Best China Micro-caps on the Market

[tiznow]

part of the reason these chinese stocks don't trade a p/es that the rest of the market does is because not everybody trusts um

you never know what the commies are gonna do....

the rules can change in a blink of an eye....but than again i guess the same thing can be said for the US now too LOL

also you say that the overall economy doesn't affect um...i'm not gonna go through them all

but part of the reason puda went down is because coal went down...in that particular issue coal prices/demand and not the chinese economy is key

 

[tiznow]

feel safe in a chinese microcap? u serious? anyway.....just reread your post made me smile a bit....

these things are speculative as hell and will have wild fluctuations...one of the last places you wanna stash "safe" money

 

[kuwlness]

but part of the reason puda went down is because coal went down...in that particular issue coal prices/demand and not the chinese economy is key

feel safe in a chinese microcap? u serious? anyway.....just reread your post made me smile a bit....

these things are speculative as hell and will have wild fluctuations...one of the last places you wanna stash "safe" money

I'd say one of the main reasons PUDA was down today is because it just got uplisted yesterday. Typically, you want to own the stock right up until it is uplisted, then it retraces -- PUDA was the perfect example, it ran from $4.50 or so around the time of official uplisting announcement to $6.80 on the first day on the AmEx, today was a typical retracement of an uplisted stock (NEP is another example of how they run right into uplisting, then pull-back upon the uplisting). I'm not saying PUDA couldnt have been affected by the price of coal, because it couldve ... then again, they're a coal-coking company, so the correlation with the price of coal doesnt match up perfectly.

And I wouldnt consider hardly any of the China micro-caps I've mentioned here "speculative." They all have proven track-records and are growing exponentially YOY and, in most cases, Q after Q. In fact, two of TheStreet.com's biggest writers on China stocks (Rick Pearson - http://www.thestreet.com/search/result.html?topicSearch=rick+pearson&omorig=header and Glen Bradford - http://www.thestreet.com/search/result.html?topicSearch=glen+bradford&omorig=header) have repeatedly wrote about stocks that I've been mentioning for quite some time now. These guys are both super-geniuses when it comes to China stocks, so I stand by my plays and consider them far from speculative.

Most of them are far from volatile as well. Then again, the entire stock market is volatile right now and there arent very many stocks that you can say havent had a 5-10% swing in the last two months, so I guess volatile is the new norm even in American stocks -- so that rules out your argument on volatility. These are <b>investments,</b> not short-term plays. And <b>I feel much safer investing in an economy that isnt facing a double-dip recession, that has YOY GDP growth, that has laughed in the face of the US and the world's recession, and is going to be the world's leading economy in the next 3-5 years.</b> Time will tell, but I wouldnt be the least bit surprised if just about all of my China plays are up 100-200% a year from now.

 

[tiznow]

i just don't see them disconnecting from the overall US equity markets personally but we shall see

looking at these guys long term looks like most peaked out in late 2007...than fell into the abyss till march...and than had a monster rally with the markets....

most of that list above was down today with the markets

that said i still like HQS (also down today) on the chinese market front for the long term and think its dirt cheap (granted that one is bit different from these guys in that its a US based that operates in china...shipping its fish portion of things to the US and other markets worldwide....and is listed on the AMEX)

CKGT is the one that interests me the most of your list but still waiting around hoping for cheaper...if not as they say there are other fish in the sea.....

CNOA doesn't look to bad either....

 

[kuwlness]

Today, A123 Systems had their Big IPO (ticker AONE)... and it was big, HUGE in fact -- up 50% on the first day of an IPO is monstrous. So, since they're in the same overall industry as CSGH, lets do a quick comparison:


CSGH / AONE -- Net income & Sales:

CSGH
Last reported Fiscal Year...
Revs = $37M
Net income = $8.6M
EPS = $0.16

AONE
Last reported Fiscal Year...
Revs = $68.5M
Net Income = <-$80.5M>
EPS = <-$0.80> (based on estimated 100M shares outstanding after today's IPO)


AONE is now valued @ over $2B ... Is that correct? Wow!! Think about the potential for CSGH once they uplist to the AmEx/Nasdaq.


There is plenty of news and growth in the CSGH pipeline so things could get quite interesting. I'm sure today's A123 IPO will bring more attention to the sector over time. We'll see what happens.

