Trade it, don't marry it.
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CHLO reminds me a lot about a hospital management company IHC*. It was unnoticed for years until an earnings release was picked up by Ihubbers and the shares went ballistic.
What people forgot about is that it was a real company owning and managing real hospitals in California. It had real assets and real revenues. Once people were alerted to this, the true valuation was picked up by investors, it now trades where it should be.
I see heaps of value here and I will definitely pick up a large position and hold for quite some time.
Market cap at the close today is $2.7M.
CHLO is a company that has annual revenues of $23.9M and profits in excess $1.64M (estimated for 2012).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8900681
How many companies on IHUB are trading with market caps in the hundreds of millions with no assets, no revenue and one person at the helm?
.105 resistance for CHLO. Once this falls, .14 easy within reach.
.105 resistance for CHLO. Once this falls, .14 easy within reach.
CHLO climbing higher.
CHLO climbing higher.
Hmm... Might have sold too soon. May head back up to .14s.
Out 50,000 CHLO @ .1049.
CHLO Bouncing
CHLO Bouncing
Long 50,000 CHLO @ .0915.
I think FARE will go to .09 tomorrow before the selling stops. A quick 30% bounce and then down to .01 and then a quick bounce over .02.
Just a shot in the dark...
CHLO needs to form a new base. The sellers brought it down to .10 to the tick. I believe they will let it run a bit before another wave of selling comes in, IMO.
Thanks, mate. It was all luck. DIAL is way undervalued. I will definitely pick some up in the future and keep it tucked away.
I have a feeling this is not done yet.
Out 30,000 DIAL average 0.49.
You win some, you lose some. Was a good run.
There are no moral police on iHub. People bash not because they are short, but because they want cheaper shares.
People post here to make money; not to warn and protect others. How smart you are to dupe the other guy into selling you his shares will make you the better trader.
End of story.
CTLFQ
Gap and run.
Love it when Qs fly.
CTLFQ
Nice EOD run. See you guys over .01.
CTLFQ
CTLFQ .0049s falling - up over $1,000%
CTLFQ .0049s falling - up over $1,000%
CTLFQ will run. Peeps want to load up.
Give it time.
CTLFQ - Ready for next leg up.
CTLFQ - Ready for next leg up.
CTLFQ - Penny break coming
CTLFQ - Penny break coming
Out 200,000 SVEN @ .0129.
In for 200,000 of SVEN @ .0112.
SVEN > Bouncing nicely.
SVEN > Bouncing nicely.
STWG - .0038s just hit!
STWG - .0038s just hit!
STWG - .0029 Up 222%
STWG - .0029 Up 222%
STWG - Thin to a penny.
STWG - Thin to a penny.
STWG - .0024 x .0025
STWG - About to run here.
HDLM Monster! Thin to $1.