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.
polaris - write to them
I posted the email addresses yesterday -
write to the company and suggest to them that they buy back some shares and also put out some press releases. Does no good only posting it here but may help if you send to the company
EddieYu@dichainasia.com, frankfan@dichain.com, leonzhou@dichainasia.com, sifiefu@chinatechglobal.com, investors@chinatechglobal.com
yes tibbsc - write them a note
I sent an email yesterday suggesting that now that we have very good volume there are many buyers who are interested and an excellent time for the company to make some press releases and let everyone know that things are going well
Just send them a note to wish then well and suggest they support the stockholders buy making some press releases starting now on a regular basis and keep their website up to date.
It will only take you a couple of minutes to write a note and it may help. Just keep it simple and congratulate then on turning profitable and suggest some promotional press releases while we have momentum and good volume. They should have put something out about 3 days ago when the buyers were fresh in their new trades. The stockholders need to be kept informed and we need to stay on them about this until they do it. The buyers just need a bit more confidence and the company can give it.
thanks - please do this and help out
you can send one letter and just put a comma between each name so each receive it
frankfan@dichain.com, EddieYu@dichainasia.com, leonzhou@dichainasia.com, sifiefu@chinatechglobal.com, investors@chinatechglobal.com
Testing the 50-day EMA - normal
The stock ran into resistance at the 200-day EMA so is pulling back to the 50-day - very normal - had a name - 50-200 pinball as the stock builds strength to break above the 200-day in the future. No reason to think it going lower JT - no need for such negativity on the pullback -leave that to the bashers.
http://tinyurl.com/aqreg
Yes - China will become the number 1 economy probably within 20-years so owning companies doing business there is good
Re: Time and Sales
JT that T&S info is not useful as it does not show the did or ask so you cannot know if it was a buy or sell
use quotettracker or one from your broker to see all
http://tinyurl.com/8sgre
mvernail
those trades are not any secret signal of any kind..
there is such a thing as a telephone
Re: I sold
hope you made a nice profit
Interesting how CESV is down this year from 29 to 9 so a little more then CTGLF going from 28 to 12
both stock have doubled in the lat month or so
Would be good time for company
right now is a good time for the company to start some press releases while there is some good interest in the stock
It would not hurt for all to write Sifie Fu the Investor Relations Manager
sifiefu@ChinaTechGlobal.com
and/or
Investors@ChinaTechGlobal.com
and the company secretary Eddie Yu
EddieYu@Dichainasia.com
You could congratulate on past year and mention that with our promotion we have helped raise the interest in the company and it would be an especially opportunistic time for the company to begin releasing press releases as so many people now are interested and it is important to do it when you have an audience and technically the stock is at the 200-day and has broken about a trend line.
Any money they spend to send out company information now will be well worth it.
Please take a few minute to write the the company
thanks
Yes stock did well after is double
stcok has doubled in a week and today stayed above trend line and last week's highs
http://tinyurl.com/aqreg
Volume was very high but closing so well is a good sign.About 100k got bought at 12 near the close - what we used to see in a full day
IF it can stay between 10 and 14 for a few days a base building will be good for s move higher and if the company comes out with news it can launch it.
Re: we've seen 31 trades that were 10,000
"hopefully we can reach a volume of 1.5 million by the end of the day:
No! we do not want big volume on down days - we want it on up days.
These sellers have been around for over a year so we are used to it. Need some news to bring in some new buyers.
Yesterday the run up at the close was just a set up for today as it went to 13 for several buys then 13.50 on 2000 shares then 14 on 1000 shares.
Would guess that some shorts covered on the run and then today sold short again. This stock does double every few months and one of these times it will retrace then move to higher highs.
The 200-day has been resistance a long time but each try to break and stay above it out a crack in the resistance so one day we will just stay above it.
