quote:Originally posted by Maestro232: Ok...here's your DD. I told ppl to buy at .02 a couple days ago. Now it is up %20. How long has QBID been sitting here?
Give us some company information, what do they do, what is their market, income? total shares? any R/S? Investors? Bring some valuable DD to your thread that may convience people to invest.
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First, a little history: I have been following CHDT for over a year now, and I am confident that it is at its historic low. Meaning, the mostly likely disappointment on well-timed sales is that you will have to settle for a %15 percent gain.
Things that are happening:
CHDT is aggressively pursuing to get listed on a major index, and a new acquisition makes it numerically possible. This in of itself should bring their highly undervalued stock up.
CHDT has just acquired a controlling interest in a furniture company that massively increases the size of CHDT’s current profits. They are apparently well positioned to provide high quality furniture to several Las Vegas hotel projects among other things. (http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=PR&symbol=CHDT&storyID=215361+26-Apr-2005+PZM)
CHDT is in the process of negotiating another acquisition which is even larger in scope than the previous one.
Finally, the financials regarding the Furniture acquisition will be reported on shortly. This in concert with other efforts to get their name out, CHDT is ripe for some solid share value increase this year.
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"China Direct Trading is a global trading company engaged inproduct development, manufacturing, logistics and product placement into mass retail. It sells products to importers, theme parks and direct to retail worldwide. For the three months ended 03/31/05, revenues fell 25% to $204K. Net loss totaled $86K, vs an income of $78K. Results reflect absence of one time one time orders, increase in cost of sales and increase in operating expenses."
Their acquisition was expensive...but it is going to be lucrative. Very lucrative.
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