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[QUOTE]Originally posted by ColoMoney: [B] Hope this helps a lttle: TECHNICAL OPINION - GLOBAL MEDICAL PRODUCTS HOLDING (GMDP) - 02/12/2004
Daily Opinion: HOLD Thursday's very Bullish (up) move, forming a recent high, is accompanied by above average (123% of average) volume.
Short-Term Opinion: HOLD On a short-term technical basis, the trend is Bullish (up) and the stock is above its 50-day moving average at 0.01 which also confirms its Bullish (up) trend. The stock is extremely overbought according to the Stochastic indicator (78.70).
Long Term Opinion: OUTPERFORM On a long-term technical basis, the stock (GMDP) is trading above its 200-day moving average, but has broken through an important support level, which implies it is in a neutral trend. If the new level of support at 0.04 holds, look for a bounce to the next resistance level at 0.06. If the stock breaks up through resistance at 0.06 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.
The stock has support at 0.04 and 0.02. If the stock breaks down through support at 0.04 then it will probably continue lower to 0.02. The stock has resistance at 0.06 and at 0.06. If the stock breaks up through resistance at 0.06 then it will probably continue higher to 0.06. The 200-day moving average is at 0.01. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (80.67).
Sorry no level 11.. What does your chart say now,, some thing tells me we might sell off alittle tomorrow, not sure, could be wrong,, the news is out, if we close around .045 I think it would be safe to say we hold abouve .04 and maybe even go higher then .05,, but it lost intrest after the 8K and looks like it might trend down just a little for awhile,, nice move tho, who would have ever thought it would run this high this fast..
Thanks.
Posts: 440 | From: North Carolina | Registered: Feb 2004
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This is one I've decided to stay in long term. Not really looking for a quick profit and get out. I probably play a little different than most on this board as I like, in most cases, to try to get some free shares in a stock and let it sit for a while and see what it does. Especially if it looks like a ligit business. Now, this one I have no free shares, and I'm actually in to it quite a bit. I have been for years. But I just have a hunch this one can really run eventually. If this hits .20 I'll probably dump 40k and get my money out of it and have 250k free, but that could be a year or more. And perhaps selling off the dividend stocks will do it. In any case I'd love to see what this one does after the acquisition goes through.
Besides, I suck at trying to decide when to sell and usually get greedy and don't sell in time and then chase it down!
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Gator you have mail,, Doug is the man,, look at his resume, it takes care of all the bashing, he has been in law enforcement all his life.
Posts: 440 | From: North Carolina | Registered: Feb 2004
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Doug Brown President Global Medical Products Holdings, Inc
A quick resume for you:
BS Criminal Justice Metropolitan State College, Denver 1977 1969 1980 Denver area police officer, Lieutenant 1980 1982 Hilton Hotels, Las Vegas Corporate security 1982 1987 City of Las Vegas Records Manager City Corrections 1987 1998 Stock broker and Branch manager , several firms in Las Vegas 1999 2001 Vice President now defunct Investor Relations firm in San Diego 2001 present President Global Medical
Mr. Brown is going to make us rich!
Posts: 440 | From: North Carolina | Registered: Feb 2004
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Well, if this follow the pattern for the last few days we should see a strong opening around .05 and a peak around .065. I think a previous post showed there was resistance at .06 so perhaps .065 won't quite be reached. I'd suggest for any of you out there looking to get into this one now might be the time, especially if we see a dip. I'm highly optimistic about the upcomming deals and think this will hit .10 if not real soon then at least within the next few months, and that's the magic number to trigger completion of the acquisitions. Stock dividends, acquisitions, what more can you want?
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Yesterday's news. I can't seem to find it here so I'll post it. Sorry if it's a repost.
Thursday , February 12, 2004 14:20 ET
Global Medical Products Holdings Inc (OTC: GMDP) filed an 8-K on 2/12, in which the Company reported that on 1/31, it entered into an "Agreement to Dividend Stock" with JWG Enterprises, Inc., whereby Global Medical Products Holdings, Inc. will receive 20 percent of the equity of GlobeLink Capital, Inc. (formerly GlobeLinkCapital.Com, Inc.) in the form of a stock dividend.(1) Global Medical Products Holdings, Inc. will in turn pass 50 per cent of the dividend through to its shareholders.
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Yep,, as I thought, buy on rumor sell on news! I'm holding, hoping to get more around .03,, not bad for one week, from .015-.055, just goes to show us that when the offical news comes out with the 8K filings this will rocket to a dollar in a heart beat.
See ya, going off the puter for today, have a great week end..
Posts: 440 | From: North Carolina | Registered: Feb 2004
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Gator, I have been trying to buy for over a hr now, its only 20,000 but man it wont go through, I have it for .04,, whats the ask on this thing.. It was .045 this morning. I might pull it and wait until next week.
