I guess this isn't as well known a stock since most of their business seems to be in the background. Not too sure how to link charts to my posts but I'll at least post the link to it. Here's an article on Seeking Alpha about their expansion in China as well.
@ZarethKnyght if you edit the summary you will find the code to add finviz charts to your post and summary when you make a new stock thread. Just an FYI and helpful feature.
The following user says Thank You to tturner86 for this post:
What makes you say that? From what I've gathered, they're expanding their business worldwide at a decent rate and was close to profit last quarter. What makes it radioactive?
this is a quote from that article....but read this complete link
Just on principle I like to invest in the real company...not a bunch of shares bought by a bank and put on the market.
to post a chart simply take a screen shot of what you want to show .... convert it to a JPEG or .PNG file and upload as an attachment.
You might be aware that I am a chartist if you read my journal. What I don't like about this chart is the lack of continuity in the day to day open/close. There are a lot of gaps...some are very small some are quite large. This makes it difficult to interpret the chart.... It almost seems random for me anyway.
If you look on a very long time frame you'll see the company was not too far for bankrupt. I know few guys working or who worked for this company and its future doesn't look very good, IMVHO.
Success requires no deodorant! (Sun Tzu)
The following user says Thank You to sam028 for this post:
Thanks for the info both of you. I have options contracts in them since it looks like they'll be generating a profit on their next ER. I guess I'll sell the contracts and sit back and relax instead.
Edit: Actually there seems to be a fair bit of movement in it lately. I know the original company trades on the Paris exchange from what I understand. Either way, I set it to sell my contracts at $0.60 per, which is around 17% profit.
The following user says Thank You to ZarethKnyght for this post:
Their trend still seems to be going up. Are you sure you still know people working within the company? What level do they work on? Management or grunt, etc? Doesn't seem like they're going bankrupt anymore based on how far down they had gone and their position now. Do you have any more details?
I would be careful about that uptrend...it looks like it has risen to a breakout now but I feel it is a head fake and the price will pullback and in 5-7 days the true direction will be shown
Possible. It's approaching some resistance from what I saw. I'm hoping to sell the contracts I have off for a profit tomorrow. It'll be more clear if it goes past the $4 mark but that would still be below it's 52-week high. Something for me to keep an eye on I guess.
