1/2 in at $22.18 so help me Tank- this one is on you! I'll be keeping tabs on all those Chinese folks- they had better start drinking their f*ing milk!
Stoned what is your target price on JADE and TSTC? (and BTW do you have any shorts? I'm looking for some ideas..)
Hey guys been folloeing this thread for a few days. Decided to make my first post. Since you seem to love China i have been in a small little stock NWD. The consistently grow revenues at 12-16%. They are trading at 2 times book, 1.9 times sales, have 14M in cash over debt, trade at only 9.5 times trailing numbers and reported a 9 cent profit last quarter versus only 2 cents last year. They issued 6 mill options to Mak in Dec @ 1.81 a share. And now Lu Jing just sold 2.5 million shares @ 1.61 as of Jan 19th. Both of these moves have dropped the price from the upper 1.80's to the upper 1.50's. I dont get it. Its as if they could careles about the shareholder. I keep DCA's this thing all the way down but am i just grabbing at a falling knife or what? Thanks guys this a very informitive thread and hope to learn from you guys as i go.
Tank- First Off check out this stock screen> I dug up. Price/Sales ratio under 2 - Debt/Equity ratio under 1 - Annual sales growth greater than 10% - Percentage of institutional holdings less than 30% - Market Cap under 500 million - Stock Price between 1 and 20 - 30 day average volume greater than 50,000 - Percent price change last year greater than 50% - Percent price change last quarter greater than 10% The MSN screener has picked a full compliment of stocks. With these 10 stocks, GOAM, KSW, and ANGN stay in the portfolio, but TATTF has dropped off, and so will be sold. The new stocks in the list are NICH, JADE, DOCC, DMX, AMK, CALM, and IBAS. Ahhhh our friend JADE. I am looking for a complete 100% double, my friend. Now what of our MILK stock after 1:00 yesterday! Now that's what happens when volume finds a low volume play- most everyone will open the paper today see a 3X Volume sell off and pile on the short side-- I will see it as a wash out and buy my other half.... With my fingers crossed. TSTC: Mixed emotions I have moved on to XING which I feel is a coiled spring. There was a big Olympics announcement which didn't move the stock as well as I liked through $10 and I bailed. PT would be $11-$12 not much higher but on a pullback.... $9 to $11 sort of trade..... Shorts ideas: * Steven Madden - SHORT (SHOO) - Last $30.47 * AZZ Incorporated - SHORT (AZZ) - Last $44 to $42.60 already working! * U.S. Global Investors - SHORT (GROW) - Last $44.00 on the way to $34. * IAAC been in a freefall already $28-$22! * TWB something called Tween Brands? Has broken into support- may bounce. * SRX boy this one is a horror show already but it just got downgraded on the 19th to boot- SRA International (SRX - news -) downgraded to Hold rating from Buy, Jefferies said. Price target drops to $25 from $37. 2007 EPS estimates lowered to $1.18 from $1.29. * PVTB don't knowe anything about this vbank except it's going down! * AIT recent revenue miss: Revenue rose to $472.4 million from $456.2 million, but missed Wall Street's forecast of $491.3 million. Chart looks bad. * SLM- Good old sally may! Just broke $45 I'm sorry folks it looks like $ 40 or worse to me. Goldman stood by the stock- sort of: Goldman said it is trimming estimates on SLM (SLM - news - Cramer's Take) by 4 cents to $3.34 based on potential Democratic proposals to cut rates on subsidized student loans. See fears as having been exaggerated. Maintained Buy rating and $55 target. * CBH Commerce bank I don't know folks this does NOT look good: Commerce Bank (CBH - news - Cramer's Take) sank 2% in heavy trading Wednesday after a federal investigation of the bank prompted an analyst downgrade. CIBC World Markets cut the stock to sector performer from sector outperformer. Analyst Meredith Whitney, who suspended her $43 price target, said "it is simply imprudent to recommend the stock while the company is under its current investigation." Commerce shares slid 8% Tuesday after the fast-growing Cherry Hill, N.J., bank said it is being probed by the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System for "transactions with its officers, directors and related parties, including transactions involving bank premises." Counterfitting? Drugs? After banking hours parties? what could of been done " on banking premises "??? Shares fell 63 cents early Wednesday to a 52-week low of $31.20. Other shorts to watch: IIG, RIMM, POOL. :eek:
What the hell are you talking about a 6.9 earthquake? Well even that won't stop China from buying jewelry which they have not done in any real way ever until now....
I see GIGM is stirring folks This Is A Last Chance To get On This Train I think! Re entered CHDX today probably at my own peril!
Bought into JADE at 6.8 and GIGM at 10. ACH - yay, I've recovered 10% of what I lost in those !@#$ing airlines.
Colorado- you're sitting pretty now. A industrial play ACH a retail play JADE and a game play GIGM. What I would do now is think about biotech. I still need to get back to you on your name at first glance there was little info available, I'm still digging. Basically you should let these run now and I expect you will have all the airline money and then some in short order.