First stock tip

[ivyconniver]

I got in this stock in mid January after going to a hedge fund luncheon. He said he looks for stocks that are a "toll road", meaning that people HAVE to use their services no matter what the market is. Examples of this include the publicly stock markets (NASDAQ), car insurance, municipalities.

One he mentioned by name, and is in his portfolio, is Beijing Airport. Growth in china is gangbusters, and as the people get more wealth they fly more. As the country gets more investment focus, more business trips into China. Cash heavy balance sheet, and I don't think it's done going up.

I got in at 0.82 cents a few months ago, and it's up to $1.42 today, I fully expect this to be at $2 by year end. Toss 1% of your portfolio into it, and take a chance. It's about 10000% more legitimate than those stupid pink sheet stocks I've seen on this site.

BJCHF

 

[wrongturn]

How to buy foreign stocks?

 

[PercocetThreat]

How to buy foreign stocks?

A lot of foreign stocks trade in America on the Pink Sheets, this stock is an example of that. BJCHF.pk

 

[ivyconniver]

it's OTC, not foreign exchange, so can buy with most online brokerage houses like Etrade, etc.

 

[CookieNBabe]

I would buy a little, but I just hate anything with the PK attached to it.

Would be nice to see bid and ask prices, and some volume, and chart history. Maybe another broker provides more info than Scottrade?

 

[SouthernMiss]

I know nothing about the stock market. I signed up at ameritrade. Want to by this stock BJCHF. What is bid and ask price? bid price is 1.30 ask price is 1.75. Please help. How do i buy this stock? What price should I buy in for?

 

[PercocetThreat]

I know nothing about the stock market. I signed up at ameritrade. Want to by this stock BJCHF. What is bid and ask price? bid price is 1.30 ask price is 1.75. Please help. How do i buy this stock? What price should I buy in for?

My god, that is a criminal spread, sheesh. If you put a limit buy order in at $1,75 you are just about guaranteed to get your shares. The problem is that you just bought a stock at $1,75 that you can only sell right now for $1.30.

If I were you, I would put a limit order in at like $1.50 and hope you catch a break. Just put in a GTC (good-till-cancelled) order and let it sit until it fills. You may have to adjust the price if the b/a go up. You can put a limit order in at a price closer to $1.30 but there is a small chance that it will get filled.

Whatever you do, do NOT put in a market order, you will get ass raped.

Good luck.

 

[SouthernMiss]

Thanks alot threat

 

[GreenDoberman]

Sounds pretty sketchy. I'd stay away.

 

[sunnyblue100]

With tiny trading volume, it can drop faster than you thought.

 

[sunnyblue100]

But as ivyconniver said, 1% of portfolio, it won't hurt too much, but it won't bring you fortune either.

 

[SouthernMiss]

bid is now 1.48 ask is 1.50

 

[PercocetThreat]

bid is now 1.48 ask is 1.50

There you go, if it stays that way on Monday you should be able to get those $1.50 shares no problem. You said that you do not know anything about stocks, does that mean that you did not do any research? You should not buy any stocks based solely on a message board recommendation, especially a company as speculative as this. If you are looking for a great, solid company to buy then take a look at GRMN. Either way, I wish you the best.

 

[ivyconniver]

nice jump today, up to $1.68

 

[SouthernMiss]

1.86... Anymore stock tips ivyconniver?

 

[ivyconniver]

This one's had a good run, but I don't think it's done yet. If you're hesitant to get in, wait for an overall asian market correction of a dime or two and get in then. Just remember, China still is an emerging market, and there will be corrections. This is one that I'm gonna stick with at least through the new year.

 

[ivyconniver]

There's your two dime pullback, to $1.66. Consecutive down days of 0.04, 0.06, and 0.10. If you're looking for an entry point, I'd wait until it ticks even or up once, then hop in. Never enter on snowballing down momentum as it usually slows back down before reversing course.

Still high volatility interday, which is promising.

 

[sunnyblue100]

just wondering if there is any place that we can check some basic information about this stock, the info on yahoo finance is really limited, even no chart or historical price is provided

 

[ivyconniver]

http://www.bcia.com.cn/en/investor_page.html

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=BJCHF.PK

 

[sunnyblue100]

http://www.bcia.com.cn/en/investor_page.html

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=BJCHF.PK

Thanks and wish you the best of luck