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TCLL -> Another huge 10-Q out after hours Friday, should go big today and tomorrow...
One of the reasons I like TCLL is that they don't need to rely on fluff PR's to get the PPS up. They produce results. Very few companies down here can rely on just their numbers, most have to fluff and pump their stock with vague PR's. That said, I do agree that it would be nice if they released shareholder updates more often.
Now that they have produced another great quarter of results, people know that it isn't a fluke. I am most excited about the fact that they noted that the rest of the year should be just as good. People are talking now, but this is just a 10-Q filed. Lots of folks don't read those, most read PR's. Wait until the PR comes highlighting results. This could be bigger than I initially thought...
What will the PPS be 2 quarters down the road when they have produced a year of solid results?
Exactly! Plus, 2 more good quarters to come, per the overview section of the 10-Q...
If you look at it, they released the 10-Q last quarter on 5/15, it closed up. Then on 5/16 they released a PR highlighting the financials and that is the day that it blew up and hit .37. Based on that behavior I would say .47 is easy short term, however, that was their first really good quarter. Now we have two in a row, and the 10-Q points out that they expect similar results for the rest of the year. It is possible this could double from this level on Monday or Tuesday, depending on when they release the PR highlighting the financials. Because, hey, most folks don't read them, they want PR's...and when the PR hits showing 2 awesome quarters and 2 more to come, wow...
Nonetheless, very glad I bought in this week, but wishing I would have bought more...
Tons of buys going through at .115 for a while now...
Old news, but this is what makes me think the 10-Q should be positive, and why I am holding for next week...
China Direct Projected First Six Months Revenue Top 11,000,000
Contracted Sales Up 2300% Over 2005 Same Period Sales
COOPER CITY, FL, Jul 10, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corp. (OTCBB: CHDT) today announced preliminary top line revenue for the first six months of 2006 ended June 30, 2006 of $11 million, an increase of over 2300 percent as compared to revenue of $465,000 reported for the first six months of 2005.
First six months 2006 results include $10,750,000 from the sale of power generators by Complete Power Solutions, LLC, a China Direct majority-owned subsidiary, (CPS). China Direct consolidates 100% of CPS' financial results into China Direct's SEC reported financial results. Actual financial results for this period may vary based on auditor and other adjustments to the final, SEC-reported financial results.
"China Direct is implementing on our vision and we are pleased with the outstanding progress our operating subsidiaries have made in terms of sales. For the second half of the year we look forward to seeing our new subsidiaries add to our revenue growth such as Overseas Building Supply with roof tiles and new Complete Power Solutions subsidiaries," said Howard Ullman, CEO/President of China Direct.
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release is incorporated into or is part of this press release.
FORWARD-LOOKING STATEMENTS: This press release, including any financial information and projections, contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect and actual results may differ significantly, materially from those anticipated results set forth in such statements. Current revenues and revenue growth is not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company (and as such is deemed a "highly risky investment") should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein.
Contact:
Rich Schineller
941.918.1913
rich*chdt.us
SOURCE: China Direct Trading Corp.
CONTACT: mailto:rich*chdt.us
Copyright 2006 Market Wire, All rights reserved.
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SUBJECT CODE: Lifestyle and Leisure:Family
Travel and Hospitality:Tourism
Retail:Consumer Interest
Real Estate and Construction:Construction
Agree, CHDT is looking primed right now...
Agree, CHDT could really move with a positive 10-q...
From reading their latest PR's, the financials should be positive...the next few days should be interesting...
That is the idea. With these ultra low floaters, with enough money, you can buy up the float, putting the MM's in a position where they are forced to cover any shorts. Which drives the price even higher. Then we can all sell when the MM's are buying to cover...keeping an eye on this; the volume today was odd...
CHDT - looking for a gap and continued upward trend tomorrow...
Thanks! I have been reading your charts for a long time now, thank you for posting them, they are insightful and have helped me learn charts much better, appreciate it!
Mind if I post this chart on AS? I will give you credit ;)
Looks great for tomorrow and monday, I am in again!
CHDT looks goood for a gap up as well
anyone looking at any late day buys for a AM gap play tomorrow...?
http://www.myfoxorlando.com/myfox/pages/Home/Detail?contentId=551720&version=1&locale=EN-US&...
