Dont get too excited with sqqq's bottom. The etf is R/s'ing and it going much lower as financials continue to be strong.

Any reason for this huge downturn? China fraud?

Thanks for the heads up guys. Ill keep my eye out. My position isn't too big so ill hold onto my shares on a pull back and take a gain on the next advance. Hopefully it can cross above the 50 day ma also. I'm concerned about the 50sma being a tough technical resistance.

Very good DD.

I don't think anyone here actually believes this is anything more than a pump n dump with shady management and questionable promoters but the pump side of the rollar coaster ride is off to a nice start.

...no way I'm investing in this of course - wayy to risky.

I'm expecting more of these type days. I added after the strong open. Financials are going to reverse - no doubt.

I see the ibox shows 810 mil float. Is this expected to increase?

"FM has received and managed a total production budget of $3,250,000 for this advertising effort and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. SMA is paid $150,000 as an editorial fee from FM and also expects to receive new subscribers as a result of this advertising effort."

That's some serious cash.

something doesn't seem right on this one.

but nevertheless the product that they claim to have sounds like the perfect thing that Google would want to buyout with YouTube and all...

ahaaha. I missed a zero. That's not good.

Why does a company like newmarket with a profit and positive operating cash flows need 20 billion a/s's!? Or for that, have more than 100 or 200 million outstanding? Its not like they are even investing all that much.

A/s is 2 billion and O/s is ~2 billion. Does this mean we will see another 1 for 200 reverse split again?

If they do, one can only assume their numbers are being cooked and their current assets, cash and cash equivalents don't actually exist.

ive been following for a while and im coming to the conclusion that this company just has incompetent management. Such potential too... I'm sure they'll dilute the shares until the company is completely worthless even if they started making money.

completely agree! It broke the downward channel friday and ended above it today. Charts very positive, imo. + increasing sentiment that the EU situation will be taken care of to avoid any financial disaster. This is really looking like a huge play setting up.

VALV is looking strong over the last few days. candles looking up. As long as there isn't any SEC created disasters we could see this move. Ill be considering adding a position if this can break through the current resistance.

Thanks for the reply Johnny. I might make a very small position on cowi. Good as a gamble here in the triple ohs. This company at least have sizable income which puts this ahead of the pack imo.

Hi all. Just looking for some info on cowi. I've been doing some research into the company and I see a fully reporting OTCQB company with fairly significant revenues (for a stock trading at .0001). Nice technology and a nice website. I also see no r/s and no MAJOR dillution.

But there is no buying interest at all. Is there anything I'm missing here?

Already there. Such a perfect chart too. :D

Haha isn't that true... I still have nightmares from the one time I got burned on a stocks like that with an identical chart, that's all.

I got this on my watch list one on my watch list... STEM. I thought you may be interested. Its trading around $2.oo. its wayyyyyyy down. When the markets recover it should bank.

I would. I witnessed gnta impload before. I'm not suggesting that this can't rebound on news, I'm just going to shoot you a friendly warning on this one thing: genta has a history of heavily diluting it's stock to pay their debt expenses and reverse splitting which wiped out shareholder value. I have a feeling all that activity in september was dillution. Since july o/s increased 6 fold. Be careful and goodluck.. very big risk/reward there :)

Obviously your bullish on this, but what do you think the epic sell off since the beginning of september was from? That was near 100M of sells per day on a stock that traded as thin as 10,000 a day on ave. This is generally a very bad thing.

That stock just got murrrrrrdered. I don't care who owns it...

Looks like the market is going to pull it back down over the next days. I might add a small position on the pull back. There is just too much upside on this stock. I'm just crossing my fingers for no bad news as from what I hear, there is a ton of more heat on us listed chinese stocks from the SEC now and there is no way to sugar coat that VALV hasn't been perceived to be the most innocent of the bunch.

Whether or not if this company is in the middle of a legal battle doesnt matter - Its going to bounce off $1.00-1.50 region. Just way undervalued at this point. What I really like is the HUGE short position in this stock. Covers are likely to come as the financial sector continues to consolidate.

Nice action today. Is this another dead cat bounce or a reversal?

Its gonna need more volume that this to go anywhere.

Thanks Malc! and yup Youngstown State - We got a great business college :)

For now I'm not holding any US listed Chinese stocks. I feel as long as the market in a whole is down then its likely that these stocks will continue to fall - basically I'm waiting for a bottom to open a position in any of these.

When I do enter any of these I'm probably not going to stay long term. I'll take my profits and run before any bad news or rumors come of them - no matter how trustworthy they seem.

I'll take a look at your board.

Good post but I have to disagree about one thing. There is plenty of interested in american listed chinese stocks... Short sellers! :D

All these chinese stocks will drop to a point where the shorts have to cover and they'll all rebound. I'm just waiting for these to consolidate and go sideways for a little to jump in.

Ill be watching VALV, CNIT, mmmmaybe CHRI

Im taking a look at this, but i wouldnt trust anything you see from that website. They get paid by '3rd parties' to pump stocks up. CHRI isn't in their disclaimer, but these type of websites CAN be pretty shady in their dealings.

( nothing against the stock though :) )

I had AKRK for a nice gain before but I have feeling this is for the worst. CHRI does look strong. Thanks for the head up. I'll be watching CHRI, CNIT, and VALV as far as small cap american listed chinese stocks go.

Its just dangerous territory with these... My invesment analysis prof. explained to me that most of these chinese companies cook the books in some way. ...He is chinese so I'm sure he knows whats up with these.

you think this stock is a scam?

Never listen to an accountant on trading advice and all be ready to lose all of your money in a Chinese stock - not that i have any opinion of CNIT yet...

I can't find any reports since qrt 1. But based on those financials we're trading at one third of earning while most stocks are trading at 10 to 20 times earnings. We need more financials!

1st qrt showed great earnings, so why can't I find their 2nd qrt reports?

The last close at 7.2 cents is ridiculous. Chart is lining up for a reverse with volume coming in and a falling wedge forming.

anybody have any kind of idea on the annual revenue SARO is having with their subsidiary on board?

would like to hear both high and low estimates.

wow what a short job you guys got. but im new here and i was wondering if there is any substantial talk of RM going around?

how is QASP threatening triple 0's!? is that a joke?

I read the ibox and let me get this right,

1. the company is DBA FasTech services...
2. Environmental Insulation, Inc., ESDD, LLC, Alternatech, Inc., Swank Enterprises, Inc. d/b/a Art & Print, Inc., Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company are now all owned by SARO
3. SARO has/will have estimated revenue of $35 million + in 2010
4. The company has seemingly failed to change the company name.

pleeeease let me know if that is correct because that's a good revenue for a company cruising at triple zero anything...

Might be the only good news from the PR...

it sure does look like it. buys pouring in!

simply a finish at 3 would be huge on the chart!