Post by
bond46 on Apr 20, 2012 7:03pm
High Risk Trade
It's not a good idea to trade a penny stock since there is no predictive pattern as to where the stock is going.Especially with CMK that the rumors grow louder that there may be a deal in the making, another joint venture between the Chinese and the Japanese to buy the company like the one with the Grande Cache in Canada. This time rumor has it that Mitsui a big Japanese coal company which is or was a major shareholder of CMK along with the Chinese may bid for the company and both have big pockets to overcome any logistic hurdles or financial problems. I would not like to be caught with my pants down if these rumors turn into news. Bond 46
Comment by
miner666 on Apr 21, 2012 9:52am
Bond 46, how nice of you to add yourself today, and in short order perpetuate the remour of a takover by a former financier. Very clever must you be.
Comment by
straightbull on Apr 21, 2012 10:16am
Yes, Bond46 is writing a script about a Chinese takeover of Cline. The theme music can be heard at.... https://www.youtube.com/watch?v=Ii1tc493bZM