THE ONLY WAY IS THROUGH GOD
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See this chart! On Balance Vol and Accum/Dist
http://stockcharts.com/c-sc/sc?s=BFAR&p=D&yr=1&mn=4&dy=0&i=t76827199999&r=1355675507537
ACCUMULATION!
I completely agree. 10-K's are a comin' by March 31, 2013!
All 10-K's by March 31, 2013 will be filed. The time is rapidly approaching folks!
We have a better understanding now as to when BFAR is going to file the 10-K's. That was then and now is now.
8 to 10 bagger once 10-K's are filed.
Mark this post!
Next week Bid .09 Ask .10 then Bid .08 Ask .09
I see this unfolding next week! That's right. Time to garb em shares for under a dime.
Bookmark this post.
Someone is offloading shares on a daily bases for $$$$$$$$$. Look a the chart and you will see that a lot of shares were sold over the past month for under a dime and a nickel.
Buys 3,000 Sells 40,858 as of 12/14/ 2012
http://ih.advfn.com/p.php?pid=trades&symbol=FCPG
Fcpgalltheway, perhaps Wang will have sympathy and put out some fluffed PR's for yall. That may prompt the share price and possibly may be the pivotal point for this stock. I would think timing would be of the greatest essence though so I don't believe that December would be good timing. The rest will have to be supported with fundamentals and paydown of debt, etc it the stock is to change it's directional trend though.
As far as why those bad things happen is as you said complicated and goes beyond what humans can comprehend. Some say it's an unforscene occurrence while others beg to differ, etc. I read a couple of great books in the past written by Michael Newton which answered a lot of my questions in relation to such bad incidences. Sure made me think differently...
Well our hearts go out to all the families of the victims and hope that they will be comforted with the prayers of God. Hope there was no one here that had a family member that knew those families. Pretty sad for the families.
With that said, let's hope we can get some BFAR news soon!
Fcpgalltheway, you live by or in connecticut. Have you heard or seen what people are saying? If so please tell us. Thanks!
Will tomorrow be Bid .09 Ask .10? Wang must surely love yall for hanging in there while taking a short-term beating on your Chinese investment! With that said, the strong charismatic leadership from Wang is becoming more and more clear and evident everyday as shareholders/investors remain updated and in the light as a result of some or share I say numerous emails to him. Right?
Bid .10 Ask .11 The selling pressure continues. You could of sold at .19 or .17 or .15 or .13 etc, and rebought at .10. No wait. Later I'll be saying you could of sold at .10 or .09 or .08 etc, and rebought at .05. LOL!
Buys 5,300 Sells 68,566 as of 12/13/2012
.05 could come sooner than I expected!
Once the 10-K´s are filed this stock will smash through the roof. there is no telling were it will end up by the end of the day. Could be a 10 bagger that very same day.
Fcpgalltheway, my wife told me that your a good guy and that she hopes you will be rewarded soon with FCPG and all. She also told me to appologize to you for any negative remarks that I made towards you. I told her that you knew it was all for fun intended purposes and that your an easy going guy. Take care man.
Looks like another Bearish Pennant is forming. As you know, it´s all down from there. See yall at .05.
My bet is that the 2 years of 10-K´s will coincide with 2012 10-K which will be filed by March 31, 2013. However, we should be getting updates as to the status of all this. Once the filing does occure we should see the stock race up to .50 in no time.
My best half, that being my wife, told me not to invest in this Chinese stock. I told her that it is too late and I already invested heavily on this stock. She gave me a smile checked our trade account and said not!
Fcpgalltheway, looks like Santa Claus came in and bought a few shares right after the sell at .11. LOL!
Fcpgalltheway, none of us wants to be poor, but unfortunately those that bought at the higher end has lost a lot of money here. I hope you recuperate your losses and more. With that said, I would think that Wang ought to be more aggressive in building the company by acquiring sub companies that would contribute to net income. I know that takes money but the banks that they have loans with can very well increase their revolving credit limit if FCPG´s financials justifies it. Wang can provide them with a detailed winning plan indicating which companies he is planning to aquire. Have you ever emailed Wang about this possibility?
Wow that´s a 433% or a 4 1/2 bagger. Now think of where this stock will take off to once BFAR files with good finances!!
Well, no one sold for less than .047 and .048 as the rest were, `sells´ for .052 and above.
1dmg1, let´s be very clear about not examining the facts issue. I always examine a stocks fundamentals and technicals before buying or selling stocks. As far as forming a wishful hypothesis, i always gather information first before laying out my opinions that support my argument. I do this by deductively formulating a hypothetical argument from information obtained. It´s is a standard practice and protocal in my line of work, that i have been doing for years.
1dmg1, there is 2 1/2 weeks left in the month of December and the potential for investors to offload shares of FCPG in order to offset gains from other stocks remains high. With that said, my order stands at .05 with the possibility of having to modifying my bid. Time will tell. What I am trying to say is that any given day we may have a big drop followed with a recovery. We just have to keep alert for changes. Those that are willing to take a chance will buy while the rest will stay cautious and hold unless they have a stop loss in place.
Those were not sells. For example, I was able to buy on the bid at .047 and the ask was at .054. I got around 35K shares. So what you think is selling is actually buying. I did the same on another day when I bought at the bid of .048 and the ask was at .056. I got around 45K shares and yet when I looked under the advfn dashboard located under trades, my buy appeared as a sale. So in again, in reality what apeared to be selling was an actual buy.
Since the chances of dilution remains high my bid stands at .05!
Enough said for now!
Looks like a good amount of buying occurred today. Hummmm I wonder why?
