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Mike Renaldi

Mike Renaldi
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  • China Biotics - Summarizing The Evidence [View instapost]
    What price to you plan to cover? At some point you will have to take profits.

    At what price do you plan to stop your losses? At some point you will cover your loss and go long or move on.

    Stock keeps moving up just as I have predicted. That guy at Roth should be fired imho.
    Oct 11, 2010. 10:04 AM | Likes Like |Link to Comment
  • China Biotics - Summarizing The Evidence [View instapost]
    James,

    I am interested in your background. What else are you invested in? Do you work for Citreon? What led to you to short this company and begin investigating it with the thousands of companies trading in the markets why this one?
    Oct 6, 2010. 07:49 AM | Likes Like |Link to Comment
  • China-Biotics: What Really Happened at the Investor Day [View article]
    Shorts are interested in addresses to sabotage seminars. I was invested in a company that sold products through seminars and this is what the shorts did.
    Withholding addresses is in the best interest of the company and its shareholders. Disrupting seminars is what the shorts are interested in.
    GL
    Sep 27, 2010. 09:38 AM | Likes Like |Link to Comment
  • China-Biotics Shifts Focus to Fast-Growing Chinese Food Ingredients Industry [View article]
    Maxim reiterates BUY Target $18. No surprise. Stock is very undervalued.
    Sep 23, 2010. 11:49 AM | 1 Like Like |Link to Comment
  • China-Biotics Shifts Focus to Fast-Growing Chinese Food Ingredients Industry [View article]
    I (me) said Roth was committing fraud. Company is growing EPS 50% Y to Y, buying back shares, trading just above cash. This kind of growth usually attracts P/E's of 25+. The company shared everything at the conference, everything is in order. Roth says $1.56 for the year. Using a simple PE evaluation.. this company with a PE of 25 stock should be at $39 +. To issue a sell and a price target of $8 is absolute fraud.. they are attempting to drive the price down for their own profit or clients profits. If the stock were $50 they would have a right to put a Sell on the stock and a PT of 20-30 if they truely believed growth would slow. $8 PT and a Sell is absolute fraud!
    Sep 23, 2010. 07:42 AM | 2 Likes Like |Link to Comment
  • China-Biotics: Refuting Citron Research's Claims [View article]
    Enjoyed this article about Chinese stocks trading at ridiculously low prices. "Fortunes will be made".

    These companies continue to grow EPS and revenues so now the shorts spread articles and attack the message boards claiming fraud. China is growing, business is growing... companies are growing exponentially. Shorts can only claim fraud at this point. The only reason these stocks trade so low is the options have been attacked and manipulated forcing the market makers to sell the stock down. Deals of a lifetime. Good luck.

    www.smallcapnetwork.co.../
    Sep 22, 2010. 07:45 AM | Likes Like |Link to Comment
  • China-Biotics: Refuting Citron Research's Claims [View article]
    Roth is playing conservative with its PT based on China hybrid stock history. There's a whole lot of china hybrids trading around book value. Roth is just going with the flow for now imho
    Sep 21, 2010. 10:36 AM | 1 Like Like |Link to Comment
  • Additional China-Biotics Due Diligence for Your Consideration [View article]
    I call what I see. I see options volume that is beyond the float of the stock.

    This is effective short term but long term it won't contain a growing company with growing profits.

    GL with covering your short position.
    Sep 7, 2010. 03:39 PM | Likes Like |Link to Comment
  • Additional China-Biotics Due Diligence for Your Consideration [View article]
    "The other question is... if these are such solid companies trading at such cheap valuations where are all the savvy value investors & hedge funds piling in to pick up the shares at distressed levels? "

    Ahhh... you don't know who is buying do you? somebody is. And guess what.. the selling of the calls and buying of the puts is how they are driving the price down.

    A tiny float and today's outrageous options volume proves manipulation. Its illegal to use the options to manipulate the stock price.. however.. its happening.
    Sep 7, 2010. 03:16 PM | Likes Like |Link to Comment
COMMENTS STATS
130 Comments
173 Likes