Less than 2000 shares traded can move this stock by 10%. If somebody wants to sell, I am buying but they keep selling me 100 or 200 shares. I need 10,000 or 20,000 blocks.
Thanks for the musings gocol. That is a very bleak picture of the future. But I am very optimistic about GURE. Have bought back 24,000 shares and was hoping and waiting for the Big Boys will take it down further so I can buy more.
Detective Egghead's twin, the Posterman, is sitting at the edge of the gap to be filled so Detective Egghead can cross over in his Patty Wagon and pick him up. He is called the posterman because his poster is on the Patty Wagon along with Humpty Dumpty and he looks just like Pee Wee dressed as a clown.
lutts, the best measure to look at is the firm's quick ratio rather than the current ratio. They have significant debt and it is also a heavily manipulated Chinese stock. So guessing a buyout price is just a guess and something I have not researched. $3.00 to $4.00 is my wild guess. The main reason is that I trade the fluctuations of the stock rather than holding long term. For example, since I was overloaded I took out some profit by selling some shares at $1.50 today. In my view, thinking of $3.00 to $4.00 normal trading range is rather unrealistic especially if there is a merger/buyout in the works. It has to trade far below that range if they are to buy it on the cheap.
This is a good paper and I think you have misunderstood the main point. No company can survive selling their product below cost unless they are also heavily subsidized. This is not just an economic law (shut down condition) but also common sense. The demand for gas in China is growing and there is a gap between domestic price and imported gas price. The government has been taking effective measures to reform the pricing mechanism and to induce greater domestic production. Accordingly, it is moving towards a "more market-oriented pricing mechanism." The author also indicates that "Policymakers often have to strike a balance between providing affordable gas supplies to encourage gas penetration and setting a price that will serve as an incentive for more domestic production and higher import levels amid ever-growing demand." The author also points out: "Gas used as an industrial fuel and in chemicals production (including small industrial users that buy gas from local gas distributors) accounts for the largest share of gas consumption –
around 47% in 2011. The price of such gas is increasingly subject to negotiations between industry
users and producers." You should understand that negotiating a price between the major supplier and a major consumer is _not fixing the price and far from fixing it below cost. Thus the main point of this article is that the Chinese policymakers are attempting to create a more market-oriented gas pricing in order to encourage greater domestic production in the face of the rising demand. The remainder of the paper deals with the evolution of gas pricing, the pricing reform, their objective and implications, and the regional differences.
I don't know at what price, but usually the Chinese merger/buyout deals are on the cheap. We know that it can't be below cash value.
working overtime to find fraud. Or did they find it but don't know where it is? Who stole the cash Chairman1600? Or is it that it never existed? Are you being paid in dollars or yuan?
The issue isn't staying above $1.00 at all. They can always get an extension. The issue is how high it will go. I am overloaded with lots of cheap shares and have been patient.
Nonsense. That was planted news to pump Telecom Italia which they did. Where is the substance? Don't be fooled. OIBR is a buy especially below $2.00. It will payoff big this round. But it will take time and you have to be patient.