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RINO getting slaped upside the head $12's no news next puff piece victim ???
CEO on China watch staes new products coming also in strong support base will keep adding before earnings end of Oct or early Nov...
http://us.rd.yahoo.com/finance/external/video/ts/SIG=12s42q4n9/*http%3A//www.thestreet.com/_yahoo/story/10860336/1/telestone-technologies-china-watch.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA
TSTC 1.3 mill short 6 mill float Green Day at 4X's this years EPS as last week CEO stated EPS $2.17 a share been accumulating as long time China stock verified no fraud claims coming & last year 3rd & 4th Qtr seasonally big Qtrs for TSTC stock tripled.
agreed & 3rd Qtr in bag CEO reits $2.17 a share last week deeply undervalued and certainly no chance of fake or fraud attacks been accumulating...
Thanks was wondering about big 3 exchange any plans you know of or maybe next year ? thanks
Do you know if NUIN has any plans of uplisting ? thanks
TSTC been starting position 4X's 2010 EPS of $2.17 last year tripled in 3 months as 2nd half is TSTC's big numbers only 6 mill share float and 1.33 million short nice base to build a position at CEO last week stated $2.17 EPS with 3rd Qtr almost over ....
I doubt they will leave easily as strong selling into strength again today ... Still think they try some puff piece claiming CCME is a fraud just my 2 cents & only worth a penny GLTA & make $$$$$$$$
DGW $12.50's over $9 off since DYP news Grant Thornton has signed off the last 4 years on their Yearly's so s/b clean been basing here waiting to see a move either way to add...could be a quick several pointer with good news
CCME what a battle 560K first 12 min yikes gotta break 1 way or the other
CCME feels like capitulation day finally 3.3 million sharts still have to BUY...to lock in profits
Would be better off if the attack did happen at least we can grade it on true merit and make a investment decision .... CCME has been beat up MORE then the real problem co.s LMAO comical ....
CCME I think it would be better off if something did come out already as then we can start to figure out if we should be buying or not....
Funny part CCME been accused of nothing FUQI and others valued higher despite S.E.C. investigations etc... Gotta laugh or else you cry as I dont know whos cherrios CCME pissed in but geez no bad news and sells off every day...
BORN taking the China asswhuppin amazing a new one every day....
He's from Australia probably a pain to go after him another sign of B.S. imo....
Fake Waldo look at view messages not him an alias
UTA going now big bids lining up this Austrailian short seems pretty dubious and maybe playing on pure sector fears as China doesnt take much to talk down any co.
Stocks typically do pop on PR in some for news release
UTA getting plug by Lionmaster at Lion
agreed no new news they sold their kiosk biz Fri not sure if that is it....
GFRE raises guidance gapping pm link to news
http://biz.yahoo.com/prnews/100915/cnw015.html?.v=93
Current sales force from presentation is over 113 salesman ...
Thanks nice work and again PEANUTS either way geez talking about a 300 Million $$$ Co. and getting hung up on 10's of thousands of $$$$ insanity has taken over this co.
E-mail Lena I'm sure she will get you the answer for me the additional 30K is not a big deal but I think you should E-mail her and find out please do and let us know GLTY & make $$$$$$$$$$$$$$
It's Insane the conjecture when we don't even know if the money was in an interest bearing account and keep in mind we FINISHED with 139 million we didn't start the Qtr with that I believe around 110 Mill $$$$ either way its a small amount of money and really nit picking looking for just about anything at this point....
yup you got it the smoking gun they fooled Deloitte and Starr by fudging cash that must be it ... By not having another 30K in interest MUST be a fake...WOW....
either way we are talking about peanuts in the scope of things geez so they may have made another 20 or 30K ???? are you kidding me and there is NO way they were locking up that money for any time period as they are looking at deals . I think we are looking for issues and I hate to tell ya the interest isnt one of them imo.
I think your way way off China cant be paying 3 times what U.S pays for short term interest and no co. is locking up their money for any time period unless they know they wont do deals which CCME is looking.
