The board...

Why is it so quiet today?

Depends on the dividend. People aren't going to rush in/out for a quarterly $.01-$.02/share dividend, but it gives long-term investors a reason to hang on, and buy more if the stock drops. It helps put a floor on the stock and vastly increases investor confidence. I'm not talking a one-off special dividend, but a real dividend policy. While I don't think they should do it until the new facility is up and running, if income grows quickly from there, they should be able to fund any future facilities while giving something back to shareholders...

Risk is off? That's never true in any stock.

Risk is off? That's never true in any stock.

Who are those guys and what are there credentials? I viewed the website and the only stock they cover is LPH from what I could tell...hardly what I would call independent or valuable. For all we know it's a subsidiary of RedShitp... Just curious everyones thoughts on them...

I don't disagree with you, but the investor base would increase substantially. A fair share price in this stock and there would be plenty of financing opportunities. Looking forward to seeing what happens with this new facility.

Why would they go private at $5.00 if they can ball all the shares below $3.00? They'd never offer up that kind of premium. I think it's a shame they won't do a small dividend to bring in a stronger investor base. Buyers already drying up. Even this board has gone quiet.

Sooo...does that mean your not 'selling puts, buying calls, and buyimg shares' anymore? Quite a chnge from your prior posts..

IsCCMEsupposed to strtt trading tomorrow?

Herb Greenberg gonna comment on the chinese rm market on cnbc.

LMAO!! thanks for reminding me of this post.. I stNd by my words.

i think we could rebound to low teens in the next month or two.. .20+ isnt likely IMO until the end of the year though.. I hope it drops more though, cuz I'm willing to wait for the end of the year before I get my next double or triple outta this one, but would love a chance to get more at levels that i can 4X my money..

These things take time, and delays should always be considered/expected in start ups like this. Thats why you have to take profits as the price rises, so you can take advantage of things like today. I would not be selling down here though. If you sold for a loss the last few days, you have to consider the wash rule before buying back though. I think there could be another penny or two drop before we find a bottom and eventually reverse course, but there is much more upside potential than downside risk at this price, IMO.

Always like it when you show up on a stock him in, even if it's for a contest. Good luck Hank!

Cheers to that!

Tripled my position this morning.. Will add more if we drop into single digits, but I doubt that will happen.

CCME - It sounds ike the same issues raised by the shorts over the last few months. I think DTT essentially requested a forensic audit or resignation ultimatum. Not good at all though, since obviously the company didn't want to take corrective action, and I don't think this story ends to my satisfaction.

BSPM - yep..i was waiting for that gap to close too. Reopened a position at 2.35 today and will buy more if it drops much more. I could see the remainder of the gap fill at the open first thing tomorrow with a bounce from there. Amazing that after the killer earnings, they're right back to where they were before.

Little has my respect on this one. That is some damn thorough DD.. He's doing some good research.

BSPM - started a new position at 2.35.. Added LPH at 1.91..eom.

Really? Despite Dorothy Dong, Jacky Lam, and DTT all resigning (based on not trusting mgmt), as well as Starr coming out and suing the company and the shares being halted for weeks now, you find it odd that the sentiment swung the opposite direction? I actually think it makes perfect sense that the pendulum would swing that far that fast, given these developments.. I sure hope it's just a few internal controls that are causing issue, but with all these things pointing to more than just some internal controls, I find it pretty unlikely.. Now, maybe it's not as bad as many seem to say, but I can't imagine it's just a little accounting flaw that needs to be fixed..


I find it strange how the public investing mind goes from one extreme to the other real fso quickly. Its the greatest company ever to the biggest fraud since Bernie Madoff. The investor psychology displayed in the CCME case is one that should be studied and documented imo.

Good deal.. Im slowly digging myself out of the hole CCME put ne in. I'm done swingimg for the fences and just looking for some nice base hits..

BSPM - Good luck.. I've found that greed gets you nowhere in this sector. Maybe I'm now the one painting with too broad of a brush, but I'll look to buy back in in the low 2's when that gap gets filled. I don't think we see $3.50 before we see $2.30....JMHO. Hell..look at all the volume today, and we ended at/near the low of the day and are lower in AH's. I've watched this stock bump into heavy resistance just above $3.00 too many times in the last few months to hang on to shares there again. At some point, it will get back to the $3.50's, but I'm not sure that time is here just yet..

