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Author Topic: my budget is $500 only
BigT1
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ChrisNC I dont have much info on this one. Mentioned I had only done light DD but I dont see from that what is propping it up. May be ready for turn around I just dont really see why. Lost 1.51 last year and if it loses like that or anywhere close why wouldnt they go bankrupt? If anyone wants to get in its fine with me, and hope you do well, but both technical and fundimentals give me the willies on this one.

Oh and I'm right 100% of the time did I mention that? Uh, well I would like to be right 75% (probably well below that) but in pennyworld one mans junk is anothers new hot stock. Anyway just giving my opinion to someone that asked not trying to bash the stock, and did mention it was oversold. If you have DD that contradicts that opinion, please share.


Posts: 222 | From: Victorville,CA USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
BigT1
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CCGI must be pink as it is hard to find much info on it. ChrisNC you may have something there though if can get in between .003 and .0035. Technical is 67 although some indicaters bearish appears as oversold and those indicaters wouldnt stop me from buying.

Except for their press releases do you Know anything about the company? Would like more info but it is a possability.

Understand I am primarily a fundimental trader first then technical. Some buy on technical alone and care nothing about what company is, does, will be in future. So remember to develop own style Keronpa and take EVERYTHING you read on messageboards with grain of salt. Same thing with most 'news' services as many are paid by company for positive press.


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Machiavelli
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hey that was cheap shot about us Techies Big T lol jkk.. anyways your right about CCGI.. i wouldnt touch that stock.. only time i would even think of buying it is if it broke the .006 resistance & only with a tight trailing stop-loss.. & yes its a Pinkie...It has been trading on high volume since around the middle of March.. at least high volume compared to before March.. i'm not good with Fundamentals but the company's product idea seems good... <shrugs> it's candlestick chart as of right now (3:10 EST)is yesterday it was a "Gravestone" which would indicate that today or tomorrow it would go into a downtrend of sorts.. which it is doing right now (a black spinning top at 3:10 EST) and all indications is it probably will be down the next 2 days.. but then again im not Big T and im not 100% always right lol (sorry had to take a cheap shot back lol jkk) .. here's a quote i read today that is a absolute truth: " No one on Earth knows where the stock market or a stock will move to next. No One." ... anyways below is the company's site, links about news reports and further info on them... hope this helps to the ones interested in this stock..

Company site:www.collectibleconcepts.com

News Reports:
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=U-i0065987-U:CCGI-20040419&symbol=CCGI&news_region=U&name=COLLECTIBLE+CONCEPTS+GROU&title=CCGI+Acquires+7+New+College+ Licenses
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=U-i0066231-U:CCGI-20040422&symbol=CCGI&news_region=U&name=COLLECTIBLE+CONCEPTS+GROU&title=Celebrity+Audio+Book+Nears+R elease

Some company Info:

CCGI -- Collectible Concepts Group, Inc. (DE)
Com ($0.001)

Address:
1600 Lower State Rd.
Doylestown
PA 18901
USA
Phone: 215-491-1075
Company Website: http://www.collectibleconcepts.com

Officers:
Paul S. Lipshutz, Pres. & CEO; Jeffrey J. Andrews, CFO

Shares Outstanding: 679,533,126 as of 2002-04-30

Estimated Market Cap: 2.514M as of 2004-04-27

Current Capital Change:
shs decreased by 1 for 70 split
Ex-Date:
Record Date:
Pay Date: 2002-06-21

Dividends: None


State of Incorporation: DE

Company Notes:
Formerly=Bard Sports Corp. to 5-94
Formerly=U.S.A. Sports Group, Inc. until 5-99


Class Notes:
New Issue=3-86 3,000,000 shs in units (1 sh Com & 2 Warr 3-4-87) at 3 cents per unit (best efforts-all or none) by the company
Capital Change=10-15-88 shs decreased by 1 for 20 reverse split


Transfer Agents:
American Registrar & Transfer Co., Salt Lake City, UT 84111


[This message has been edited by Machiavelli (edited April 28, 2004).]

[This message has been edited by Machiavelli (edited April 28, 2004).]


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BigT1
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Sorry Mach didnt mean to take a cheap shot just inform. Besides, that is not my style but I dont knock others if that is the way they want to work it. I am not a tech guy and probably never will be yet I often use tech when look at a stock. I guess I tend to follow Peters (Lynch again not the Apostle Peter) teaching of using tech to help decide when to buy not what to buy. Anyway good info you included and enjoy our chats Mach.
Posts: 222 | From: Victorville,CA USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Machiavelli
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ahh thats ok Big T.. i was just kidding around... i will take up FA someday... its good be a all around trader...
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