CHNR what a day

Discussion in 'Stocks' started by gobar, Oct 3, 2007.

  1. I got 100 shares, but closed it pre-market at a loss. No use trying to fight this thing.
     
    #11     Oct 4, 2007
  2. i'm soooo bummed i can't get shares to short.

    looked at the filing today.
    practically no earnings growth and a 80 forward PE. (8M US in earnings against 13.5million shares. .59/yr earnings against share price of 48)

    http://biz.yahoo.com/prnews/070919/dcw044.html?.v=1

    look at the y/y numbers. Thats like 10% earnings growth. Stock is at least 6 times above fair value (which is 8-10)

    for some reason IB isn't letting me short CPSL and JRJC like yesterday as well... maybe everyone else is already short...
    perhaps its a sign to wait a little.

    believe it or not, this stock makes JRJC look cheap.
     
    #12     Oct 4, 2007
  3. bendror

    bendror

    lets see the numbers tomorrow
     
    #13     Oct 4, 2007
  4. I was watching this one on Friday, and thought about getting in on 02 October, after it closed at 16 on 01 October. I woke up late, and found the stock trading at 22 on Tuesday, so I passed. On Wednesday I gave in, and got in buying 400 shares at 37.30.

    Sold today, Thursday for 46.95. I thought about staying in for 48 minimum, but these moves are dangerous in my opinion. It is easy to get sucked in and find yourself with a large loss versus.
     
    #14     Oct 4, 2007
  5. pbj

    pbj



    The larger mine is equivalent to about 30 football fields, and the smaller one is the size of about 2 football fields. You must live on a ranch in Montana if your back yard is that big!
     
    #15     Oct 4, 2007
  6. ElCubano

    ElCubano

    not available for me either
     
    #16     Oct 4, 2007
  7. all upside from here

    short and lose money

    fundemantals are great
     
    #17     Oct 4, 2007
  8. S2007S

    S2007S

    CHNR 5 dollars off its highs.
     
    #18     Oct 4, 2007
  9. jnbadger

    jnbadger

    The the company just said there have been no new developements to explain the stock's move.

    Can't get shares. Shit.
     
    #19     Oct 4, 2007
  10. Texas to be precise!
     
    #20     Oct 4, 2007