I like what I'm in. TNOG. But they have a rep for dry wells so get in small unless you are sure.
TRGD (.50 or something) is at a plateau after climbing steadily all year. Last stock I saw following this pattern kept slowly rising until it was over $3. Not in it right now.
Everyone loves NORD despite the refusal of the purchase offer. Could be a merger instead in the works. Don't own it.
Other than that buddy, DDSI!!! And yes I'm in.
Why the hell would I research and find stocks I like without getting a position in it?
I understand your point but aren't you being a little too academic in your statements? Everyone here looks at stocks (or jumps in when they hear from others) for the sole purpose of making money themselves. Why would they find a good stock to tell others about and not jump in?
Keep your eye on IVCM. It's a .10 stock but history suggests it could run to .50-.60 late summer with the right news. Not in now but have made good green on this one in the past. It is a constant on my radar.
The Bigfoot
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Why would people expect u to post Stock picks which they dont own??? Simple logic is that one gets into a stock which he does a DD on and expects good outcome and then he BUYS it... If I dont buy a stock..Thats cause I think it does not have a good chance... Of course thats why I dont post it for other people to buy......??? Is that...that difficult to understand... I appreciate all you people who posts here at allstocks...... Makes me aware of some good stocks which sooner or later do run...
Many thanks to all allstocks members .....and keep posting.....
-------------------- This is not a recommendation to buy or sell securities.
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I mean who would list a pick where they don't own any of the shares.... That's just stupid... That's selling somebody to the wolves...( I know it was lame )
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Sometimes I like a stock but all my funds are tied up, so I sit that one out. It wouldnt stop me from recommending it to others though.
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quote:Originally posted by Jlizard: Sometimes I like a stock but all my funds are tied up, so I sit that one out. It wouldnt stop me from recommending it to others though.
So u saying that if u own SFDE and MGMX
Would u say to people not to buy SFDE and MGMX....instead go and buy this ADI stock that I dont own....But I think is gonna do very goood.....
LOL brother...
-------------------- This is not a recommendation to buy or sell securities.
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Would u say to people not to buy SFDE and MGMX....instead go and buy this ADI stock that I dont own....But I think is gonna do very goood
No, not what Im saying. Id say I own PGPM, MGMX and I like PBLS too but my funds are tied up. It could be that Im ready to sell a portion or all of what I own and Im getting ready to jump into PBLS with some funds.
Man its gotta be a slow saturday when we're nit picking like this, LOL
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GREEN LIGTH,GREEN LIGTH FOR CPNLQ $0.27 NOW IT'S BEEN DOWN FOR A WHILE NOW IT'S THE TIME TO BUY CPNLQ, JUST LOOK IT THE CHARTS AND ALL THE STUDIES AND MAKE YOU DECISION
China Direct Trading Corporation Reports First Quarter FY2006 Results Monday May 15, 8:47 am ET
Q1 FY2006 Revenue Increases 1229% Over Q1 FY2005 Results On Cash Basis; Total Generator Contract Sales Orders In Q1 FY2006 Hit $4,219,220
COOPER CITY, FL--(MARKET WIRE)--May 15, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced results for the Q1 FY2006 ended March 31, 2006, and the filing of its Form 10-Q quarterly report for Q1 FY2006. ADVERTISEMENT
Revenues increased to $2,511,809 from $204,354 (Q1 FY2005), or 1229%, primarily due to sales by our Complete Power Solutions, LLC majority-owned subsidiary.
Total sales orders reached $4,409,783 in Q1 FY2006, of which $2,511,809 could be recognized under applicable GAAP as Q1 FY2006 revenues.
Net income rose to $42,718 versus a loss of $(85,768) (Q1 FY2005). This discussion should be read in conjunction with the Form 10-Q for the period ended March 31, 2006 and with the Condensed Consolidated Financial Statements and accompanying notes and with our Annual Report on Form 10-K for the year ended December 31, 2005.
"China Direct is in an exceptionally stronger financial position now than in FY 2005 -- revenues are growing at an accelerating rate, our cash position is solid, and receivables are growing with final generator delivery and contract completion," said Howard Ullman, CEO/President of China Direct. "In Q1, we had much higher costs in association with completing the acquisition of CPS and we will continue to strive to drive cost efficiencies to hasten increased profitability. Based on current sales, we expect to see a continuing acceleration of generator sales activity through the second quarter of FY2006."
China Direct is hosting an investor teleconference to discuss first quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, May 15th at 10:00 AM Eastern Time. To participate in the call, the dial-in number is (712) 580-6300, then enter access code 1076491 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5000, access code 1076491#. A replay of the call will also be available from the www.chdt.us web site one day following the call.
China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release are incorporated into or are part of this press release.
Balance Sheet and Consolidated Statement of Operations Financial Tables Follow:
CHINA DIRECT TRADING CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS
(Unaudited) March 31, December 31, 2006 2005 ------------ ------------ Assets:
Stockholders' Deficit: Preferred Stock, par value $.001 per share Authorized 100,000,000 shares, Issued 8,000 shares at March 31, 2006 and December 31, 2005 8 8 Common Stock, par value $.0001 per share Authorized 600,000,000 shares, Issued 543,122,028 Shares at March 31, 2006 and December 31, 2005 54,313 54,313 Additional paid-in capital 832,665 832,665 Accumulated deficit (1,090,239) (1,430,879) ------------ ------------
Total Stockholders' Deficit (203,253) (543,893) ------------ ------------
Total Liabilities and Stockholders' Deficit $ 3,773,740 $ 29,458 ============ ============
CHINA DIRECT TRADING CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited) For the Three Months Ended March 31, 2006 2005 ------------ ------------
Operating Expenses: Sales and marketing 91,786 1,773 Compensation 157,417 50,000 Professional fees 31,868 12,813 Other General and administrative 159,084 52,521 ------------ ------------
Total Operating Expenses 440,155 117,107 ------------ ------------
Net Operating Income (Loss) 189,109 (85,028)
Other Income (Expense): Interest expense (15,009) (740) ------------ ------------
Net Income (Loss) before minority interest 174,100 (85,768)
Net Income (Loss) $ 42,718 $ (85,768) ============ ============
Weighted Average Shares Outstanding 543,122,028 515,453,800 ============ ============ Forward-Looking Statements
This press release, including any financial information and projections, contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect and actual results may differ significantly, materially from those anticipated results set forth in such statements. No forward-looking statement is or can be guaranteed. Current revenues and revenue growth is not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. The sale of power generators can be affected by a number of factors that are beyond the control of China Direct or CPS, including seasonal sales cycles, availability of affordable inventory financing, predatory pricing by competitors and weather conditions. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company (and as such is deemed a "highly risky investment") should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein. Such risks include, but are not limited to, Foreign, national, state and local government regulation, actions or initiatives, Changes in general economic conditions, consumer spending habits, or the sales environment which, in each case, could reduce demand for our products; Risks as a distributor of products produced by other companies; The risk our outstanding litigation could result in settlements or judgments which are material to us; Dilution from any potential issuance of common or convertible preferred stock or convertible debt in connection with financings or acquisition activities; and Risks that we may not realize or anticipate from the expected increased sales and profits and other benefits from CPC.
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