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    • Wed Jul 2nd 00:01 AM | Rating: 0 0
      Commented on:
      China North East Petroleum Holdings: Too Small to Buy or Too Impressive to Ignore?
      My only reason for further comments about CNEH is that the stock is still "running" (up.) Today it hit a high of 5.68 with a close of 5.58. The continues spike in oil price of around $143 certainly adds up-ward pressure to CNEH. The over 1 M volume days has been cut to over 500K today and has reduced the rate of the sp rise. With my doing a lot of tracking of this stock one might expect it to be easy for me to make a good projection for future prices. I don't have that urge nor have I become rich from my 50 years of serious investing. I have an invested average value near $3/share so why not take profits if not on all shares just take some off the table. If I owned shares in the 100s of thousands that is what I would do- a no brain-er? But that is not my case as I have reduced my overall investment commitments with age. Having seen a high % of small Chinese stocks run up and then falter badly gives many folks a reason for taking profits. I'm a believer in this stocks long term future as it's tied to the price of oil - so I'm letting it run.
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    • Mon Jun 30th 07:23 AM | Rating: 0 0
      Commented on:
      The Long Case for China North East Petroleum
      CNEH is all about oil- Oil prices skyrocketing to bubble portions. Some dday the happy hour will en but not for weeks. Last week I have added to my CNEH holdings @ 3.95.
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    • Mon Jun 30th 07:12 AM | Rating: 0 0
      Commented on:
      General Discussion on CNEH.OB
      Bill Fleckenstein ( a house hold name?) this past Friday gave an all out strong buy for CNEH. He provided strong reasons for his buy reco- CNEH's steady and strong growth with all matrix showing favorable to outstanding performance. The outlook is great to too good to be true. I believe he is right and share price which broke out of their all time high at $4.67 will continue up short and more so long term. I have added to my shares last week @ $3.95 and will hold through the short ripples.
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    • Sun Jun 29th 23:34 PM | Rating: 0 0
      Commented on:
      So You Think Oil’s Expensive Now?
      The oil pricing system is out of control or just crazy! Soon there will be a real crisis caused t by speculation driving up oil prices!!
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    • Sat Jun 28th 00:29 AM | Rating: 0 0
      Commented on:
      China North East Petroleum Holdings: Too Small to Buy or Too Impressive to Ignore?
      A lot has happened to CNEH since my last post in April '08. The big story is today's share price @ $4.67 has broken it's all time previous high of $4.55 with a high volume of 803,000. These are the likely fundamental reasons: the companies financials continue gaining at steady phenomenal rate - real growth. The company seems to be nearing a listing on a major US exchange (Have U heard this listing story before?) , management will do a USA conference presentation in July, they have a new reasonable website with a fantastic looking fact sheet, oil prices are up and they sell 100% to PTR at listed price on Shanghai exchange- no sales cost or account receivables (AC) and other positives as successful financing to drill 100 additional wells & acquisition of more reserves, etc. The company has 75,000,000bbl proven reserves. The management is experienced & supported by PTR who has a vested interest. Some here have said it all sounds too good to be true- that drives some crazy and others just take profits, or go with the flow? To myself the negatives always remain PRC decisions which can cut both ways and volatility of this class of stocks. Likely the PRC high excess oil tax may be reduced to encourage more desired domestic production??? My continual positive message remains even with the Chinese & US stock markets in a bear mode. Folks want to invest in a winner! About a week ago I doubled my exposure @ 3.95, so I've paced my bet. Other comments here about not putting everything into CNEH is certainly always valid. Just go to Yahoo, Google and the Investors Village (IV) message board for DD. 2 suggested outstanding posters on the IV board are Northern---, & Pappytom. I am biased positive until the fundamentals change negative and not dependent on technical analysis or short term corrections. I have been a holder for several years and haven't sold any for about a year.
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    • Wed Apr 16th 08:20 AM | Rating: 0 0
      Commented on:
      China North East Petroleum Holdings: Too Small to Buy or Too Impressive to Ignore?
      An update and + & minuses for CNEH. Since my original posting (Sept'07) Chinese stocks and CNEH on average have boomed and then corrected about 30 to 40 %. Many Chinese stocks corrected 50 to 80% since Oct.'07. CNEH went to a high of $4.55 to a low a month ago of about $1.68. Yesterday the stock hit a high of $3.2 so this is drastic numbers. Where to now- As a shareholder I'm convinced its up, I have held since 9'07.. The Q reports are all outstanding, successful financing of about $30 million without much dilutions, adding new producing wells at near a 100/year thus more reserves & profits soaring with oil @ $114/bbl. The possible negatives of favorable oil prices is the old fact that PRC may alter pricing at will and kill the goose that is laying golden eggs. The energy situation( shortages) will cause Gov. intervention which may be worse than the present 40% tax on CNEH (due to high oil prices.) It's just the PRC unknown but if left alone CNEH with greater output, big cash flow will move up to closer to $10 than the 1.68 low of the past month. I believe the odds are greater than 5:1 that CNEH is on a up move AGAIN! Both Motley Fools and Seeking alpha have also issued realistic very positive predictions of the above. The TA is not the critical matrix it's fundamentals and PRC.
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    • Sun Apr 13th 17:31 PM | Rating: 0 0
      Commented on:
      China 3C's Deal with Wal-Mart Could Turn Out Interesting
      There PR's are better than the share price. Fortm near 10 and losing 80% is a bummer. I am not convinced.
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    • Thu Feb 21st 15:15 PM | Rating: 0 0
      Commented on:
      The China Factor: Bain-3Com Deal Withdrawn
      "reported" big Chinese deals have a lower probability to be reality than US "reeported big deals. So watch what U bet on.
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    • Sat Feb 2nd 12:17 PM | Rating: 0 0
      Commented on:
      The Long Case for China North East Petroleum
      I've been following CNEH for a few years. The article is impressive and should be reassuring for shareholders. I'm biased & I'm accumulating here.
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    • Fri Feb 1st 17:32 PM | Rating: 0 0
      Commented on:
      Interactive Q&A: Simon Fu, CFO of China Expert Technology (CXTI.OB)
      Seeking Alpha should redeem themselves for publishing the CXTI lies. Print the truth now- The CXTI fraud is now to be settled in the courts.
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    • Fri Feb 1st 17:30 PM | Rating: 0 0
      Commented on:
      Interactive Q&A: Simon Fu, CFO of China Expert Technology (CXTI.OB)
      Where are you hiding CXTI? Some day you will be caught for violating the trust and interest of the shareholders.
      View article »
    • Wed Jan 9th 22:37 PM | Rating: 0 0
      Commented on:
      China Expert Technology Has Much More In Store For Shareholders
      talk but no substance
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    • Sat Dec 1st 04:14 AM | Rating: 0 0
      Commented on:
      General Steel Holdings: Building an Impenetrable Future
      Good article. I would include CPSL in the same catagory.
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    • Fri Nov 9th 22:14 PM | Rating: 0 0
      Commented on:
      China Expert Technology Has Its Mojo Working
      CXTI's MOJO is silent. Up in fflanes at a few pennies.
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    • Fri Nov 9th 08:07 AM | Rating: 0 0
      Commented on:
      Jim Cramer's Mad Money In-Depth Stock Picks 6/29
      David, Your consistent in your reply. In fact your reply appears to be a computer generated (automatic) reply. It is a word for word identical to the reply a few months ago. You are using your Internet tools well. David who?? Hmm.
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