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prudent.investor 627 posts  |  Last Activity: Apr 12, 2016 4:00 PM Member since: Apr 3, 2008
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  • Another lawsuit popped up today. I lost count of how many lawsuits against this company already. The lawsuits against this company are more devastating than against other regular companies. MLM business is very similar to the illegal pyramid/Ponzi schemes. They rely on more and more new bigger fool members to continue to pile on to pay and join in order to grow. However, with all the scandal news about the Company was under investigation by Chinese authorities for illegal multi-level marketing scheme, the Chinese government authorities raided the Company’s offices, and the Company’s Chinese distributor had suspended operations in China, etc., it is already very ugly and apparently not too many Chinese would be stupid enough to still give money to join this Chinese MLM and risk losing all the money and perhaps being jailed by the Chinese authority. And now add on all these new lawsuits filed against the company. One has to be really stupid now to still join this MLM business (frankly it is also really stupid for anyone to still own this stock). Besides the reputation damage, the Company also has to spend millions to fight multiple lawsuits in the U.S. too. It is hopeless for this dying Chinese MLM business. The revenues dropped by a whopping $7 million dollars and profits dropped by almost $1 million dollars in the fourth quarter already compared to the third quarter. That was before so many lawsuits were filed against the company. The Company resource will be further drained by the lawyers for sure. Silly investors who still dream of any profits for this dying business are nuts. In any lawsuit, lawyers are the real winners. The Company already lost the minute any lawyer filed a lawsuit against the Company. The lawyers are nailing the coffin of this shaky and dying Chinese MLM.

    Sentiment: Strong Sell

  • LOL. This California based U.S.A. company with 93% of business in Hong Kong China is going to have the annual meeting in Switzerland, not in California, not in Hong Kong. LOL. The smart insiders sure know how to spend company money for personal pleasure. LOL. So smart! LOL. In Switzerland, they will not get too many investors, distributors, reporters, lawyers or customers there to disrupt their nice annual vacation and ask tough questions or protests. LOL. And they do not have to worry about being captured by the Chinese authority and put to jail. LOL. How nice! Have a nice annual vacation, oh, I mean, meeting! LOL.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 4, 2016 1:40 PM Flag

    This company is selling products at unbelievable scam high prices! According to the company, the 32 fl. oz. Noni Juice of this company consists of Noni, grape, pineapple and fruit juices. The company is selling it at unbelievable scam high price of almost $60 per bottle. What a huge scam on distributors and consumers! The followings are the normal prices of different organic fruit juices of the same 32 fl. oz. size on the market:
    Organic Noni juice: $13 per bottle retail price
    Organic pineapple juice: $7 per bottle retail price
    Organic grape juice: $6 per bottle retail price
    Organic fruit juice: $5 per bottle retail price
    As you can see, none of the components retailed at $60 per bottle at all. The most is $13 if it is pure Noni. Since the company diluted it with cheaper fruit juices, I would think it should sell it for no more than $10 per bottle. What a huge scam on distributors and consumers!

    Sentiment: Strong Sell

  • You need to get out of a bad stock immediately. If you do not get out of a bad stock on time, lawsuits are the only option you have to get a few cents out of every share you own. There is no other way you can recuperate your loss.

    I don't like lawyers because lawyers are the only winners in lawsuits. They are extremely expensive. However, in this case, these lawyers actually have more in their favor because the company is doing direct selling illegally without direct selling license. That pretty much hands the sure victory to the lawyers easily. You cannot win a lawsuit if you are doing illegal activities. But do not give too much hope on the amount of money you will be able to recover through the lawsuits. You will most likely only get a small fraction of the money after lawyers take a big bite out of the winning proceeds first. Most likely you will only get a few cents for every share you own.

    The only way to avoid losing money is to sell out of a bad stock like this immediately. If you do not sell and get out immediately, then when the next shoe drops after the next quarterly report, you will lose a lot more, and may even lose all the money!

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 16, 2016 7:28 PM Flag

    Stock pumpers here posted so many lies. It is disgusting. Here is what the Seeking Alpha article actually talked about office shut down. Make your own judgment:
    The Beijing office, recently in the news for being visited by Chinese regulators, now appears to be shut down.
    Our Recent Findings
    We visited the offices on March 14, 2016, and found that they had been shutdown since March 11, 2016. The entire glass door was covered by white paper and we couldn't make out NHTC's logo on the front lobby wall like we did during our previous visit earlier this year. As you can see, the "702" denotes that this is the same room we previously visited to investigate NHTC.

