since May 24th, when at .59, you guessed it would go to .27....lowest it has gone is .42. Why do you put yourself out there and guess such nonsense....I guess your credibility means nothing to you.
BTW, I really don't care what you think, I just wonder why someone would continue to look foolish...foolish is OK ( and I would care) if you can support your theory, but guessing and still wrong...OMG. I got you on ignore starting NOW timewaster.
of all the .OB stocks i've owned chgy.ob has acted the best..i.e. dropped the least still a significant drop from it's highs but also the biggest gainer before the general chinese small cap FLOP...:) i think the key to these stocks as someone mentoned earlier is playing he volitility and also watching volume any big move is usually preceeded by a huge volume day in comparion to a normal day and there is usually a window albiet small to get in rather than buy and hope..:) btw..bidu is up again today and cnoa is well u know the story..cnoa becomes interesting again only when the buyers swoop in en mass..:) not yet...patience said the wise man..
4 yr $. this stock lost 1/2 of it's value overnight...can u afford that...i thought i could but the prolem is waiting for it to come back if it ever does...in my experience the better performing stocks and well run companines contintue to perform well in a bull market...sure if u've got 100 bucks in then no big deal...but then what's the point? we're here to make $ right...so while u're waiting for cnoa to go up lots of other stocks are going up...
What nonsense. this isn't going back to .27 unless there is a worldwide market crash. These kinds of statements are based on nothing and mean nothing. The dumpers and pumpers are equally worthy of being put on the ignore list.
one better place is UHT which is a well run health care reit. look at its history & buy when it drops to a point where the yield is 7.5%(currently about $32). may be too conservative for most but i enjoy the dividends. it along with NHI will be up-imho-$4-$6 in less than 1 yr as people look for better yield.
apples and oranges comparison........how can you compare CNOA with BIDU. CNOA is an OTC stock that is in the organic food market. CNOA's margin of safety is in my opinion much bigger and the downside risk (in stock price) is much smaller. This company is sitting on a mountain of cash plus the fact it is way undervalued in terms of P/E, P/B, PEG, etc. etc.
If they announce a new auditor (top audit firm) and some acquisitions, this baby is going to fly to the moon!!!!
FWIW, we haven't disagreed as much as you might have thought except that we had different price targets. .40 looks like a tradeable bottom and should hold unless the market starts plunging again (which isn't out of the question but probably not for a week or two). If CNOA can hold in the mid .40's and regain the 9 day MA in the next few days we should see a return back into the 50's which is what I'm betting on since I bought in the low .40's
BTW, I don't know what CNOA is going to do today but it looks like you're going to lose some of those gains you made on BIDU. Just goes to show there is no safe harbor.