i have owned shares in this company for several years- like almost all of these chinese companies-its worthless-but i forgot about it over the last year and not only do i see it at like a dollar a share- i see something on here about a reverse split? i never got any sort of notification of anything-just thought it was like a couple of others that had gone to nothing.
what kind of split? i had 1000 shares- so what now? are there any lawsuits regarding this? i was notified when another chinese company went private or whatever they do-and there was some chatter about lawsuits-
whateve-just wanted to know what kind of split and how many shares is my original 1000 today? sickening all of it.
GEO and Rick Scott a perfect match- stock price cant go anywhere but up. privatizing prisons is precisely in line with florida governors' insane, right wing, corrupt idealogy. its all bad-but an opportunity to capitalize on the dismal condition and direction that this country is careening toward.
Exactly what ive brought up in other posts-that especially for elderly patients with any dementia-medicare will cover(or any other health insurance ) and it will be like any other medical device coverage-the use would be for many sectors of people with disabilities and thus, insurance for it.
i just wonder why it hasnt been already picked up by the public at large that this exists.
This ia what facism looks like in america- get used to it, and as sick and vile as a concept of privatization of prisons may seem, this will be american prisons are within the next ten years- maybe a few state owned stragglers may still be left but not many- and then you will see staffing/personnel agencies popping up for the prison labor industry division- currently, there are no public companies providing the labor to the call centers, factories, etc that are filled with workers making .20 cents an hour, currently it is still in the hands of the states-but they even give a "pitch" to sell the services-i.e.- no language problems(indian and fillopeno accents) local-no currency conversion issuesfor paychecks , low absenteeism problems-and of course-they call it "repatriation" of jobs back to america- they are calling it the "best solution for the outsourcing of american jobs". if morality exists in the stock buyer-these companies involved in the private prison business is not for you-but objectively speaking- these businesses will thrive-starting in the state of florida. florida will be the leader and the paradigm for privatization-oh what a fine country we have.
This shoe would seem to meet criteria for medicare or other insurance reimbursment- like so many other hospital/surgical supplies etc. this product could fall under medical needs based products-if that is so, it will be an amazing and necessary product for the millions of people suffering from any kind of dementia as well as other populations that could benefit as well.
chinese accounting=fraud and losing money for the americans who invested-this is the second chinese comapany i have owned (since 09) and lost all-its sickening actually-because both companies were very strong and financially solid, making lots of money etc. forecasts were excellent-millions and millions in future contracts in place etc.-its meaningless-
its a sin really-on a global scale- do american companies "go private"? i never heard of that until i purchased shares in chinese co's. listed here.
I have NEVER purchased a penny stock and im uhh nervous- i have a small online brokerage acct to use, but i otherwise have mutual funds, and managed accts. I have purchased some good equities and some bad-some very bad- but i have never bought a stock for .08- i bought because i thought the whole concept was interesting and very viable- please please please tell me something good!
isnt all this tracking device and phone apps gps stuff "it"?
someone is always watching anyway-always- so why not some good use for the technology instead of only big bro-
sorry-rambled on instead of asking question-
will the insanity of the chinese company bashing ever let up enough to allow the share prices to reflect the actual value? this company is doing very well-but...buy or no? notwithstanding the uncertainty of our world economic situation-the company itself is making money and heavily involved in multi billion dollar infrastructure projects throughout china.
just oen question- i have been watching this company for 2 years- was going to buy several times, but considering what has happened to very solid chinese companies with no basis at all other than internet nonsense in the way of publications, and alleged research companies putting out garbage and creating a mess- i opted not to. however, it doesnt change the facts that they are making money,have been awarded more and more multi million dollar contracts for raliway work all over the country, not to mention the billions of dollars going into the infrastructure in china with the high speed rails. it seems awful that markets are manipulated so widely that real companies, making real money, operating in real business are worthless in terms of stock price.
I am not a trader in any way- i do have a small brokerage account for my own money to purchase when i see something that sounds interesting-my money is in a managed account for long term and good thing-this market is not the market of years ago.
one question, i read abou this company and from what i read, it seems like a no lose premise-they are like investors, who buy into operating mines in return, get gold at an agreed upon price_which is far lower than current prices-simple understanding, but am i correct? i also see the mgmt. seems to have some pretty sophisticated people fro the industry. so..in the simplest terms- how can things not go well? any and all info would be really appreciated. I have lost enough money on companies that were seemingly doing very well-financially very sound, increased revenues, and profits, and still----prices go down. i would love to hear from someone who knows about this company.
wouldnt that be special??
i could recoup some money from CSR CNIT- btw- when i purchased them..they were growing like mad and making lots o money- its sickening.
i just want my money back!!!
