3SOF

News: Form 8-K : Change in Directors or Principal Officers, Financial Statements

Update:
CHID managed this market sell off pretty well so far, holding near the recent highs, and closing the day at $0.60.
We can now draw a short term ascending line with support now at $0.56. We'll keep the same plan for now, and wait for developments.

Trading Plan:
Hold CHID with a stop @ $0.3990

Regards,

Update:
CHID is now touching the short term ascending support line.

Trading Plan:
Hold CHID with a stop @ $0.3990

Regards,

CHID - Ludlow China Small cap Index

CHID added to this small cap China index.

http://www.ludlowcapital.com/indices/china/smallcap.html

http://biz.yahoo.com/iw/060718/0145391.html

HUGE news.   

CHID is a dramatically different company now. 

 buddjas1 :

This news was expected -  you may  read  messages #4  #6  #13  #23 posted in
this thread on January this year about CHID's subsidiary

Anyway lets hope this stocks warms up again to higher values

jorgegr

I think you are confusing the CompUSA situation with this news. 

Anway, I agree; it's about time to see some higher prices.

News: China Digital Communication Group Begins Assembling Lithium Batteries

Update:
CHID broke the short term support, the volume was extremely low (about 90% below the average). The news about the Lithium Batteries came after the close, and this should bring some buying pressure today.

Trading Plan:
Hold CHID with a stop @ $0.3990

Regards,

is this "sell on the news"?

Update:
CHID has been moving erratic for the short term, always above the 0.49 support level but not able to surpass the 0.60 resistance yet. This is starting to look as an accumulation range, but with no well defined pattern for now. We'll keep holding with the same stop for now.

Trading Plan:
Hold CHID with a stop @ $0.3990

Regards,

Back in today at .53

China stocks are back, hope CHID rides along!

Quote from: boatguy on July 27, 2006, 05:07:56 PM
Back in today at .53

China stocks are back, hope CHID rides along!

Welcome to the party Boatguy.  Well, it hasnt been much of a party lately, but if you are right that will change soon!

Just curious about why China stocks are back in general, can you elaborate?

Hi Tokyopua

Check these charts: CTDC, CHNR, AOB

as boatguy says some small cap china stocks have been moving this week, some of them with volume: CAAS, CBAK, CHNR, CTDC (possible nasdaq delist and it has moved big), CYD, CHINA, AOB..

hope CHID follows them

China Digital Communication Group Added to China Small Cap Index
China Digital Communication Group (OTCBB: CHID), one of the fastest growing battery components manufacturers in China, announced today that it has been added as a component of the Ludlow China SmallCap Index.

China Digital CEO Ran Liang said, "We're pleased to be part of the Ludlow China SmallCap Index. This further enhances our visibility in the American capital markets and provides us with useful exposure to investors."

About Ludlow Capital

Headquartered in Manhattan, Ludlow Capital is a full service investment banking company that assists companies and institutional investors by arranging private equity financing and secondary public offerings.

The Ludlow Small Cap China Index is a basket of some of the top U.S.-traded OTC and small cap Chinese stocks. The index provides institutional and individual investors a gauge for tracking the day-to-day performance of small cap Chinese stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on China's emerging market. The Ludlow China Index is owned and operated by Ludlow China Fund, Inc., based in New York City.

http://biz.yahoo.com/iw/060728/0148636.html

Lalitha

Sorry, guys, looks like we've been had here.

http://www.sec.gov/Archives/edgar/data/1144320/000091068006000793/ex99_2-f8k072606.htm

Sono is losing money.  CHID paid a lot of money for a company that apparently lost a ton of business.