3SOF

Like old times, a Randolph Rocket!

Quote from: Lucas Scott on November 21, 2006, 04:14:24 PM
Like old times, a Randolph Rocket!

Man, it's good to see you Lucas Scott ! Thanks

I'll take the risk of being boring, but I've lived long enough on the stock market to get excited about a white marubozu or depressed by a red one. An investor needs to balance his emotions.

Once I read about a speculator that would be pissed off when he won and quite cheerful when he lost, as he practiced this balance idea so vividly.

Considering CHINA, I see a lesson here. And the lesson is: stocks don't go up in a straight line ! Moreover, a few days of correction don't mean anything, not in technical or fundamental terms. So everybody should stop looking at every tick and stop thinking so much ! (of course, myself included).

I'll continue holding CHINA.

Quote from: Lucas Scott on November 21, 2006, 04:14:24 PM
Like old times, a Randolph Rocket!

You can say that again, Lucas Scott !
The man has returned......

Quote from: tokyopua on November 14, 2006, 01:28:05 PM
I filled a half position at 7.00, and if it fills the gap today I might add another half position.  Go CHINA!

Heh, wishing I had filled a whole position on this rocket.  But even with a half position, CHINA saved my portfolio from being in the red today.  Thanks for this pick, David!

Wow a 20% move in 1 day (congrats all who are in and David for the pick) AND Lucas Scott is back. Long time no hear buddy. I am way too excited by that

Thanks for your supporting comments setravis, tokyopua and AussieTrader

CHINA had a perfectly normal correction after an 18% single day jump. It was a constructive session, making no damage whatsoever to the bullish technical picture.

It is much better to have a day like this, where after a long white marubozu the stock opens down and stays down, than to open with a gap up and close down. The way it happened the candlesticks favour a continuation of the short term advance phase.

I'll continue holding CHINA.

Looking to take out $9.

Quote from: 422fwhp on November 24, 2006, 09:59:48 AM
Looking to take out $9.

done

5.2 million shares is a very strong volume for a half session like today. Also nice white candle.

Analysts need to move their estimates up, as I thought they would on the initial analysis:



They're starting, but there's room to push them even higher, since according to the company's guidance fiscal 07 EPS will be something like $0.51 and current estimates are still $0.41.

I'm quite positive that CHINA will beat Q4 2006 consensus of $0.06 Earnings Per Share.

When a stock is acting right, don't rush to take profits.

hi,
sold the rest at 9 today,
everything is turning red .
maxi

Quote from: rickjust on November 27, 2006, 11:15:19 AM
hi,
sold the rest at 9 today,
everything is turning red .
maxi

You're right Maxi, the market was all red today. But I think you should use the current pullback to get back into CHINA, or you may miss the ride.

The stock fell in sympathy with the Nasdaq, but didn't make any technical damage to the short term chart. I'll continue holding CHINA without restrictions.

hi david,
could see the pullback coming this morning . will be looking for a rentry a under 9.
chart still looks good,. i think the general market will retrace for  ( i don't know how long)
we'll see tomorrow. great pick as usual.
maxi

Quote from: rickjust on November 28, 2006, 12:29:49 AM
hi david,
could see the pullback coming this morning . will be looking for a rentry a under 9.
chart still looks good,. i think the general market will retrace for  ( i don't know how long)
we'll see tomorrow. great pick as usual.
maxi

I also slashed and burned a number of stocks today, but did keep CHINA.

Maxi, I was impressed when you went to cash in the last correction, I think you have good instincts.  Are you mostly in cash now, or are you still invested in other stocks? 

hi tokyopua,
i have good instincts for a correction because i am basically a pessimist in the market. lol
less good for a bull.
yes i only have sknn which i bought today at 170. ( i have a bag of ptsc from a while back , but i am not letting it go unless A.  goes to zero. or B. it goes to the moon)
sold my eght for no loss 190. lost today on coms , but i gave it a chance. sold my china and brlc.
i watched the qqqq's this morning and the ten main stocks that make up the q's and they were all red. it has been a good run up to now . i don't think it is over just yet .
my sknn buy looked good when i bought it at 170 and it hit 180 but these pennies are volitile.
like i said on my previous post , i will be watching china for a rentry.
thanks
max

This morning's news:

China.com Shareholders Approve Major Mobile Acquisition
http://biz.yahoo.com/prnews/061128/hktu008.html?.v=2

....and from Reuters:
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20061128:MTFH04438_2006-11-28_11-26-50_WNAS4290&type=comktNews&rpc=44
Nov 28 (Reuters) - China.com Inc. (8006.HK: Quote, Profile, Research), controlled by software company CDC Corp. (CHINA.O: Quote, Profile, Research), on Tuesday said its shareholders approved the acquisition of Timeheart for $15.7 million in cash and stock.

The Hong Kong-listed company said in a statement the decision was unanimous, with over 3.3 billion shares voting for the acquisition.

The acquisition of mobile service provider Timeheart by CDC Mobile Media Corp., a wholly owned unit of China.com, will add to earnings and is expected to close within the week, the statement added. (Reporting by Sayantani Ghosh in Bangalore)