U.S. China Mining Group Inc fka SGZH

[Traderfan]

Yeah I agree. SGZH was my favourite coal company until the Q3 numbers came out. I was able to sell at 9.50 that day and I now bought everything back with an average of 8.50 or so. So I did spare myself 1 buck which is fine.

I see people are quite shy right now after the Q3 results and I understand that. Q4 numbers are far away right now. If they don't come through with their Nasdaq listing in the last few days of this year I think you can buy a lot of shares below 9 bucks in the beginning of january. That's the only possible catalyst right now for a stock price move. But it's pending already so who knows.

To be honest it seems I miss out on LLFH. I never bought it before the earnings day just a few days ago and got it at 5.60 or so at that day but sold it pretty early again because there was no movement and I was on margin as well and this damn stock is not marginable so I let it go. Suffice to say after the PR the stock went up without me and I didn't reenter it in the last 2 days when it did visit the 5.85 area twice again. Stupid me but one can't have all the stocks.

I figure with SGZH and PUDA I have enough exposure to coal for my portfolio now and I had to decide with what I will go for the mid term, either PUDA or LLFH and decided to take PUDA for now due to higher potential but of course it's a bit more risky. LLFH is cheap as well of course.

SGZH should at least go to 15 within 4 months from today, that's my hope and my believe. Of course only if Q4 numbers come in like expected.