The above AONE revs/net income came from this atricle:
http://www.greentechmedia.com/research-blog/post/the-225m-ipo-roadshow-begins-a123-aone/



Here's an article from Seeking Alpha that illustrates why CSGH and CMTP are better plays compared to AONE:
http://seekingalpha.com/instablog/4...um-ion-battery-plays-that-are-easier-than-123

 

[tiznow]

abat the one i got on my watchlist in the china/battery arena....

aone might be a great short....

 

[snoop]

$CKGT - Buy now ... under $1.05 ... huge discount. Going to $1.50 in the very near-term future.

Nice play. It closed at $1.49 on Fri. I only have 100 shares though. I should've put more on this instead of CHIO, that train did not want to leave the station since I jumped in.

Quick question, is it too late to jump on CEMJQ? This one has been very bullish in the last 3 wks, I'm waiting for it to take a breather but it only keeps rising.

 

[kuwlness]

Nice play. It closed at $1.49 on Fri. I only have 100 shares though. I should've put more on this instead of CHIO, that train did not want to leave the station since I jumped in.

Quick question, is it too late to jump on CEMJQ? This one has been very bullish in the last 3 wks, I'm waiting for it to take a breather but it only keeps rising.

Glad you made some easy money CKGT, but this is just the beginning my friend. We are now only currently at or about Book Value. This has a long way to go considering No Debt, EPS, and Future Growth. Wouldnt be surprised to see CKGT at or close to $10 by this time next year.

I dont follow CEMJQ, just the story. My play is Abi-Bow (ABWTQ). Abi has about half as many O/S shares as CEMJQ, and significantly more Assets to Liabilities as CEMJQ does. She's gonna pop way harder than CEMJQ IMO. If ABWTQ isn't at least $1 by January 2010, I would be shocked. So, that's about a 1200% ROI from Friday's close. You gotta check out their website though, then you'll start to realize how monstrous Abi actually is. Long-term I have a PPS prediction of $10 in 2-3 years, but probably much sooner.

 

[kuwlness]

Sell HPJ if you haven't already ... it's gotten too rich for my blood which means it's probably gotten to rich for other's as well. $2 in 4 weeks aint bad, considering it was $1.50 at the beginning of the month. I sold too soon, serves me right, lol.


CSGH, time to go all-in. Use your earnings from HPJ and put them in CSGH, this one is gonna pop soon. Lots of volume and interest starting to come in with all the recent articles on TheStreet.com recommending this and CMTP over AONE. CMTP has had a good run too, I'd sell some here -- what am I saying, I did sell some today (lots), lol. Put almost all that money in CSGH as well.


CHIO and CSGH are my two biggest holdings, followed closed by CKGT, CCGY, and LPIH.


You should probably pick up some CGDI ... I've been in since .22, but never recommended it since it wasnt budging from its .30 - .38 range. Well, that range broke last week and I never told the board about it. Book Value is about $1.20, so this is way undervalued and I expect it to get at least to BV (or damn close) by year's end. So, .70 from today's close or about 140% ROI. L8rs

 

[kuwlness]

Who Says China Isn't a Safe Investment??


China September Loans May Exceed 600 Billion Yuan,
By Bloomberg News

Sept. 29 (Bloomberg) -- China may have more than 600 billion yuan ($88 billion) of new loans this month, National Business Daily reported, citing estimates made by the Agricultural Bank of China’s strategic management department. Loans in September for buying homes and cars may reach a record, the Shanghai-based newspaper reported.

http://www.bloomberg.com/apps/news?pid=20601089&sid=azMvvvBw6fCA


Chalk it up as another HUGE WIN for CHIO!! They do both home and car insurance ... this is right from Business Week's company info: "Operates as a licensed online motor vehicle, property, and life insurance agent."


Are you starting to see the Stars Align? I am. All-aboard! 10K due out any day this week and they actually went back and corrected a small accounting error from their last Q to prove they are for real. The accounting error was miniscule and didnt effect EPS last Q so things are solid. Already trading on Nasdaq.


My EPS projection is .04, but that's being conservative. I'd really like to see .05 - .06 EPS. CHIO will be $3 by year's end if they hit that mark. Otherwise, .04 EPS would put them around $2 - $2.30 IMO.

 

[kuwlness]

CHIO

The stock is being shorted an i-hub forum member has brought this to our attention:

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=chio (then click on news) ......

