CMTP.OB)

[David Randolph]

Oh boy, I'm so glad to see friends entering CHID.OB. The stock came down yesterday, but still closed above the previous day's midpoint, which was $0.51 (Michael, you say you're not very good with momentum stocks, and then you buy right at the low of the day - any day trading experience? You don't believe, at all, in day trading, right? Has it always been like this? Just curious !).

This is a perfectly normal pullback (an healthy pullback), and CHID.OB will probably shoot higher over the coming sessions.

The whole thing seems to be just starting ... the problem is the stock may run so fast that it goes to very overbought levels, and then it pullbacks a lot. Since the market cap is so small ($27.78M) volatility may be very high.

I'm not willing to let go of CHID.OB without some bags of profit. Good luck 

(yet, be careful and don't invest too much, say, just 5% or less of your portfolio, you know how OTCBB companies can deceive investors by selling many shares in the open market or providing false information, specially a Chinese company)

[gri64]

Is it still "Looks good" ???Today -9.8%
If it will break 0.45 (61.8% Fibonacci retr. level), I'll sell 

Any thoughts, suggestions?

[Michael]

Hi Gri,

Well I guess the answer to your question depends on how you look at shares.

It is a little like looking at women. For some people a beautiful sexy woman with nice curves can be a dream woman. Other prefer women with strong arms that can wake up at 6am to milk the cows and then of course there are those who prefer a woman with experience and a fat bank account.

Well for me CHID is a sexy young woman with a nice bank account who are ready to go out and work to pay her own bills. Now that is a dream woman for me - sorry that is a dream stock for me 

Now if you are a technical trader probably you are starting to look around for the next big love.

David, I am not a day trader and I will never be a day trader. I guess I am a bit too slow (read old). I would never run the 100 meter sprint but I am still hoping to complete my first marathon. Just to set the record straight I didn't buy at the low of the day and in fact I haven't added to my position yet. That might however only be a matter of time.

Mike

[gri64]

Hi Michael,

Thank you VERY much - for your answer and for all your posts.

How I look at shares - it's a great question! 
It depends...
in breakdown:   
in pullback or in channel:   
in wild rally:   

Good luck

[Lucas Scott]

It is a little like looking at women. For some people a beautiful sexy woman with nice curves can be a dream woman. Other prefer women with strong arms that can wake up at 6am to milk the cows and then of course there are those who prefer a woman with experience and a fat bank account.

Well for me CHID is a sexy young woman with a nice bank account who are ready to go out and work to pay her own bills. Now that is a dream woman for me - sorry that is a dream stock for me 

As my high school history professor used to say: "One man's fox is another man's dog. Either way, they're both canines."   For me CHID is a worn out looking "working girl" with 5 teeth in her mouth and needle tracks all over her arm LOL!!  

[gmarc66]

why do men always use women for their analagies and think its ok

not very respectful and we are also members of this board. 

thanks

julia

[basonista]

Maybe this will help CHID a little today.  Looks like they hope to have a bigger stake in the worldwide battery industry.


Press Release Source: China Digital Communication Group


China Digital Communication Group Executes a Letter of Intent With Shenzhen Zhuo Tong
Wednesday February 8, 7:30 am ET


LOS ANGELES, CA and SHENZHEN, CHINA--(MARKET WIRE)--Feb 8, 2006 -- China Digital Communication Group (OTC BB:CHID.OB - News), one of the fastest growing battery components manufacturers in China, announced today that it has entered into a Letter of Intent to acquire Shenzhen Zhuo Tong Power Supply Industry Co., Ltd. ("Zhuo Tong"), a specialty manufacturer and distributor of high-frequency power supply products to the global communications industry.

Mr. Changchun Zheng, CEO and Chairman of China Digital, stated, "Zhuo Tong is well-established in the Chinese power supply market and offers China Digital an experienced leadership team, global distribution partnerships, and a strong revenue base that could more than double our annual revenues. Their high frequency power supply products can provide power required for plasma generation, induction heating, and numerous radar and communications applications, which would significantly broaden our core capabilities. Their products are well suited to power computers, computer peripherals, medical devices, magnetic devices, and test equipment, where reliability and quality control are of paramount importance to both the manufacturer and consumer."

About Shenzhen Zhuo Tong Power Supply Industry Co., Ltd.

Shenzhen Zhuo Tong Power Supply Industry Co., Ltd is specialized in manufacturing and distributing high frequency power supply products, reversible power supply products and other power supply products to the global, communications equipment industry. Shenzhen Zhuo Tong partners include Germany Phoenix Electric Co. and American Luminous Network Co. Shenzhen Zhuo Tong's customers are the communication equipment producers for the IT, power, radio and television broadcast industries.

About China Digital Communication Group

China Digital Communication Group, through its Shenzhen E'Jenie subsidiary, is a rapidly growing manufacturer of battery shells and related technology for use in electronic products, primarily mobile phones. Since December 2003, the Company has adopted the approach of using licenses, joint ventures, mergers and acquisitions to bring battery and telecom equipment makers in China to markets overseas. The Company's products now power digital cameras, camera phones, PDAs and laptop computers in East Asia and beyond. China Digital is continuing its expansion across China, while also seeking distribution partners in the United States. For more information, visit www.chinadigitalgroup.com.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products, and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.

[boatguy]

Wonder if this explains the jump?

Sounds good though-

"Zhuo Tong is well-established in the Chinese power supply market and offers China Digital an experienced leadership team, global distribution partnerships, and a strong revenue base that could more than double our annual revenues."

Wonder what the terms are?

[Lucas Scott]

why do men always use women for their analagies and think its ok

not very respectful and we are also members of this board. 

thanks

julia

Sorry Julia  

[gmarc66]

Thanks Lucas ..i appreciate that

julia

and as with Fousc, i'd like to also congratulate u on the contest win you had! Excellent!

[gri64]

No volume at all - I don't like it...  Any thoughts?
I'm still holding a double position, but may be I'm wrong in the short term... 

PS: Respect to Julia 

[gmarc66]

thanks very much gri64 

julia

[supergeek]

Everyone still liking CHID to go higher. I took a 40% profit on IMNR, which is great since i was down 50% just a few days ago. Here's another canine analogy, One mans bitch is my wife. Just kidding Julia. seriously, dont tell her, she'll kill me. and dont tell her about my IMNR profits, or all the rest of my losses, and we know theres a ton of those.
Bob

[Terliso]

Ok....Let's analyze the chart for CHID.ob by using Trend-Following system..

I may add some more shares on monday... goodluck traders!!!

[gmarc66]

Terlisa, you look so enthused about CHID ..Its on my radar. U think its going to have a nice run soon?

Supergeek, Supergeek...what am i going to do with you Better be good or i'm gonna put my voodoo hex on u...trust me, you don't want to mess with an Italian womans temper...lol, but,  i'm going to let u get away with that comment this time.  Next time i'm telling ur wife! ...then you can deal with her wrath, and i'm sure it won't be pretty...lol
Glad u made out on IMNR...darn i almost got into that too...too bad i didnt dive in..missed it.

Well, Terlisas making me keep an eye on CHID, his/her excitement is rubbing off on me.

goodluck to all

julia