posted
Well the chart is neither oversold nor overbought. It actually became heavily overbought when it hit 45, then came down to its current level. The chart isn't indicating any type of rally right now, but it didn't indicate one yesterday either. I don't think you should be selling for a loss if you're considering it. The outstanding share amount is so low that this can climb very easily. So the chart isn't giving us anything worth mentioning, it might climb thanks to speculation, but without PR, I think this will start losing interest (but at a very slow rate).
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posted
ok kool.. i know that there is going to be a pr befor the 15th of august but im not sure if it will hold off until then.. i will hold for awile hoping it will go to around .008 or .009 then i will sell. thanks smash let me know if you hear of anything else
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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posted
Good morn, ticker...I'm not in this one yet, but thinking about it. Made some decent money friday, and would like to do it again today if possible...any thoughts on ario?
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posted
here is the deal. i think since this stock is continuing to go up w.out any news lately than it will do pretty good. once the news comes out (supposed to be before 8/15) then this thing will shoot up.. i hope so at least..
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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1:12 PM ET 8/11/09 Symbol Last % Chg LDSR 0.00 -2.17% Quotes delayed at least 15 minutes
LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd., has started contractual negotiation with the fuel management department of Guangzhou Military Region in China. Chuguan's role will be providing both products and services for the project. Based on the initial discussions, Guangzhou Military Region requests that oil and gas recovery units be required to be installed for its five oil depots. The perspective installations are the part of its comprehensive management, and transformation plan for the oil. The total value for these installations will be close to 20 million RMB Yuan, or approximately 2.9 million USD. Exchange Source www.xe.com
In other Company news, the company wishes to use this opportunity to better acquaint itself with its shareholders and followers. The company is in the process of displaying images of some of its China based officers and directors on its corporate web site www.landstarcorp.com. Images of the company plant, units and China operations can be found at this direct link - http://www.chuguan100.com. Additionally, from LDSR's main page, www.landstarcorp.com, many news and events pdfs have been made available to its followers. The company also maintains a small executive type administrative office for its corporate secretary and its corporate spokesperson - Chinese translator - investor relations representative in Toronto, Canada.
Mr. Lee Congtang, CEO, Chairman, said, "Our march towards our targeted 0.0175 to 0.02 cent price per share is well under way. Sometime next week after the market has had the time to absorb our recent news events, and had time to digest our financial statements which we will be shortly filing; LDSR intends to call a meeting of our board of directors and advisors and to pass certain board resolutions regarding our proposed no recapitalization and no dilution policy."
posted
I got in at .0056, taking a dip right now but the chart is oversold. I think selling at .007 wouldn't be a bad idea. I think it may get higher than that today or sometime this week when the financial statements are released. But taking a nearly 100% profit is always a good idea.
But I'm a little confused. The CEO said, ""Our march towards our targeted 0.0175 to 0.02 cent price per share is well under way." but didn't he say it should be $1.75 last time? Its either a typo today or last time. Regardless, getting over a penny is all I'm concerned with.
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posted
Sheesh it's coming down hard. I'm not sure why. The chart is 100% oversold at .0048, I can't see it going down any more according to the chart.
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In other Company news, the company intends to release its Q2 financials on or before August 15th due date. These documents are currently being translated from Chinese to North American standards. The company is responding to its shareholders requests that the information currently displayed on Pink Sheets be updated. This has been recently completed. The company expects Pink Sheets to display the update(s) shortly in accordance with their verification policies.
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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posted
Ok cool. Yeah with this kind of volume, all eyes are going to be on those financials. If they include revenue like that $8.3 million sale, today's contract numbers, etc, we might see a VERY favorable response from the market. The market cap in the U.S. markets is only $2.2 million. If this doesn't make a big move today, I think I'll just hold and wait for the financials...something's gotta give here. It's already made a killer gain over the past week or so, but the company thinks it should be a lot more, and it seems like they are, indeed, doing everything it can to get it to that suggested pps.
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posted
"Sometime next week after the market has had the time to absorb our recent news events, and had time to digest our financial statements which we will be shortly filing; LDSR intends to call a meeting of our board of directors and advisors and to pass certain board resolutions regarding our proposed no recapitalization and no dilution policy."
That kind of hints that the financials should be received quite favorably. "Absorbed", to me, implies big gains. As I keep saying, no one should be selling for a loss on this stock, I think it's only gonna go up. BUT, never trust my opinion as factual.
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posted
Smash,jdizz, Beerlady, Value you all a lot my trading friends. I also think you are more experienced than me.
Think it will run again and I am trying very hard not to break my cardinal rule for trading - do not get into a stock again after making some bucks on it already. I did with BHWF and lost a tidy sum. I don't care if it reaches $1.00 there will always be new opportunities. Now trying my luck with MSTF. To me its a matter of time before it runs because they are getting contracts. In at .0001 and waiting for a move. I learnt many lessons the hard way.
posted
bokes as for me im not that experienced, thats why i ask smash for most of my questions.. what i think is that ldsr has gone up the last few days even after a big spike.. stocks that shoot up huge tend to fall the next day.. with the anticipation and knowing that the q2 is coming out i believe it will deff pass up .007.. probaly higher.. i am with you on the never buy if u made a gain.. i made a gain 4 days ago on ldsr and sold then bought again thats why i am so hesitan on holding. but smash knows what hes talking about (no pressure smash lol) so ima hold a little longer..
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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posted
If you've set a cardinal rule for yourself, I agree that you shouldn't break it. As for MSTF, I've been watching it for a while now because they seem to be getting a lot of new contracts. But it's INCREDIBLY hard to get out of the .0001, .0002 bounce-fest. It hasn't broken .0002 since November-ish of 2008. If you get in at .0001, and have patience to wait for a buyer at .0002, thats great. But I personally cannot see this breaking .0002, 3, etc without monumental news (like Wal-Mart or something). The problem is, how can a shareholder who purchased at .0001 not take a 100 or 200% profit? They will take it, and thus, keeping the pps down indefinitely. Good luck, I'll continue watching, but I just can't see it moving above .0002. But always trust your own research.
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posted
Cheers Smash and Jdizz Smash is like the father of this board - I always check to see what he has to say. I lost almost all my investment sort of chasing behind stocks because of inexperience and so on. Gradually built back up my portfolio taking a $300 or $400 profit here and there. Now the strategy I found that works best for me is this. Buy 1 mil in a few triple 000s like in the 1,2,3 range and just hold it there. Leave half my money free and when news comes and it starts running quickly buy like 10 mil, make a quick 10-20Gs and leave. Collect my profits. That's it. It works for me beautifully.
But that's just me. Thank God for the day I discovered penny stocks. I know everyone has their own strategies and policies that works for them. Value your advice and opinions greatly. One Luv
posted
brokes thanks for the advice. i like this board alot even tho its not as active as others i will only listen to people on here.. others is jsut a pump usually.. glad we got honest people here that want to see others make money
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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Revenues: 15 million USD Assets: 10 million USD Debt: 5 million USD
AND:
Vapor recovery unit retail price $ 30,000.00 usd (you can see a picture on the website)
I think thats the product they keep selling. I posted this for the shareholders, not to try to pump the stock or anything. I'm guessing the financials will look somewhat like that, but they're going to release PR highlighting specific areas of their finances, I bet, to increase curiosity. I'm freakin down right now, but I think we'll be just fine by week's end, if they follow through with everything they're promising and don't give us any nasty surprises.
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