Cemjq has slowed down for now. But I believe it to be the calm before the storm. Nice strong base at .085 now. And we are bouncing off resistance of .095 the last couple days. Closing back at .088 both days. But like I said. Calm before the storm.
This thing is going to run close to another +50% by the end of the week. Would be suprised if it doesnt. I've been told resistance is at .095 and .105. After that, she should jump to the teens. My guess is that we are going to clear .105 and sit strong at at least .11 coming into monday next week. And then after another short breather. We'll be sitting at double where we are now.
The beauty of this company. Is that they have 3 parts of the company up for sale. Or something like that. And if one of them sells, they come out of chapther 11. Debt free. No bonds due til 2016! This stock will be back on the big boards. And back to 1$ in a blink of an eye! followed by 3$. And I'm guessing when this multi billion dollar business fully rebounds in a few years. We will be back in the 14+$ range. Like it was 18 months ago.
Another thing I though to be very positive. Is that a huge percentage of the O/S is owned within the company. Cant remember. But 87% jumps to my mind! So unlike other Q stocks. The chance of shares being canceled is between zero and nothing.
Got accepted for 400 million dip funding. IN THIS ECONOMY!!! That alone speaks volumes. Hired a turn around specialist as their new CEO. He's the one selling the divisions that are going to save this company. And make us who bought under .10 ALOT of money. Hoping i get a hit on one of my other stocks soon, so I can cash out and get more.
87% of the shares are owned within the company. You think they want to cancel their own shares??? Plus the bankruptcy is new. They wont cancel anything for a while. Not to mention the turn around specialist CEO will have this company out of chapter 11 sooner than canceling shares can happen I bet.
CEO bought almost 600,000 bucks worth of stock a year ago.
dropped .03 after opening at .15. Nice support at.12. I think we got a nice consolidation. And ready for another big run tomorrow. This stock is way under valued. And with the speculation that the sale of it's agriculture division would not only pay all current debts due. But gives cemjq some cash money to work with. Imediately bringing cemjq out of chapter 11, and straight to 1$+.
No more bonds due til 2016. Profitable time of year coming.
My hope is that they dont cancel the stock. Or replaces old canceled stock with new. And we see 1.50 this year. 3.00 next year. And 8.00 in two, when the recession disapears.
If this happens. I'm looking at over a hundred bagger.
I believe right now. CEMJQ has over 2900 patents. What do you think the value of those are? I would say billions. They are responsible for 4% of the WORLDS specialty chemicals. They have over 3 billion in rev. And are trading at .12.
And the chart guys. lol One said he's going to enlarge it, and frame it. And put it on his wall. lol Huge pinch i guess