy in 1.20s today.
I periodically look at the YMB. There are a lot of new people over the past year or 2 that still have faith in this stock. i'm with Joe Natural and the other "old timers", this stock will never reach anything close any kind of valuation. One guy listed a bunch of catalysts...I can only remember back when we thought the AMEX listing was all we needed. This is immune to news, immune to charts, immune to expansion...this have been proven over and over and over through the past 4 years. The old time cheerleaders here finally gave up and I suspect they will to over on YMB.
You've gotta love it!1 Red Chip issues another worthless update and it is met with numbness. As of this week they missed last years 12 month target by nearly 5 bucks.
Good luck to you ! This will be below a buck by Friday.
.67 will most likely be a reality. There is no reason to stay above a buck now..CCGY here we come.
There appears to be a line drawn in the sand. Something needs to be said, and quickly.
Looking at the notes, the only news at the conference is the new photos and video.
Zester in.
Too late now in the week for news. A weekly progress update would be a nice tranparent way of Investor relations.
The hope was for news this week. There should be enough cash now from last Q to complete. Any bump to mid 1.70s will just be met with selling for now.
Actually put in a bid today. We are very near.
OOB 4/1/2012
$5.27 from Red Chip is code for $1.07. They have never even been in the same galaxy with a target. Typically, It'll be worth about 17-20% of their target.
Has this stock ever gone up after a conference call? The answer is no.
I thought they were a Tuesday/Wednesday Company.
Are they learning the American way? Bad news on a Friday?
You know, they do answer phones.
The aquisition was first announced in the height of the "China Scam Age" last year. So in that light I wouldn't say that it's a scam. There are a few Clean Up type items that are holding it up. Shouyld be before 4/1.
There are a few inspection and EPA(China version) details to hammer out yet. The check is ready to go and if all gets hammered out, it should be done before April 1.
Russ,
Your thinking is right on, but in a 1998 kind of way. If things were going to be so great in PPS land after the aq. then volume would be in the millions now. Smart investors, and smart traders know a good thing and are avoiding this and all its relatives. Therefore the "Aquisition" will prove nothing more than a quick pop and drop. Shall I list all the items that YOU thought would take this "to the moon" over the past 2-4 years?: AMEX, aquisitions, car use in China, fixed price of gas in China, quarterly earnings, China easing, New CEO, New Plant, Video cameras, D & P shows, some kind of stock screening software, (that was my favorite) Diesel shortage, car use in India, Earthquake missed our Province, annual earnings, Chen articles,
Star analyst on line articles, Video Tour by RC, China raises gas price....etc. etc. Now excuse me I have some knitting to do.
If .74 = $1.20, then 1.04 = $1.60. Most of you then sell at 1.60, so then you are back to 1.20. 2012 = more pain for LPH holders.
The China Board has all but dried up..LPH, CCGY..toast or delist. Clients are still selling. Big changes a comin'
Got wind of U.S downgrade this week..Moodys may wait until after Thanksgiving. May have a few rough days.
RedChip has 6 months left to reach their $6.00 target. The new facility may not create much buzz..but the warrants only have about 11 months left. That may be your next real catalyst.
Don't forget this Q report is always a let down due to lower demand...as always, don't get too excited. We are going for 1.06 today.
Nice one...my kind of post.
311 ? 277 are I-hubbers.
Don't forget, nobody reads Seeking Alpha. It just get passed along to a few chat sights.
Are you understanding the We've now?
Probably not the best move...we've got it at .42-.47 at the end of 2011.
Most likely just a decimal from here through .PK
Down another 50% in a matter of a few weeks. There are not many of those left.
This stock is officially dead now..i don't see how adding another 10 or 20 cents a share with the new addition will help one iota. If it is a looser at .72 a share then it's still a looser when it goes to .85 or whatever the new addition will make it. Our forces at work are far too strong. This will fall deep into Pennyland before LPH.PK arrives sooner than you'll know.
http://news.tradingcharts.com/futures/3/3/162942633.html
I think LPH is 1 and change now. I'd buy, but i'm more of a fatalist right now.