TSTC notice high short % to float but shorts haven't been adding volume up some today interesting when it goes it goes for a few bucks
DGW took off 1/2 $12.90 from $11.70 alerts yesterday .tight stop on other 1/2
I would bring up ways to prove legitimacy for example hiring Deloitte to physically audit their business go see all 61 operators all 30 ad agencies do a current bank audit etc... I believe the most proactive co.s that can prove they are legit will get away from this short raid hell quickly and forever. If CCME has nothing to hide this would be far less expensive then dividends and stock buybacks and far more effective getting a 3rd party verification from Deloitte would be huge.Hell just the announcement of their plan would send the stock up a ton.
Not sure how you figure but OK & I'm sure with DYP basically admitting major problems and DGW not we shall see the next 1 to 3 days....DYP .10 above low and DGW $1.60 above low
DGW was the better play by far overdone and different auditor Grant Thornton should perhaps see a defense tonight or tomorrow A.M.
DGW picked up 5K at $11.70 for some covering on close poss co defending itself momo down a ton today
This link s/b of great help to those playing China list of auditors...
http://www.fixyou.co.uk/tracker_auditors.php
Back over $9.00 sell off on China blowups earlier and again 350K Vol absorbed all in $8.80's to $9.10 .... seems the shorts cant keep us down for long.... Like I said the clock is running and shorts MUST come up with something real soon or we take off imo....
You don't think the Institutional support hasn't been apparent ? They gobbled up millions of shares and stock price hasn't breached June lows despite the float expansion over 3 million shares via shorts. They are running out of ammo as cant borrow shares easily and paying higher n higher interest to borrow. I think this is coming to a head soon either the shorts will try a knockout blow via some smoking gun or CCME will come out with something to support credibility .... either way cant short 500K shares every 2 weeks forever...
Also proves another China myth disproved CASH in the Bank DOES get audited as some shorts aka Waldo insinuate that Cash in China doesn't get audited directly from the bank like in the U.S. BUT today's PR proves otherwise the co. just like in the U.S. has to approve the bank to disclose all bank info... Rest assured in their first go around with a new co. Deloitte insisted on Bank info for CCME...
From Briefing on DYP & DGW....Tgt $3&$9
Duoyuan Printing: Additional color on weakness in DYP and DGW (3.22 -3.33)DYP (Duoyuan Printing) is down by -52% after it announced it has removed its CEO and CFO, terminated Deloitte as its auditor after the accounting firm aired "open issues," and announced the resignation of several directors. With regard to DYP, Deloitte requested that the Company provide permission to access original bank statements to complete its audit procedures to verify the identity of certain individuals and entities associated with third party distributors and vendors. As of the time of Deloitte's dismissal, the Company had not granted such permission because it believed the method and scope of the request was overly broad for the purpose of verifying the identity of such individuals and entities. Deloitte informed the Chairman of the Audit Committee of such disagreement and the matter was not resolved by the time of Deloitte's dismissal. Additionally, according to a DYP filing, "In the course of its audit procedures, Deloitte identified supporting documentation for approximately RMB24 million of expenses related to advertising and tradeshow costs, the authenticity of which could not be verified to Deloitte's satisfaction. Deloitte suggested to the Audit Committee that it investigate these expenses. The Audit Committee has undertaken an independent investigation. At the time of its dismissal, Deloitte had not received subsequent information from the Audit Committee on the progress or outcome of the investigation... In the course of its audit procedures, Deloitte received information regarding certain distributors and vendors that appeared inconsistent with certain information that the Company had provided. Deloitte informed the Company and the Audit Committee of the inconsistencies. The Company worked to address these inconsistencies, but at the time of its dismissal, Deloitte had not received complete explanations from the Company to address all of its concerns... Deloitte advised the Audit Committee that it was informed by the Chief Executive Officer and Chief Financial Officer of the Company that they felt they did not have access to the information on the open matters referred to above nor were they in a position to assist the investigation. Deloitte expressed its concerns as to the impact of this on its ability to rely on the future representations from those members of management that it would otherwise seek to obtain as part of its normal audit procedures.
DGW (Duoyuan Global Water) is down 45% this morning, following DYP lower. Although the two companies operate in different industries, they are related by their majority shareholder -- Duoyuan Investments Limited. In a 20-F filing in June, DGW disclosed that Duoyuan Investments Limited, wholly owned by Chairman Wenhua Gao (chairman of both DYP and DGW) owned 48.6% of DGW shares.
Piper Jaffray has since downgraded DYP and DGW to Underweight from Overweight, setting their tgts at $3 and $9, respectively, as a result of this morning's news.