Posts: 440 | From: North Carolina | Registered: Feb 2004
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I've seen some go through under .04. In fact my dad picked up 60k at .0351. I don't get bid/ask for pinks on E*TRADE so I have know idea. Perhaps some kind person with Level 2 access will post some information for us.
I wish you luck with GMDP, it seems to be doing alright. Just want you to know it can be very dangerous trading pinks without Level 2. (Quick access to level 2) You can get screwed in a hurry since you are basically blind to the MM's movements. You can get level 2 at alphatrade.com I think it is about $20 or something but well worth it if your going to dabble in the pinks. Good luck, Mac
Posts: 145 | From: Seattle, WA 98125 | Registered: Jan 2004
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Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 4428080
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2081606
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 1373050
2. MM's will need to cover when the dividend news is released.
The estimated total dividend to all (common and preferred) shareholders of Global Medical Products Holdings, Inc. is $3.67 million. This is based on an estimated total dividend valued at $1.54 MILLION to the common shareholders and $2.13 MILLION to the preferred shareholders. The past deals in hold with Global Glass and Ecom. is near 50M dollars. They hold this in escrow.
Do some math and divide 50M by the 124M issued shares... this is what you're holding here...plus the sweet dividends
This should be worth at least a nickle to us.
3. For the fiscal year ending June 30, 2004, the Company, based on current year's revenue to date (but excluding anticipated revenue from an 8-person Los Angeles office which should equal at least an additional $1.2 M in annualized revenue), based on REDWOOD'S FOCUS Report is expected to be $5.3 M.
This is one of the deals trying to close...this should be worth at least a nickle or more to us.
4. The past deals in hold with Global Glass and Ecom. is near 50M dollars. They hold this in escrow.
Do some math and divide 50M by the 124M issued shares... this is what you're holding here.
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Look at this chart.. WOW! I just starting reading MACD charting in the last couple weeks, I have found it works pretty good, see how it crossed some time back when the start of the trend was forming,, also look at the black candle that was formed on Friday,, Major resistance @ .045 or above, I think we are due for a little sell off here next week around .03-.035,, this is a great time to buy more, I am betting if you need to get in this stock but think "chasing for greed" will getcha then you could be safe in waiting,, but who knows, I still have not added more shares the my current holdings, I am betting by this chart and from experience I can get more around .03..
Either way its very bullish,, learn to buy low sell high.. I have done pretty good since I started to use this technique..
Plus I know we have time before the dividens are complete,, Redwood and JWG will take a couple months to close..
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Thanks, justastock. I've been agonizing all weekend on what to do come Tuesday morning: buy in the hight .03s, buy some more QBID, or just hold and hope for lower on GMDP. I don't have a lot of cash left to invest, but more is on the way. I'm thinking now I might put in an order for around .03. I'd like to pick up another 210k to bring my holings up to 500k. I have eonugh right now to add about 80k @ .03 and when my deposit gets there I can get the rest.
Some day I'm going to have to learn to read the charts!
I am still learning so I could be wrong here, look at chambers chart from the Ihub,, pretty sweet, I would like to know how he got that one done, nice call outs for perfect indications of what is going on with this stock..
.035 to be safe bud thats between me and you.. LOL..
Have a great Monday with now stocks trading ,, sucks. LOL.
Bill
Posts: 440 | From: North Carolina | Registered: Feb 2004
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Weekend going OK, I guess. Just can't wait until the next trading day. I've not had so much fun trading as I have over the past couple of weeks, especially last week. And I've nver been so optomistic about GMDP! I feel like this is a big one. If I only knew when it was .005 I'd have a million shares right now. But I can still hopefully pick up some more before the really big move. This week could be really interesting.
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Gator, Great to here,, it gets better,, I love the pennies, I have made a ton of money off them, believe me I just did my taxes,,, OUCH!!! LOL,, But don't get to excited,, thats when the bitecha right in the kisser,, every time,, I have heard that the MM's are short on shares here (see the IHUB board)so we might not be able to buy tomorrow,, thats what I am hearing, just put your order in when you feel its the price you want and hope it gets filled.
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Man, this sucks. I don't know whether to root for this one to go down to .03 so I can get more or just keep rising. Seeming not to matter. It's desided to go sideways so far today.
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Hey gator, I'm not buying at this level so I decided to put some back into QBID and some small amount in a shell company,, TGHI, just a hunch on that one..
My CIRT is also in the RED>. Yuck,, I still think we can get GMDP around 3-3.5, we shall see.
Take care, by the way for some reason my internet crashes every time I come to this board!!! WHY..
Oh well.
Posts: 440 | From: North Carolina | Registered: Feb 2004
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posted
I'm holding off too. Going to try to see if I can grab some CMKM at .0001 and sell at .0002 while I'm waiting to see what GMDP is going to do. Yeah, I know CMKM is probably not worth the paper it's issued on but I got lucky once on it so I might again.
