News Focus
News Focus
icon url

charthopper

02/03/07 3:02 PM

#6513 RE: 007stockspy #6512

9 Bio Market Cap.
Sure!

My only concern is:
If CHNW wants to become a serious company it doesn't look good to have 5 bio shares.
A R/S might be possible - but the company stated they will seek for some backers before that.
That brings me to another strange point:
The company talks unusually much about "our shareholders" for a pinkie...looks kinda like a scam.

But that's all COULD, COULD, COULD.
I don't know...nobody knows.

Time will tell, right?

icon url

stervc

02/03/07 3:12 PM

#6514 RE: 007stockspy #6512

007stockspy, comparing ICE vs CHNW...

Wow! I must thank you. ICE is an awesome stock trading at $142.47 per share with an OS of 57,438,998 shares. From doing a quick scan of their Balance Sheet and Income Statement, certain fundamental questions with CHNW might have already been answered.

I will go through ICE's filing to see what else I can find too to help us here understand the potential with CHNW. I must depart right now for a certain mission, and I am not sure when I will return. I will make some phone calls to ICE and CHNW come Monday and share what I find if time permits. Thanks for sharing!

v/r
Sterling

icon url

stocktrendsetter

02/03/07 3:22 PM

#6516 RE: 007stockspy #6512

Cash Now will never be the size of ICE....however, being the much smaller fish in a very small pond is ok too. While there are plenty of private Forex companies, there aren't any other than ICE that I know of that are in the public arena. Therefore, once they release their Beta you will see a big surge of new investors looking to profit from the ground floor.

I don't know the rule of thumb, but at some threshold shorts who play pinks must back off when the number of investors get too big. Some quoted 800 right now....up from a few hundred I think from December. The leverage of alot of small buyers is too much pressure (and risk) for a few big shorters to overcome....at that point we will only be trading amongst ourselves.