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You may want to make some better language
Here is a quick example - I think it good you post the company website chart and annual report links - I am sure you can make it better then this but just an idea
""
OT - China Technology play CTGLE
(the symbol will soon change back to CTGLF)
As an owner of a few small priced stocks I though this would be of interest.
CHINA TECHNOLOGY GLOBAL CORP today posted their annual report and they turned the corner from a $4 million loss a year ago to now a profit as expected. The chart has shown positive divergence for months but the stock price kept getting lower as the report took a long time due to the merger last year.
Anyway the chart looks great and the company is in the logistics software business in the fastest growing economy in the world. They also have many other technologies going on now and have made good advances recently. They are controlled by Dichain Asia and Dichain Asia is a member of The China Merchants Group - the largest government controlled private enterprise in China with $billions in assets.
The annual report is here http://tinyurl.com/7fzb6
The chart is here http://tinyurl.com/9s4np
and the company website is here
http://www.chinatechglobal.com/
We expect some action in the near future
-------
so make improvements to the above and spread the word and lets get some volume going to get noticed - you know if the stock gets active it will get noticed so lets help
I called today and figured but then got nervous
Today I called and Leon was out until Monday and Eddie also and they were not in Hong Kong or China office and Frank Fan and Sifie also were out so it led me to believe that all would be fine but as the day ended.....
So now it is good to see they filed.
Now all can make mention on all related Chinese stock boards or penny stocks of interest. Company had $4.4 million loss in 2004 and a profit in 2005 so have turned the corner and remember that these results are from last March so by now we imagine actually much more profits.
We know the company may not make a press release and if they do it will soon get lost as Yahoo will have a new board again with symbol change.
So we should do our part to promote - not spam but mentioning it on boards where people may have interest as the chart looks very good and another profitable OTC stock in China.
Lets help promote this for tomorrow. If each of us picks some boards of some other stocks we like to invest in then we can spread the word.
Here is link to the pdf of the report
http://tinyurl.com/7fzb6
Here is the chart showing the Positive Divergence and recent double bottom - use these in your post is you like
http://tinyurl.com/9s4np
Lets promote!
Re: PLKC good
I prefer to buy stocks going up instead of trying to pick a dead cat bounce - it pays a lot better and you do not get trapped. If you buy at support then you can sell if it breaks
you could buy that one at 50 and sell at 48 but why not instead buy one that has been going up and has pull back on low volume to support
CXTI reported 10 cents for quarter
so they are on target to doing about 40 cents for the year
that is a PE of 5 at the moment
http://biz.yahoo.com/prnews/051116/nyw132.html?.v=36
http://stockcharts.com/def/servlet/SC.web?c=cxti,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
GTE nice move
GTE has has a very nice chart and they said they were going to give a test and they did yesterday and all was fine so stock broke out
http://stockcharts.com/def/servlet/SC.web?c=gte,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila1...
BCON also been doing sell and NVAX and SVA bird flu been coming back
But SMVD been the big winner last few days
Last year the 18th was no problem
I know they said the 16th but I am only saying that last year they filed on the 18th and it was no problem and no rules have changed
Last year it was 11/18
They filed for the extension NT 20-F on 9/30 last year - the same date as this year and then they filed the return 20-F on 11/18 so maybe they will do the same this year and file on Friday. However they said they plan to file by 11/16 and of course the is a US date not China.
We know the profits basically already though so the one more interesting will be for the end of March so hope they are doing as planed and working on that one already so it will come out shortly after the year ends.
Probably file last day - that is tomorrow
Leon Zhou said that they are supposed to file by the 16th. Last year they did it on the 18th though but he wanted to do it by Wednesday.
Prince we already know the profit
they said they expect 140k - that is good to make a profit but not much yet.
this is not yahoo boards so it is not necessary to pump here - it is also not a very "lucky" thing to do
you know where the yahoo board it and you can leave your message there..
AIRT is a thin stock may try and fil gap on a break out http://stockcharts.com/def/servlet/SC.web?c=airt,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
BTWO does not have enough daily volume IMO to play it. 600k shares ave at 0.001 is $900 in a full day - you coudl get stuck with shares
PKLC maybe to late to short but it is sure not a long
It may boucne at thsi line and coudl be played but why as there are so many charts going up so why buy one going down
http://stockcharts.com/def/servlet/SC.web?c=plkc,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
I do not do pinks
sorry I do not play pink sheets as my broker does not handle them - they can only sell them and then at the market...