I think GMDP may just hold around this range until more news comes out. Kind of hope it's soon.
Press Release Source: Global Medical Products Holdings
Global Medical Products Holdings, Inc. Receives Through GlobeLink Capital, Inc., Participation Equity to an Exclusive Agreement With Beijing Guo Xin Well-tel Technology Co., Ltd., a Division of The Ministry of Information Industry, People's Republic of China Wednesday February 18, 8:00 am ET
SAN DIEGO, Feb. 18, 2004 (PRIMEZONE) -- Global Medical Products Holdings, Inc. (Other OTC:GMDP.PK - News) received on January 31, 2004 the assignment of all rights to a 20 percent participation equity in GlobeLink Capital, Inc. which includes the equity participation in an ``Exclusive Agreement'' with Beijing Guo Xin Well-tel Technology Co., Ltd., a division of The Ministry of Information Industry, People's Republic of China.
As part of the acceptance of the rights to the participation equity, Global Medical Products Holdings, Inc. agreed to spin off to its shareholders one-half of the stock equity to be received in GlobeLink Capital, Inc., a company formed by JWG Enterprises, Inc., in the form of a stock dividend.
GlobeLink Capital, Inc. was purchased by the EMCO/Hanover Group through JWG Enterprises. It is to be the joint venture company as previously described in a Form 8-K filed with the Securities and Exchange commission on February 12, 2004. GlobeLink Capital, Inc. will handle the business that will be generated by the ``Exclusive Agreement'' described below. Both EarthNetMedia, Inc. (OTC BB:ENTM.OB - News) and The EMCO/Hanover Group agreed to assign all respective rights in the ``Exclusive Agreement'' to GlobeLink Capital, Inc. Matt Fong, the former Treasurer of The State of California, who has extensive experience in the Far East with both Far Eastern and American companies, has agreed to come on board as an advisor to GlobeLink Capital, Inc.
EarthNetMedia, Inc. and The EMCO/Hanover Group previously entered into an exclusive agreement with Beijing Guo Xin Well-tel Technology Co., Ltd., a division of The Ministry of Information Industry, People's Republic of China (Well-tel) to use EarthNetMedia, Inc.'s and The EMCO/Hanover Group's experience and knowledge of the public markets to assist certain companies that Well-tel. feels have a high probability of success. The ``Exclusive Agreement'' calls for Well-tel., EarthNetMedia, Inc. and The EMCO/Hanover Group to cooperate in developing certain Chinese companies, assisting in their financing and marketing, and arranging for those companies to become publicly traded entities either through reverse merger, spin-off or public offering. In each case, 51 per cent of the ownership of the companies will be transferred to GlobeLink Capital, Inc. through EarthNetMedia, Inc. and The EMCO/Hanover Group.
The first company to be brought to Globelink Capital, Inc. is Hangzhou Trunkingcom Science Technologies Co., Ltd. of Hangzhou City, China (Trunkingcom). Trunkingcom specializes in researching, developing and manufacturing network cluster communication management equipment.
All agreements relating to this press release were included in Form 8-K filed by Global Medical Products Holdings, Inc. with the Securities and Exchange Commission on February 12, 2004.
About Global Medical Products Holdings, Inc.
Global Medical Products Holdings, Inc. is a U.S. based technology company specializing in the development, manufacture, and distribution of cardiovascular and body fluid-related products for the growing worldwide medical market. Global Medical Products Holdings, Inc. focuses 50% of its revenue base in China and 50% in North America and Europe. China represents some 1.3 billion people, twice the population size of North America. It is the only world market leader that has enjoyed an eight percent annual growth in its Gross National Product in recent years and should continued to do so through 2010.
The Company is contemplating increasing its exposure to the global marketplace by assisting small foreign companies arrange for financing and marketing of their products.
EarthNetMedia Inc., a U.S.-based multimedia and international marketing company, which produces and distributes home improvement, interior design, and lifestyle television programs aimed at providing a gateway for businesses to enter China's lucrative markets.
``The Art of Living'' interior design and lifestyle television series has been broadcast on Beijing television to an audience in excess of 90 million viewers. This program is a vehicle to brand and market merchandise and to endorse selected products of program sponsors and advertisers.
EarthNetMedia is a gateway for U.S. and international businesses to establish their presence in China and to assist firms with the marketing and branding of their products and services. The Company merchandises consumer products via product placement on television, leading our viewers to our website, providing the Company and its shareholders great capital value.
