News Focus
News Focus
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semipro11

08/01/08 11:34 PM

#4159 RE: ORCA #4158

some shorts are gonna get burned here very soon taki!
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FAILURE TO DELIVER

08/02/08 10:20 AM

#4160 RE: ORCA #4158

TAKI
It's on my watch list waiting for a bottom.
Pressure on the bid has been relentless followed by shares on the ask which obviously results in the current downtrend.

Have searched all the pump sheet disclaimers that have mentioned this one, but I don't see any compensation from CJGH in shares as of this time.

No doubt there is a dumper out there,could be the company,third party or shorts,who knows.

I get your point about the earnings,they had a good first quarter,but that was announced in June and it's been down hill ever since.If they follow the same pattern,second quarter won't be announced until September.It may start to set up as a good play toward the end of August on anticipation.


When it comes to earnings,I don't play anything on the pinks based on fundamentals,too many games played with the shares at this level to hold anything for very long,but they make excellent momo plays at the right time.I think this one can run again soon.

FTD



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RonnieD

08/02/08 7:35 PM

#4164 RE: ORCA #4158

huge dump 3m volume Friday, consistent in dollar volume with selling pressure since .03. Cannot be traders getting out at all.. this is dilution or insider selling.. nobody else has all these shares to dump here. Consistent over the past two weeks, Friday totally in-your-face.. no shame.