SinoCoking and Coke Chemical Industries, Inc. Message Board
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Seems like a lot of people agree with you that it's time to buy. Almost a million shares traded which isn't bad for a company with a float of only 14.5 million shares. I've been sitting on a ton of this stock for about three years and this is one of the most encouraging days that I've seen so far.
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Things certainly look encouraging. My wife may even call off the divorce.
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Up almost 20% on heavy volume with no (published) news. Could it be that insider trading is not that uncommon for a Chinese company? I doubt that the SEC even knows where China is located.
Sentiment: Hold
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The most remarkable thing about this stock is that it has stayed above a dollar. Does anyone think there will ever be any good news? Wait, Good news is only a year away, like everything else. Unfortunately, the goal post keeps getting moved and I keep getting older.
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Up 15% on extra heavy volume but I have been unable to find any news that would account for the jump. Could it be that SCOK is benefiting from the LLEN action?
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I don't think that a dual listing would be the answer right now for SCOK. It could be an option after they get the mines reopened and start growing earnings. All that could take another year or longer. I own LLEN as well as SCOK and am hopeful that the Chinese coal industry has started to turn the corner and will start to attract more investors. LLEN is looking good lately.