AI
Thursday, August 12, 2010 10:50:25 AM
CIIC $0.70 bargain imo
shortreport:
http://www.buyins.com/reports/ciic8-2-10.pdf
CIIC $0.70, 15M float , approx. 13.53 million shares short, 80M o/s. Do the maths...
No Dilution at least since 2008 on CIIC
O/S 80M - Float 15M - A/S 150M - Shorted Shares 13.58M
"Common stock, $.001 par value, 150,000,000 shares authorized, 80,000,000
shares issued and outstanding as of June 30, 2009 and June 30, 2008, respectively"
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=CIIC&selected=CIIC
The new us deficit data should put more pressure on the chinese government to devaluate the dollar against the yuan.
This stock should go up with the increasing US deficit. Remember CIIC earns it's money in YUAN, not in dollars.
shortreport:
http://www.buyins.com/reports/ciic8-2-10.pdf
CIIC $0.70, 15M float , approx. 13.53 million shares short, 80M o/s. Do the maths...
No Dilution at least since 2008 on CIIC
O/S 80M - Float 15M - A/S 150M - Shorted Shares 13.58M
"Common stock, $.001 par value, 150,000,000 shares authorized, 80,000,000
shares issued and outstanding as of June 30, 2009 and June 30, 2008, respectively"
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=CIIC&selected=CIIC
The new us deficit data should put more pressure on the chinese government to devaluate the dollar against the yuan.
This stock should go up with the increasing US deficit. Remember CIIC earns it's money in YUAN, not in dollars.
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