Right now we would like to see volume become less on the pullback then build on the next move up
Chart
Posted before - making gains - some consolidation would be good though as the moves up a penny like today on 5k shares near the close is not really that helpful for longer term. If some pullback - backing and filling is done it will help build support
http://tinyurl.com/c2sd6
right not exactly an MM
Some trades can be made directly through ECNs from one trader to another like with NASDAQ and some NYSE stocks. Really MMs are not needed at all on many stocks - the only times they are needed are on very lightly trades stocks
lets say you have 25k of a stock that trades 1000 shares a day - would be tough to sell with no buyers but an MM is suppose to "make" a market so he would buy your shares even if he does not want them then later he will sell to someone who does.
My broker on OTC stocks only sends orders to ARCA or NITE so I can decide which but ARCA often with CTGLF has few orders
The AMEX uses MMs named specialists like the NYSE but they are worse many times then MMs on OTC stocks - though on the AMEX also there are many stocks that can be done on ECNs - hopefully over time all stocks even pink sheets will be handles on ECNs more of the time
http://www.tradearca.com/default.asp
ARCA is Archipelago
an ECN Electronic Communications Network
similar to
SelectNet: This is a negotiated system maintained by NASDAQ. SelectNet is a dialogue between you and the market makers to reflect a bid or an offer. Select net's main asset is also its biggest drawback. It is invisible, thus allowing you to bid or offer between the spread without causing an uptick or downtick; however, only participating market makers can see your order. Depending on your trading style, this system may or may not be a beneficial tool. TurboTrade customers use Archipelago (see below) as a means to interface with SelectNet.
Archipelago : This is an ECN maintained by Terra Nova Trading. The intuitive interface provided with your software will, in effect, determine which market participant is most likely to execute your order, and send a preference order to that participant.
The Island : This is a self-maintained ECN. It is similar to Archipelago, but without the intuitive interface. The order book seems to be the most liquid of the active trading ECN's. However, you are likely to receive partial executions on your orders that may lead to additional commissions.
Super DOT for NYSE and AMEX securities : The New York Stock Exchange uses a system called Designated Order Turnaround (DOT and Super DOT). This system can be used for market and limit orders (with limitations as to size) and covers both round lot and odd-lot orders. The Super DOT system allows orders to be entered on the branch level, directly into the computer execution system. The order bypasses the floor broker and goes directly to the specialist for execution. The order can be executed quickly and efficiently and be reported directly back to the branch.
Instinet (INCA): Instinet is maintained by Reuters, Inc. and is widely used by institutional traders and Wall Street market makers.
Usually if you route your order to an ECN that has a matching order you get an instant fill as no human steps in the way
Please post chart link to others
Now the chart look much better as volume has increased - soon may be short term oversold but a couple of sideways days or even a pullback will help in base building. This chart shows the short term targets near 30 where it was earlier this year.
If you can spread this link around it may help bring in some more interested people
http://tinyurl.com/cwyr5
FORD looks like a turn
FORD whent just below 14 today and near enough the 62% retrace and support to buy - then it took off when all decided it may be the bottom
http://tinyurl.com/dm4rb
Re: How can you tell
How can you tell with the volume if its retail buyers or MM's covering?
I do not think there is much if any trading by MMs at all on the stock - sure, if peeple are placing market orders then they will make the spread but the volume is tiny and I bet the MMs do little also
And forgot
Had been looking at the Chineese site and some may have not looked - here is the management team - using babelfish to translate - you can get plugins for Firefox and Maxthon browsers to traslate using babelfish or WorldLingo
http://tinyurl.com/cz22b
Did not call Leon yet
I wrote a long explanation again about things they should or could be doing and other things but need to edit it. Then I can call and tell him to please read it.
Many of the things I went over with Frank 1 1/2 years ago and all of those things were dead on. It is hard when no in person to move someone into action.