I was able to play it just fine. Very cool actually. The newscast said they were talking with the CIA, FBI, etc, regarding the Bio Key. I have done no DD, just watched the stock for a few days and saw the interview, pretty cool to see a stock I follow on the news.
The volume isn't there because this is a sleeper IMO, not many folks know or care about it...they should, but they don't. Look at last year, they filed the 10q on 5/15, price went up a bit...then on 5/16 they highlighted the results with a PR and it skyrocketed.
Point is, only a few savvy investors read the filings, fewer yet are able to interpret them. People want PR's with glowing results, that is what will drive the volume and price IMO.
Today, you witnessed a standoff between those waiting for lower prices to buy, and those holding for the news and higher prices to sell at. Neither happened due to the standoff, so not a lot of buying or selling.
As far as the results go, they don't have to be better than last quarter to make a positive impression. As long as the results are positive, this should fly, as it will be 2 quarters in a row with positive results...JMO...
agree sage...thing is, there are a lot of impatient investors, as well as flippers, that were waiting on that 10Q, it didn't come, so there is a possibility of a buying opp tomorrow or later in the week IMO...
Impatience may lead to a small drop in price, if it drops below .30 on the ask I am loading up...
Last quarter they filed on May 15th, and then released a PR highlighting the financials on May 16th. TCLL exploded on May 16th. I expect the same thing to happen here. 10Q will be filed tomorrow, then a PR will follow on Wednesday. Just my opinion, but makes sense...let's just hope the news is positive. Even if it is lower than last quarters earnings, positive financials for 2 consecutive quarter should make this pop nicely...
ARCA is an ECN just filling buys for someone, don't worry, it's good that's it's there, means big buys...
I'm in, news should be positive and should move this higher...
think this will gap up tomorrow, and maybe continue the run like back in september/october 2004?
not sure, but the chart looks just like it did 3 months ago when it ran 500%
http://stockcharts.com/h-sc/ui?s=CBAY&p=D&yr=0&mn=6&dy=0&id=p10956970548
looks good...
this may be a good entry point...
when the next storm hits, I think you are right.
volume is still high for this stock, so people and MM's are loading up. watch the L2's, there is buying at every level, high or low, just like yesterday. Chris dissapated and brought this down today, I view it as a gift...
nice, ECCI is ready to bust IMO...
StockDoc's Hot Tip
THURSDAY AUG 3, 2006 STOCKS TO WATCH TODAY
The following stocks received the most buzz on the internet message-boards, blogs, newsletters, and pick sites.
HURRICANE RELATED STOCKS: GV, BUGS, NLST, ECCI
agree, ECCI should be big for a while, solid for the rest of the week for sure! It's just now starting it's run, highest volume day on record today!
yes sir, ECCI will likely gap up tomorrow, lots of folk want in IMO...
Thanks! I have lurked here for a while, post rarely. Thanks for your work on the board and always posting charts (here and other boards). I have gained insight from your charts many times before, much appreciated!
what a chart for ECCI! Thanks for posting that MOMO...biggest volume day EVER for ECCI, that's huge, gap and run tomorrow IMO...
Agree on ECCI, it had it's biggest volume day EVER today...even bigger than when it ran to .75 during Katrina...that will set off some radars tonight, plus it looks like Chris will be a Cat 1 hurricane by tomorrow morning...gap and run tomorrow...
that was a HUGE volume day for this stock...going to hit radars tonight, plus the looming hurricane, macd and rsi are bullish...gap and run tomorrow IMO...
I could definitely see it breaking .2 tomorrow...NITE is currently sitting at .197...there will be some chatter about this tonight with TS Chris approaching and about to gain hurricane status tonight...
ECCI looks good for this week, as well as the next couple of months...tropical storm Chris is on it's way now and is likely to be a hurricane in the next 24 hours according to the weather channel...
I am in as well, this should be big this week and over the next couple of months...
not yet...I wanted to see how today played out, might jump in EOD as this could gap up in the morning...I am a daytrader, in and out of stocks daily...GLTY!
looks like it could, however, it is getting pumped by a few...hopefully they don't dump it before it finishes it's run...I think it has a chance to increase as the record date for the split approaches on 8/3...
huge today...
I think it could go much higher, could be tomorrow, could be when the '06 final financials come out, who knows. I am out for now as my exit point price hit unexpectedly (sweet when that happens) this morning. I will watch for a dip to get back in, which could also be tomorrow, because I like what is going on with this company. good luck to the longs!