    On the door is a sign that reads:
    "As of today, this company is undergoing an internal redecoration. During this time, we apologize for the inconvenience. March 11, 2016".
    There is a large red lock on the outside of the doors.
    We compared this to photographs of the same office we visited earlier this year. We didn't notice anything that clearly needed to be remodeled; the offices looked modern and new.

    The company did not disclose how long its "internal redecoration" was supposed to take.
    In addition, on March 15, 2016, we visited the property management office at NHTC's Beijing office. The management office told us that the company has already suspended its business as of the week prior. There is no remodeling taking place, according to the building manager. Furthermore, management also told us the company's lease expires in two months.

    Sentiment: Strong Sell

  • You do not have to stay in this dying business. With the ugly news of this Company was under investigation by Chinese authority for illegal scheme, offices were raided by authorities, distributor had suspended operations, and offices closed, etc. it is hopeless here.
    Sell this dying Chinese Multi-Level Marketing (MLM) business stock while the stock prices are still high and buy real good growth stocks like:
    ADPT, AAPL, GILD, HZNP, BIIB, MOH, ACHC, BSET, AFH, EDUC, TPH, etc.
    It will be better and safer for your money in the long-term. Sell this bad stock and buy other good growth stocks.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 10, 2016 10:52 AM Flag

    LOL. Ignorant geauxjamd did not get what I said. LOL. So Silly! This company will lose to the lawyers in the lawsuits for sure because this company is doing direct selling illegally without direct selling license. The company cannot win because the company has no standing ground when it broke laws. The company will waste millions of dollars defending the lawsuits. And the investors who lose money will only get a few cents per share after the settlement because most of the money will be in the pockets of lawyers to compensate for their "great" services. LOL. Like I said, the best strategy for investors is to sell and get out of a bad stock immediately. Staying in a bad stock is the sure way to lose more money. And he was also extremely silly to think the current stock prices will make the lawsuit no merit. LOL. That was so dumb! The lawsuits are for investors last year and up to January who lost money in that period of time. Whatever the stock price now has absolutely nothing to do with the lawsuits at all. LOL. Silly ignorant geauxjamd! High stock price will actually pave the road for the next wave of even bigger lawsuits when the company inevitably reports a very bad quarter next. LOL. Like I said, the best strategy for investors is to sell and get out of this scandalous dying Chinese MLM company.

    Sentiment: Strong Sell

  • Partial list of Chinese Stock Frauds in the United States and Canada
    This list includes name of company, stock symbol, and place of incorporation.
    A-Power Energy (APWR) (British Virgin Islands)
    Advanced Battery Technology (ABAT) (Delaware)
    Agfeed Industries (FEED) (Nevada)
    American Oriental Bioengineering (AOBI) (Colorado)
    AutoChina International (AUTCF) (Cayman Islands)
    China Agritech (CAGC) (Delaware)
    China Century Dragon Media (CCDM) (Delaware)
    China Direct Industries (CDII) (Florida)
    China Education Alliance (CEAI) (North Carolina)
    China Electric Motors (CELM) (Delaware)
    China Energy Savings Technology (CESV) (Nevada)
    China Infrastructure Investment (CIIC) (Nevada)
    China Integrated Energy (CBEH) (Delaware)
    China Intelligent Lighting (CILE) (Delaware)
    China MediaExpress (CCME) (Delaware)
    China Natural Gas (CHNG) (Delaware)
    China North East Petroleum (CNEP) (Nevada)
    China Nutrifruit (CNGL) (Nevada)
    China Ritar Power (CRTP) (Utah)
    China Shenghuo Pharmaceutical (CKUN) (Delaware)
    China Sky One Medical (CSKI) (Nevada)
    China Valves Technology (CVVT) (Nevada)
    China Water & Drinks (HEK) (Nevada)
    China-Biotics (CHBT) (Delaware)
    ChinaCast Education (CAST) (Delaware)
    Deer Consumer Products (DEER) (Nevada)
    Duoyuan Global Water (DGWIY) (British Virgin Islands)
    Duoyuan Printing (DYNP) (Wyoming)
    Fuqi International (FUQI) (Delaware)
    HQ Sustainable Maritime (HQSM) (Delaware)
    Jiangbo Pharmaceuticals (JGBO) (Florida)
    Keyuan Petrochemicals (KEYP) (Nevada)
    L&L Energy, Inc. (LLEN) (Delaware)
    Longtop Financial (LGFTY) (Cayman Islands)
    NIVS IntelliMedia Technology (NIVS) (Delaware)
    Orient Paper (ONP) (Nevada)
    Orsus Xelent Technologies (ORSX) (Delaware)
    Puda Coal (PUDA) (Delaware)
    Qiao Xing Mobile Communication (QXMCF) (British Virgin Islands)
    Qiao Xing Universal Resources (XINGF) (British Virgin Islands)
    RINO International (RINO) (Nevada)
    Shiner International (BEST) (Nevada)
    Sino Clean Energy (SCEI) (Nevada)
    Sino-Forest Corp. (TSX: TRE) (Ontario)
    Si

