XODGE => XODG because they filed their 10Q, so they lost the "E"
Not sure what's up with the price action. Expect choppy traing over the next few days as the last of the longs flip out and new value hunters pick up the cheapies.
Looks like .40 is support, only add around this level. Sell some into strength over the next few days as things level off.
hno:
I rolled those TSTC proceeds into CCME and CKGT.
Up to 170 shares of CCME.
Also got this lucky fill:
<table summary="Summary of Brokerage Order Status" style="margin-bottom: 0pt;"><tbody class="ofAllCellBorder ofAltBorderColorD9 ofNoFirstCellBorder"><tr class="ofFirstChild"><td class="ofTxt" style="border-bottom: medium none ! important; background-color: rgb(255, 255, 255); padding-bottom: 4px; border-right: medium none ! important;">Buy 1,200 Shares of CGDI
</td> <td class="ofCur" style="border-bottom: medium none ! important; padding-right: 12px; border-left: medium none; background-color: rgb(255, 255, 255);">
</td> <td colspan="2" class="ofTxt ofNoWrap" style="padding-bottom: 4px; border-bottom: medium none ! important; background-color: rgb(255, 255, 255); border-right: medium none ! important;" width="35%"> Filled at $0.3193 </td></tr></tbody></table>
I need to scrounge up some more funds to buy back into TSTC if it droops lower to 17.00
I really wanted CHFI at 0.25 yesterday but no luck.
Up to 170 shares of CCME.
Also got this lucky fill:
<table summary="Summary of Brokerage Order Status" style="margin-bottom: 0pt;"><tbody class="ofAllCellBorder ofAltBorderColorD9 ofNoFirstCellBorder"><tr class="ofFirstChild"><td class="ofTxt" style="border-bottom: medium none ! important; background-color: rgb(255, 255, 255); padding-bottom: 4px; border-right: medium none ! important;">Buy 1,200 Shares of CGDI
</td> <td class="ofCur" style="border-bottom: medium none ! important; padding-right: 12px; border-left: medium none; background-color: rgb(255, 255, 255);">
</td> <td colspan="2" class="ofTxt ofNoWrap" style="padding-bottom: 4px; border-bottom: medium none ! important; background-color: rgb(255, 255, 255); border-right: medium none ! important;" width="35%"> Filled at $0.3193 </td></tr></tbody></table>
I need to scrounge up some more funds to buy back into TSTC if it droops lower to 17.00
I really wanted CHFI at 0.25 yesterday but no luck.
Nice CGDI grab ... that thing screams "buy me" with its .80 book value and strong earnings.
You know how I feel about CHFI, still very speculative but could be a homerun if it plays out.
CKGT my #3 holding and slowly catching up to BSPM since it's still stuck in the mud.
Cant go wrong with CCME.
I PMed a similar question to kewl a week ago. I've got 12.5k and I'm going to split it up between :
CCME- Buy immediately
CKGT- I would buy immediately, or see if you can get it in the $2.20's
TSTC- wait for a pullback. Around $15, maybe? kewl?
NEWN- per kewl, don't buy until after earnings.
BSPM- wait for sub-$3.30
This info is about 10 days old. kewlness may be able to provide some updates.
Shady and DEAC are right on. The price ranges may have increased slightly, but I think we're setting up for a quick pull-back in the market over the near-term ... I'm just not sure how greatly this will affect the small-caps. The last one was nasty, but i dont anticipate this one to be as significant because fundamentals are starting to matter to the market and this will become (in a sense), a Stock Picker's market.
For now, what I would classify as must-owns are:
BSPM, CCME, CGDI, CKGT, LPIH, NEWN
I'd wait on BSPM as it's already up significantly off it's lows ... I'm looking at $3.60 as an initial buy-in point, then add a little more at $3.45, and so on every .15 -- if it goes that far, lol. I dont see it setting new lows even if the market pulls back from here.
I cant even express my optimism for CCME ... I probably have already been obnoxious enough about it, lol. As its presence becomes known on Wall St (and it will -- after earnings), it will receive the same PE as VISN and FMCN (which trade around a PE of 19, but had a PE of 22 before the pull-back). It wont happen instantly, but it will grind its way higher and higher until it gets closer to a fair PE.
CGDI, anything less than .40 is half of book value. As fundamentals become more important to the market (and they are starting to), these are the stocks value investors will flock to. I think this has the potential to be $2+ in 2011.
CKGT is tougher because it's been trading sideways, so quick pops (or flops) could occur on any given day, but it should continue it's sideways/slightly up-trending pattern into earnings (end of March). I'd look to get into CKGT sub-$2.35, but it might be difficult to get in cheaper as this company has one of the cleanest balance sheets in town. It is also looking (technically) like it wants to break-out. I actually added another 1K earlier at $2.35 because I think it might break-out.