BFAR looking good. Come get your cheap shares!
fcpgalltheway, thanks for that link. That is about the best thing you have done for this stock board in promoting a program that will actually make you money. Unfortunately with this stock, all of your past predictions have failed. Now, i know that is a hard pill to swallow, but it is true regardless of your good intentions.
I really hope that you have saved money like I asked you too and will be investing in other stocks which have taken a beating from the overall market conditions but are cash flow positive and have plenty of cash on hand that outweighs their debt. I don't keep all my cash in one stock. See my profile under my stocks, if you wan't to see what other stocks i would recommend and the ones i am playing with by trading in and out.
Why do i say that? Well simply because i have learned that if something doesn't work, than you must find someway to fix it and then fix it. As you have learned from this stock, what you have posted in hopes to attract investors has not worked well. It's a broken strategy simply because the stock price has not trended up but down. However with that said, there are many other conditions that have caused this stock to move the way it has. One of the greatest factors is the overall liability or debt that this company has in relation to it's unrealized and realized cash on hand.
Now perhaps this company will begin to pay down that debt with net income they earn and market capital by selling stock, but the way the lateral can occur is by dilution at this time. Perhaps i am wrong and this stock will start taking off. I don't see that happening this month though. It would be bad timing for the MM's if they were to do that. However, like i have said in the past, i do see that happening, but not this year.
Have a good day fcpgalltheway and good luck.
Durand, if you have been following this company you will notice that this company takes it's sweet time in doing practically anything. My bet is that we will get an update within two months from the previous press release.
As far as filling 10'Ks, the company only has to file a years worth of 10K's in order to qualify to be relisted. The fact that they stated that two years of 10k's were audited leads me to believe that they will be filled sometime prior to 2012's 10K which is due by March 31, 2013. Why also do they need to file 10Q's when they can file the last two years 10'Ks simultaneously followed with the 2012's 10K due March 31, 2013. And as far as the press release from April, why perhaps things changed, as things tend to not proceed in a concrete fashion.
In addition, to be reinstated in Nevada is no big deal as this could take place in a rather fast fashion in the same way that their website can be started as well which will have all the latest updates and changes.
Last, keep in mind that there are some 30M shares that are owned by insiders. They certainly are not going to sell them for pennies on the dollar here at these levels. Think about it. If you owned say 4M shares, would you want to sell them for what the current share price is going for now. No, but rather you would wait till the share price is in par to the fair value of the companies financials first. It all makes sense now, doesn't it?
PS: I will answer your post later as this I'm calling it a day for me in regards to posting.
Once the 10'Ks are filed, this stock will move to a fair value of the book value, and net income of this stock. This could take place rather fast, over the course of 3 weeks to months is my logical guess. I seen the same thing happen to other stocks that stopped filing, reaudited, and then filed which reveled positive cashflow and net income.
This is a 8 bagger short term. Market cap at 2.5M to a market cap of 20M or even greater depending on what the SEC 10-K's reveal.
We could get a news update anytime now in regards to being uplisted on the OTCBB followed by an AMEX or even NSDAQ listing sometime afterwards. Now would be a great time to add.
How Wang can create book value of common shares of FCPG.
Dilution to increase longterm value to common shareholders. Why? In order for the company to be able to acquire more assets or subsidiaries and inventory.
It's fast and easy.
Stock dilution is a general term that results from the issue of additional common shares by a company. This increase in the number of shares outstanding can result from a primary market offering, employees exercising stock options, or by conversion of convertible bonds, preferred shares or warrants into stock.
So it isn't so bad as some perceive as this may in the longterm increase value of FCPG.
I think Wong ought to go this route if he can't obtain more bank loans for fast cash. This will in turn create book value which the company does not have any and which is why the stock is suffering.
Book value is the accounting value of a firm. It has two main uses:
1. It is the total value of the company's assets that shareholders would theoretically receive if a company were liquidated.
2. By being compared to the company's market value, the book value can indicate whether a stock is under or overpriced.
Good luck everyone
Agreed! LOL!!
Loupai, for someone that post here on a daily basis that owns a boatload of shares, you are not very supportive of this company or you investment. Too just say you are willing to throw it all away has me concerned for you. Would you consider retracting your comment??
Look, BFAR really never filled a SEC filling in the first place because the Davis Accounting firm was operating with a revoked license. Too bad for BFAR. I hope they got a portion of their money back. Second, BFAR has never been indicted on fraud charges so they have a clean slate to start anew.
Ok moras, your informative post and past posts tells me that you are a reasonable and well educated person which is great because we need more of that around here, if you catch my drift.
With that said, I would like to comment that we indeed live in an active political world with a lot of different information out there. Proponents and opponents for different issues. I already see where you stand in the issue, I believe. My stand on that issues for now is to let the politics play it out and to keep an ear out for changes that may or may not effect me, or others in my same position. I do though have my opinions, but as I learned in the past, it's wiser to gather information first if my opinions are not strong enough to support my argument and then begin deductively formulating a hypothetical argument.
So in a nutshell, I need to read up on your subject first before answering or commenting on that issue.
I do inductively, notice I said inductively, like to comment on this companies pr's though. LOL!
Loupai, I bought some a day before for .047. What appeared to be a sell vol., according to ihub's trades located on the blue dashboard highlighted Trades in black was actually a buy volume as well as yesterday when i bought a little more shares at .048 which also was indicated as sell vol. With that said, it took me till the end of the day to finally be able to purchase em shares in allowance of a MM so in essence looks can be deceiving.
So about yourself and you, are ya gonna buy this time around or not?
VTG