Mon, Jul 28, 2014, 3:13 AM EDT - U.S. Markets open in 6 hrs 17 mins


% | $
Click the to save as a favorite.

China Medical Technologies Inc. Message Board

  • zbuxster zbuxster Jan 11, 2008 12:19 PM Flag

    (OT) Saleem

    Picked up a bit of SNDK a couple of days ago, just for fun. Looked at the chart. I have no idea what the FA is .... but should be good for a few. I'll be in trubbbbbble if there is some news I don't know, but its a small position.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hi Knstock,

      Yes I have been actively in markets for 40 years.

      I have been trading full time for 12 years.....

      I have made huge amount and also lost $100,000 in 87 crash.......

      Yes I have seen many bear market......

      Today's market is a serious correction..nothing more....

      One Bear market I have seen & suffered was from 1973 to august 1977......dow went from 1000 to 766...23.4% DROP in grinding 4 years.......I thought it will never end.....

      Hope I have answered most of your question......


    • Saleem just bought some SNDK shares today. It looks way oversold to me. Still sticking with CMED, VIP, CHL, NLY, LGF, UL. Nice market rally today! Good luck to all.

    • Hi Makinlootz,

      Bux has bought SNDK few days back.

      I will wait for their ER due this month and see how they are guiding for next Q & 08 fiscal year.

      But it is certainly interesting @ current price.

      I never hate or love any stock...they all have one purpose for me.....can I make a buck !!!!


    • The flash market is too competitive. While the stock has been crushed I do not see it recovering yet. I have hated this stock the whole way down and I still do.

      Economies of scale happen in all business. Flash prices are dropping far faster than cost savings.

      It gets what about 12% of its revenue from licensing?

      Why is it so cheap right now with prices that continue to rapidly decline? I still think it is too dangerous.

    • Hi Bux,

      In my 40 years of investing....

      I have NEVER seen a stock trashed like this....

      SNDK is trading @ 11.81 PE.....

      RSI is @ historic low of 20.77....

      FA wise Sales is expected to grow by 25.6%

      EPS consensus growth is 45.7%....

      I sold it last around $54++

      You should count on a quick GAIN....


      • 1 Reply to saleemakhtar87
      • You should look at the charts of CFC and ETFC.

        Last night I spent some time looking at the story behind both of them. I think there was some MAJOR MAJOR bank and hedge fund manipulation (with crooked news media included) in the past week. As a result, BAC was able to get CFC for $4B with a BK story.

        Etrade I don't know. Ken Griffin (Citadel hedge fund manager) is a secretive but interesting character and he seems to have a plan involving an exchange. If Etrade manages to turn around (I hope they do -- I have an account there) it may be one of the the biggest turnaround stories of the past few years.

2.560.00(0.00%)Nov 8 3:47 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.