posted
My eyes caught CMBV on the 12th when volume suddenly shot way up from the previous days. I normally watch the precious metals sector now and was happy to see some life breath into the stock. With almost 500k shares traded just in one day it helped push the stock up for a 25% gain for the session. I watched it on friday and some nice indicators began to show. The MACD(12,26) is about to cross over the MACD EMA (9), this will definatly help spur some momentium on the stock. The money flow chart on Friday finaaly showed the stock going into the positive, perhaps an indication that larger investors are taking an interest into the CMBV. Fraiday closed with a Hammer candlestick, so I think this week we can see some really positive movement in this stock. The RSI is turned up, the OBV aswell, and the Williams %R is also. I think that at the current price of .025 it's a real bargin, I can see the stock easily reaching .10 in the short term. So on monday I'm gonna grab some and watch these tech's play out.
I did alittle more reading up on the stock and the company itself seems to be on a fast track to making some solid business numbers in this quarter and for the rest of the year. The company specializies in exploration and mining of precious metals, particulary in Cambodia. That region is historicly rich in Gold and other precious metals and is totally under developed as an industry. The CEO of the company has some deep roots in the region and close ties with the government, so gaining access to areas previously unexplored should be easy for this company. Wall Street Network was given an exclusive interview with the CEO and can be found here: http://wallst.net/superstock/CMBV/cmbv.html . I found it really interesting and definatly convinced me that this company is heading in the right direction, not only in the short term, but in the long term also. I think this is gonna be a great play, not only this week, but in the weeks ahead. I read that there is also some important news coming out this week. Possibly mid week.
I think the smart play here will be to get in early on this stock, the techs and the fundamentals are definatly there. Really good oppurtunity to make a solid investment.
Posts: 6 | Registered: May 2005
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posted
Love the chart on this one! It is featured at www.***************.com DD there. It has the potential to go to .10+ THIS WEEK!
Posts: 9 | Registered: Apr 2005
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posted
The word is spreading on CMBV...the entry here is excellent imho.Cambodian foreign investment is being well received and I expect this stock to run past .10 very quickly.
-------------------- please do your own DD before making any/all stock purchases. Posts: 6 | From: PHX,NM,UT | Registered: May 2005
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posted
with this much pumping it may be a play monday, gotta see how it comes out of the gate.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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Keith We are all here to make money! CMBV is at .02. Can't see it going much lower! I think this will go next week
Posts: 62 | From: CT | Registered: Apr 2005
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Heh, where on the chart is this stock a pump? It has great techs atm. I might be new to this board, but not new to the market. Anyways, either love it or hate it. I like the stock for this week and will be playing it. Question is.... will you?
Posts: 6 | Registered: May 2005
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quote:Originally posted by Dmitry Dread: Heh, where on the chart is this stock a pump? It has great techs atm. I might be new to this board, but not new to the market. Anyways, either love it or hate it. I like the stock for this week and will be playing it. Question is.... will you?
DMITRI, you and Danke are using the same puter....thats why its like a pump, your chatting with yourself
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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LOWELL, Mass. and PHNOM PENH, Cambodia, April 17, 2005 (PRIMEZONE) -- Cambodian Ventures Limited (Pink Sheets:CMBV), a junior mining company focused on exploration and mining of precious minerals in Cambodia, discussed the potential for economically viable precious mineralization deposits in Cambodia. Gary Fineberg, CEO of Cambodian Ventures Limited stated today: "There has been a lot of discussion on why anybody would choose to start a company in Cambodia to focus on exploration and mining of precious minerals. The answer is simple: tremendous ground floor opportunity." Gary outlined the following eleven reasons why Cambodian Ventures is focused on exploring for precious mineralization in Cambodia.
1. Based on work by the French, most geologists agree that there is great potential for abundant mineral resources.
2. There have been significant gold exploitation in Thailand and Vietnam, both of which have similar geological characteristics to Cambodia.
3. Widespread high-grade mineralization has been anecdotally observed in the country indicating there are possibly considerable amounts of precious and other types of metals.
4. According to the Cambodian Ministry of Industry, Mines, and Energy there are 19 known gold deposits in the country which have had limited exploitation. 5. Mining in Cambodia is small-scale by international standards.
6. Mineral exploration using modern geological techniques has been limited in Cambodia, resenting interesting opportunities for junior mining companies using state-of-the-art exploration technology.
7. Cambodia has not been developed for large-scale precious metal extraction because of internal conflict and war for the last forty years.
8. Cambodia's evolution from a fragmented society towards a stable regime, friendly to foreign investment, has not yet paid dividends in the form of a rush of potential mineral investors.
9. Cambodia's government regulations and licenses for mining are the most favorable in the region. Cambodian government allows 100% ownership by foreign investors and takes only 3% of sales amount for royalties.
10. Cambodian Ventures management has significant experience in mining and exploration in Cambodia, having spent three years with another mining and exploration company focused exclusively in Cambodia.
11. Cambodian Ventures intends to be at the forefront of exploration and development in Cambodia. We intend to capitalize on these underdeveloped mineral deposits thereby producing extraordinary returns for investors.
Cambodian Ventures Limited's mission is to obtain licenses for the exploration and mining of precious minerals in Cambodia. Cambodian Ventures intends to carry out exploration activities in regions containing gold and other precious minerals.
Safe Harbor Statement: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
posted
Danke is my bud, we are roommates, he was just pointing out my bad spelling. = P Thanks for the welcome glass. I still think keith needs to look beyond the posts and at the chart Posts: 6 | Registered: May 2005
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welcome to allstocks danke and dmitry. keith is just starting the freshman initiation process don't worry - keith is well respected on this board.
Posts: 1421 | From: USA | Registered: Dec 2004
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quote:Originally posted by Dmitry Dread: Danke is my bud, we are roommates, he was just pointing out my bad spelling. = P Thanks for the welcome glass. I still think keith needs to look beyond the posts and at the chart
how convenient Posts: 9110 | From: boston, ma | Registered: Jan 2004
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looks like its front loaded, nice close on fri though.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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<RebelYell>
unregistered
posted
Keithsan,
This was a pick on another board on Thursday. Don't think that there was that much activity in the stock prior to that. I am not in, but will be watching tomorrow.
OT: WHAZZUP with SUPR?? The volume died.
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SUPR played it as a runner, sold some on way up saved some in case of a gap EOD got rid of my last shares. It will go again though. Someone will give it a shove.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
Good morning, looking forward to this one. IMO this has a good chance of breaking the 52 week high if it catches some volume!
Posts: 62 | From: CT | Registered: Apr 2005
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