Technicals looking GOOD!!!!!! .35 break coming third time is a charm.
Adx +d cross, rsi headed north, macdhisto, chalkins money flow,macd crossed trigger under centerline, and pay attention for obv cross. Company is now fully reporting and expect filing one in early April and then quarterly thereafter. The current quarter has allready seen a 6.5 mil contract expect more good news in April. Mid year exchange moved planed, per ceo interview. Management has delivered all has promised and there were Insiders buying last week. I expect a dollar run in April then 3+ on exchange move. I also expect to see more contracts as well as revenues from mobil gaming division this current quarter.
The company has the right logistics,IT solutions, supply chain management software hardware to service mainland china. China is growing 8% gdp and yen continues to outpace the dollar. China is expecting 8%-10% gdp growth for the next 10+ years.
Looks great for short term and longer. With current economic situaton, weak dollar, inflation, interest hikes, energy, debt, I am looking at the worlds fastest growing world economy as an investment vehicle. CTGLF will start reporting and filing in anticipation of an exchange move. China, the worlds largest manufacturing center, and one of ctglf's business is supply chain management product and services. Logistics, mobile techs, mobile gaming division. Unlike most bb stocks, CTGLF has a 30 billion dollar asset backer, has the most potential of any bb going forward, good share structure, profitable cash on hand, and insiders buying up float to tighten neuce around the shorts. The shorts know they will have to cover, once CTGLF begins reporting
Well, with the trade deficit reaching a all time, the compnay should also benefit nice from dollar to yen conversion.
China is the worlds largest outsourcing and manufacturing hub of the world and its economy is booming. (see chinese statistic bureau for growth projections) China Global tecnology, is a great investment vehicle to participate in China's growth, not only because its one of the few chinese stocks that trade on U.S. exchanges, is proftiable, growing revenue streams, improving capitol structure, has over 300 corporate clients and growing, (china telecom,Orcl,csco list goes on) etc....(got to let u guys and gals research the rest on your own, this is suppose to be a post not a book) CTGLF IS A GREAT INVESTMENT BECAUSE THIER PRIMARY BUSINESS ARE IN THE BUSINESS OF TECH LOGISTICS AND SUPPLY CHAIN MANAGEMENT SOFTWARE SOLUTIONS IT CONSULTING WIRELESS TECHNOLOGIES> what do manufactures need to increase productivity? They are like, in a simple analogy the Orcl of China, (see list of corporate clients, actually orcl is one thier partners/clients.... ctglf provides support for Orcl readers because coded in chinese.) There is virtually no competition for them in the Chinese market. CTGLF is basically a monopoly since China has no Anti trust laws.
Now other revenue streams are mobl gaming division, most people in china have cell phones but not computers, and mobil gaming is huge market over there and catching on over here.
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