CNOA money chart. Outstanding find, Chad. Looks like we can add another gem to our "basket of food stocks" hedge for 2009-2010. Now with DPDW representing Oil all we need to add is a Gold stock to make up the last 5% of a recession proof hedge. :o) There was a distribution this month but retail continued to accumulate as the PPS dropped from 20 to 15 cents. The PPO & ADX pincher shows that the stock was headed for a "normal oversold" condition then the distribution extended the condition. This makes a nice bottom to start investing from. I have not done any DD except to look at the last 10K to see what the risks are, they are the same as I tagged for SIAF. Again the rule here is to trade up, recover cost and go long with the left over shares.
The Company's operations are carried out in the PRC. Accordingly, the Company's business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of the PRC's economy. The Company's business may be influenced by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.
The Company is subject to substantial risks from, among other things, intense competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer requirements, disease and other natural events that could impact rice cultivation, limited operating history, foreign currency exchange rates and the volatility of public markets.
hello mr. sykes if i may,can i ask your opinion of the following people/entities:(as it relates to investor relations competence and OTC financing) Investor Relations: Paul Knopick E & E Communications