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Microcap & Penny Stocks : ChinaMallUSA.com (CHML) -- Ignore unavailable to you. Want to Upgrade?


To: money@work who wrote (77)7/14/1999 4:24:00 PM
From: Blue Voodoo  Read Replies (2) | Respond to of 122
 
I suspect that a lot of CHML stock is played by insiders - volume and price movement seem to start happening a couple of days BEFORE each news annoucement, with rises before good news (as in June) and falls before new reports like today's (which was basically a nothing story).

However, CHML's exclusive agreements give it an enormous advantage over competitors in the coming months.

Bottom line: CHML's a little scary for day trading, but a great buy if you've got a horizon longer than a few days or weeks. It could jump up any time from manipulation, and will go up long term on fundamentals. That's a very attractive combination for me. I used today's price drop to substantially increase my position.