typical stoney.... awaiting big press release any day....... as I give it alot back. Can't say I'm not predictable. But I still have faith!
what do you think a good entry point is? i'm looking for a pullback but these china stocks suck because they can move so quick and i miss my entry
Well if it breaks hod 7.40 and all time high, i don't see much resistance. Only a matter of time I hope.
not just low priced, but correct me if I'm wrong --- 17million in 2006 earnings over 55 million shares outstanding. Thats a 24 trailing PE for a 30% growth company... still reasonable by metrics that make sense. Buying a bunch. thanks.
We, Chinese traders don't give pullbacks. Take look at Shanghai Index, you will know. Pullbacks will bait sellers out, thus, increase resistance, thus, cost more to push higher. I am not one of the big guys in this stock, but I know how they operate, how they select stocks to pump and when they dump. Very similar to Chinese stocks and futures. I was told the Chinese stock run will continue at least entil 2007/10/30. You need watch how much chinese foreign funds are coming out of china to usa to know when the run will end...
Your LOCM is over $8 as you predicted. I think SDTH should close between $7.8 to $7.9 today and go $10-15 before next friday, then rest. See my trades on NINE today: 10/10/2007 09:52:44 Bought 100 NINE @ 5.99 -599.00 --- 10/10/2007 09:52:44 Bought 16287 NINE @ 5.99 -97,564.13 --- 10/10/2007 12:48:41 Sold 11000 NINE @ 7.1 78,098.80 --- 10/10/2007 12:48:41 Sold 1687 NINE @ 7.1 11,977.51 --- 10/10/2007 12:48:41 Sold 800 NINE @ 7.1 5,679.91 --- 10/10/2007 12:48:41 Sold 100 NINE @ 7.12 711.98 --- 10/10/2007 12:48:41 Sold 700 NINE @ 7.12 4,983.92 --- 10/10/2007 12:48:41 Sold 400 NINE @ 7.11 2,843.95 --- 10/10/2007 12:48:41 Sold 1000 NINE @ 7.11 7,109.89 --- 10/10/2007 12:48:41 Sold 500 NINE @ 7.12 3,559.94 --- 10/10/2007 12:48:41 Sold 200 NINE @ 7.12 1,418.97 --- Made $18K on NINE. I read the tape and placed a 20k to take the seller of 20k shares at 5.99, but somebody steals shares from me, and I only got 16K shares filled, but the breakout stands and keep running, then at $7 breakout, the volume is light, so I dump all above $7.