BUYINS.NET: 47.33% Of All NASDAQ Trading Tuesday Was Short Selling. SKIL, NGAS, CHIO, PWER, BUSE, CLZR Highest % Of Daily Trading Volume Short

Sep 23, 2009 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, has reviewed the NASDAQ Daily Short Volume Report for Tuesday, September 21st, 2009 and come to the following statistical conclusions. There were 6,795 stocks with daily short volume reported and total NASDAQ trading volume of 1,684,186,972 shares. Total Daily Short Volume was 797,233,136 shares. 47.33% of all trading on the NASDAQ Tuesday was short selling. The chart below highlights 6 stocks that had unusually high percentages of their total daily trading volume attributed to short sales. SkillSoft (NASDAQ: SKIL), NGAS Resources (NASDAQ: NGAS), China INSOnline Corp (NASDAQ: CHIO), Power-One (NASDAQ: PWER), First Busey Corp (NASDAQ: BUSE) and Candela Corp (NASDAQ: CLZR). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

DATE SYMBOL SHORT VOLUME TOTAL VOLUME MARKET PERCENT

20090922 SKIL 133,451 144,751 Q 92.19%

20090922 NGAS 53,386 59,025 Q 90.45%

20090922 CHIO 59,466 66,166 Q 89.87%


Here we thought all along that the company was raising cash with the selling of stock, then the T/A confirms today that there's no dilution and then this link above indicating CHIO is being heavily shorted.

The shorting data as of 9-15-09, indicates very little shorting, however. Maybe it's time we move up!



This is great news! Possible short-squeeze coming, especially if their Quarter is on-par with my estimates. This could get real interesting, real soon. GLTA

 

[kuwlness]

Holy Hell -- People are starting to see what I've seen:

CSGH...Powerful Potential at China Sun Group
28 September 2009 Rick Telfur

China Sun Group High Tech Co. (CSGH), a Chinese producer of cobaltosic oxide and lithium cobalt oxide for lithium-ion batteries, may not be as popular as A123 Systems, Inc. after its highly successful initial public offering, but the stock offers investors a powerful play on the growing alternative energy industry and could be undervalued by 50% or more!

A Brief History of China Sun

China Sun Group’s operating business, Dalian Xinyang High-Tech Development Co. Ltd., began as a research group focused on developing technologically feasible nanometers to be used in lithium-ion batteries. In April 2006, the company began producing and selling cobaltosic oxide, which is used as the anode in lithium-ion batteries, with its sales to battery manufacturers.

Since then, China Sun Group has grown to have the second largest cobalt series production capacity in China, according to the China Battery Industry Association. This sizable capacity has helped it meet growing demand for anode materials as demand for lithium-ion batteries has increased, especially in the consumer electronics industry.

A Growing Market for Lithium-Ion

Lithium-ion batteries are well-known for the versatility, compact design, light weight, high voltage, high capacity, high energy density, and excellent energy retention characteristics when compared to traditional lead-acid batteries. As the cost-to-power ratio of lithium-based batteries continues to improve, demand is expected to expand into additional new markets.

According to the Battery Industry Association of China, lithium-ion batteries will become one of the most important sources of chemical power in the 21st century. In fact, the association projects that the industry will grow at an annual rate of over 30% of annual output based on units, with global demand for lithium cobalt oxide to reach 40,000 to 50,000 tons.

Strong Performance, Cheap Price

China Sun Group is a leading provide in a niche cottage industry associated with the growth in lithium-ion batteries. In fiscal 2009, the company saw its revenues increase 46.4% to $37 million, while its net income jumped 27.3% to $6.7 million, or $0.16 per share. Meanwhile, the company’s cash generated from operating activities jumped 147% to $12.75 million.

Financial Performance 2006-2009; Source: SEC Filings

Despite the strong results, China Sun Group’s stock continues to trade at just 8.9x earnings. When subtracting the company’s $0.17 per share in cash, the earnings multiple drops even further to 7.8x earnings. With a company posting a conservative 20% growth rate, investors should expect to pay a multiple closer to 15x earnings, which would yield a share price of $2.40.

Future Innovations in Development

China Sun Group continues to expand through technical innovation. In March 2009, the company announced that its in-house R&D team had successfully completed testing on its latest energy power battery anode material, lithium iron phosphate. And in April 2009, the first samplings of the product had been sent to two partner firms to test performance and life.

Many investors are looking forward to lithium iron phosphate as a new and improved cathode material. In fact, Tianjin Lishen featured a new article titled “Lithium Iron Phosphate – A New Type of Lithium-Ion Battery Cathode Materials”, which highlighted the many advantages of lithium iron phosphate as compared to other cathode materials.

