posted
China BioPharma Inc. should be moving up in the next few days. It has been testing the bottom several times and looks to make a move - Look at the volume over the last year - It is picking up and the company is trying to make changes to increase profits.
Total Shares - Float 107,050,000 Total Shares - Outstanding 111,656,921 Market Cap 1,116,569
posted
Posted from Ihub Posted by: DonLeopoldo In reply to: zulual who wrote msg# 1706 Date:12/3/2007 8:26:47 PM Post #of 1993
We need the news about CD's conversions at 100% before going for a x2 the 0.3 & 0.4 Warrants.
SoonFast news should also come out.
Takeda news, one after another, about many drugs.
Continuation of the 8-K about the JV buyout should come first of all, also, imho.
Some friends have bought today, they got their buy orders filled at these good prices.
Some bashers want to get in below 0.01, but that wouldn't be very good for them either. CBPC shouldn't go below the Assets value. Shouldn't go below last year's Revenues with PE=1. Shouldn't go below the value of the $3Million CD. The Diferred Tax value, less the debt, is also a price to consider. Etcetera.
As soon as the news that I am waiting for, hit the wires, I expect a very fast run up to above $0.60-$0.80.
I am playing a few other penny stocks that I intend to divest from, in the coming days. And I'll accumulate in CBPC.
imho.
bingo2005
posted
CBPC
Yes it looks like bottom is forming
This one just needs news and volume
Thanks Bingo
bilgert
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I think it may be time to start looking at this puppy again. Still a somewhat reasonable o/s of 175,257,851 even with the DEF-14 filing authorizing an increase in the a/s.
farmerboy
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Getting ready!
bilgert
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boom .0018/.0019
bilgert
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.002/.0021 weeeeeeeee
bod5
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i bought in a couple of days ago at 0.0010,and sold today at 0.0015.I should of waited a little longer, and i could of sold it at 0.0020. and made much more profit,but i cant complain,cause i did make a profit
J_U_ICE
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quote:Originally posted by bilgert: .002/.0021 weeeeeeeee
I second that Weeeeeeeeeeeeeeeeeeeeeeeee
bod5
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yes Weeeeeeeeeeeeeeeeeeeeeeeeeeeee is better than nothing,Now i need it to go back down to 0.0010 for next week,or else i will buy into CXAC which i did last week and sold it at a profit
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