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i just don't see what you see in this stock mother. if you want a china stock play take a look at FEED. excellent fundamentals and a major player in it market and sector. plus the chart is a beautiful cup base and handle that is getting ready to breakout. a high percentage play for a good 3-4 points and little risk right here. there's a chart on it at my thread.
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THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I cant believe you said that, there so much to see Huge Revenue Growth, Which leads to Higher EPS, which leads to the stock price making new highs.Originally posted by skiracer View Post
I think you need to go to their website, and see what they are doing, see recent contracts, Over 7o patents now, and on its way to new highs this year.
I could go on, but ski if you spent a little time, reading about it, I think you would think differently. Maybe when the stock price moves up, more will start to notice. No its not in a Sexy sector like Cancer cure, but bottom line this company work and technology is market penetrating and they will make fist full of foreign currency, which in turn will boost revenues further since currency covert into weak dollars =more dollars.
Also with only around 8 mil public float and 50 o/s , as institutions come in and buy blocks to hold for 1-2 yrs, demand for the stock will increase as supply diminishes. In turn we will see the stock price excel as shareholder value is built. GROWTH GROWTH GROWTH is what i see, but usually im first to the party. As the theory of price discovery states, so i dont mind being early to the party.
As China will still grow over 9% gdp and the crooks running the show here have destroyed our dollar and our economy, so its a natural hedge against further weakness here. Dubai aint running out of money, so i think Rch will be all set.
Much respect by brother, just hard for me to comprehend, how you cant see the Potential for a nice 5-10 timer.Comment
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here are two charts on CSUN and RCH and why i feel the way i do. i took a good look at the fundamentals on RCH and there was a pretty decent report last qtr. but nothing that motivated any move up. you could leave your money in it for a while while it gets ready or you could put it into either FEED or CSUN for a much higher shorter term chance of both making a move before RCH. check the charts out.
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I disagree Csun maybe when it dips im the proud owner of about 800 free shares, since i called it before it ran 3 bucks. I told you next week Rch goes gang busters, then q1 right around the corner.
Csun chart looks like dip now, and feed i told you what i thought, thanks for the posts though.Comment
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Ok fundamentals? Try .45 and forward looking around .51 eps and that not even talking q1 q2 q3????
eps time standard pe= 12-15 dollars assuming just 30 pe, growth stocks tend to have higher pe's 50-100. AND LIKE I SAID IT WILL GET NOTICED AND INSTITUTIONS BUYING TO COME<> STARTS NEXT WEEK
I DONT HOW TO BE MORE CLEAR!Comment
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Strong resistance not hardly, it broke it other day, and been low volume on down days, you will see what a few million shares traded does. Smart money accumulating. You have a cup and handle eh?Comment
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well i hope that if you make the play with RCH it goes well for you. I see CSUN and FEED's charts as much better setups technically. i just don't see RCH. i can only interpret what i see in the charts and that's how i call them. when they look good or are giving off the right signals thru their charts it's evident. it's not evident with RCH. you seem to be pretty sure of yourself and the call on RCH but it hasn't done much since you first posted on it. time will tell. good luck with it. i think you will need it. post those numbers on their fundamentals from where you got them and throw up a chart with some annotations backing up what you are stating.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I sent links to all info, info is there just have to read it.
Csun chart doesnt look good at all short term, it looks like retrace.
We just disagree, feed like i said could see upside next few sessions see if it tops near 16 then ring register.Comment
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although we have never met face to face i love ya spike.Originally posted by spikefader View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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RCH making a move. up almost 6% this morning.go you mother.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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LOL more likely to go 12-15 before it ever sees 4.00, but if it does i will load the boat, i got about 500k in cash on sidelines still, so i would love to see it.Originally posted by skiracer View Post
I'm a investor here, i trade other stocks, but this one for me is a better vehicle to invest in....
This is the last i will talk about it here.Comment
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Thanks guys but im playing for 600%+++ not for 6%.Originally posted by New-born baby View Post
Rch is a long play for me , i do expect 100%-200%+ in the shorterm (next 1-2 months) however it seems most here are looking for trades.
So will no longer comment anymore on RCH, and will just reserve this thread for day trades or 1-3 month swing candidates.
If you are long on RCH, i suggest you hold and try a little patience, you might even be surprised in the next few weeks.
THIS DISCUSSION IS CLOSED
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Don't quit so easily, Mother. When you are right, you're right. Keep talkin'.Originally posted by MotherLoad View PostThanks guys but im playing for 600%+++ not for 6%.
Rch is a long play for me , i do expect 100%-200%+ in the shorterm (next 1-2 months) however it seems most here are looking for trades.
So will no longer comment anymore on RCH, and will just reserve this thread for day trades or 1-3 month swing candidates.
If you are long on RCH, i suggest you hold and try a little patience, you might even be surprised in the next few weeks.
THIS DISCUSSION IS CLOSEDComment
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