CTDC

[tommyt]

I must have the worse timing imaginable! I bought 1000 shares with 30 sec left before the close, figuring shorts covered for the next leg up. Three news wires say it was halted because of the insane % rise, but this one says it was for its 20% fall in the afternoon:

http://biz.yahoo.com/ap/060203/nasdaq_china_technology_halted.html?.v=1

I got caught holding 1/4th of my CAFE last year, too. But made some nice coinage before it happened. I think China has only begun to bubble though, leading up to the spending craze that will happen for the Olympics. Ultimately, this is a buy and hold-on situation, there will be a lot of shaking out along the way.

[metro]

tommyt

I have no idea why fundamentally this would be a buy here. They are just a start up so the price is at ridiculous levels IMO. Aaron Zhu the co- CEO is a good guy and he was director at Dichain Holdings and CFO of CTGLF. When he left he decided to do a similar thing with the now CTDC. They have ideas but this is early.

This kind of halt happens many times when runs on high volume like this happen. I used to own a search engine company INTA and vol normally was  a few thousand shares and on some days I was the only buyer. They changed their name and got some attention then when it was at around $5 it quickly shot to 17 and they were halted for investigation. That stock is MAMA now. I never shorted that one but remembered it well and did short this one though covered at close Friday in case they came out with any fluff news Monday.

I do have CTGLF for long term as they are making a profit and have ties to the China Merchants Group.

I will play CTDC again for a swing long and short but have no idea why it should be above a speculative $3 except for the current high trading interest in China based stocks.

[palindrome]

Resuming in a few minutes. It will be very interesting.

T.3  Halt - Resumption Times
The news has been fully disseminated through a Regulation FD compliant method(s); or NASDAQ has determined either that system misuse or malfunction that caused extraordinary market activity will no longer have a material effect on the market for the security or that system misuse or malfunction is not the cause of the extraordinary market activity; or NASDAQ has determined the conditions which led to a halt in an Exchange-Traded Fund are no longer present. Two times will be displayed: (1) the time when market participants can enter quotations, followed by (2) the time the security will be released for trading. All trade halt and resumption times will be posted in HH:MM:SS format. 

[cc1120]

02/06/2006     20:48  PST

The most important part of CTDC business are the following:

http://www.chinactdc.com/business/info_profile.htm

The following message are very important.


A broker just told me about the potential of CTDC. As google moves into China, the internet traffic has been exploded. Security becomes a major issue. The chinese wants to invest on their own security company instead of buying Cisco security. Network security becomes a major issue in China..... If Juniper can pay $4B for Netscreen. with 6B people, I said this is another Google...

http://quote.barchart.com/texpert.asp?sym=CTDC

GL


   

[metro]

"A broker"  ?

Cannot believe any broker knows anything about a company with no business yet.

They all have plans but not many have real business.

Aaron Zhu who is the one of the two CEOs of CTDC used to be the CFO of CTGLF. At that time CTGLF lost $4 million. Last year CTGLF  made a profit on real sales. It is still a small company with about 90 employees but is doing business. Aaron is trying to copy the model but no business success as yet.

I would stay away from any broker who is pushing a stock like CTDC that has no sales history and is only so far an idea to sell third party software and maybe hardware.

Look at CXTI - they received about $85 million in government IT contracts in China last year and is a real company that is likely to earn about $0.35 this year so is trading at about a PE of 7 and has a backlog until 2008 with good prospects. If a broker were talking of that one it is understandable as it has a record.

Here is the CXTI chart

http://tinyurl.com/cwcmd

and while at it - here is a CTGLF chart as it just again went above the 200-day and at a bo point for the next week or so.

http://tinyurl.com/9j8q9

[cc1120]

02/07/2006      5:48  PST

CTDC premarket up 8% , volume 37k.

[cc1120]

02/072006   6:00  PST

CTDC premarket up 16% volume 100k.

[metro]

I was short last week as stock was available at the broker IB which is not usual for movers like this. Tried to short in pre and none available or likely on the restricted list. So that may be a reason for the bigger upside is many can no longer short

[stocks2watch2]

Be careful with this one, with the less than 1 mil. float it can go either way in a hury. I might play it as a daytrade. Good Luck.

[cc1120]

02/07/2006    9:36   PST

In @ 6.85 out @ 9.80 . not bad.

GL

[cc1120]

02/07/2006     13:43     PST

What a ride CTDC today! Total gain 45% 

Ater market up another 1.43%

http://quote.barchart.com/texpert.asp?sym=CTDC

GL

[cc1120]

02/08/2006      6:12     PST

Congts Who ever bought CTDC yesterday and still holding, lets pick up some easy money !

in @9.60 aftermarket yesterday.

GL

[stocks2watch2]

02/07/2006    9:36   PST

In @ 6.85 out @ 9.80 . not bad.

GL

Applaud your great trade, good luck on your re-entry.Too risky for me now.

[cc1120]

02/08/2006       9:38   PST

Out @ 11.55 another 20% gain. in two days only, got some easy money from CTDC total about 38k    This is the bigest gain for me in 2006.

That's it , won't touch CTDC again !

GL.

cc

[422fwhp]

Does this chart look appealing?

http://moneycentral.msn.com/investor/research/profile.asp?Symbol=CTDC

And the last paragraph will tell you why it might be worth a look:

http://www.chinactdc.com/about/strategy.htm

Opinions welcome.