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DISCLOSURE: I am long ETLT.OB, PTG, HIHO, UXG, GSS, WGDF.OB, GLDS.OB, and LTFD.OB. I have no position in AVCA, CXTI.OB,or PTSC.OB. Not a recommendation [...]
Add this to the list of certainties alongside death and taxes: if you trade long enough, you will have to deal with broker screwups.
I had to resolve one recently with e*trade, where incompetent “customer service” representatives took three weeks to process a worthless short position in Global Online India (GOLX.PK), a stock I shorted several [...]
China Expert Technology (CXTI.OB) still has its mojo working. Today, the company announced three new contracts:
Guigang City, located in the Guangxi Province, with contract sum of $25.8 million
Zhangping County, located in the Fujian Province, with contract sum of $24.7 million
Longyan City, located in the Fujian Province, with contract sum of $33.1 million
The company places [...]
Eternal Technologies (ETLT.OB) today announced that it would repurchase up to 5% of outstanding shares before the end of the year. With 47,073,279 shares issued and outstanding, the repurchase could total 2,353,664 shares.
This move is a very positive step, indicating that management intends to use the company’s giant cash hoard to improve shareholder [...]
