I got nothing for you BU. I have been out since last "earnings" and first time since the IPO year. I did mentioned I thought $2.20+ was a trap, but (seriously) what do I know. It was a crazy ride and I am keeping my eye on it.
Current big holdings:
NQ, CYNI, LITB, CCSC, GDP, FXCM, mentioned BCOV here (took profits)
Good luck all!
Next quarter Guidance below street and like tpljmpr_50 said no street cred. I have made my last add at $4.10 and can't chase it anymore.
I am long about 10K shares. You asked how many fraud companies say they won't sell Check out DEER they got me and now I am back for more. Greed...got to love it. Bummer market down so big on same day earnings data announced. GLTAL
$3.42 in cash per common. Distribution center now in USA so the complaints on getting late will fall as did the UK when LITB opened one there. It's all good for sure Record quarter and $90M next quarter beats Q1 2014 by about $5M and they usually beat expectations. Share buyback continues and yes they are real I have ordered products to experience their service and quality of products. Great on both sides.
That is a solid assumption. Just want to chime in and say been watching company for quit some time now and seems we are ready for next leg up. Getting the $50M financing is good, but the interest rate is ugh. Anyway, been loading and see at least a solid climb off bottom and feel they will spend this money smarter than the IPO. Guessing reality has sunk in and they are a little more focused on shareholder value.
All going according to plan...Earnings announced for March 9th They announced while market closed on Monday so we lost a little pop. Current PPS $5.99 VIPS beat and popped 13% on earnings and DANG followed. Today LITB is catching up and will trend higher before earnings. GL
Because they are swimming in "free" ones?
It is a good question. I used to ask the same thing when I held DEER. Same story... share buybacks, insiders promise to hold shares, Chinese company, etc. etc. The stock was $11 at the time and now .03. Look it up, it's as if there is a playbook the Chinese follow to drain every last penny from greedy, Western "Investors".
Volume has been 2 and 3 times lately. Short interest at all-time low. The strangest move CEO.
CHONGQING, China, Aug. 15, 2014 /PRNewswire/ -- Country Style Cooking Restaurant Chain Co., Ltd (NYSE: CCSC) ("Country Style Cooking" or the "Company"), a fast-growing quick service restaurant chain in China, today announced that its Chairman and Chief Executive Officer will step down as CEO effective on February 13, 2015, six months from August 13, 2014. Ms. Li will retain her title as Chairman of the Board of the Directors. Mr. Xingqiang Zhang, a co-founder of CCSC and Ms. Li's husband, has been appointed as the new Chief Executive Officer of the Company effective six months from August 13, 2014.
Mr. Xingqiang Zhang is one of CCSC's founders and has served as one of its directors since the Company's inception. From 1996 to August 2007, Mr. Zhang, together with Ms. Hong Li, established and operated nine restaurants which are now part of the Company's consolidated group. Mr. Zhang has valuable experience and knowledge in terms of the daily operations of quick service restaurant chains, which contributed greatly to the Company's successful development. From 1992 to 1995, he served as the manager of two international quick service restaurant chains in Chongqing. Mr. Zhang received his bachelor's degree in economics from Nankai University in 1988.
Ms. Hong Li, Chairman and Chief Executive Officer of Country Style Cooking, commented, "I am honored to have had the opportunity to lead this company for the past seven years and to have expanded the reach of the business to over 300 restaurants in China. After considerable reflection, I intend to spend more time with my family. Mr. Zhang has in-depth knowledge of CCSC's operations, significant understanding of China's QSR industry and is well equipped to lead the company to its next stage of growth."
Current PPS $5.70. My prediction: Earnings in less than 20 days will be announced soon. The PPS will be well over $6 by earnings day. They will post a beat across the board on provide solid guidance. I have ordered products from them.
VIPS took off on big time beat... DANG off its bottom... LITB, historically, runs up for a few weeks before earnings and pops day of with a couple more up days after and then lower lows and lower highs back to bottom. Current PPS $5.58 Plan isn't working so well this time. March 9th just around the corner.