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.
Posted by Maestro232 on :