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Author Topic: CBPC - Bottom play
live2trade
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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. [Big Grin]

Total Shares - Float 107,050,000
Total Shares - Outstanding 111,656,921
Market Cap 1,116,569

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Don't fall in love with any stock!

Posts: 159 | From: Phoenix | Registered: Aug 2007  |  IP: Logged | Report this post to a Moderator
live2trade
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Also listed on SEC website for being shorted ftp://ftp.nasdaqtrader.com/symboldirectory/regsho/nasdaqth20080103.txt

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Don't fall in love with any stock!

Posts: 159 | From: Phoenix | Registered: Aug 2007  |  IP: Logged | Report this post to a Moderator
live2trade
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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.

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Don't fall in love with any stock!

Posts: 159 | From: Phoenix | Registered: Aug 2007  |  IP: Logged | Report this post to a Moderator
bingo2005
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CBPC

Yes it looks like bottom is forming

This one just needs news and volume

Thanks
Bingo

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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.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
farmerboy
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Getting ready!
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bilgert
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boom .0018/.0019
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bilgert
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.002/.0021 weeeeeeeee
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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 [Wall Bang]
Posts: 33 | From: manhatten nyc | Registered: Feb 2008  |  IP: Logged | Report this post to a Moderator
J_U_ICE
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quote:
Originally posted by bilgert:
.002/.0021 weeeeeeeee

I second that Weeeeeeeeeeeeeeeeeeeeeeeee

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The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
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 [Were Up]
Posts: 33 | From: manhatten nyc | Registered: Feb 2008  |  IP: Logged | Report this post to a Moderator
   

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