LPIH is heading to double-digits in late 2011 or early 2012. Huge potential, cant go wrong with this stock over the long-term.
NEWN I still like (a lot) ... it just depends on how the market will react to Q4 financials as they wont be anything special YoY. I'm hoping for a quick pull-back after earnings to load up on trading shares. Anything less than $8 is a steal, $8-$10 is a good deal.
Regardless, these are trading at ridiculously low PEs (most are < 5), so they're sound long-term investments that offer tremendous ROI potential -- Even at today's prices.
SKBI, TSTC, YONG, and YUII all offer significant up-side as well ... but the ones listed above offer the most up-side. At the current prices, this is mostly how I've re-structured my account, so I'm most heavily weighted in the stocks that offer the most up-side.
But to simply answer your question erwin, I'd recommend a mix of:
BSPM (15%)
CCME (25%)
CGDI (10%)
CKGT (20%)
LPIH (10%)
NEWN (10%) -- but only add 5% now in case there's a sell-off on earnings
I'd use the other 10% and spread it out amongst CSGH, SKBI, and TSTC (if you can get it under $18).
... but this could change on any pull-back. I calculate everything based off potential ROI and move my money around as things get cheaper.
:toast:
BSPM -- someone starting to see its potential.
New Analyst price target $9.13
http://www.equitynet.net/researchreports.aspx
EquityNet Research Initiates Independent Research Coverage on Biostar Pharmaceuticals, Inc. 02/18 09:30 AM
New Analyst price target $9.13
http://www.equitynet.net/researchreports.aspx
EquityNet Research Initiates Independent Research Coverage on Biostar Pharmaceuticals, Inc. 02/18 09:30 AM
PUDA
"Puda Coal, Inc. Closes 2,855,652 Share Public Offering; Underwriters Exercise Over-Allotment Option
TAIYUAN, SHANXI PROVINCE, China, Feb. 18 /PRNewswire-Asia-Firstcall/ -- Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China, today announced the closing of its 2,855,652 share public offering and the exercise of the full allotment option by the underwriters to purchase an additional 428,348 shares of the Company's common stock, bringing the total shares offered to 3,284,000. The offering was priced at $4.75 on February 12, 2010. Including the over-allotment, the Company expects to receive net proceeds, after underwriting discounts, commissions, and expenses, of approximately $14,538, 100 million from the offering.
Brean Murray, Carret & Co., LLC served as lead manager and sole book-running manager and Newbridge Securities acted as co-manager for the offering. Copies of the final prospectus relating to the offering may be obtained, when available, from Brean Murray, Carret & Co., LLC, Attention: Minnie Huang, 570 Lexington Avenue, New York, NY 10022, by telephone at (212) 702-6667, or via email at minnie.huang@bmur.com or from the offices of Newbridge Securities Corporation at 7600 Jericho Turnpike, Suite 202 Woodbury, NY 11797."
Now, lets hope the market reacts very negatively and we can load up under $5.50 again.
"Puda Coal, Inc. Closes 2,855,652 Share Public Offering; Underwriters Exercise Over-Allotment Option
TAIYUAN, SHANXI PROVINCE, China, Feb. 18 /PRNewswire-Asia-Firstcall/ -- Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China, today announced the closing of its 2,855,652 share public offering and the exercise of the full allotment option by the underwriters to purchase an additional 428,348 shares of the Company's common stock, bringing the total shares offered to 3,284,000. The offering was priced at $4.75 on February 12, 2010. Including the over-allotment, the Company expects to receive net proceeds, after underwriting discounts, commissions, and expenses, of approximately $14,538, 100 million from the offering.
Brean Murray, Carret & Co., LLC served as lead manager and sole book-running manager and Newbridge Securities acted as co-manager for the offering. Copies of the final prospectus relating to the offering may be obtained, when available, from Brean Murray, Carret & Co., LLC, Attention: Minnie Huang, 570 Lexington Avenue, New York, NY 10022, by telephone at (212) 702-6667, or via email at minnie.huang@bmur.com or from the offices of Newbridge Securities Corporation at 7600 Jericho Turnpike, Suite 202 Woodbury, NY 11797."
Now, lets hope the market reacts very negatively and we can load up under $5.50 again.
I'll be selling my short Calls at market open.
I smell an intra-day reversal coming as a lot of folks feel they're going to miss another market rally and are going to jump at today's opening prices.
I dont know that we'll close in the green, but we sure as heck wont be closing down 1% ...
Wait 30 minutes, and BUY the OPEN.
I smell an intra-day reversal coming as a lot of folks feel they're going to miss another market rally and are going to jump at today's opening prices.
I dont know that we'll close in the green, but we sure as heck wont be closing down 1% ...
Wait 30 minutes, and BUY the OPEN.