On IVAN nothing compelling there for sure -
better to look for set up - I pointed some out that have done well. And try to buy near support. Example I got IFLB (a questionable company) but had interesting chart and support at 20 so today it broke support and I was out at 0.0195 so almost no loss. Now I can put it into another set up
BRVO continues to do well and is likely to continue now that Coke is distributing their drink for them.
http://stockcharts.com/def/servlet/SC.web?c=brvo,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
ELTK a China play continues to do very well and it should continue longer term as they have new cows to make new embryos to sell
http://stockcharts.com/def/servlet/SC.web?c=etlt,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
and the long term of it
http://stockcharts.com/def/servlet/SC.web?c=etlt,uu[e,a]daclyyay[de][pc50!c200!f][vc60][ila13,25,8!l...
This is the WGAT set up and see how it worked out as the buy was the test of the trend line very low risk
http://stockcharts.com/def/servlet/SC.web?c=wgat,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
and its longer term
http://stockcharts.com/def/servlet/SC.web?c=wgat,uu[e,a]daclyyay[dd][pc50!c200!d20,2!c9!f][vc60][ila...
And AIRN also the buy was the pullback
http://stockcharts.com/def/servlet/SC.web?c=airn,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
and another China play was CXTI as it recaptured the support at 0.93 and it has doubles since then
http://stockcharts.com/def/servlet/SC.web?c=cxti,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
and AOB another china play and the most recent play wast the break out at $6 and it ran over 7 so far
http://stockcharts.com/def/servlet/SC.web?c=aob,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila1...
I am still in GLIF but being cautious and sold some on last run and am waiting for another nice set up.
good to pick stocks that have some good support and buy near support as they can break but you can get out. Like today I was planing to buy VPHM as it had pulled back but it gapped down so I just can forget it for a while
DNAG have only a marker position to watch it as it had such a big volume day recently something may be up
http://stockcharts.com/def/servlet/SC.web?c=dnag,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
dovidrich
we are just rather used to this kind of thing. The former CEO when this was a paper company ran it badly out of business and into debt so Fan took over and sold the debt for asserts but that left the company with no capital so no qualified to stay on NASDAQ - so he got some investors to raise the capital but it turns out he did not ask the shareholders for permission in the first place to see the assets. Anyway delisting took place and he did a reverse merger with a software company paying about 10 times too much for it. The software company was making $1.5 million profit 2 years ago but now along with CTGLF and Fan's help they hope to report $140K instead. Fans other company Dichain Asia has bonded warehouses but company still looses money in the most rapidly growing economy in the world which is just unexplainable how he can loose money in that field. If you click the link on China Merchants Group for logistics (as he is supposedly buddies of theirs) it takes you only to competitors logistics companies with no mention on Dichain Asia except on the first page to list the stock that trades for less then one US penny a share.
The company has had 7 months to complete the annual report and to gather documents from the revers merger of 18 months ago and only in the last couple of weeks did their second accountant quit as they could not supply trustworthy documents that he was willing to use.
I think most own the stock because we have an idea that they may hire someone who knows how to run a company. We really have not real idea of how they are doing as they never have yet to give any contract information except ideas that they are working on some. We really expected at least a $2 million profit this year as that would been only a 10% increase of what the software did the year before but we guess that did not work out.Maybe next year.
Fan decided that he needed to issue 13 million shares to give himself in the name of his Dichain Asia company for secretarial services for 2 years - although Chinese workers are among the lowest paid he supposed that a $million US would be appropriate.
Fan did another reverse merger for CPICF and it looked super with tons of sales - you can still see it here http://tinyurl.com/7zbpc but a year later he said - sorry but deal did not work out so instead of the million shown to SEC we have amended the return to show only losses and now no business exists at all.
This is the current CEO of CTGLF
Of course they do not update websites or like to return stockholders inquires except for today - but for years they have said they plan to improve on all that.
So that and much much more is known about th company and hence all the short selling over the last i 1/2 years.
There are very qualified software managers who could come in and I imagine for logistics they could hire away someone form DHL or other company but Fan treats this like his personal deal regardless of how poorly he botches so much he does.
Th bright side of all that is if the company had bee run correctly the stock would be much much higher so it is our hope that at this price all this negativity is now priced in and if the company can only improve just a little bit it will frighten the shorts and the stock will rise.
We in truth no nothing of the sales of the company - what contracts they have with real outside companies as they do not like to report much about this but they are involved in may plans of things in the future so we hope something pans out.
