Best China Micro-caps on the Market

[kuwlness]

XODG , just do not understand:think2:
Today: bid .16 - ask .70 - last .52
quote]


MMs are probably trying to paint a bullish picture so they can unload some shares at a higher price, hence the 300 share trade today at .21 (bullish hammer candle).

Anyway, if this gets close to .80-$1, i'd be selling. It's gonna be at least another Q before they can turn this ship around.

 

[kuwlness]

BSPM

Not a huge position for me after unloading some over $5 after up-listing. Some rumors out and about today about their drug being on the banned list on the Shan Xi province -- this is bad because BSPM is headquartered in Shan Xi.

I advise caution going forward, although i grabbed some $4.20s earlier.



EDIT: Company has been contacted and asserts this is a non-issue and is basically false. Should be a PR out today or tomorrow debunking these claims.

 

[ANOTHERDAY]

XODG , just do not understand:think2:
Today: bid .16 - ask .70 - last .52
quote]


MMs are probably trying to paint a bullish picture so they can unload some shares at a higher price, hence the 300 share trade today at .21 (bullish hammer candle).

Anyway, if this gets close to .80-$1, i'd be selling. It's gonna be at least another Q before they can turn this ship around.

I would sell it now, but I would only get the .16 per share. Think the bid will get up to .80-$1.00? Thanks - Want to sell, but the bid is killing me^<<^

 

[kuwlness]

I would sell it now, but I would only get the .16 per share. Think the bid will get up to .80-$1.00? Thanks - Want to sell, but the bid is killing me

I dont think it's going much lower ... the bid should start to strengthen as the MMs realize there are no more sellers at the current price level. Odds are the MMs have been accumulating and will run it higher to get people to buy their shares (recent example = JADA). I think you'll be able to sell for .65+ over the next month or two.

 

[8ate]

btw: JadaE.ob closed at 0.63/sh today..>>>

gonna go ack over .80??

gl

!~~~!

 

[kuwlness]

btw: JadaE.ob closed at 0.63/sh today..>>>
gonna go ack over .80??

Probably. Odds are financials will need to come out before that to happen ... or it could go back into the .30s again, lol. Welcome to the craziness of China Microcaps

 

[kuwlness]

CCME now has OPTIONS!!! Leverage ... use it.

 

[DeathEatsaCracker]

Current top-holdings:

CCLWF, CCME, CKGT, DJSP, LPIH ... have reduced some positions significantly due to my expectations of a looming large market correction.

I recommend keeping money side-lined in case we get a large correction, but for now the market keeps chugging along.

Are you still holding CGDI?

 

[kuwlness]

Are you still holding CGDI?

Yep, but the company hasnt filed their 10K and it's been de-listed to the pinksheets. Garbage. Not so happy about this, but still holding. Sold some on the run-up to .50 and reloaded in the low .30s. I'll let the board know as soon as I know something further.

 

[kuwlness]

CNAM

Buying the Gap-Fill ... it's cheap down here. Potential $20+ stock in the next year and a half or two. Dont over-load, Q1 earnings might be weak, but there should be a nice bounce back into the mid-$8s or beyond, so worth a good trade.

 

[AltonDelmote]

Penny Stocks

Thanks for the nice information....

Penny Stocks

 

[DeathEatsaCracker]

Thanks for the nice information....

(Link Deleted)

Die in a fire, spammer.

 

[finekos]

China MediaExpress Holdings, Inc. to Present at the Piper Jaffray Seventh Annual China Growth Conference on May 13th in NYC

 

[finekos]

a rough day for everyone...

 

[tiznow]

the ride is fun when the goings good...just be sure you get out before everybody starts jumping outta windows

 

[DeathEatsaCracker]

Is it too much to ask that you contain your doom-saying to the "sell, sell, sell" thread?

 

[tiznow]

i'm a kuwl fan i wouldn't have been a bspm long for a while if not for him did well with that guy

sorry to add one sliver of bearishness to your chinese microcaps going to the moon discussion

carry on...

 

[erwinmark]

Faber and Chanos say the ride is over, China is going to pop in the next 12 months.

http://www.bloomberg.com/apps/news?pid=20601010&sid=aMbfBKW.uKn4

 

[Budman]

Almost all stocks discussed in this thread have been slaughtered recently. Made a profit on BSPM, but have sold all others last week. Thanks Kuwl for all you do.

 

[8ate]

every one and their guru brother is down on china..

they feel usa is safest and most profitable place..

gl