    Sentiment: Strong Sell

  • If you do not get out of a bad stock on time, lawsuits are the only option you have to get a few cents out of every dollar you lose. There is no other way you can recuperate your loss.

    Personally I don't like lawyers because lawyers are the only real winners in all lawsuits. They are very expensive. However, in this case, these lawyers actually have something more in their favor because the company is doing direct selling illegally without direct selling license. That pretty much hands the victory to the lawyers easily. You cannot win a lawsuit if you are doing illegal activities. But do not give too much hope on the amount of money you will be able to recover through the lawsuit. You will most likely only get a small fraction of the money after lawyers take a big bite out of the winning proceeds first.

    The best way to avoid losing money is to sell out of a bad stock like this immediately. If you do not sell and get out, then when the next shoe drops after the next quarterly report, you will lose a lot more.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 26, 2016 2:16 PM Flag

    Stock pumper is mentally sick. Using many IDs to attack me one after another, but it is the same mentally ill guy behind the IDs. Only a psycho would do that. All his messages are either stupid or lies. He should use brain to understand I have nothing to do with the problems of this Chinese Multi-Level Marketing (MLM) scheme.
    - Stupid to think this is a US company. This company has 98% sales outside North America. 93% from Hong Kong China. This is a Chinese company! 3 reasons it listed in US, not China. 1. No license to operate in China (a fact from financial reports), so cannot list an illegal operation in China. 2. List in US created an illusion to Chinese that the operation was legit, so they could lure unaware Chinese distributors. 3. Easier to get money from stupid investors in America. Chinese investors would flee the stock at the first sign of trouble because they know Chinese frauds are rampant, but stupid American investors are not used to frauds. Extreme stupid ones would even defend for the company. LOL.
    -4th quarter sales were already down by $7 million dollars comparing to 3rd quarter, but idiot pumper is still looking at year-over-year useless comparison ratios that were comparing with the near zero sales number a year ago. Dumb!
    -Multiple insiders cashed out millions since ugly news started last year. Stupid to say only one insider sold.
    -Capital Cube article pointed out the underperformance of this stock clearly, and it also stated this stock is 5 to 6 times more expensive than peer stocks. Why is it so hard for the idiot to understand a busted illegal Chinese operation stock will underperform?
    -The office was clearly shut down. Stupid to believe it was just remodeling. How is the company going to reopen an illegal operation after the authority is already aware? And it has been two weeks. If it is remodeling, why it is still closed? One week is more than enough to remodel a small office. Extremely stupid to believe in lies so easily.

    Sentiment: Strong Sell

  • For the silly longs here that had no clue how the insiders transfer company money into insiders pockets through share repurchase, let me help you guys understand. Read the following text from 10-K filing that showed how the share repurchases of this company were used to help director (the largest insider) George K. Broady sell shares. Keep in mind, whenever it says "George would participate in the stock repurchase", what it really meant was George will be selling his stocks while the company buying stocks. The wording is to confuse silly longs. LOL. From 10-K:
    In connection therewith, we were advised that George K. Broady, a director of ours and owner of more than 5% of our outstanding shares of common stock, would participate in the stock repurchase program on a basis roughly proportional to his family's ownership interest. As such, we authorized our broker to proceed with the purchase of shares of our common stock in the open market for a total purchase price of $3.5 million. The open market repurchases were completed on August 4, 2015, and together with the shares purchased from Mr. Broady, resulted in our purchasing a total of 162,442 shares of our common stock for an aggregate purchase price of $5.0 million, plus transaction costs. In October 2015, under the same stock repurchase program and with similar participation by Mr. Broady, we authorized another round of stock repurchases. Accordingly, our broker was instructed to proceed with the purchase of shares in the open market for a total purchase price of $3.6 million. The open market purchases were completed on October 30, 2015, and together with the shares purchased from Mr. Broady, resulted in our purchasing a total of 106,264 shares of our common stock for an aggregate purchase price of $5.0 million, plus transaction costs.
    ---
    Isn't it nice to have a public company as a personal ATM? LOL.

