Replies to post #12880 on Value Microcaps Free-For-All

[roguedolphin]

<<"I would agree with that EXCEPT there have only been about 6 confirmed China BB's that have faded to black as opposed to about 150 that have not">>

WOW....I've owned at least 3 of those 6 then just off the top of my head!

*CHCL...the old China Continental that allegedly owned millions of acres of land in Mongolia and had 7 million US$ in cash on the balance sheet. LOL! That one had some connections(?) with the still "existing" ETLT.
Still managed to trade CHCL in and out for several nice profits over the years even though it went "POOF"...disappeared! Anyone know what the heck ever happened to that one?

*YIWA......Pure value if you believed the balance sheet?
Same story .....traded in and out for profits but bailed before it went "POOF".

*YDHCF.....another of those infamous Chinese "paper companies". This was the one that Beowulfenvest had the OTC BB shell for originally.

I remember pounding the table on YDHCF after I picked up a block of 100,000 shares between .015 and .025 cents as pure speculation that the sleeze people would come back and "do something" with it. I averaged down from the .19 cents price where I was on the "rube" for. That worked as it had a "come back from the dead" rally where I promptly bailed when the getting was good around .26 cents or so.
I believe some other VMC'er(??) followed me into that at those penny prices. Who knows what the heck that one allegedly does now in China?? What the hell happened to the paper company?....LOL!
They're not kidding about shell games here!

These things are ridiculous. I do believe they are good vehicles for speculation though. Just assume they are all frauds and you actually own nothing but pieces of paper that will have technical supply and demand pressure and pumps and dumps during their most likely limited lifespan.

So good luck trading the waves....

....from your favorite dolphin.



Ron Paul names the NeoCon conspirator's and exposes their insidious agenda....

[Penny Lane]

Inconclusive evidence?

Two examples:

CXTI (inconclusive)

I have no doubt at some blog thread here, at rb, or somewhere, one could easily find some lingering bagholder (or two) to argue the point that CXTI numbers are valid and the company is simply entertaining a normal extended quiet period waiting to blast out upcoming rocket ship news, lol.

ENRON (conclusive)

Hard to find anyone to argue enron wasn't a scam.

Conclusion: Stocks/Stock trading is best approached in correct anticipation of a host of imperfect inconclusive evidence, NOT conclusive evidence. Of 10,000+ stocks to choose from, one might get to witness "conclusive" evidence once per year.

There's alot of distribution abuse UNDERNEATH all these china r/m chop suey numbers that HAS NOT been being posted/discussed at VMC often enough. Yes, the adept traders will exit unscathed, but consequently will newby readers hold their bags and possibly at the expense of being bamboozled by VMC posting all these brilliant chop suey numbers and ignoring so many faults?

Would you be willing to change the VMC title sentence to:

Value Microcaps is dedicated to finding (and flipping) profitable, low p/e, value stocks.

The VMC board has deteriorated somewhat from the excellent board I remember when I first stumbled onto it. Maybe the chinas are ALL legit, every one? Any stance of "inconclusive evidence" cannot be argued, but the abundance of faults within the china r/m sector should be discussed more often and more openly for the good of ALL readers, adept traders and newbys alike.

Constructive criticism & jmo