Not really MMs
Actually though sometimes MMs do mess with the prices it is mostly on market orders. As long as you put up a minimum of 5k orders they will show right away on level II if they are the top
anyway the vol is tiny on this advance but note how the RSI had again gone below 30 on Monday and that is usually a good place to buy. And note the the MACD line have now crossed over again in a positive way
What has a couple $ million in sales and
and profits of at $200k and have a few hundred million shares and trades for about 30 cents - NEOM
So on first glance yo look at the sales of CTGLF and think maybe it is fairy priced as price to sales is so high but when you see ones line NEOM you see that the stock should trade at what it is worth in the future not today. Of course NEOM is not worth 30 cents today and was for sure not worth 70 cents on the run up from Tobin Smith pump however the movement brought out the masses of traders and they have been willing to support it at its current level as they see the future not the current situation.
Actually NEOM has 460 million shares so it is trading at a price to sales of over 60 - if CTGLF did that it would be trading at 57 cents so it is not about current price to book or PE of price to sales - it is only about perception of the future and no one has been convincingly painting that picture. Once people can get the idea that the company will become a leader then the price can rise.
When Tobin first sent out mailing on NEOM about 14 months ago that stock was at 7 cents and it sat for quite a while before people started to catch on that the company really did have potential to be a few buck in a few years. The 1,000% gain to 70 cents took many months but was great and at some point it will happen again as will the rise of CTGLF. The other thing the pumping did for NEOM when the traders came is permanently raise the average daily volume now at about 2 million. With that kind of volume you trade with a spread of 0.001 and not 1 cent that is sometimes the case here and you do not see 10% moves on 500 share trades.
We need to get a Tobin on this stock...
Thanks JT
Did you ask Eddie about business?
They are now less then 4 months from finishing the year and their projection made 10 months ago is for sales of $6,800,000 and profit of $2,100,000 or about 1 cent a share - that is the most important question.....how are they doing with sales?
They really need a new Manger CEO or President - not important what name but someone who has experience in software company and in government contracts would be a plus or course.
Sarbanes Oxley 404 stuff is for accountants it requires some internal planning but getting contracts and making new applications is the business at hand not the little stuff.
If he let you know about sales and or what is going on with the $6.5 mil deal supposedly coming from Dichain Asia and the 51% buyout of Shenzhen IER Digital SciTech Co. and the buyout of Centrans.
These are things important for them to let us know about. Obviously thinking about listing on AMEX is no worth thinking about until they can get some sales growing and some good regular information flowing.
PrinceCove - over there?
he is not anywhere just said he did not want to post on board any more
Re: Well, ARCA back with strong bid.
Strong bid? - I put in an order for only 10k at 0.087 after buying some at 9 cents - have enough shares now - that is not much of a bid - though today not much volume anyway. That is the problems of course - some day traders buy 50k shares at 8 to 9 or 11 and when they decide not to hold there are no buyers so they dump at whatever the bid
ChinatechFaith seems to have stopped today after nice run but China Expert Tech dropping after they reported 10 cents profit for quarter so a PE now of about 3.5
It takes only a couple of minutes to write a congratulations note and the suggestion that they make a good press release to let the word know about their profitable status.
Thinking it will do no good is complacency.
investors@ChinaTechGlobal.com
LeonZhou@Dichainasia.com
EddieYu@Dichainasia.com
I have that one and CRAY adn PFMS
GZFX has been in a tight range -
But - guess it has a level to break at about 0.0178 so will see if it can do that
http://stockcharts.com/def/servlet/SC.web?c=gzfx,uu[e,a]daclyyay[dd][pc50!c200!d20,2!c9!f][vc60][ila....
CRAY from last week has nice move today
http://stockcharts.com/def/servlet/SC.web?c=cray,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila....
and IIJI continues also
and PFMS bo
http://stockcharts.com/def/servlet/SC.web?c=pfms,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
macdrsirules NTRI
Glad you got some - it is now completely above the top Bollinger band so expect a pullback or sideways action as RSI is also overbought.
On CPICF I wrote earlier that this is a play on the idea that some deal will be made with the shell so I bought the stock for that as there is no company business at all now. If nothing is done then it can sit or it could die of course but I will look for 1000% - %5000 if something is done with the stock. Remember the lat deal that fell though a year ago was in line to do sales of $12M this year. There are certainly many private Chinese companies in the drug/medicine are that may like a fast track to become a public company.
