Smart montecker. I sold a significant portion above $2.50 up to $2.80s, bought back some in $2.20s and sold again at around $2.50 when options expired and now trying to reaccumulate big time if we get lucky an this thing goes way down. All Chinese stocks are way down. If you sold earlier you can make huge profits buying back cheap. As you know I buy and sell incrementally and larger increments at lower prices. I have traded NBG profitabily most of the time and held some higher priced shares (average $1.20) but bought 30,000 shares at $0.90 this week reducing my average and await the outcome. Good luck
nickolus, I actually like to see it go below $1.20. Chinese markets are on fire and the Big Boys are taking the advantage of the situation. Buying incrementally as always with the dips--up to 200K.
Looks like Pee Vee posterman is back from his duties in Israel taking over chairmanbarack's position. Nevertheless, it seems Detective Egghead has substantially reduced his deputies investigating Chinese fraud.
I bought 6000 shares at 2.00 in 3000 increments passed two days. Looking forward to buying more today if there is a dip.
Thanks for your response southern. Form 4 issue could be related to some of these discrepancies I have noticed. These are not order discrepancies which are reconciled. I believe them to be more in the category of Chinese shell games you have listed. In one case I observed 246 large block trades involving millions of shares at a constant price and not recorded as part of the daily volume. In other cases I have observed and counted dozens of large block trades throughout the day and not included as part of the volume. The other phenomenon involves "turn over" through multiple exchanges (3 to 6 different exchanges) for the same number of shares but recorded differently as part of the volume. These often involve transition through foreign exchanges and I suspect they are part of the recycling of the stock by the manipulators or an effort to deeply disguise the trader. Accordingly, where there are discrepancies the transaction mechanism for the transfer of shares whether noticed in SEC filings or otherwise becomes a critical matter. Although some of these may be legitimately explained, I believe that there are many others that are not legit and belong to a long list of under the radar practices and transactions.
southern, I carefully follow all anomalies concerning Chinese stocks and I have noticed the difference but I am not certain of the mechanism and whether these were transferred. Moreover, in case of several Chinese companies I have noticed regular block trading where the transactions are not registered as part of the volume. Brokers and trading floor experts which I contacted observed and confirmed the transactions but could not explain why the daily volume did not reflect it to my satisfaction. Do you know anything about this phenomenon? Finally, I have noticed that certain trades clear through several exchanges, but not always recorded accordingly. For example, 100 shares may change hand three times and is shown to increase volume by 300 shares but at other times as only 100 shares increase in volume. Do you know anything about this? Glad to see we closed over $2.50. Thanks.
Pretty Boy aka jsm aka pipster, your obsession with being greeted by other men is a well established fact. Have you saved enough money for your transition operation?
Keeping the retail shareholders in the dark is the Chairman's well established policy. In this game the release of information and price movements are the negotiating tools between the Chairman and the Big Boys. Retail shareholders have always been inconsequential and can only be the beneficiary of the outcome. I am profitabily trading the stock while holding a core, not for $3.00 or $4.00, but for the possible Big Bang. Today's Mickey Mouse trading hovering $2.50 is related to the options.
Pretty Boy aka pipster. I sold 5000 shares at near high of the day at $0.6899. I always buy and sell incrementally. With the truckload of cheap shares I got I will continue to take out profit while laughing at Joker like you. LOL.