Conclusion

China Sun Group is a profitable company in a very promising industry, and remains well-positioned as the second largest supplier of cobalt series capacity. Meanwhile, the company also remains substantially undervalued given its previous growth, future prospects and strong balance sheet and cash position.

Contact: Simon Monger, <?XML:NAMESPACE PREFIX = SKYPE /><SKYPE:SPAN id=softomate_v3_highlight_0 class=skype_v3_tb_injection title=Call this phone number in United States of America with Skype: +18775865658 mode=".modern" context="877-586-5658" durex="%DADDYWIDTH%" durex2="%DADDYHEIGHT%" path="file://C:/Users/kuwlness/AppData/Local/Temp/Low/__SkypeIEToolbar_Cache/e70d95847a8f5723cfca6b3fd9946506/static/" type=".flex" fwidth="" freecall="" isfax="" nof="" skypeaction="call" skypeid="0"><SKYPE:SPAN id=skype_v3_tb_nop0 class=skype_v3_tb_nop> </SKYPE:SPAN><SKYPE:SPAN id=skype_v3_tb_droppart_0 class=skype_v3_tb_imgA_flex title="Skype actions" skypeaction="drop" skypeid="0" skypesms="0"> <SKYPE:SPAN style="BACKGROUND-IMAGE: url(file://C:/Users/kuwlness/AppData/Local/Temp/Low/__SkypeIEToolbar_Cache/e70d95847a8f5723cfca6b3fd9946506/static/famfamfam/US.gif)" id=skype_v3_tb_img_f0 class=skype_v3_tb_imgFlag></SKYPE:SPAN> <SKYPE:SPAN class=skype_v3_tb_nop> </SKYPE:SPAN></SKYPE:SPAN><SKYPE:SPAN id=skype_v3_tb_img_s0 class=skype_v3_tb_imgS> </SKYPE:SPAN><SKYPE:SPAN id=skype_v3_tb_text0 class=skype_v3_tb_injectionIn><SKYPE:SPAN id=skype_v3_tb_innerText0 class=skype_v3_tb_innerText> 877-586-5658 </SKYPE:SPAN></SKYPE:SPAN><SKYPE:SPAN id=skype_v3_tb_img_r0 class=skype_v3_tb_imgR><SKYPE:SPAN class=skype_v3_tb_nop> </SKYPE:SPAN></SKYPE:SPAN></SKYPE:SPAN> <SKYPE:SPAN id=softomate_v3_print_0 class=skype_v3_tb_injection_print context="">877-586-5658</SKYPE:SPAN>
http://sumfolio.com/powerful-potential-at-china-sun-group-083/

 

[kuwlness]

WOW -- Hot Day for China

CNAM

SAN MATEO, CA, Sept 29, 2009 /PRNewswire-FirstCall via COMTEX/ -- China Armco Metals, Inc. (OTC.BB:CNAM), a distributor of imported metal ore with plans to launch a new state of the art scrap metal recycling facility in China, today announced that Toro Research is initiating coverage of China Armco Metals, Inc. (OTC.BB:CNAM) with a speculative "Buy" recommendation and a performance rating of 8.5, on a scale of 10. According to the report, our recommendation is based primarily on the company's revenue performance for the first half of 2009 as it relates to current market trends in the commodity industry, expanding growth in the company's metal recycling division, as well as the company's historical performance and additional outside factors such as recovering Chinese economy, and Chinese government's initiative to increase utilization of scrap metals usage. For more details, please visit . The following is an abstract for the research report. Toro Research: China Armco Metals, Inc. (CNAM) Toro Research is initiating coverage of China Armco Metals, Inc. (CNAM), a U.S. company doing business in China, with a speculative "Buy" recommendation and a performance rating of 8.5, on a scale of 10. The recommendation is based on the company's strong sales performance in 2009, which included two completed contracts in September valued at approximately $24 Million, as well as its upcoming, state of the art, scrap metal recycling facility. With construction of the facility already completed, recycling operations are expected to commence in December 2009, and the facility's production capacity should make the company one of China's top 10 largest scrap metal recyclers.

 

[kuwlness]

$CSGH on fire. Whoohoo, love it. CMTP too, damn sold too soon again, lol. CPQQ, breaking back out from the $1 range and now there's some profit takers taking their easy 20% gains, don't blame 'em, but I want more, at least 80% ROI before I take some off the table. Easy money.