    Sentiment: Strong Sell

  • This company will have to pay millions of dollars to the lawsuits! This company will lose to the lawyers in the lawsuits for sure because this company is doing direct selling illegally without direct selling license. The company cannot win because the company has no standing ground when it broke laws. The company will waste millions of dollars defending the lawsuits and at the end will still need to pay millions of dollars. And the investors who lose money will only get a few cents per share after the settlement because most of the money will be in the pockets of lawyers to compensate for their GREAT services. Staying in a bad stock is the sure way to lose more money. The best strategy for investors is to sell and get out of this scandalous dying Chinese MLM company stock immediately.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 19, 2016 3:02 PM Flag

    Scandalous news that the Company was under investigation by Chinese authorities, the Chinese authorities raided the Company’s offices and the Company’s distributors had suspended operations had caused the sales and profits started to decline already last quarter. However, I believe it will get even more apparent the business is dying after the next quarterly report. There is no chance this Chinese Multi-Level Marketing (MLM) company can still have a good business when anyone can easily Google and find all the ugly news. When the stock price inevitably drops off the cliff after the next quarterly report showing how bad the business has become, I can see the next gigantic wave of lawsuits most likely will fly. The higher the stock price before the next quarterly reports, the steeper the price drop may be, and the more lawsuits this company will get in the next wave of lawsuits. These are some of the possible causes I guess the lawyers may use for the next gigantic wave of lawsuits after the next quarterly report that very likely will crash the stock price big time:
    1. Did not disclose the office in China was closed. (Uncovered by a Seeking Alpha article, but not disclosed by the company yet.)
    2. Restating 2015 financial reports. (A director did not sign 2015 financial reports.)
    3. Did not properly provide timely warning for the disappointing quarter.
    4. Misleading active member numbers. The way the company counts active members will not reflect decreasing active members on a timely manner at all. It is an extremely misleading number.
    5. Did not properly disclose the office was raided by the government. (In the news, but not disclosed by the company yet.)
    6. Did not properly disclose distributors have suspended operations. (In the news, but not disclosed by the company yet.)
    7. Did not properly disclose the company is unsustainably overpricing products at 6 times of normal market prices.
    Lawyers may find even more reasons. But those are what I can see for now

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 10, 2016 3:30 PM Flag

    The ugly news that the Company was under investigation by Chinese authorities, the Chinese government authorities raided the Company’s offices, and that the Company’s Chinese distributor had suspended operations in China had caused the sales and profits of this company starting to come down already last quarter. However, I believe it will get even more apparent after the next quarterly report. There is no chance this Chinese Multi-Level Marketing (MLM) company can still have a good business when anyone can easily Google and find all the ugly news. When the stock price inevitably drops off the cliff after the next quarterly report showing how bad the business has become, I can see the next huge wave of lawsuits most likely will fly. These are some of the possible reasons I guess the lawyers may use for the next big wave of lawsuits after the next quarterly report that very likely will crash the stock price big time:
    1. Did not properly provide timely warning for the disappointing quarter.
    2. Misleading active member numbers. The way the company counts active members will not reflect decreasing active members on a timely manner at all. It is an extremely misleading number.
    3. Did not properly disclose the office was raided by the government. (It was in the news, but not in the disclosure yet.)
    4. Did not properly disclose distributors have suspended operations. (It was in the news, but not in the disclosure yet.)
    5. Did not properly disclose the company is unsustainably overpricing products at 6 times of normal market prices.
    Lawyers may find even more reasons. But those are what I can see now.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 16, 2016 12:47 AM Flag

