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  • China Integrated Energy, Inc. (NASDAQ: CBEH) – bounce time? 4 comments
    Mar 31, 2011 11:11 PM | about stocks: CBEH

    You may spend hours for doing due diligence on China Integrated Energy, Inc. (CBEH) in lights of recent “short-sellers” articles & blog posts.
    I don’t want to discuss neither questionable Alfred Little’s surveillance video “commissioned by one of its hedge fund clients” nor sinclairupton’s Seeking Alpha’s instablog posts (sinclairupton is anonymous “hedge fund manager” who created the Seeking Alpha’s account particularly for the CBEH‘s attack).

    I’d like to offer the simple schema: event (short seller attack) VS market reaction to this event:

    Event (first short seller attack):
    March 16th, 2011 11:54 AM sinclairupton’s Intanblog post: CBEH – A Troubled Company Stealing from Shareholders
    Market reaction (March 16th, 2011): stock went down over 35% (LOD)

    March 16th, 2011 7:43 PM Intanblog post by sinclairupton: CBEH 2010 10-K does not change our thesis – we are sticking to our report
    Market reaction (March 17th, 2011): stock went down 25% (LOD)

    March 18th – March 25th: light bounce (up 8%)

    Event (second short seller attack)
    March 28th, 2011 11:25 AM Alfred Little’s Intanblog post: Time-Lapse Video Shows China Integrated Energy Defrauded Investors
    Market reaction (March 28th, 2011): stock went down almost 60% (LOD)

    March 31st, 2011 Alfred Little’s article: Chinese RTOs: What Can Investors Buy When Even ‘Big Four’ Auditors Fail? (CBEH’s allegations intentionally shifted after CCME’s debates)
    Market reaction (March 31st, 2011) FLAT

    What’s next? New “hedge fund” short seller attack? Respond from China Integrated Energy to these allegations?
    We’ll see in coming days but for now CBEH is technically set for the bounce (chart below)

    penny stock CBEH chart

    Themes: China's stocks Stocks: CBEH
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Comments (4)
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  • bigbarry
    , contributor
    Comments (314) | Send Message
     
    The company is a fraud and you are looking at the "technicals"...
    what's wrong with you? If there's any stock that's NOT going to trade on technicals in the coming weeks it's CBEH.

     

    There's a reason your name is "PennyStockHaven.com"... that pretty much says it all.
    1 Apr 2011, 05:55 PM Reply Like
  • PennyStockHaven
    , contributor
    Comments (4) | Send Message
     
    Author’s reply » Fraud is an intentional deception made for personal gain or to damage another entity. China Integrated Energy is not a fraud unless all (or some) allegations against company are verified.

     

    As for the time being all anonymous “analysts” & all kind of short sellers (hedge funds, small retailers like you, etc.) are the ones engaging in fraud (by definition).

     

    Our blog post ends with “We’ll see in coming days but for now CBEH is technically set for a bounce”. Charts are sensitive & easier to read – but with your experience you should have noticed the “for now” part was intentionally included.

     

    We generally cover OTC stocks. With a record of gainers over 200% each month our name, “PennyStockHaven” pretty much says it all.
    2 Apr 2011, 09:06 PM Reply Like
  • User 945688
    , contributor
    Comments (2) | Send Message
     
    Generally penny stocks pass on to the low-priced (i.e. equal to or below $ 5 per share) provisional securities of very small companies. They are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets.
    16 Jun 2011, 03:10 AM Reply Like
  • robertdavis
    , contributor
    Comments (5) | Send Message
     
    Thanks for this good & informative blog post...

     

    http://bit.ly/nZkzVB/
    22 Sep 2011, 09:42 AM Reply Like
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