It is a gamble but the CEO has a history of doing mergers and we know they are tying to but something together.
73% - that was fun
Thanks JT an our sister up 73%
I had never heard of that radio station but tuned in when you mentioned it.
CPICF our sister moved 73% today on same volume as CTGLF
it often trades 0 to 500 shares in a day - I guess my buys helped--- it is only a risk play
and CTGLF closed ok also s it would be much better if we can stay at this level a week even or more and build a nice solid base. That is what can bring in bigger buyers. I know when I see a stock with a solid looking base I am much more willing to buy more shares.
Got more CPICF today
there was finally some shares for sale so got more - figure may hear something by end of year so will buy as shares are available
all those who trade the stock know
all the traders of the stock know they are profitable as they announce it in September but there are to few traders. today about 20 trades.
Fran Fan does not care for traders though I explained that from traders you can build a base of shareholders. Many people get in a stock for a trade then stay or keep some shares for longer term - but as you say with no promo no new traders and some old ones go away.
We still have a seller also but at least some buyers at higher levels so far. The annual report showed the profit came from investment interest and since that was a year ago by now they should be making good money on software sales so should let us know. They reported 210 employees for software in the past and now 80 so they are saving a lot on that.
This backing and filling is fine as sideways moves the candle over to leave room for the Bollinger band. As you can see on the chart that each time the candle has gone to far able the bands it pulls back so I like there to be some room to run on the next boost.
your feed issue
some I guess do not have good data
the quotetracker program is free or a small fee for no ads at quotetracker.com
it works with almost all broker and data provider feeds
I like its level II and raw data windows better then any others
anyway you will not need to question if the trades are buys or sales if you see the raw data (time and sales)
here is a screen shot of today's trades showing both windows
http://xs.to/xs.php?f=ctglfqt.jpg&h=xs55&d=05465
CRAY looks good over 1.35 on volume
http://stockcharts.com/def/servlet/SC.web?c=cray,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
YHOO and MOT and the other
I talked of YHOO and did not show chart - it broke its 1 year congestion so now its target is the same height as the former height of the range so new top should be about 48
http://stockcharts.com/def/servlet/SC.web?c=yhoo,uu[e,a]waclyyay[df][pc50!c200!f][vc60][ila13,25,8][....
and MOT close to bo also -
http://stockcharts.com/def/servlet/SC.web?c=mot,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila1...
http://stockcharts.com/def/servlet/SC.web?c=mot,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila1...
on that OXFV it is weird - the first part of doing a split is good long term as it reduces their shares but wrong amount - they have 400M now and would have 1m which is nuts - so then they want to issue more to have 200M again
so now at 0.004 and 400M shares their market cap using all shares even ones not outstanding - is $1.6 million but if they do a 400-1 the price would be $1.60 per share and then 200M shares or $320M market cap using the issued but not outstanding shares - it is silly for sure
I would never hold right after a reverse split anyway as they almost always fall after the split
Forgot the QDEL chart
watch it as it may break soon - hopefully to the upside
http://stockcharts.com/def/servlet/SC.web?c=qdel,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
JT on GOOG - it may be oversold but it has been for a month - oversold stocks often get more oversold and it has room to the top B band and it is in one of the hottest sectors in the market - look at YHOO
It is IMO almost always a fool show shorts a strong stock - it is like a person always trying to buy a weak stock as it goes lower.
If you buy at a break out - like GOOG now over 400 then you keep tighter stops but that does not at all make it a short. Not only that but are you really thinking of trading a $400 stock...
In shorting one of the best is to shoat a stock when it breaks support then rallies back to it on weak volume - just the opposite of buying a strong.