Though Prince when The stock went up so much
a couple of years ago they had less then 40M shares out and had said there were going to "buy" a software company and the market was in a frenzy with China stocks.
now with 245 million outstanding and 500 million that can be put in use the stock cannot move so fast - and even though they are trying to file no one knows as they day is close
No JT
Eddie was not in today and the dumb woman who answers the phone never know if he will be in the next day.
I called China also but I kept getting a recording - they told me in Hong Kong in the past that the recording may be circuits busy one.. I have no idea but only a long time ago did I ever get through on 86 755 333 01818
I am not so sure that there will be any more selling if a move to pink sheets
Yesterday was the high volume day so a day that those who wanted may now be out. Pink sheet stocks have actually been very popular this year.
Stock is now down about a penny from Monday so not much change
Prince then buy
Prince you seem so sure that they will file soo so why are you not buying - price is less then 7 cents and they said they will post a small profit now and about 1 cent in March 2006 so super price - but today only $300 trades hands
yes PAX was great
I did not have it yesterday either - got it today and it has done OK about 20% - I read the news but to complicated for me so just playing the chart... it should pull back by tomorrow.
The other I will not play as I do not trade pinks if I can help it as they are not traded electronically
Re: Wow over 1 milion shares
Yes - this is good how there somehow came so many buyers today for so many shares. Even if some was short covering it shows that all buyers believe the bottom is in and on 10 times yesterday's volume and down less then 2 cents
whats that agenda
we have seen it enough
Several stock good buys
GTE looks good going back up
http://stockcharts.com/def/servlet/SC.web?c=gte
WGAT pulled back to 9-day
http://stockcharts.com/def/servlet/SC.web?c=WGAT,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][iLa...
BCON trying with obvious stop place close
http://stockcharts.com/def/servlet/SC.web?c=bcon,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
AIRN went to 9-day - it may yet go and fill gap but pretty close
http://stockcharts.com/def/servlet/SC.web?c=airn,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
and ETLT pulled back and looks line nice longer term play
http://stockcharts.com/def/servlet/SC.web?c=etlt,uu[e,a]daclyyay[de][pc50!c200!f][vc60][ila13,25,8!l...
This board caused the sell off
Only those who saw this board were the ones who put in sell orders today in pre market. I could not understand their rush to keep out bidding each other lower even before market opened. No company news so most people have no idea why the sell off today so to them it is a repeat of last time.
Some "outsiders" may have sold today as the price dropped but many more bought as they see a good price.
If any reading this board have sell orders in you may want to lift them as you are what is keeping this price down - not people who do not read this board. If you lift your sell orders the price can go back to 9. Then if you still want to lighten up below next week you have 5 days to do it gradually so as not to lower the price.
People rush to sell when price drops then they rush again to buy when price goes back above their sale price. To do better it is good to pull your buy orders when you want to buy to let the market come down to you and to pull your sell order when wanting to sell to let market go up but most do the opposite.
Re: we are ruining around like a chicken without a head
Yes dovidrich this is why sometimes those who have been holding have a better chance - we saw the dip last time to 55 and the move back up and today is a repeat but higher volume. It may close at 7 or maybe 8 as this dip is on no official news. All who bought at the low are up already up 30% - woudl be fun if it could close about 10
nice move
Agree Prince
I also wonder about that letter post - company cannot post legally on a board that kind of thing and anyway we have been asking them to reply to us and they are not even doing that so very unlikely they had anything to do with it.
Also the part that is supposed to be from Fan is just crazy and not something that someone who wanted help from an accountant would write.
Maybe the basic facts are true but Micheal supposedly wrote he could not meet with the Chairman of the Audit Committee - well planes go every day so who's problem is that after months of supposedly doing the audit.
We will see. I called the company today and could not get through to China as it happens sometimes and Eddie was not in the Hong Kong office today.
Regardless there sure is a lot of buying going on today. If it closes in here even at 0.065 it is a nice hammer and will get noticed.
I had written company about a stock buy back as all it takes is the boards approval so they may be doing it but it is also as someone said possibly shorts covering as they missed it last time it dropped as it moves up much to fast for them to buy.
Hogs is not even in the game
"I can't understand why anyone places important money in a position where it has the chance to go down "
That is because you do not even trade - you only sit and write and be a wise ass.
