It'll be a good long-term play, I'm just minimizing my position at $2 until I see their Q earnings, which will be coming out next month I believe. $2 should be easy considering the expansion the company has been going thru. Beyond that, I will need to see Q earnings. Some think it's a $4 stock, I dont think it's possible to make this assumption yet. Will keep the board posted, start to scale out either way, $1.85 now
It'll be a good long-term play, I'm just minimizing my position at $2 until I see their Q earnings, which will be coming out next month I believe. $2 should be easy considering the expansion the company has been going thru. Beyond that, I will need to see Q earnings. Some think it's a $4 stock, I dont think it's possible to make this assumption yet. Will keep the board posted, start to scale out either way, $1.85 now
think HQS ready to fly here soon
HQS backloaded on earnings and always has big q3 and q4 results (relative to q1 and q2...and this year they made a profit in q1 and q2 unlike past years)
earnings should be out around nov 10th (when they reported last year)....
last two years its popped hard post q3 earnings through early next year (4 to 12 in late 2007-april 2008....4-10 late 2008 through april 2009)....we'll see if it goes 3 for 3
seems like this stock tends to follow the cyclical nature of its earnings...run hard on the 2nd two quarter results...than fades on the lower 1st 2 quarter results
HQS backloaded on earnings and always has big q3 and q4 results (relative to q1 and q2...and this year they made a profit in q1 and q2 unlike past years)
earnings should be out around nov 10th (when they reported last year)....
last two years its popped hard post q3 earnings through early next year (4 to 12 in late 2007-april 2008....4-10 late 2008 through april 2009)....we'll see if it goes 3 for 3
seems like this stock tends to follow the cyclical nature of its earnings...run hard on the 2nd two quarter results...than fades on the lower 1st 2 quarter results
probably no rush MM will probably fuck around with people till the earnings come out in 2-3 weeks from now....he might try to shake people out at the 8 area and give it a momentary dip sub 8
MM seems to pray on the volatility of earnings in this guy alot
main thing to worry about is a potential dilution ahead that's what plowed it from 16 to 8.5 last year.....
but i'm guessing if they do another dilution it won't happen until Q3 and Q4 results come out and the stock takes off again....so mid 2010 the time they likely would do the equity offering if they did another
MM seems to pray on the volatility of earnings in this guy alot
main thing to worry about is a potential dilution ahead that's what plowed it from 16 to 8.5 last year.....
but i'm guessing if they do another dilution it won't happen until Q3 and Q4 results come out and the stock takes off again....so mid 2010 the time they likely would do the equity offering if they did another
CHGS
Chart looks primed for take-off. Should see a nice upward spike in coming days.
Lets see if all this time I'm spending on Technical Analysis pays off.
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BSPM
Big seller still lurking. This thing will move fast when he's done selling. Dont get caught without shares.
Chart looks primed for take-off. Should see a nice upward spike in coming days.
Lets see if all this time I'm spending on Technical Analysis pays off.
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BSPM
Big seller still lurking. This thing will move fast when he's done selling. Dont get caught without shares.
China's growth accelerates to 8.9 percent in 3Q
SHANGHAI – China's economy charged ahead in the third quarter, fueled by lavish government stimulus spending that has helped the nation spearhead recovery from the global recession.
The world's third-largest economy expanded 8.9 percent from a year earlier, speeding up from 7.9 percent growth in the second quarter, the National Statistics Bureau said Thursday. Growth for the first nine months of the year was 7.7 percent and officials have said they expect the economy to at least reach the annual growth target of 8 percent.
Continued here: http://news.yahoo.com/s/ap/20091022/ap_on_bi_ge/as_china_economy
SHANGHAI – China's economy charged ahead in the third quarter, fueled by lavish government stimulus spending that has helped the nation spearhead recovery from the global recession.
The world's third-largest economy expanded 8.9 percent from a year earlier, speeding up from 7.9 percent growth in the second quarter, the National Statistics Bureau said Thursday. Growth for the first nine months of the year was 7.7 percent and officials have said they expect the economy to at least reach the annual growth target of 8 percent.