    This is from the Seeking Alpha article today that points out Director O'Brien did not sign the 2015 10-K financial reports:
    2016's Other Red Flags
    More recently, we have gone into detail about what we believe to be two separate raids on the company's offices by Chinese authorities, and we have expressed our extreme caution that the company is operating an illegal multilevel marketing model in China without a direct selling license.
    As more than 90% of the company's revenue comes from its business in China/HK, we believe all Natural Health Trends' shareholders could be at grave risk. If a Chinese regulatory investigation were to result in the company's Chinese/HK business being shut down, we believe NHTC could lose nearly all of its value.
    Since our latest articles were published earlier in 2016, we have already seen Christopher O'Brien a lawyer by trade and NHTC board member choose to not seek re-election, after only serving on the board for barely over a year. According to a recent Seeking Alpha article by Alpha Apache, Mr. O'Brien is leaving $66,000 on the table in order to step off the board. This same article points out that Mr. O'Brien also failed to sign the 2015 10-K after signing the 2014 10-K. Could it be that this lawyer wants to absolve himself of any potential future liability?

    Sentiment: Strong Sell

  • Reply to

    Sales, profits well above S&P average

    by westr Mar 24, 2016 10:34 AM
    prudent.investor prudent.investor Mar 24, 2016 10:45 AM Flag

    Are you really that dumb? Last quarterly report already showed $7 million dollar sales decline and you are still doing year-over-year comparison comparing to the puny sales last year. Hello, the sales already dropped off the cliff last quarter when you compare to the third quarter. You will be one year late in understanding this illegal business is shutting down.

    Sentiment: Strong Sell

  • With the ugly news of this Company was under investigation by Chinese authority for illegal scheme, offices were raided by authorities, distributor had suspended operations, and offices closed, etc. it is plain stupid to still use PE to value this dying Chinese MLM company. LOL. The earnings will disappear when the business dies. LOL. Use brains. The earnings already declined by almost $1 million dollars last quarter. The E in the PE will disappear and may even lose money eventually. Only idiots would look at trailing PE and think the stock is cheap when the business is dying. LOL. Think what earnings will be in the future when the business is totally dead. LOL. Enron PE was very low before the financial flaw was uncovered too. What is Enron PE now? LOL. Totally bankrupt and gone. LOL.

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 3, 2016 1:34 PM Flag

    This is from Reuters - Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities' capacity to implement economic reforms, rising government debt and falling reserves.
    The Moody's downgrade comes just days before the National People's Congress (NPC) is due to vote on China's 13th five year plan, a closely held development blueprint for the next five years, which policymakers began formally drafting in 2015.
    Analysts will closely scrutinize the NPC's final text for hints on the likely trajectory of reform and policymakers' thinking on the appropriate growth strategy for China - key factors highlighted by Moody's in the report issued on Wednesday.
    "Without credible and efficient reforms, China's GDP growth would slow more markedly as a high debt burden dampens business investment and demographics turn increasingly unfavorable. Government debt would increase more sharply than we currently expect," Moody's said.
    The agency said its rating committee had discussed China's status at a meeting on Feb. 9, during which the country's institutional and fiscal strength, as well as its susceptibility to event risk, were reviewed.
    The agency said the downgrade was driven by expectations that China's fiscal strength will continue to decline, as well as the fall in its foreign exchange reserves which have shrunk by $762 billion over the last 18 months.
    It also said that policymakers' credibility was at risk of being undermined by incomplete implementation or partial reversals of some reforms.
    "Interventions in the equity and foreign exchange markets over the past year suggest that ensuring financial and economic stability is also an objective, but there is considerably uncertainty about policy priorities," Moody's said...

    Sentiment: Strong Sell

  • prudent.investor by prudent.investor Mar 18, 2016 1:18 PM Flag

    The largest holding insider, George Broady, is selling this stock again. His last wave of stock selling in November marked the peak for this stock. He is selling this stock again now. Anyone smart would follow the lead of the selling insider to sell this dying Chinese MLM business stock.

    Sentiment: Strong Sell

  • Take advantage of the high stock prices to sell and get ready for the big crash. There is no chance this Chinese Multi-Level Marketing (MLM) company can still have a good business with so many scandal news that people can simply Google and see all the ugly news. Who in his/her right mind would still give money to this company to join the MLM scheme here??? One has to be really, really stupid to still give money to this illegal operation. LOL. This company does not even have the license (this is a fact in the annual 10-K report).

    Sentiment: Strong Sell

DIA
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