BSPM - I think its just a case of show me the money. BSPM has disappointed with high costs hurting the bottom line, and people just weren't buyimg it until today, IMO. It could run further a open, but I'm happy taking the low hanging fruit..

BSPM - All out at an average of $2.98.. WWEEEEEEE!!!

I am absolutely a skeptic first these days, if that's what you're asking. If what we'ce seen lately amongst multiple stocks in this sector doesn't warrant that, I'm not sure what does. Buying back 55k shares is great, but if they were really interested in buyin back 15M worth of shares, why would they announce 55k? Maybe, maybe not.. I'm only saying put it in perspective... They didn't go out and buy a half million shares or anything. I think its great what they've done, but it doesn't warrant getting too giddy over what is so far a token buyback.

Yep.. keeping things in perspective, LIWA sold 3.8M shares less than a year ago.. I wouldn't get too excited over 55k being bought back...at least not yet.

If it's a 1/4% on each side, it will certainly add to the risk of each trade. You're essentially set back .5% for taking on the risk.. I highly doubt that will ever pass, because there is too much money "invested" in trading. Notice this isn't just for stocks but for all financial instruments...bonds, futures, options, etc.. If it were .005%, it would piss people off more than anything, IMO, and it won't pass at 1/4% on each side...no chance.

I'm pretty sure that it's a 1/4 %, not 2.5%. This would likely decrease the HFT and scalping more than anything else, and it's still not going to "kill trading". It may hurt liquidity to some degree, but it won't bring it to a halt. Don't get me wrong, it's a tax and I'm opposed to it as it affects me and adds cost to a way that I make money, but your claim that it will kill trading is simply untrue. It will make it more difficult to turn profits, so it's would probably cause somewhat wider spreads and possibly more volatility from the MM's trying to make up for that .5%.

Nothing is going to "kill" trading.

My $.02.. Unlikely because if they were going to go that route, they could have just done what DTT asked. If they had nothing to hide, they likely would have kept DTT and the CFO on board, and found an immediate resolution. Just my $.02..

No doubt about it. I trashed a pinky one time on I Hub and got an email from the company saying that I would be sued. I quit trashing it and never heard from them again, but it's trading for 1/10th of it's share price from around a year and a half ago..

Haha..agreed.

BSPM will be interesting to see how this one plays out..after earnings. I sold some of my $1.90's today at $2.20..not bad for a days work.. Still hanging on to a few thousand shares and will look to an earnings pop to get rid of a few more.. I think they're going to have killer earnings, and they aren't being aggressively picked on by the shorts like some of the other names you mention. UTA in particular has been attacked multiple times, and the questions that have been brought up shouldn't go without further review. I'm much more skeptical after the CCME drama on all the names on this board, but you can't deny it's a great place to trade some short-term pops.

I agree.. I think the earnings, like you said, will be stellar. Based on revenues already announced for October and November, it's just a matter of how the market will react to the good news. The sector is under extreme scrutiny, so we'll see what kind of effect the earnings end up having..

BSPM - Looks like it's bouncing already.. I should have picked up more in the $1.80's and $1.90's...

I'm starting to believe this the more and more I've thought about it..


No, the short arguments were ridiculous at times and easily refuted by the "facts" we had in front of us. Seems they were designed to give longs a false sense of confidence and draw us in deeper.

Even though Shaw had one of the larger insti positions, I guarantee they did very little DD. The amount they had is fairly insignificant to there overall holdings, and they likely got out before the halt anyways. GS probably got out also. They were all likely hedged if they didnt get out.. But DD, I really only felt Starr did any real DD, and that was obviously not enough.

I dont thnk Ping's ouster proves or disproves anything other than she brought too much bad attention to GHS a la CCME and RINO. That is regardless of how the CCME thing turns out. That said, I think everything else we've seen pretty much shows you the bleak outlook for CCME's legitimacy..