Seems like casino season for selective penny stocks.   Today is China Sports turn.   I have cleared most of my holdings (those bought ard 1.8 to 2.1 cts).   Hopefully, the run up will continue for a day or two more (like Foreland FabriTech or CEFC Intl).   For China Sports, it has S$0.07 per share and is profitable   (but is facing huge receivables overhang   the audit issues are still not cleared the new CFO has also resigned because of pregnancy complications).   At least the FA seems more pleasant if the accounting could be believed!
My take is to take profits before the next quarterly result!
Penny stock rally. now at 0.031.Hit a high of 0.034.
outlook ( Date: 18-Jun-2015 09:35) Posted:
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I think it should be worthwhile to accumulate at 0.019.
appleronaldo ( Date: 17-Jun-2015 16:13) Posted:
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Very cheap ACCUMULATE 1.9 shuld be safe
Dropped to 0.021. Should be safe to accumulate at 0.021
Should go towards 3cents soon!
I don' t think it' s distributing, if you observe the pattern of buying up.  Many " purchases" in thousand lots ... Anyway, for those who make good profits, remember to take it before next quarter results.  The next announcement from the company will most likely be that everything is clear concerning the auditor' s issues.
Looks like distributing as today is t+5
 
fruitfulness ( Date: 25-May-2015 10:25) Posted:
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BBs playing up this stock today.  Hit past $0.025... Let' s see if it' ll go up much further.    Afterall, the cash per share is still $0.07 cts (after spending a huge sum on operating activities last quarter??).
Can hit $0.025 soon?
need to clear 0.023 first
China Sports back in action. Now 0.023. Will it climb higher?
No more rally this morning.open at 0.022.Hope there is some activity in the afternoon.
Closed $0.023 today
Really crazy rally for CHINA SPORTS 1Q15 turnabout
spectacular climb. hit 0.024.
yes... BB wouldnt eat 0.022 so much in 1 hours... lets see
appleronaldo ( Date: 19-May-2015 05:59) Posted:
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Wow big plan ahead based on price action yesterday
dun tell me so many ppl eat at 0.022 with no reason
KepoChicken ( Date: 18-May-2015 16:46) Posted:
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alot of ppl eat 0.022.... alot ...
going to up??
outlook ( Date: 18-May-2015 15:35) Posted:
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