InvestorsHub Logo
Followers 111
Posts 12628
Boards Moderated 0
Alias Born 02/11/2006

Re: john302 post# 4608

Wednesday, 08/27/2008 5:38:40 PM

Wednesday, August 27, 2008 5:38:40 PM

Post# of 5096
Your right about penny plays .Cavico is the only one I consider an investment stock the others in pennyland you would be hard pressed to find 25 good companies that will ever make it up the ladder.As far as Cavico many of us have gone thru this before so we are not concerned about the ups and downs right now.Weve seen this before.We have also seen it go to 1.80 and it is a much stronger company now then it was two years ago.I have no doubts that Cavico will be on the American Stock Exchange by next summer.They actually qualify right now and their intentions were to go to the big boards skipping the OTCBB but when the SEC set them back,they had to take a step back and get things straightened out.but how many companies do you know that the SEC stops their trading for 1 year but uplists them to the OTCBB while their not trading.I have never heard of any myself.The company is sound,it is growing at a terrific rate.Soon they will have their own cement factory so profit margins will increase dramatically on all of their contracts and then the other project like Cavico Towers and their ownership in the Hydropower plants will put them up their where they cannot be ignored on the big boards.patience is needed here.as far as proving themselves they have to many people and when they come to this country and visit the fund managers in New York and California that is when the stock will jump over a dollar quickly.JMO
WSM

"Luck is what happens when preparation meets opportunity."

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.