Re: Buy Now, only a few days left

"PennyMan" <mikeagostino@[EMAIL PROTECTED]
> wrote in
news:s2m3k.305$7A1.263@[EMAIL PROTECTED]
 

> CJGH will release its 1st quarter earnings on Wednesday after close.
> In 2007 they had a net income of $1.1 million and only 27 million
> shares. That is .039 cents a share. It closed today at .074 cents.
> Should be in for a decent run starting Thursday.
> 
> Double your money and get out.
> 

wrong!
huge overhead supply from the huge spike in Dec07

CHINA JIANGSU GOLDEN (CJGH.PK)

Last Trade: 0.0980 
Trade Time: Jun 13 
Change:  -0.0260 (-20.97%) 


they in fact had a good Q re****t
http://biz.yahoo.com/iw/080612/0406036.html

but as a new publicly traded stock is still finding it's equilibrium


http://finance.yahoo.com/q/bc?s=CJGH.PK&t=3m&l=on&z=m&q=l&c=

here's MSNmoney's snapshot:
http://moneycentral.msn.com/investor/research/newsnap.asp?Symbol=CJGH

Golden Horse along with its affiliates and controlled entities is one of 
the top five manufacturers of steel ball bearings in China. The Company 
produces over three billion ball bearings annually of various 
specifications along with its development of over 15 new products, such as

stainless steel balls, aluminum balls, and ceramics balls. 

OPINION: resistance is at about .013/0.14= the 500EMA and at the $0.20
from 
the 6moSMA.  These are sell points.  It's a fairly new stock so there 
really is no bottom sup****t... it is gambling
But 2,967,700 shares were traded at $0.098 which equals $290,834.60 worth 
of business; so there is some liquidity for nimble traders.

...