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Re: germoney2 post# 2642

Sunday, 02/27/2011 4:58:14 PM

Sunday, February 27, 2011 4:58:14 PM

Post# of 3179
"In regard to investor vs trader I am clearly an investor and in for 2-3 years. However I think it is always good to reflect which sentiment dominates the markets. In Hongkong I am running 3 years against market opinion in a special stock of mine, and regret not having switches before. In the end, market flows can beat conviction for a long time, you should consider that in your decisions.

so let´s stay long together"

I couldn't agree with you more. Your example was excellent if it had the fundamentals and not just the TA. The problem they can sit dorment for months and many cases a few years. That's the whole secret knowing when to pull the trigger...I orginally pulled it way to soon on CKGT.OB after selling at $2.50+. I believe like Buffet if I liked it at $2 what has changed with the company fundamentally? In the case with CKGT.OB absolutely nothing except they paid $8Mil for patents which I thought they owned. They explained their reasoning and up until now they have not lied on anything thus the benefit of the doubt. Oh did I mention Book Value will be over $2. Again I love the history here which is over 5 years where many of the problems here are RTO mergers with an unlimited and unbelievable history. The ones I'd run from are the ones claiming to have millions in the bank yet doing a secondary.

Again I like history here but a little concerned on dilution. They are cash starved because of the awesome demand for cigs which will probably need even more cash not to mention product launches.

Looking for some very good numbers from their feed products. I look for $3-4 Mil this year and $8 Mil next year.

I trust management here because of their ownership. They have only diluted when necessary for growth purposes only. This you gotta like!
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