3SOF

Mike,

Isn't it time we add this one back to 3SOV?  I think I will depending on how it closes.

I jumped in at $5.95, it just looks so strong.....let see how this breakout plays out.  AOB, together with IVHG, KOMG, and WDPT are the only green I see in my portfolio today; I guess it could always be worse.

Restarting position AOB:

AOB is showing a lot of strength in this market!  A very bullish move closing over $6 resistance today.. at the same time the market might be ripe for a bit of a bounce.    This run started after an excellent earnings release.

QuoteAmerican Oriental Bioengineering, Inc. Announces Revenue and Earnings for the First Quarter 2006
Friday May 12, 8:29 am ET
First Quarter Revenues Increase 98% versus Last Year: Net Income Increases 125%, EPS Increases 60%
http://biz.yahoo.com/bw/060512/20060512005166.html?.v=1

All moving averages below providing support.  We are looking for AOB to attack its 52-week high on this run.  Since AOB had a very clear strong day yesterday it is possible that it will gap.  We will try to buy under 6.45 in the morning. 


We will buy AOB below 6.45 on 5/16.

Quote from: eliteG on May 16, 2006, 12:13:56 AM

Restarting position AOB:

AOB is showing a lot of strength in this market!  A very bullish move closing over $6 resistance today.. at the same time the market might be ripe for a bit of a bounce.    This run started after an excellent earnings release.

QuoteAmerican Oriental Bioengineering, Inc. Announces Revenue and Earnings for the First Quarter 2006
Friday May 12, 8:29 am ET
First Quarter Revenues Increase 98% versus Last Year: Net Income Increases 125%, EPS Increases 60%
http://biz.yahoo.com/bw/060512/20060512005166.html?.v=1

All moving averages below providing support.  We are looking for AOB to attack its 52-week high on this run.  Since AOB had a very clear strong day yesterday it is possible that it will gap.  We will try to buy under 6.45 in the morning. 


We will buy AOB below 6.45 on 5/16.

I have always liked this stock, glad to see it back on 3SOF!  Count me in tomorrow too!

AOB is already up less than 30% in 9 sessions... I think it is a good idea to wait for the pullback then get IN...

what do u think G?

I was in and out of AOB today... In at 5.70 out at 6.00. I was getting little itchy with the market being sproadic during the day. I dont know how tomorrow looks if the market is ugly can slow down AOB. Im going to watch AOB see if it goes to low 6s I may try adding there.

Quote from: nullzero on May 16, 2006, 01:24:42 AM
I was in and out of AOB today... In at 5.70 out at 6.00. I was getting little itchy with the market being sproadic during the day. I dont know how tomorrow looks if the market is ugly can slow down AOB. Im going to watch AOB see if it goes to low 6s I may try adding there.

Good trade nullzero
3SOF should start looking stocks to short.... we can have 1 or 2 that would be fine

A stock that is up on big down days and has broken key resistance has very high strength, that is AOB right now.

Think we should wait here for pullback.
Value on AOB is only $7.50

China Venture Forum: China Stocks to Watch for Monday, May 15, 2006
Monday , May 15, 2006 10:52 ET

Shanghai, China, May 15, 2006 (M2 PRESSWIRE via COMTEX) -- China Venture Forum, a leading equity research newsletter of micro- and small-cap China Stocks, announced China stocks to watch for Monday, May 15, 2006 include American Oriental Bioengineering, Inc. (AMEX:AOB).

American Oriental Bioengineering, Inc. (AMEX:AOB), an emerging Chinese manufacturer and distributor of plant-based pharmaceutical and nutraceutical products, Friday announced financial results for the first quarter ending March 31, 2006. Net income jumped to $4.9 million, or 8 cents per share, compared with $2.2 million, or 5 cents per share, during the year-ago period. The number of shares outstanding increased to 61.3 million from 42.7 million. AOB traded up 9.34% to close at $5.62 per share with over 5 million shares changed hands. Revenue climbed 98 percent to $19.1 million from $9.7 million last year. If AOB can keep current growth, the stock appears to be cheap at this level.

Quote from: yukiii on May 16, 2006, 02:01:34 AM
Think we should wait here for pullback.
Value on AOB is only $7.50

Quote from: Terliso on May 16, 2006, 01:18:02 AM
AOB is already up less than 30% in 9 sessions... I think it is a good idea to wait for the pullback then get IN...

Pullback...... better price

Got in at 6.00 could of gotten 5.90 40 mins later but oh well.

G and Ramsburg,

This is the second day I did not get the daily update (email).

I just realized 3SOF added AOB.

Thank you very much,

Rafael

Do you guys see a possible touch of supprt around 5.50 area, at least in a possible intraday retracement???

update AOB:

AOB paused but created another lower high so momentum is still with the bulls.  Consolidation at these levels would be healthy but of course we would rather AOB just ran straight up.  Lets see what the rest of the week has in store for AOB.

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Position: bought AOB @ 6.00 on 05/16/2006
Order: Hold
Exit: n/a
Target: n/a
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