Thursday, January 05, 2012 1:04:02 AM
For the weaker hands, this is not the stock to P&D or buy on MOMO. We will likely trade flat or slightly down for some time with limited to moderate volume.
For longs, following this board and the daily L2 too closely will test your resolve, if not make you nutz. But we know that management continues to deliver and indicators are only getting better and better. $10.5M in sales in 2011 is a huge step for a relatively small company like CHDO. For a small company to earn a profit on $10M+ sales in extremely rare.
Adding 2,000+ retail locations to start the year and releasing the "best products ever" plus probable backlog is rocket fuel to launch from current record breaking base.
I'm in $40K+ and don't look daily no less than minute-by-minute L2. I know what I need to know, which is that sales are starting to get really impressive at the same time management is delivering record profits...
You can dump or hold, short or long, it is your money. But i have pretty big money on CHDO quietly getting to the next level. I don't really care how thin or micro-up/down the stock is day-to-day, my bet is that CHDO surprises in the future and i am all-in for that.
$15M in sales 2012 would be good growth but i think we will ultimately do $20M+. It doesn't take a lot of upward movement for many of us longs to be reasonably rewarded...
Most on this board know more about the company and better understand the charts than I do...But I do know small businesses and I'm making a BIG bet on CHDO having a good path forward to reward my support.
I wholeheartedly believe both PPS and volume will reward longs with at least a double if not significantly more. But this is not a fortune 500 that you can micro-analyze. CHDO is a highly risky small businesses, but how many early stage opportunities can you get in at .01 that is producing $10M+ in revenue AND earning a profit...
Don't get lost in the noise. Patience will be rewarded! I'm not stupid enough to think CHDO is a blue chip with guaranteed returns. But I do believe it is one of my best bets for unusual returns on a relatively small yet undervalued buy-in.
Hold strong and be rewarded...
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