Short Term Indicators 7 Day Average Directional Indicator Buy Average Weakest 10 - 8 Day Moving Average Hilo Channel Buy Average Weakening 20 Day Moving Average vs Price Buy Maximum Average 20 - 50 Day MACD Oscillator Buy Maximum Average 20 Day Bollinger Bands Hold Bearish
Short Term Indicators Average: 80% - Buy
Medium Term Indicators 40 Day Commodity Channel Index Buy Weak Weakest 50 Day Moving Average vs Price Buy Maximum Strengthening 20 - 100 Day MACD Oscillator Buy Maximum Average 50 Day Parabolic Time/Price Buy Strong Weakening
Medium Term Indicators Average: 100% - Buy
Long Term Indicators 60 Day Commodity Channel Index Buy Average Weakest 100 Day Moving Average vs Price Buy Maximum Strengthening 50 - 100 Day MACD Oscillator Hold Steady
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Global Medical Products Holdings's Inc. Affilliate Company Globelink Capital Inc., Appoints New President While Global Medical Products Holdings Sets Record Date For Stock Spin-Off Dividend Thursday February 19, 8:00 am ET
SANTA MONICA, Calif., Feb. 19, 2004 (PRIMEZONE) -- Global Medical Products Holdings, Inc. (Other OTC:GMDP.PK - News) and EarthNetMedia, Inc. (OTC BB:ENTM.OB - News) announced today the appointment of Keith W. Berglund as President and Chief Executive Officer of GlobeLink Capital, Inc. replacing Karl R. Rolls, Jr. who has resigned effective with this announcement. GlobeLink Capital, Inc. is a venture capital and funding company jointly formed by EarthNetMedia, Inc. and JWG Enterprises, Inc. to assist in the research, development and funding of small entrepreneurial companies in the Far East and North America. JWG Enterprises, Inc. recently assigned all rights to GlobeLink Capital, Inc. to Global Medical Products Holdings, Inc. ADVERTISEMENT
Mr. Berglund received his B.S. in Business from Eastern Illinois University in 1979 and his M.B.A. with honors and J.D. from DePaul University in 1983. He first began his business career as an attache with the Royal Danish consulate where he assisted in marketing efforts for Scandinavian products in North America. He then joined Evans Transportation Group (a Fortune 200 company) as a Treasury Analyst and subsequently as a Trust Analyst for Northern Trust (Chicago).
In 1983, Mr. Berglund began his legal career as a clerk for a federal judge in Chicago. Subsequent to that he had affiliations with such law firms as Sidney & Austin; Jones, Day, Reavis and Pogue; Paul, Hastings, Janowski & Walker, where he was a partner; and Dewey & Ballantine, where he chaired their Restructuring Group. In 2002, Mr. Berglund formed his own consultancy practice, The Berglund Group, in Los Angeles, Ca. His clients have included GECC, CIC Industrial Credit, Bankers Trust Commercial Credit, Brentwood Venture Capital plus the Lone Star Opportunity Fund -- to name a few. Mr. Berglund has extensive loan structuring experience in Mexico, Central and South America, Europe and Asia.
Mr. Berglund is a member of the California, Illinois, Georgia, Federal and American Bar Associations. He is also an active member of the Scandinavian Chamber of Commerce.
GLOBAL MEDICAL PRODUCTS HOLDINGS, INC. SETS STOCK DIVIDEND RECORD DATE
On February 18, 2004, the Board of Directors of Global Medical Products Holdings, Inc., Inc. approved a stock spin-off dividend in GlobeLink Capital, Inc. that will be payable June 1, 2004 to shareholders of record at the close of business on March 5, 2004. Shareholders will receive one (1) share of Common Stock of GlobeLink Capital, Inc. for every fifty (50) shares of the common stock of Global Medical Products Holdings, Inc. owned prior to the record date.
As part of the assignment agreement with JWG Enterprises, Inc., Global Medical Products Holdings, Inc. will receive from JWG Enterprises, Inc. twenty (20) per cent of the authorized stock in GlobeLink Capital, Inc. or 5 million shares. Global Medical Products Holdings, Inc. will spin-off to its shareholders 2.5 million shares of the common stock of GlobeLink Capital, Inc. in the form of a stock dividend. Shares will be paid for full 50 share blocks of Global Medical Products Holdings, Inc. Fractional shares will not be paid.
About Global Medical Products Holdings, Inc.
Global Medical Products Holdings, Inc. is a U.S.-based technology company specializing in the development, manufacture, and distribution of cardiovascular and body fluid-related products for the growing worldwide medical market. Global Medical Products Holdings, Inc. focuses 50% of its revenue base in China and 50% in North America and Europe. China represents some 1.3 billion people, twice the population size of North America. It is the only world market leader that has enjoyed an eight percent annual growth in its Gross National Product in recent years and should continued to do so through 2010.
The Company is contemplating increasing its exposure to the global marketplace by assisting small foreign companies arrange for financing and marketing of their products.