Continued here: http://news.yahoo.com/s/ap/20091022/ap_on_bi_ge/as_china_economy
CHFI: I will continue to hold at least 5k shares into coming months. I'm waiting on hearing something from management. These types of runs dont typically happen unless something has been leaked by an insider. I mean, taking a stock from .25 to $1 in the matter of a 10 days is rather uncommon, at least without news, lol. I had a significantly larger position and I will continue to flip as it levels off here, but if last year tells us what to expect, then the best is yet to come.
Keep in mind the CEO purchased 300,000 shares @ $4.96/share on October 23, 2008 for a $1,488,000. Almost 1 year later those shares are valued at $99,000 @ .33/sh. The CEO wouldn't throw away almost $1.4 million. Long Term - this will go UP, IMO.
CCGY
China Clean Energy Completes Construction of Jiangyin Plant
Source: China Clean Energy Inc.
On 8:00 am EDT, Thursday October 22, 2009
FUQING CITY, China, Oct. 22 /PRNewswire-Asia-FirstCall/ -- China Clean Energy Inc. (OTC Bulletin Board: CCGY - News; "China Clean Energy", the "Company"), a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in The People's Republic of China ("PRC"), today announced the completion of construction of the Jiangyin plant.
<!--- Insert the sidebar information -->
<!-- Article Related Media -->The commissioning process is now underway and a test-production run is expected to occur in November 2009. The new plant has been designed to produce up to 100,000 tons of biodiesel per year or a combination of up to 40,000 tons of biodiesel and 30,000 tons of specialty chemicals.
"We are pleased to announce the completion of the Jiangyin plant," said Mr. Tai-ming Ou, China Clean Energy's Chairman and CEO. "Once fully operational, we expect to ramp-up the new plant to full capacity within six to twelve months which, we hope, will contribute to profitable growth in 2010 as market fully recovers."
To support the expansion in production, the Company has started procurement of raw materials. Pictures illustrating the completion of the new plant are available at: http://www.chinacleanenergyinc.com/Picture.htm.
If for any crazy reason this trades down today, it is time to load the boat. I already have a sizeable position, but they did say this: "Once fully operational, we expect to ramp-up the new plant to full capacity within six to twelve months" -- PR states full capacity in 6-12 months vs. conf. call that I believe said full capacity in Q2 2010.
But it could just as easily breat $1 today, lol -- anybody's guess in this market.
China Clean Energy Completes Construction of Jiangyin Plant
Source: China Clean Energy Inc.
On 8:00 am EDT, Thursday October 22, 2009
FUQING CITY, China, Oct. 22 /PRNewswire-Asia-FirstCall/ -- China Clean Energy Inc. (OTC Bulletin Board: CCGY - News; "China Clean Energy", the "Company"), a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in The People's Republic of China ("PRC"), today announced the completion of construction of the Jiangyin plant.
<!--- Insert the sidebar information -->
<!-- Article Related Media -->The commissioning process is now underway and a test-production run is expected to occur in November 2009. The new plant has been designed to produce up to 100,000 tons of biodiesel per year or a combination of up to 40,000 tons of biodiesel and 30,000 tons of specialty chemicals.
"We are pleased to announce the completion of the Jiangyin plant," said Mr. Tai-ming Ou, China Clean Energy's Chairman and CEO. "Once fully operational, we expect to ramp-up the new plant to full capacity within six to twelve months which, we hope, will contribute to profitable growth in 2010 as market fully recovers."
To support the expansion in production, the Company has started procurement of raw materials. Pictures illustrating the completion of the new plant are available at: http://www.chinacleanenergyinc.com/Picture.htm.
If for any crazy reason this trades down today, it is time to load the boat. I already have a sizeable position, but they did say this: "Once fully operational, we expect to ramp-up the new plant to full capacity within six to twelve months" -- PR states full capacity in 6-12 months vs. conf. call that I believe said full capacity in Q2 2010.
But it could just as easily breat $1 today, lol -- anybody's guess in this market.
