as stated before largets logistics supplier in china, where china is worlds largest sourcing manu center.
aimho
Posted by trx300ex on :
up 25% today on high volume.In with 11,500 shares @ .245
Posted by cheesehead on :
Just wait till we bust throught he 200MA. This thing has been under heavy accumulation for over six months (look at the CMF)--it's just a matter of time before it's uncorked. In @.23 last week.
Posted by samsam on :
Why is my symbol g27545105 instead of ctglf. Two days ago it showed ctglf but it changed and im at .23 still.
Posted by pirateofwallst on :
Heres a new board, bunch of us who been following it.
sam it finished .30, move to .60 short term from charts possible. Buying any dips as ususal
dollars if u have patience less then few months aimho
Posted by yourdiligence on :
What in your respective opinion(s) will technically need to happen for CTGLF to arrive at a major breakout? (Say just under a dollar or over?) Major news, series of super-high volume days or some more impending deals in the works?
Posted by Tang on :
Anybody have any idea what is going on with this stock.
Posted by pirateofwallst on :
yes, this stock is acting perfectly, load while cheap. Accumulate for dollars in 2005. Should head back up now see chart. Company should have some more news maybe thurs or friday. As they are about to begin reporting in anticipation for exchange move. Excellent China play, position trading it> building long position. Underheavy accumulation insiders buying up float> shorts covering here, now they have to buy back to cover. See cmf on chart, Insideres will squeeze shorts and we will see it leap, look back on 3yr. I expect new 3 year highs in the next 1-3 months.
Patience is a virtue.
aimho
Posted by kanalgeruch on :
I'm in @ .22. Seems like a great long-term play!
Posted by pirateofwallst on :
yes good for short term swings but i am building long position. Expect dollars 2005 on exchange move. Just loaded so more .22
aimho
Posted by pirateofwallst on :
Technical_Analyzer-subscribe@yahoogroups.com
guys 2 post here u should read
Posted by pirateofwallst on :
hammer then doji upcoming see candles other indicators
I am playing this a buy accumulate trade for shares cash. Today a doji came in, with good volume followed by a previous hammer. If you guys are not comfortable trading this i suggest you use a buy and hold strategy. There will be many devlopments short term to the end of the fiscal year. The company will start reporting, in preparation for exchange move off the bb.
China is the worlds largest outsourcing and manufacturing hub of the world and its economy is booming. (see chinese statistic bureau for growth projections) China Global tecnology, is a great investment vehicle to participate in China's growth, not only because its one of the few chinese stocks that trade on U.S. exchanges, is proftiable, growing revenue streams, improving capitol structure, has over 300 corporate clients and growing, (china telecom,Orcl,csco list goes on) etc....(got to let u guys and gals research the rest on your own, this is suppose to be a post not a book) CTGLF IS A GREAT INVESTMENT BECAUSE THIER PRIMARY BUSINESS ARE IN THE BUSINESS OF TECH LOGISTICS AND SUPPLY CHAIN MANAGEMENT SOFTWARE SOLUTIONS IT CONSULTING WIRELESS TECHNOLOGIES> what do manufactures need to increase productivity? They are like, in a simple analogy the Orcl of China, (see list of corporate clients, actually orcl is one thier partners/clients.... ctglf provides support for Orcl readers because coded in chinese.) There is virtually no competition for them in the Chinese market. Now other revenue streams are mobl gaming division, most people in china have cell phones but not computers, and mobil gaming is huge market over there and catching on over here.
Now i have been following this company for years, and was in the run low .30s when it went from .32-1.80. It was defunct paper company, but the chinese Moguls realized it had value because it traded over here. So they took it over, with all liabilities clear and turned it into a profitable tech company. There is no doubt in mind that ctglf will see dollars in 2005, they have a backer with 30 billion is assests under thier belt who wants to see it happen. Look at chalkins money flow Read bios of management, dr fan very smart man. So its up to you how u trade this, i suggest building position for short intermediate term-long. Hold do not get shaken my next post will provide links to further your own dd and technical analysis.
remember i am more of a talker then writer, please if can help send me a instant message pirateofwallst
aimho
Posted by kalauokalani on :
CTGLF im in and looking for $1+ long term, imo
Posted by kanalgeruch on :
Seems like accumulation is continuing..level 2 indicates that someone doesn't like it to drop below .20 and has a buy order for 200 shares in..enough to jack it up to .22.
Posted by pirateofwallst on :
Actually whats going on here is shorts have been covering the last few days, because they know the clock is ticking. The company will report in about 2 weeks. Once financials are released, there will be a nice upward movement in this stock. Expect nice pop coming this week as shorts will now buy to cover. Im building long position for dollars on exchange move. Clock is ticking and shorts know this. So dont get shaken, hold tight to your shares. This dip is quite healthy as it has shaken the weak hands. Rsi so oversold.
my thoughts
Posted by pirateofwallst on :
7 trading days before move, i been adding hard to fill .15-.17, this will go down before it Shoots up see chart. China plays will heat up with US trade deficit, yen vs dollar, and fear of US inflation interest rates, China great place for investment, ctglf on move off bb dollars, this is not a day trade as stated before. Time to load here 7 trading days then numbers will comeout, invesotrs will see profitable last 2 years, cash on hand, and growing with chinas manufacturing boom. Ctglf primary custmer base, supply chainmangement logistics.
amho
Posted by kanalgeruch on :
today's press release made me laugh! Their claim of 'an order by AsiaChina Technology Global Corporation Proposing to China Merchants DiChain (Asia) LTD for its Integrated Logistics Operation and Management System Estimated about US$6.5 Million' is funny..given the China Merchans DiChain pretty much owns CTGLF..just look at the respective CEOs....quite a way to support a dropping stock...
Posted by AnneBonney on :
Signs of life today with the volume and price up. Hoping for a Chinese New Year PR next week!
Posted by macdrsirules on :
Volume still up and so is PPS!
Posted by Numa on :
Hmm, so much for "Dollars in 2005" and the "Exchange move."
Posted by macdrsirules on :
Yeah, that didn't quite happen did it.
But they did turn a 4 million dollar loss into a profit. They do not release any news. This is a chinese sleeper for sure. One day I am sure it will break out. It may take a few more 10Fs before anyone takes notice but they are apparently conducting business well. I've been holding for quite some time now. Good company with no IR department to speak of.
Posted by macdrsirules on :
Hard to believe this uptrend has gained almost no attention on this board. Oh well it was only a double in 2 weeks. Overbought at the moment, but still in overall uptrend.