Finally an investor who still maintains the real value of investing in the stock market- the market was historically the way people saw that their money grew-stocks were bought to hold with the expectation that investment would grow-in the last ten years-no common sense about money applies. the markets have become nothing more than casino gambling-starting in the 90's-companies losing millions of dollars a year, selling in the multi hundreds of dollars per share-then day trading- then institutional day trading.. then fraudulent press releases through emails..then..insanity and enormous price drops of share prices of good companies..so is the only safe route one percent in the bank? its bad for those of us who thought investing was to keep up with inflation, grow ones money, and feel relatively safe without having to check daily to see if you have lost half of your money. each day im thinking the mattress might be the solution. but i digress- will this company ever reflect a real share price? is india competing with china for loss of value in share prices for no reason? been there done that in china-dont really want to travel that road again.
I read about this company, and it made good sense to me-my concerns in the last several years is that even buying in companies that are making money, growing tremedously, nothing seems to matter-there is so much manipulation that very sound businesses get hammered down to nothing in terms of stock pricing-is this one of those? I dont invest my own money but do have a small account to buy some companies i find interesting-meaning, im not a trader or whatever. Ive dont well on some, and awful on others- some chinese companies that are doing great-but just part of the whole china mess vis a vis the market. i buy based on things i have read in articles in NYT or magazines etc. it they sound interesting, and i see the financial histories are good-i buy- but im thinking that is no longer a good idea since nothing seems to matter other than what is put out by all of these newsletters etc. so......is this a real company, doing real things...actually locking into low prices for gold in viable mines?
any info would be helpful and appreciated.
Im with you- this whole insanity with solid real chinese companies having share prices decimated by absolute garbage press releases and general panic is terrible. I still hold a couple of companies that were(when i purchsed them) solid and making money-and seem to be growing as well-but pps dead-i have been interested in this company for a couple of years-maybe now i should buy..im so down on CSR, CNIT and a couple of others- Conversely, a couple of years ago i purchased SEED-based on research id done-wasnt expecting any sort of movement to speak of and a few weeks later, i checked and it had gone from the 5 dollars and change i bought at to 12 dollars plus-great indeed, but made no sense and was equally reflective of the insanity-just on the positive side!
this country is shot. and there is no safety in the markets.
just had to post a comment- will be watching this one!
it's all wrong-every chinese company that was doing business, making money, in industries that were growing faster than many others...but because of total internet nonsense, the price shares got decimated for absolutely NO reason-and serious investors lost a lot of money- sickening really. One (or more) ridiculous press release by so called researchers does these companies in? i never imagined the stock market would be nothing more than a casino and turn excellent investments into garbage-translating into lots of people losing lots of money
Im from another mindset-the stock market was historically the safest and only place to put money if one had it-it has merely become nothing but casino gambling except unlike that gambling-everyone is affected, through no doings or fault of their own- its really bad for the people at large-for no reason, good companies get detroyed and stock values go to nothing-yet, unlike the tech bubble(that really started this mess)-where companies werent making a cent, and prices for shares were in the hundreds of dollars- today, solid companies are being decimated in terms of stock prices-and that affects people(majority) terribly.
Chinese companies really got crazy-i purchased stock in a few over the years- because they were solid, making money, doing business, etc. but that seemed to not matter-including this one-or a company like CSR- and so many many more-
I am a professional, but not in finance-just thought i needed to say something-CADC is a very good company-making money, and under contract for major HSR projects throughout china- Hundreds of Billions of dollars are going into new infracstructure over the next number of years-
i never knew of message boards like this but found them last week-i looked up a couple of the companies i own and read the comments-ridiculous really-everyone is an expert-some silly personal fights among the messengers-a few technical bits of info that sound reasonable, but overall-likely just a scam to get people to buy low priced stocks-while theyre selling them off- so what is the sensible investor to do?
what a drag
yes (sorry)- contracts worth millions of $$$ within the last year, i am aware of at least 11 mill for HSR work throughout the country- and thats only what i do know.
Im with you-its all the day trader gambling that has done in solid companies-and i previously posted an article in NYT all about the billions and billions of money going into infrastructure in the county-multi millions in railways and this company has already been awarded huge contracts for several of them.
Its awful how legitimate money amking companies in china have been decimated by nonsense.
had my share of losses as a result, but hope its reached its lowest point relative to all of the nonsense-this is a solid company with millions,millions of contracts going forward-the NYT article only further supports the facts.
why this crazy stuff since yesterday? i never heard of company-stumbled on it after reading information about prophecy coal-is there something specific that is going on?