The other thing is we are in the best time of the year for stocks and in a super rally so not a good idea to short any stocks really at this time as shorts do not make as much as longs anyway. A stock that goes from 5 to 10 you make 100% going long but a stock shorted from 10 to 5 you make only 50%-
Stocks have been on fire for 2 months now so better to wait for a trend change after the new year likely - Feb or March maybe latest and then play the shorts - the trend is your friend
CNET while I think of it
Has a nice flag going so an easy place to watch for a break out higher
http://tinyurl.com/bgn7w
AIRN continues after its test of support - I love the pullback plays
http://stockcharts.com/def/servlet/SC.web?c=airn,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
WGAT sold on the $1 move but got back in at the 9-day with stop below
http://stockcharts.com/def/servlet/SC.web?c=wgat,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
CPST - funny
Jim Cramer has been pumping CPST for some time - it is a money loosing company and looses more the more it sells so not sure why he pumps it but maybe he knows something? Not important but I wanted to buy the momo on a pullback to dill the gap so was watching on Qcharts live and bought at 3.55 when it filled the gap and it went up 10% great.
http://xs.to/xs.php?f=1711cpst2.jpg&h=xs55&d=05464
But when I looked at stockcharts I realized the gap was not filed so I got lucky. I had extended hours checked so my candles included the hours after the close and before the open so the candle shown does not exits in normal hours - compare
http://stockcharts.com/def/servlet/SC.web?c=cpst,uu[e,a]daclyyay[db][pc50!c200!d20,2!f][vc60][ila12,...
Anyway it gave me 10% and I will hold with a stop to keep at least 5% of those profits - love pullbacks in a strong market.
CXTI also pulled back again - I love this stock - it did over 140% after the last pullback buy.
The company reported 10 cents for the quarter so looks in line to do 35 to 40 cents for the year and they got financing so that they can pay for the equipment needed to do their big installation contracts.
Am watching for a new entry again - it closed at the 9-day so may reverse but it is a nutty one for sure as if they continue to perform then they may be $10 or so and really shake up the shorts... just playing it as the chart predicts...
http://stockcharts.com/def/servlet/SC.web?c=cxti,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
Also as far as setting up message boards the simplest is to use on the the may free ones then if you like it you can host one on your own site as the yearly cost of your own site is about $100 year - here are some free places to set up boards
http://www.google.com/search?hl=en&hs=eqi&c2coff=1&client=firefox-a&rls=org.mozilla:...
On CPICF - I could not buy yesterday as a technical prob late in the day but hope to be able to add today or next week.
This is a spec play as I know they are in talks trying to put together a deal - maybe they will not be successful but they are spending over $100k a year to keep the name and OTC listing as they think they will find a partner. Remember that Fan has over 67% of the shares and he is willing to give many up in a deal so at 3 cents the company is at $1.35 million and as a fully compliant shell it is a very good situation with only 45 million shares and not many available this could move quickly if they do a deal. Fan may be an awful manager for business but he can pull off stock deals. This could go to a buck a lot easier the CTGLF with such a low number of shares and an tiny number of available- but since there is no current business - they may not pull off any deal at all so the money could be lost. A couple of grand at 3 cents buys 66k shares and you could lose 2K but if they pull off some reverse merger like they tried before the stock could be over a buck also - to me I am willing to have a few of these high reward plays in the works as it only takes one to work out.
You will note that on the Dichain Holding website they still list Pharmaceutical and CPICF and you will also note that this is one of the hot field in China (AOB) and China Merchants presently has no representation in this field...hmmmm - think it is likely that some deal will be made as it is a cheap way for an existing private company in China to immediately be listed on the US stock market and registered also already in China with all the books in order.
This is not a pump as obviously there are not enough shares to mean to much but I have accumulated some shares over the last few months on the days it even trades. They have no business at all so it is only based on the knowledge that they are looking for a deal and the fact that Fran Fan made the last one and the one with a totally worthless and debt ridden DFCT and was able to create a company -Which would have been fine but he got greedy and issued himself a 185 million shares too many - but think he has learned his lesson and know on this he is willing to give up some of his shares in a deal. - He also did the former deal on this company though it ended up falling apart - and the did the original one before DFCT with Dichain Software and one now working on with IER Digital SciTech Company - so it is well known he is a company deal maker on creating or merging companies and they are actively looking for a deal now so to me worth some risk capital knowing how Fan has a pocket full of companies he has created and only one that is available to reach the capital markets via a OTC stock that could quite easily switch to AMEX or NASDAQ if the right deal is found.
