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China Armco Metals, Inc. Common Message Board

  • aman_1979_2004 aman_1979_2004 Mar 17, 2010 8:19 PM Flag

    I am in at 9.36...Is there any hope to recover?

    I am in at 9.36...Is there any hope to recover?
    I do have patience...but makes sense only if there is any hope ...

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    • It is just a matter of wether you beleive that their new facility will be running at full capacity at the end of the year, as they say. The demand is there, so there is no reason why they would not make use of that full capacity of 400 million USD at current prices, which are by the way expected to rise.

      The stock WILL be much higher then.
      I say: hold on to your 9.36 and you will be rewarded nicely. Don't get spooked, let your reason do the math, not your short term fear.

      http://finance.yahoo.com/news/Plays-on-China-tsmf-3121576707.html?x=0&.v=1

    • Truth is solid companies, or ones who give realist guidence and attainable goals including solid earnings don't loose 45% in a week. There is clearly a game being played behind the scenes causing this downward action and those who are shorting or selling or sold will be the only survivers. getting uglier every day which is why your panicing. Sell if it's to much to stomach while you still have something left. This is a giant $$$$$$ vaccum and it's plugged into 220.

      • 3 Replies to ran.dog80
      • Your true colors are too obvious with your absurd statements. You fail to mention that this stock just tripled in price in 2 weeks. It is completely natural and expected that it would pull back a third of that after such a quick rise. That is a very sweet profit and some are going to want to bank it. Just watch when this stock reverses again and heads back up.

      • "Truth is solid companies, or ones who give realist guidence and attainable goals including solid earnings don't loose 45% in a week. There is clearly a game being played behind the scenes causing this downward action and those who are shorting or selling or sold will be the only survivers. getting uglier every day which is why your panicing. Sell if it's to much to stomach while you still have something left. This is a giant $$$$$$ vaccum and it's plugged into 220."

        Are you that ignorant, i mean really you must be the stupidest piece of no good flesh and bones in the history of man kind. This stock is up 38.4% for the month and 127% for the year. People such as myself who saw the potential of this thing before it exploded two weeks ago are up big on this stock. The answer is quite obvious, it just signed a contract that is utilizing 1/4 of their total yearly capacity for $100 million dollars in an industry that is going to grow in China and their current market cap is $74.9 million. Of course your probably one of those rare species of investors who know everything they have to about a stock by merely looking at the graph and price action. I would bet any willing individual a significant portion of money that this stocks moves up from here over the next 3 months. At this price level I see another $1 or so of possible downside and about $13 dollars on the upside. If you want some more concrete fundamental rational for why those are my upside/downside predictions don't hesitate to ask but you must also give me your fundamental rational explanations.

    • Low float = volatile.

      Just be patient and hope earnings and forward guidance are great. If earnings and more importantly guidance are rock solid then 9.36 will have been a bargain.

 

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