 

[kuwlness]

Added more PUDA @ $5.23


Healthy pull-back from a nice uplisting run. Now, let's continue this uptrend. $5.20 was resistane going up, lets see if the support holds. : )

 

[kuwlness]

CHIO - filed an NT-10K meaning they will be filing their 10K within the next 15 days. Keep your eyes out for it. Here's something to consider when deciding whether CHIO is a good buy:


China Car sales nearly DOUBLED and home sales up 70% in August

By Bloomberg News

Sept. 30 (Bloomberg) -- Chinese manufacturing expanded for a sixth month in September on government stimulus spending and record bank lending in the first half of the year, a purchasing managers’ index released by HSBC Holdings Plc showed.

The index dropped to a seasonally adjusted 55 from August’s 16-month high of 55.1, HSBC said in an e-mailed statement today. A reading above 50 indicates an expansion.

Premier Wen Jiabao said Sept. 10 that it’s too early to withdraw stimulus measures that are countering a slump in exports. China’s State Council announced yesterday bans on building aluminum smelters for three years and the expansion of the steel industry for an unspecified period to prevent overcapacity problems undermining the recovery of the world’s third-largest economy.

“China’s economic activities will continue to accelerate and further cement the nation’s recovery,” said Xing Ziqiang, an economist at China International Capital Corp. in Beijing. “Exports may soon start to rebound as the U.S. and Europe emerge from recession.”

The yuan traded at 6.8268 against the dollar as of 2:36 p.m. in Shanghai, from 6.8275 before the data were released.

An output index fell to 57.6 from 58.4 in August, a measure of new orders declined to 58 from 59.3, and an export-order index dropped to 54.4 from 54.9. The employment index rose to 53, the highest level in 25 months, on climbing sales, HSBC said.

Cement, Coke

The government has this year highlighted overcapacity as one of the nation’s biggest problems. The detailed measures announced yesterday also include a temporary halt to new cement projects and a ban on expanding coke projects for three years.

The State Council’s warning that overcapacity has the potential to undermine the nation’s recovery contrasted with the positive signs from the PMI.

“New business growth remained substantial, signaling that the recovery in demand from both domestic and external sources is well on track,” said Qu Hongbin, chief China economist at HSBC in Hong Kong. “Rising employment in the manufacturing sector is even more encouraging because it suggests that China’s infrastructure-led recovery is starting to spread over to the consumer sector.”

BASF AG, the world’s biggest chemical producer, and China Petroleum & Chemical Corp. this week started to build a $1.4 billion chemical plant in Nanjing to meet rising Chinese demand.

Cars, Houses

The nation’s industrial output gained the most in a year in August as passenger-car sales almost doubled and house sales jumped 70 percent. Urban fixed-asset investment rose 33 percent in the first eight months as new loans jumped to a record $1.2 trillion.

Exports fell for a 10th month in August, declining more than economists forecast, highlighting Premier Wen’s concern that China’s recovery is “unbalanced” and not solid. The State Council, the nation’s cabinet, on Sept. 22 pledged more loans, tax cuts and government procurement to help small and medium- sized businesses weather the financial crisis.

“The government is expected to maintain its supportive policies, while targeted adjustments may be used to control certain sectors where overheating is a concern,” said Jing Ulrich, head of China equities in Hong Kong for JPMorgan Chase & Co. “Broad-based macroeconomic tightening will only materialize with greater inflationary pressure and a significant recovery in exports.”

Tomorrow’s PMI

The HSBC PMI is based on replies to questionnaires sent to purchasing executives at more than 400 manufacturing companies.

A government-backed purchasing managers’ index will be released by the Federation of Logistics and Purchasing at 9 a.m. local time tomorrow. The index may have risen to 55 in September from 54 in August, according to the median estimate of 13 economists surveyed by Bloomberg News.

China’s manufacturing growth adds to positive signs around the world. Confidence in the global economy held at a record high this month, a Bloomberg survey of users on six continents showed Sept. 17.

In the U.S., the Federal Reserve indicated last week for the first time since August 2008 that the nation’s economy is accelerating, while the European Commission forecasts a return to growth in the euro-area economy this quarter.

European Central Bank President Jean-Claude Trichet said yesterday that it is too early to start withdrawing unconventional measures and declare the global crisis over.

http://www.bloomberg.com/apps/news?pid=20601089&sid=ap9UW.huSMpM

 

[kuwlness]

China Manufacturing Expands a Sixth Month, PMI Shows

By Bloomberg News

Sept. 30 (Bloomberg) -- Chinese manufacturing expanded for a sixth month in September on government stimulus spending and record bank lending in the first half of the year, a purchasing managers’ index released by HSBC Holdings Plc showed.

