Replies to post #2110 on China Technology Global Corp (fka CTGLF)

[ewayz]

that was me who sold approx 100k shares at .095 and .0975 on friday. it is cool though because what the position i got into also gained well (nwpo.ob).

i think ctglf is solid but i wasnt working with enough capital to just sit back months and wait for the movement. i also feel like even though the market closed at .115, it would be very hard to sell off 100k shares at that price since the bid was significantly lower.

anyway, regardless best of luck to all and i am going to follow the board for a while and hopefully i can get back in in the near future

[macdrsirules]

I am not posting to argue with Alan Webber but I do want to point out that there have been many, many days where the open price of a given day is below the open price of the previous day. Alan is technically right in saying that this is not a gap down, since the price generally will close above the previous days low and I apologize for calling this occurence as a gap down. However, this practice is good for a short. I believe shorting by MM'S is a distinct possiblility. EG, A short occurs near the end of the trading day say at .115 the opening price the next morning is .10, the short covers for a significant gain. This process over the last year could net huge gains with this stock. Take a look at how many times the stock has opened lower than the previous days close. Alan and others have much more at stake in CTGLF than I do, but with the pattern of this stock I just can't see how MM's are not shorting this stock. Just my two cents. Still holding long and my belief is the same as almost everyone elses here that this stock will explode sooner or later.

[chinawatcher]

,,,what i find silly is your report on cpice,,,"good sales and almost profits,,,,me thinks to much vodka,,, they have not reported yet !!!!!