3SOF

I got out this morning so it should turn and run to $3 tomorrow (that's the way my investment luck has been running lately).

Interesting move for NMKT today. 

I stand corrected.  The 9% was quarter over quarter growth.

I believe the CHID's revenue growth results were disappointing. 

If I recall correctly, their earnings release indicated a 9% year over year revenue growth in a market as large as China - disappointing to say the least (as is the pps dive from over $1.00 to .62).  Acquisitions seem to be the only way they'll get to "double digit" growth as I don't expect the current management can drive it there organically.

I'm hoping for a jump in the stock price so I can bail - which I don't see happening without acquisition news.

NEWS for CHID:


China Digital Communication Group Board of Directors Appoints Ran Liang as CEO
Tuesday May 30, 4:15 pm ET


LOS ANGELES, CA and SHENZHEN, CHINA--(MARKET WIRE)--May 30, 2006 -- China Digital Communication Group (OTC BB:CHID.OB - News) announced today that Ran Liang, CEO of Shenzhen Lan Ke Electronic Co., has been appointed CEO of the company.
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After graduating from JiangXi University of Finance and Economics with a bachelor's degree in accounting and international business, Ms. Liang began her career as the audit project manager at Shenzhen Zheng Feng Li Fu CPA firm. In 1998, she was certified as a CPA in China, then became director of the finance department at Zhong Wang Assets Management Co., Ltd., in 2001. Ms. Liang became the customer manager at Hua Xia Bank, Shenzhen Branch in 2002. In 2003, she held the position of chief financial officer of Shenzhen Lan Ke Electronic Co., Ltd., then was promoted to CEO.

China Digital Communications Group President Yu Xi Sun, who has served as temporary CEO since Chang Chun Zheng stepped down in early April, said, "Ran Liang is a talented individual who we believe will successfully lead our company through two important acquisitions this year. She has quickly risen to the top of all of her ventures. The board is confident she is the best person for the job and help establish China Digital as a recognized leader in our industry."

Ms. Liang said, "I thank the China Digital Board of Directors and shareholders for this opportunity. I will immediately begin working to complete the two previously announced acquisitions on schedule. Under the leadership of this management team and the company's business strategy, I believe we will achieve our goal of becoming a leader in the field of energy and telecommunications, especially 3G areas, through mergers and acquisitions and attaining our objective of maximizing shareholder value."

OUCH!!!

CHID just printed a .597.  This is too painful to watch.

Another day of pure frustration with this stock - with it ever go up?  Any idea's where the bottom is for CHID?

Thanks in advance.

Wow - that hurt.  CHID dropped like a rock thru the .68 level.  I was hoping it would reverse after last weeks close - but no such luck.

Looking to buy back in sometime next week.

Chid is continuing to decline - I bought in higher and am looking to exit in the .70's if it continues to slide.   

I would like to be in when the first acquisition is announced, but CHID could be much lower before that happens. 

Any thoughts on CHID's TA?

Thanks!

In at .037 - when do we sell?