lol, "herber" pretty quiet these days. I do believe I introduced DHRM to this board a long time ago. Of course I'm not in it now but I did flip a truckload from 2-2.40 and a bit more at higher levels later. Oops, shoulda held for $11:) IDI needs to provide something of substance for anyone to push it. Either that or Peter Tan/Phillip Frost need to buy some more shares.
OOH ad space in China is pretty attractive but I think AMCN may have another run before IDI, assuming an absence of news. One could also play the take private arbitrage in CHRM (I believe it will happen).
I loaded a bunch of this Chinese OTC ticker FEEC yesterday. Coalbed Methane Gas driller, just finally getting to production after years of drilling and disappointment.
China's serious about cleaner energy & increasing subsidies for alternative sources, CBM included.
Production is ramping just as the loans are coming due- they need some flexibility or a partner. I expect one or the other in coming months but the nice thing is the regular production updates. They've reached a point in this block where more drilling will amplify production in all wells, even if a few months later after dewatering. Even without any drilling in immediate future, production should continue increasing as wells drilled last year mature. Strange stuff & sad that ihubber northernlights isn't around to see it (his protege Alanthill is though). They were profiled in some "investing like Buffett" book a few years ago before the fallout from China scams destroyed the space.
Anyway, with my feces play, I look forward to a flying turd chart in due time. Hoping the 8.5 cent warrants don't spoil my fun.
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