3SOF

Thx  Alien 41

jorgegr

Quote from: jorgegr on June 05, 2006, 09:47:02 AM
It seems the conference will be on June 15th (not July 15th)   
Am I right???
The CEO had annouced some days ago about a PR around June 20th

Which is it then?

jorgegr

Yes, June 15th (not July) sorry

Another «difficult» session for CHID, following most of Chinese stocks for the day...
From a technical point of view, today's low ($0.588) was a first test of the ascending support line, CHID recovered a few ticks and closed above $0.60 again.

Hold CHID

So was the CHID run-up just a pure pump & dump?  The move has totally evaporated now, with high volume.

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. 

Quote from: Loffigus on June 07, 2006, 04:03:29 PM
So was the CHID run-up just a pure pump & dump?  The move has totally evaporated now, with high volume.

No, I don't think so, CHID had a huge run, and a huge correction, but was not a «pump & dump», CHID suffered from really bad market conditions and general pessimism. But I still believe CHIDs potential is a real thing and the stock is very attractive from a fundamental point of view (although, technicals are not in good shape).

Update:
CHID made a new low on this move, closing below the ascending support level. This is not good from a technical point of view, but we are willing to give a little more room to this trade, since this could be the last exhaustion selling drop before the upside move we are expecting.

Hold CHID

Regards,

Wow, no posts in 3SOF portfolio today, maybe a sign of capitulation?  I know today was rough on me...  I sold half my CHID today, then it went back up...

Looks like emerging markets everywhere got hit today, all the ETFs dropped and I have notiiced a correlation to CHID as well on days where they drop.

The Japan ETF has dropped over 20% since its peak last month, and that ETF holds stocks that are major Japanese corporations.  So it only makes sense that a Chinese penny stock is going to get punished even worse over that time as China is an emerging market.  It was all over CNBC today about how investors are scared and want to bring their money closer to home.

Seems like only news about the acquisitions or the president buying shares is going to stop this slide IMO.

CHID was down again to new short term lows... The All market went down heavily during the morning, and CHID was no exception. I'm looking to this move bellow the support line as signal of final capitulation and a bottom, but we need a confirmation soon...
If the market goes up from here, CHID should start the expected upside reaction, and if it doesn't then we may have to revise this position strategy.
(Please read my last comments on the market: A Key Reversal Day?)

News (already posted here, but now from a news source):
- Arch Investment Conference Thursday, June 15, 2006 in New York for Small and Micro-cap Companies

We are looking forward for this Conference, as CHID is trading at very attractive prices from a Fundamental point of view.

Trading Plan:
Hold CHID

Best regards,

Rams,
I noticed u tend to use the log scale alot.
I personally like to refer to both as they both give me different prespectives, similar to the weekly and daily charts...
Well anyway... make a long story short.. I see CHID.ob bouncing off its long term support nicely Thursday and once again Friday....

Pls comment if u disagree...

Cheers
B

There is a lot TA on the OTCBB board made by Carlos Borja that clearly explains
volumes and trends of this stock.

jorgegr

yes i know...
thanx
who is ceasar but David himself....

Quote from: jorgegr on June 11, 2006, 11:08:23 PM
There is a lot TA on the OTCBB board made by Carlos Borja that clearly explains
volumes and trends of this stock.

jorgegr

Not Carlos Borja... It's César Borja
Yes, that Topic has a lot of great inputs about CHID:
http://www.otcbbcoverage.com/stocks/index.php?topic=12.0

Quote from: beroznikmal on June 11, 2006, 10:48:57 PM
Rams,
I noticed u tend to use the log scale alot.
I personally like to refer to both as they both give me different prespectives, similar to the weekly and daily charts...
Well anyway... make a long story short.. I see CHID.ob bouncing off its long term support nicely Thursday and once again Friday....

Pls comment if u disagree...

Cheers
B

Hi beroznikmal,

Me too, I use both the log scale and the regular one Both give us different indications and key values, as they are both valid for TA. I opted for the semi-log scale on CHID updates, just because of the significant price amplitude on the chart.
And that's right, CHID didn't break the support on the regular scale yet (I'm using it today on this update). Nevertheless, I think CHID may have already found a bottom for this sell off.

Trading Plan:
Hold CHID

Best regards,

www.streetinvesting.com: China Digital Communication Group Shareholder Update
Wednesday, June 14, 2006 04:50 ET

Jun 14, 2006 (M2 PRESSWIRE via COMTEX) -- Streetinvesting.com is the author of this release. Our goal is to educate, inform and initiate a creative philosophy of investment tactics. This release is a result of China Digital Communication Group's (0TCBB:CHID) latest corporate developments and their recent trading activity, up approximately 1.47% on Tuesday, with 869,802 shares traded by 145pm ET. Streetinvesting.com strives to help investors seek a diversified portfolio by introducing techniques to help grasp a better understanding and concept of the market and the daily activities that a company experiences. To learn more and become part of the acclaimed online financial newsletter community, visit www.streetinvesting.com for a complimentary subscription.

China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital Communication Group is continuing its expansion across East Asia, while seeking distribution partners and acquisitions in new global markets, including the United States.

Streetinvesting.com wishes to update its members on the latest news surrounding China Digital Communication Group.

On June 9th, 2006, China Digital Communication Group, or, "CDCG," announced that Director Alfred Simon and Vice President of Corporate Development Roy Teng will be presenting at the Arch Investment Conference in New York City at the Hotel Plaza Athenee on Thursday, June 15.

Simon and Teng will discuss the company's latest financial status, two upcoming strategic acquisitions, market opportunities and growth initiatives. A webcast of the presentation will also be available to parties which are interested and it will be available for viewing at http://www.investorcalendar.com/IC/CEPage.asp?ID=105701&CID.

The aforementioned Arch Investment Conferences was founded in 2005 by German de la Roche. The June conference is one of nine such conferences being held in New York during 2006. Since its inception and through January 2006, more than 1,200 investors, primarily institutional, have attended or been part of the conference webcast audience.

La-Honda:

Your permanent daily  follow-ups in several boards I'm sure is highly appreciated
by the current  6870 subscribers particularly, during the last few days when we
needed some company to share our worries.  Applaud and keep them coming.

During these difficult days people like yourself that don't hide under the rug
is what we expect and care for . Applaud

K Rgds

jorgegr

Quote from: jorgegr on June 14, 2006, 11:33:41 AM
La-Honda:

Your permanent daily  follow-ups in several boards I'm sure is highly appreciated
by the current  6870 subscribers particularly, during the last few days when we
needed some company to share our worries.  Applaud and keep them coming.

jorgegr

Wow, is that 6780 paying members, or total members?  In any case, quite a big community here!