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Saturday, 05/13/2006 8:59:45 PM

Saturday, May 13, 2006 8:59:45 PM

Post# of 4721
10-K Expected Date & Prediction.

This post is meant as a little learning tool for newbie’s. It’s just the way I see it, and not a recommendation for you to buy this. You have to do your own DD, and do it well.

The 3Dstock folks told you the 10-K will be out by the end of April. Wrong (intentionally or not); last year's 10-K (with a 2 weeks delay) only came out by mid July:

http://www.pinksheets.com/quote/filings.jsp?symbol=ckei

Because the company obviously has kept a better track of earnings this time around, hopefully the 10-K will come out by the end of June.

Prediction:

W/o any other news in the mean time, the 10-K (again, I believe it will be toward the end of June) should move this hard. Last year, the 10-K moved it from 0.011 to 0.23 (or a 20 MOMO, not bad!):

http://stockcharts.com/gallery/?CKEI

Regardless, with a record high revenue (and better margins) in 2005, loading more at these prices is a no brainier, IMO.
Make a note of today's price (I guess it ended up on Friday @ 0.0195?), and check the price again at the beginning of July.

If you decide not to be part of this nice expected play, you might wish to do a post-event DD and try to understand why this happened. Why? Because you might get a second chance, IMO. This is still a seasonal business (until the company gets involved in other than heating oil sales, that is). If, until the 10-K or shortly thereafter, no news about business expansion are released, after a nice rise, one can expect the price to go down again to a level that you might feel comfortable to pay for. Thereafter, once the cold season starts again, and the first (expected) better numbers come out, or the first news about the business extension into other related oil sales, this will go back up again; this time much higher, IMO.

Disclosure: I already have plenty of shares here, and if it stays around 0.02, and even more so if it continues to go lower, I'm planning to continue loading as much as I can. This is not a cheap pump (and people who read my postings know I don't like people that do it). Pump-and-dump schemes only can temporarily influence the price; the intrinsic stock value, and the perception of good growth potential it's what it's moving the price. And, IMO, this stock has both good intrinsic value, and good growth potential.

Mike




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