The index dropped to a seasonally adjusted 55 from August’s 16-month high of 55.1, HSBC said in an e-mailed statement today. A reading above 50 indicates an expansion.

Premier Wen Jiabao said Sept. 10 that it’s too early to withdraw stimulus measures that are countering a slump in exports. China’s State Council announced yesterday bans on building aluminum smelters for three years and the expansion of the steel industry for an unspecified period to prevent overcapacity problems undermining the recovery of the world’s third-largest economy.

“China’s economic activities will continue to accelerate and further cement the nation’s recovery,” said Xing Ziqiang, an economist at China International Capital Corp. in Beijing. “Exports may soon start to rebound as the U.S. and Europe emerge from recession.”

The yuan traded at 6.8268 against the dollar as of 2:36 p.m. in Shanghai, from 6.8275 before the data were released.

An output index fell to 57.6 from 58.4 in August, a measure of new orders declined to 58 from 59.3, and an export-order index dropped to 54.4 from 54.9. The employment index rose to 53, the highest level in 25 months, on climbing sales, HSBC said.

Cement, Coke

The government has this year highlighted overcapacity as one of the nation’s biggest problems. The detailed measures announced yesterday also include a temporary halt to new cement projects and a ban on expanding coke projects for three years.

The State Council’s warning that overcapacity has the potential to undermine the nation’s recovery contrasted with the positive signs from the PMI.

“New business growth remained substantial, signaling that the recovery in demand from both domestic and external sources is well on track,” said Qu Hongbin, chief China economist at HSBC in Hong Kong. “Rising employment in the manufacturing sector is even more encouraging because it suggests that China’s infrastructure-led recovery is starting to spread over to the consumer sector.”

BASF AG, the world’s biggest chemical producer, and China Petroleum & Chemical Corp. this week started to build a $1.4 billion chemical plant in Nanjing to meet rising Chinese demand.

Cars, Houses

The nation’s industrial output gained the most in a year in August as passenger-car sales almost doubled and house sales jumped 70 percent. Urban fixed-asset investment rose 33 percent in the first eight months as new loans jumped to a record $1.2 trillion.

Exports fell for a 10th month in August, declining more than economists forecast, highlighting Premier Wen’s concern that China’s recovery is “unbalanced” and not solid. The State Council, the nation’s cabinet, on Sept. 22 pledged more loans, tax cuts and government procurement to help small and medium- sized businesses weather the financial crisis.

“The government is expected to maintain its supportive policies, while targeted adjustments may be used to control certain sectors where overheating is a concern,” said Jing Ulrich, head of China equities in Hong Kong for JPMorgan Chase & Co. “Broad-based macroeconomic tightening will only materialize with greater inflationary pressure and a significant recovery in exports.”

Tomorrow’s PMI

The HSBC PMI is based on replies to questionnaires sent to purchasing executives at more than 400 manufacturing companies.

A government-backed purchasing managers’ index will be released by the Federation of Logistics and Purchasing at 9 a.m. local time tomorrow. The index may have risen to 55 in September from 54 in August, according to the median estimate of 13 economists surveyed by Bloomberg News.

China’s manufacturing growth adds to positive signs around the world. Confidence in the global economy held at a record high this month, a Bloomberg survey of users on six continents showed Sept. 17.

In the U.S., the Federal Reserve indicated last week for the first time since August 2008 that the nation’s economy is accelerating, while the European Commission forecasts a return to growth in the euro-area economy this quarter.

European Central Bank President Jean-Claude Trichet said yesterday that it is too early to start withdrawing unconventional measures and declare the global crisis over.

http://www.bloomberg.com/apps/news?pid=20601089&sid=ap9UW.huSMpM

 

[kuwlness]

Hope you bought more PUDA yesterday. You'll see why shortly.

 

[ANOTHERDAY]

Hope you bought more PUDA yesterday. You'll see why shortly.

I have 78 shares of TSO (bought at around $15)

I have 78 shares of OIS (bought at around $19)

Looking to cash out and try others, what do you think?

 

[kuwlness]

I have 78 shares of TSO (bought at around $15)

I have 78 shares of OIS (bought at around $19)

Looking to cash out and try others, what do you think?

I dont care for either of 'em (TSO is so-so), and considering your small share lots, I'm assuming you don't have a whole lot to invest. Are you looking short-term or long-term? I can help, just need a better idea of what you're trying to do. PMing me is best if you dont want to talk financials on the forum.