Stocks can get to silly levels on news longs do not like at the moment so the get under priced. Sure they can get cheaper but when they turn the turn fast - you missed the last time this went to 5 also.
You can see that 625,000 shares woth of buyers think that this is very undervalued aas a resut of the late filing and maybe move to pink so they are stepping up to make some money.
I mentioned CXTI an how people like you were saying all us buyers were idiots and it was going much lower etc - that was at .85 and now it is at 1.60
Why not put your money where your mouth is and go short or long or go away
Sell for over $1 – wait a bit
Most here who own the stock intend it for a longer term hold.
In the company projections from Jan 2005 they expected to turn profitable with about a $200k gain for year ended March 2005. Recently they affirmed that they had a gain of about $140k – close enough.
March this year ending March 2006 they expect 1 cent so regardless or exchange stock price will be considerably higher as for sure they will resolve the current report and become better at reporting.
A reason that the 1 cent is almost a shoe in is that the software company 2 years ago did about $1.5 million in profit or more then 1 / 2 cent a share. This past year was the final loss write off from the former DFCT and hence the profits accordingly.
In this current year ending in 4 months the software company only has to do about 800k more then it did 2 years ago to make the 1 cent profit. At that time we are already working on the 3 cent year. Now this is according to company projections.
The reason for bringing this all up is – if today they filed and showed the expected $140k gain maybe the stock price would go up but who would sell? I am in for the 3 or 6 cent profit years to take the price over a dollar so what it does in the mean time is really not so important.
Of course psychologically it would be nicer to have the stock sitting at 20 cents instead of 7 or 8 or 10 cent but the aim is where it will be in a couple of years not where it is now.
The growth in China is great and CTGLF announce several strategic moves during this year and them fumbling on the late filing is a real pain but it in no way changes their business or their projections.
I mentioned CXTI as it dropped so much recently and is coming back – but without many who sold at the worst time.
So think about your longer range goals here and think of all the times you wished later that you were buying instead of selling.
Just trying to bring some balance to any gloom here.
Doug 123 not that gloomy
Going for OTC to pink does not make a stock worth less really it is just another trading method. If the company comes out with the correct PR about this then not much should change. There are about 4,000 stocks on the pink sheets and many are doing well. CTGLF says they are now profitable so any no good reason for any lasting stock price drop.
CXTI is an IT company in China and they got some new financing a week ago and the stock dropped dramatically and all the boards were filled with talk of how the stock was going to 0....
anyway the stock dropped for 3 or 4 days then in the last 3 it doubled back to its former level.
To say a profitable company stock should drop lower then it is now may happen short term but it did that a couple of weeks ago also and every one was complaining how they wished they had bought more.
I think there are plenty of smart buyers who still value the company even if it moves exchanges. There were no big sellers today and maybe there will be some like with CXTI but then reason takes over and buyers come in and then all scramble to try to get back in.
funny how Bongioanni told JT months ago
that all was finished
but then buys at 88 as someone wants in
2000
4500
30000
5000
at 88
Re: well it can if just a few people ...
Well if the company did again change accounting firms that does not mean that many would sell anyway - the stock was recently at 5 cents and no one here sold so no reason to change that as most here are for long term as long as company stays on growth plan which so far they seem to be
Matt removed the Sifie imposter from Investors hub
I asked that he take action against that poster and their games - he replied:
------------
It was an alias, I've removed him; the post was read and responded to, so I need to leave it.
=======
note - him -
Remeber sarbanes oxley people
A company cannot post information on a message board - I think you all know that -
this is sillyness from a name registered today
sarbanes oxley for sure does not permit any news released on a message board -
Did you send your emails and faxes?
For most public companies if you send a letter or fax to Investor Relations you will get a replay within a couple of days.
Shareholders are the owners of the company so all employees work for them.
China Technology Group has been very slow or non existent recently in answering any email and I believe that we must keep trying. They must learn to do much better with investor and public relations.
You can also call. Mention that you are a owner and remind them they they must stay in touch with the owners and they must file the annual report.
investors@chinatechglobal.com
leonzhou@dichainasia.com
sifiefu@chinatechglobal.com
EddieYu@dichainasia.com
frankfan@dichain.com
Fax to China 86 755-33301 25
Fax to Hong Kong 852-28513660
You can call Eddie Yu at 852 2255 0688 in Hong Kong
and Siffie Fu or Frank Fan in China at 86 755 333 01330
Let them know you are a sharholder in the company and you expect a reply but be courteous.