Re: macdrsirules somewhat bewildered...
You wonder why the stock price did not go up a lot today is likely that the earnings were actually given Sept 30 at the end of the extension request:
"The Registrant expects to report a net income of approximately $147,000 for the year ended March 31, 2005."
So the news was not new so price movement will at some point here start to be based on the future and not the past and when that happens the price will rise.
The company could help this along by starting using publicity again as soon as they begin to receive some contracts. They have said they are working on several things but we have yet to hear more, such as the up to $6.5 Million deal with Fan's other business Dichain Asia and the 51% buyout of IER Digital SciTech Co announced in July.
The filing of the annual report though should help in stabilizing the base as it shows a good cash position and a profitable start.
The price is at a point that when they do sign some nice deal and publicize it the stock can move very fast and when that happens you need to already be in the stock or you miss the largest % of the move.
Last January they published their projection and Dr. Fan gave also in a audio interview.
The estimated sales were given at 1,670,000 and profit of 210,000 and actual turned out to be 2,253,000 and 147,000 so sales a bit higher and profit a bit lower but for this year ending March 31, 2006 the projection is for sales or $6.8 million and profit of $2.1 million and that is also what he said in the interview. Further years have the big increase in revenues and it is when the stock starts to be priced for the future that we will see the big increase. So when GOOG was at $80 it was priced for that current year but when the public saw they were making more money each quarter they now price the stock for 2008 or so.
When some bigger buyers decide they want to hold CTGLF for the bigger gains down the road then we will see the movement - right now there is only a few buyers and some tiny day traders scalpng for 2 cent moves. Yesterday there were only 48 trades so cannot expect much to happen. Another China Technology stock as an example had 343 trades and it was a slow day for it.
yes aqua - can take some time for huge gains
when you look at a chart like this one going from a buck to 35 in a year and a half you wish you had bought - but that is like CTGLF now moving from here at 10 cents to 35 cent.. same % move so it may take a while but worth the wait..
on this weekly chart you can see that sometimes there were pullbacks or boring weeks where the stock did nothing and for sure many sold...
http://stockcharts.com/def/servlet/SC.web?c=NTRI,uu[e,a]waclyyay[d20040417,20051217][pf][vc60]&am...
CNTF China Play but now over bought
this one broke out on good earnings yesterday and has nice follow through today but note how it is over bought above the top B band and RSI above 70
http://stockcharts.com/def/servlet/SC.web?c=cntf,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
IF it pulls back to the break out pice it may be a ncie buy
dovidrich
look at a chart like NTRI as an example - y9ou can buy close to trend line and sell if it breaks
http://stockcharts.com/def/servlet/SC.web?c=ntri,uu[e,a]daclyyay[dd][pc50!c200!d20,2!c9!f][vc60][ila...
$17.40 was the last time I profiled it at that trend line and it still keeps going
HOM is a good one and will break out again over 6.60 - buying on a break out with high voluem then puting a stop a bit below the 9-day is low risk
http://stockcharts.com/def/servlet/SC.web?c=hom,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila1...
There are a lot of stocks that you can trade or hold. Gold silver and palladium stocks have been grea for a month or so with over 70 of them up today
ones like PMU GBN DROOY EGO BGO DEZ GSS AUG CEF NSU NXG -- these trade in cycles being up a couple of days then dropping but pick a good chart adn trade some one days like thsi wehn you can buy a basket of them
Re: I AM JUST TRYING TO
Over on the CPICF board we post many stocks that are going up - there are many stocks that are in long term uptrends - they may not move real fast but it seems you do not have enough diversity - it is good not to have more then 8-10% in each stock
you can also buy near suppor using tight stops so it stock drops below support you are out and do not ride them down