Replies to post #8608 on Value Microcaps Motherboard

[roguedolphin]

CXTI.....Good analysis Len. I believe we may see a "complete capitualation" in CXTI that may set the stage for a huge and wild rally later on(just a gut feeling). Kind of reminds me of CYD(China Yuchaui Diesal)that was "pummeled" down to .26 cents and was trading at a P/E of 1 1/2 a few years ago......once the "deck was cleared" of weak holders it then rallied wildly to $37 in a couple of years.
I believe I'm seeing some companies I'm following being "naked shorted" by hedge funds. These "big guys" will make their money short and then make it again when they get long after the "complete capitualation". I'm not going to complain too loudly about that.....when the naked shorters pummel them into the ground this message board will be "littered with 10-baggers".
Don't fight the tape for now on these companies. JMHO.

Rogue

[bones1420]

CXTI: the volume spikes are actually getting longer & longer....a plethora of $1-bagholders w/NO reason, excepting FEAR, to sell!

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cxti&sid=0&o_symb=cxti&f...

They have announced further share-dilutive-funding and the group that merged this issue from Terry Cook/Leopard Capital was fairly large (5, 6 sponsors, more?). Many possible sellers for many possible reasons!

Naked-shorting is out of the question, imo. Hedge-shorting some of the fresh-prints, maybe, but too many other p'sos out there available for anyone to risk naked-shorting CXTI w/documnted $.33 earnings.

Unless the possibility of the ?scam?...and it's not even about whether or not CXTI is a scam, it's about if it's a scam and EXPOSED as such. By whom?

Don't see any possibility of a crash PRIOR to 5/15/05 and expected SEC-filing of .10 earnings, except the "scam" possibility...which is, in one way or another, prevailant in every issue.

Holding my $1 core-position and will pursue the VOLUME-SPIKE opp to daytrade/swingtrade the .90 to 1.10 range in the attempt of lowering the core-entry-number up until the time of the 5/15 filing due. Glancing at the chart volume again, appears I'm already late to this swingtrader's dance.

p.s. had another buy-order placed @ .86...expired...see you guys tomorrow.

[researcher59]

lentinman: CXTI

I agree, it definitely appears that support at .90 could come under significant pressure. The stock is repeatedly being sold on any good news. Nonetheless, I added a few shares today at .96 ... I have only a very small position, now at an average price of around 1.10. I've been in a few China stocks and they've all been losers for me so far. The good thing is that I'm putting less and less money into each new China stock that tempts me. If I keeping striking out on these, then eventually I'll just invest 'abstractly' to see how that works out. Of course, if for some reason the China stocks come back into fashion, as they were a year ago, then a lot of these stocks could really zoom ! But with my luck, I'll probably have only abstract holdings by the time that happens.