Thanks
Please be courteous in this week's letters and faxes to company
Last time I hope that several of you were joking about sending band pictures etc. to CTGLF. You are owners of the company so it is really not appropriate to send dumb things.
I would suggest that this weekend you send a simple note and fax just mentioning that as an owner you expect to hear from them. Such as:
------------
It is a necessary practice for a public company to stay in touch with their shareholders and to have their Investor Relations Department acknowledge each letter received. This is common practice by all companies. Even if the reply is a simple “thank you for your comments” it is the polite and appropriate thing to do.
Many recent emails and faxes to China Technology Global have gone unanswered and as a shareholder and therefore an owner of the company please in the future respond to all inquires.
The Annual Report for year ending March 31, 2005 is past due and needs to be filed this next week to remain listed on the Over the Counter market.
Please inform me as to when this will be done and also please make a good press release to announce the annual report results to attract more future shareholders to the company stock.
Sincerely,
--------------------
So please send out emails and faxes so we can try to have some response next week.
In the headers or subject mention you are a shareholder with an important note. They can be sent to the four people below. Remember that these people are actually working for the shareholders so show respect even with your suggestions. Leave your name, email and fax number for them also.
investors@chinatechglobal.com
leonzhou@dichainasia.com
sifiefu@chinatechglobal.com
EddieYu@dichainasia.com
frankfan@dichain.com
Fax to China 86 755-33301 25
Fax to Hong Kong 852-28513660
Get your spam list and notes ready
OK I do not really mean spam – but we do not know how CTGLF will announce when their annual report is released. We do know they have told us that they will show a profit instead of a $4 million loss. This stock now is so out of anyone’s spotlight it will need promotion when they report a profit. Hopefully the company will use a headline like “China Technology Global turns the corner and goes from loss to profit as logistics in China expand” Well you get the idea – something maybe better then that but they need to make a splash. To help them we can also spread the word once the report is out.
If you make any posts then so it will not be spam only make a post to a board where they are likely to have interest. An example would be CXTI as they are also China bases technology. We do not know the day when the financials will be released if the market will respond right away positively or not but we do know that this stock needs heavy volume when it does move up so if you have your list ready and what you want to post then you will be all set.
Remember that this is not any pump – it is only on release of positive news and posted to places where there is interest in penny stocks or companies working in China/Hong Kong.
JT bottom was put in 2 weeks ago
When the RSI went below 30 and the next day the gap up and ran on higer volume - that marked the low.
http://stockcharts.com/def/servlet/SC.web?c=ctgle,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][iL...
BVSN - right see it died
Yes the symbol is DNAG
on the BVSN I did not watch it as it was at you mentioned buy out price so no reason to look. I guess something fell through anyway.
DNAQ a penny
I got some today as I liked the vol yesterday and the chart but thinking it will pull back. I sometimes get a position then if it moves well I sell and then wait for pullback and if it pulls back a smaller started position cuts the draw down
the base it seems to be building started a month ago
and the high volume up days were 3 in a row and not like the other times.. it is just experience that tells me the odds are good that this will hold but if it does not I will sell for a 0.003 cent loss... a third of a penny - if it goes back up then it will likely at least test the 4 cent area for a double
with these tiny prices it is all about adds. Like GLIF they got a patent on a test they are working on and soon they hope to have some cash flow on some of their current tests so was unlikely they at this time would make lower lows so buying back at 1.5 cents made a 500% gain so far
if a few plays drop 10 or 20% and yo get out it is not a big deal as ones like this pay off so well
IFLB sure seems like it may be a base
Each time in the past when IFLB shot up it pulled back and then fell to new lows but this time I think the 2 cents may hold so am buying here
http://stockcharts.com/def/servlet/SC.web?c=iflb,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila...
am tryng the standard link to see if it works here - if not then here is the tiny one of it http://tinyurl.com/89hkr
QBID - forget it
the chart is awful so no need to look at it
in penny stocks you want to see some humongous volume and either an already up trending stock or a clear trend line break. If not too far extended can be bought for a second day but better to wait for pullback to support
Actually OXFV today also did 40%
CNXT also broke out today - this one though does not make 20-40% moves
http://tinyurl.com/e454m
AOB will have its next break out at 6.04 - has been a great stock this year http://tinyurl.com/a9smc
about the best 2 stocks this year have been NTRI and VPHM and both are near new break outs
hopte that GLIF can test the 17 again - only 300% from here - ha - one day it did 1500%