Comments for GlobalSpeculation.com

Comment on Rames from china.fixyou.co.uk $$ by Glen Bradford

Glen Bradford — Thu, 16 Dec 2010 21:19:23 +0000

i dont like chfi.

it was my opinion that jada wanted to go acquire another company

they are sitting on a proverbial goldmine of jade.

Comment on StoryTime – Why not? – Mr. Lambo by Glen Bradford

Glen Bradford — Thu, 16 Dec 2010 21:17:59 +0000

dont think there is a bubble, these things are trading at 1/10 of what they are worth.. they get closer, but end of year tax selling cuts them back down, or whoever wants to sell/ raise cash/ etc

Comment on Rames from china.fixyou.co.uk $$ by saur9681

saur9681 — Thu, 16 Dec 2010 16:31:18 +0000

Why are you guys so bullish on JADA? I know it’s selling at ridiculous valuations (28% below NCAV), but do you really like the long term prospects of Jade? Its latest revenues have declined 78% quarter-over-quarter. They explain the drop in their 10-Q by saying, “the decreases in revenue resulted from a decrease in orders of raw jade received by the Company from our five major customers. Furthermore, we suspended shipments of raw jade to two of our customers, due to their failure to pay amounts due for prior shipments.”

Sounds pretty bad right? They only really have 5 customers… in 2009 those 5 customers made up 100% of revenues. It’s pretty shady hearing that 2 of their 5 customers are having trouble paying.

Also, they received a refund of 8.7mil in the last quarter. Their last 10-K explains “this $8,787,089 was an acquisition deposit paid to Shenzhen Huanyatong Investment Development Co., Ltd. to help the Company find an acquisition target.”… They were trying to find an acquistion target in 9 months apparently, and I’m assuming that meant finding a company to acquire them. What’s interesting about this investment company is that it’s a company CHFI invested in. Anything related to CHFI is a red flag in my opinion.

Thoughts?

Comment on StoryTime – Why not? – Mr. Lambo by saur9681

saur9681 — Tue, 14 Dec 2010 19:48:28 +0000

I think the last few sentences sums it up. You simply can’t afford to sacrifice returns and your entire strategy by giving in to investors who can’t handle the pressure. The real question is, can you tell right away if somebody has a “Mr. Market” mentality? I guess if the client truly can’t understand your strategy then that should be a warning sign. If all they are focused on is your returns, then it won’t take long for them to question your strategy once they take a slight dip. What you need to explain is that a decline in price to ridiculous lows is actually a good thing in the long run… explain to them that buying at these extreme lows gives you an even larger margin of safety… if they can’t understand that then your strategy isn’t suitable for them.

I’ve noticed these extended pullbacks happen way too often with these stocks. What do you think is the cause for these long droughts? It’s hard to believe that these stocks can trade this low for extended periods of time… but I’ve seen it happen at least 3 times now since 2009. Also, what do you think caused the random bubble in these stocks over the past months (short squeeze? or something different..)?

Comment on Rames from china.fixyou.co.uk $$ by Glen Bradford

Glen Bradford — Sun, 12 Dec 2010 18:41:24 +0000

I didn’t get that part either.

Comment on Send me your stock picks $$ by saur9681

saur9681 — Thu, 09 Dec 2010 05:38:38 +0000

Hey Glen,

I’ve been following your articles for a while now… made some huge returns back in March of 2009, as I’m sure you did, mostly from the stocks CHFI, CNOA, CYXN, GHII, etc. Many of these stocks were included in one of your first articles on thestreet.com (http://www.thestreet.com/story/10496234/1/top-10-chinese-microcaps.html). I sold out of most of them before a lot of them took a nose dive.

I’ve learned through a flat (returns) 2010 that although the companies may have great fundamentals, that it’s better to just pick a low-ball price, put in a limit order, and wait it out. I’m very bullish on LTUS, LPH, ENHD, and I’m pretty sure you are as well. What are your thoughts on CNOA, CHCG, GHII, and CHBU? From a simple valuation standpoint they are good, yet future growth is definitely in question… I like the idea of CHCG if they can somehow manage to jumpstart their new business model, but it’s definitely speculative. CNOA has been inconsistent and continues to file late with the SEC. GHII has good growth potential, but revenues seem to be spastic and it has no volume. CHBU has caught some fire lately, but I’m not jumping on that wagon. What are your thoughts??

Comment on Zack Buckley = Adroit P4 & Extras @ Bottom by Nergo

Nergo — Wed, 14 Apr 2010 23:31:11 +0000

Nice list …. Thanks, Glen … I’ll create a watch list.

Comment on Clearing the Chamber $$ by Nergo

Nergo — Mon, 12 Apr 2010 11:04:29 +0000

Thanks for these comments. I looked at some of these stocks before. I am holding off buying because of your comments. You have me rethinking my previous thoughts. Thanks

Comment on I don’t come up with this stuff myself by Glen Bradford

Glen Bradford — Sun, 04 Apr 2010 23:43:13 +0000

i didnt write this stuff, i just generally agreed with most of it. hence, i dont come up with this stuff myself.

Comment on I don’t come up with this stuff myself by Nergo

Nergo — Sat, 03 Apr 2010 19:53:35 +0000

I appreciate your reviews of these stocks. Are these your stock picks or are other traders requesting your analysis of their picks?