Today's additions:
CHFI -- added 2k @ .66 (and 1K at .72, doh)
PUDA -- added 1500 trading shares at 7.15
LPIH -- added 500 at $2.06 (crazy it got this cheap today)
CCGY -- added 5k at .665 and .69 (total)
CSOL -- grabbed another 1k at .58
This is why I say it's always good to take profits and try to re-buy the same stocks cheaper. You get opportunities to buy stocks at 10-20% off sometimes, lol.
CHFI -- added 2k @ .66 (and 1K at .72, doh)
PUDA -- added 1500 trading shares at 7.15
LPIH -- added 500 at $2.06 (crazy it got this cheap today)
CCGY -- added 5k at .665 and .69 (total)
CSOL -- grabbed another 1k at .58
This is why I say it's always good to take profits and try to re-buy the same stocks cheaper. You get opportunities to buy stocks at 10-20% off sometimes, lol.
New addition:
CIHI
Got a volume alert on this one. Seems like something is up. After digging a little deeper, I like what I see ... a lot. Very undervalued. Started a large position today (6K @ $1.28).
R/S coming up. Company is uplisting to the Nasdaq.
The eps targets for 2009 and 2010 (which is .23/share) are based on 56M shares out and are prior to the reverse.
EPS for 2010 will be .69/share on Nasdaq, according to the RODM projections.
Rodman & Renshaw coverage started with eps expectations of .23 for 2010 and share price target $2.75 (CIHI closed at $1.14 yesterday and chart looks good for entry here IMO).
Rodman & Renshaw profile:
http://stocktiger.com/Rodman_Renshaw_Changda_International_Sept_2009.pdf
CIHI website:
http://www.changdaint.com/english/index.php
Me likes, a lot!
CIHI
Got a volume alert on this one. Seems like something is up. After digging a little deeper, I like what I see ... a lot. Very undervalued. Started a large position today (6K @ $1.28).
R/S coming up. Company is uplisting to the Nasdaq.
The eps targets for 2009 and 2010 (which is .23/share) are based on 56M shares out and are prior to the reverse.
EPS for 2010 will be .69/share on Nasdaq, according to the RODM projections.
Rodman & Renshaw coverage started with eps expectations of .23 for 2010 and share price target $2.75 (CIHI closed at $1.14 yesterday and chart looks good for entry here IMO).
Rodman & Renshaw profile:
http://stocktiger.com/Rodman_Renshaw_Changda_International_Sept_2009.pdf
CIHI website:
http://www.changdaint.com/english/index.php
Me likes, a lot!
CAEI
After having it brought back to my attention in a PM from earlier today, I just realized this has basically bottomed and is overdue for another pop. Should be a nice ride up to the $2.25 - $2.50 level. Still like this one long-term, just never recovered after the stock offering. Had a small position (2K) in this one, just double down at $1.62.
FWIW, this has been on the mainpage since day 1, i just havent talked about it in forever. Only gave it 3 stars because it's been dead money for a while ... I think that is about to change, though. Look at that backlog!
After having it brought back to my attention in a PM from earlier today, I just realized this has basically bottomed and is overdue for another pop. Should be a nice ride up to the $2.25 - $2.50 level. Still like this one long-term, just never recovered after the stock offering. Had a small position (2K) in this one, just double down at $1.62.
FWIW, this has been on the mainpage since day 1, i just havent talked about it in forever. Only gave it 3 stars because it's been dead money for a while ... I think that is about to change, though. Look at that backlog!
Yep, $2+ actually. Still being held down by some big sellers (probably mutual funds that need to sell). The selling usually lightens up in the day. I've added a few times in the low $1.40s only to see it go the the mid-$1.30s. This is actually a great day-trading stock, seems to get back to $1.50 around close. I just didnt add it to the list above because I havent added any today. Most of the China stocks are in the gutters today, likely because of their big runs as of late, but also because China's market was in the dumps earlier because of the US sell-off yesterday.
BSPM is now my biggest holding considering practically everything else is doing some consolidation/levelling off (except CNOA, she seems to be acting very bullish still) after some big moves north. CHGS is the one that was already in consolidation-mode when I recommended that you start buying it, and it's very undervalued here. FWIW, BSPM and CHGS are my two largest positions.
I have a feeling BSPM's 3rd quarter results will absolutely destroy last year's numbers. This stock is gonna have legs very soon IMO.
