SinoCoking and Coke Chemical Industries, Inc. Message Board
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What is happening here
Why is this getting sold down at the end of the day and why is this still down with the market up almost 300 pts the last 3 days? Has anybody received feedback from calls or emails to the company? Is anybody else ready to pull their hair out? Thanks.
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Stock will rise as the Q report date approaches if good earnings are expected. Everything else is a dead cat bounce. Chill till mid May. Buy on the dips. That's all you need to know about Chinese stocks.
- 1 Reply to rogersisler3000
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Oh, yeah, sell the day the report is released.
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I have spoken and recieved responses immediately when I call or send. They are going to announce earnings in early May. You have to call the 3rd party IR company listed at the bottom of the press releases. Sam Wu won't return your emails. There isn't any volume so it is in a slow bleed right now. It will move up 50% by end of summer and then to 15 by next spring. Don't watch it everyday or it will drive you crazy. I have 7,575 shares.
- 1 Reply to cfowannabe
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CFO- Have you folled this stock for a while? What kind of responses have you received and what reasoning do you have for the 15 target? I think that the market is in for a decling heading into the summer. I thank you in advance for your thoughts. You seem to be very knowledgeable and confident.
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