my cut-off for ave. vol is usually 400K below this volatility is too much for me.. http://finance.yahoo.com/q/bc?s=CVDT.OB&t=5d&l=on&z=m&q=l&c= also CHINA MOBILE (CHL) been brewing for 3 days now.. keep an eye on this guy
Hey Stoney, When I wasn't busy getting creamed by my longs today I picked up a small bit of that AOB that you recommended. Got it right before close. It shows some support at ~12.80. I'll buy more if it touches the 12.25 range... stop set at 11.85
China VOIP got to love a chinese company based out of henderson NV! The problem here is their main product which allows voice over internet is just not going to be favored by the Chinese government who already try to patrol what their people can see and type about on the net. To include voice analyzers and key words in their campaign of oversight would be very.... george bush!
Bonzo for Bonso? Hello Coloradoguy. First off love a company based out of tortola! No taxes I imagine and if we have to go there for a " corporate " meeting- so be it- nice island. There is ONE warning sign with this company which is it's 1 month 29% rise was accompanied by minus 46% volume! The good news it's above it's 50 & 200 day MACD ST and LT look Bullish, money flow direction is up. An buy point for me would be $4.85 - $5.00. $5.40 is clear resistance having stopped there last week, break through that and it's a nice picture. From The co: "Our sensor based product sales remain strong. Yet, we are facing increasing pressure from rising oil prices, raw material prices and rapid increase in labor costs. This has squeezed our gross profit margin from 19.7% to 18.9% in the second quarter when compared to the same period last year. Fortunately, we identified these factors early and took appropriate action to offset the impact on second quarter earnings. We still maintain a strong cash position and our cash position at the end of the quarter is $10.7 million, or approximately $1.92 per share." Well the oil bit seems like a NEG too in that oil prices have come down so much perhaps they actually " hedged " at prices above where they are now! About Bonso Electronics Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of telecommunications products, electronic scales and weighing instruments and health care products. Bonso products are manufactured in the People's Republic of China for customers primarily located in North America and Europe. That last bit is interesting all the China plays I have been playing are catering TO China this is an exporter benefiting from our weak dollar and low labor costs. How could the stonedinvestor not like a company that makes scales and weighing equipment? To be watched I think....BNSO.
BNSO and ACH seem to be going well for me, as of the moment I am writing this message. On the other side, I'm thinking getting into JBLU was a really bad move. I didn't put much money into it, but enough that I wish it was in one of the two aforementioned companies instead. How's everyone else's day going? ~~CG
Hey tank_abbott I have been working hard on ADY. I noticed it traded firm in market weakness and in the face of Chinese stock weakness. Perhaps it's relatively low float allows it to hide. I've come up with some good stuff and will release a stonedinvesting coverage piece monday or tuesday. At what price did you enter?
imo the china segment has some of the more exciting and diverse market correlation behavior right now.