3SOF

As said I bought one of our users picks posted in the Stock Picking Board. The picker was fred, the man is talking about this stock since $3 !!!  

Well, today it caught my eye ... I will update this recommendation after the close.

fred has made an extensive research on CLWT, I'll just put the link to his post: CLWT: A fundamental opportunity on the short and long term?

The sector is very appealing and I've read some news at the company's website and it is growing, opening new offices across China. As we can see in the chart when we get these surges in volume the following days we have an equal enormous spike in price. I hope history repeats itself, and since fundamentals are improving and the sector is hot, why not see this stock above $10 in the next few days?

Quote from: David Randolph on June 27, 2005, 03:39:14 PM
As said I bought one of our users picks posted in the Stock Picking Board. The picker was fred, the man is talking about this stock since $3 !!! 

Well, today it caught my eye ... I will update this recommendation after the close.

Thx david,
Even being a non-pro-trader, i was kind of surprised nobody seemed to like CLWT.
In my humble opion this stock should somewhat higher. The only reason ,i think, why CLWT is still that low is not because of CLWT itselfs, nope.... it's all about the CHINESE. You can call them great communicators since they raise there voice only once a year: when it's earning time.
That means that every time something 'good' happens (good earnings, tsunami) the stock flies really high to come back at a basic level in a short time because of radiosilence.
So i'm not sure if it's a good longplay but at the short timing with earning ahead we have probably a nice run ahead of us.
The question is how high can it go? 9? 12? or even higher?

fred, do you know the date of the earnings release? It would be nice to know ... if you have the time please do some DD on this (maybe send an e-mail to the company). Thanks a lot !

Sorry man, not an idea. As i said they don't talk too much.
What i can say is that previous years it always was end of June, beginning of July. So it could be imminent.

Just mailed them(CLWT) THE QUESTION.
I will let you know if they answer.Doubt it

Keep up the great work, David.

Thanks mate, good luck 

CLWT has a liquidity problem (in terms of number of shares traded) and price fluctuates a lot, so risk and potential is high on this trade.

Fred says results will probably come out in the next few days and from what I've seen from the company they will probably be good, so I'll hold the stock until the news is out. Give it a couple of weeks to surge for me to sell into that surge ... I ain't no long term investor although I appreciate the fundamental background of this stock.

Historical earnings release dates:
FY 2001 - 6/28/02 (Thursday)
FY 2002 - 6/27/03 (Thursday)
FY 2003 - 6/29/04 (Monday)
FY 2004 - ?? If i was a betting man i would say 6/30/05 (they seem to like Thursday release dates)

Earnings release is some time TODAY. Either this afternoon or after the bell. All the best
Irish

David, any ideas what your target will be?

I've got dialup, yesterday I put in a buy for 4.22. Somehow my ScottradeElite charts weren't updating correctly. My buy went in for 4.59. Now I'm just hoping to get myinvestment back.


Trusting the site more and more.

Hi Irishman, did u see something about earning release today?

Thanks!

Eager-
Yes , it's definitely today, but the Chinese are VERY unpredictable. It's interesting to note however, that one of the directors filed to sell 37,000 shares tomorrow. After earnings Could be he is going to take advantage of what he already knows or it could be just a coicidence. Who knows? But it is interesting. All the best.
Irish

I don't usually hold into earnings, but taking a chance on this one. Entered right before the bell at 4.25. Hope this bet pays off.

Humm, I searched through the company's website but found nothing about results. Yet, I see the stock being traded on the after hours and it is up about 3%.

Depending on the effect of the earnings release on the open I will sell or not. Since liquidity is very low on this stock I'm thinking about selling it (although fundamentals are sound like fred wrote), just not my kind of play.

Before the open I'll report something, but I think the open should be above $4.90 if we have a positive surprise on earnings from CLWT.