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CMQ - an IDEAL stock to break the bank

Chart Forum » Stocks - ASX: long term & fundamental » The Squawk Box » Lesson Galore » CMQ - an IDEAL stock to break the bank

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holycow
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Username: holycow

Post Number: 640
Registered: 08-2004

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Tuesday, January 04, 2005 - 07:03 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



CMQ Daily
cmq

1) learn from history - each arrow represents a stock price rally (or dump), and without fail, there would be a counter trend movement but always ended with some kind of "price adjustment" and most times the direction is down... so the question needs to be asked this time is - will there be any "adjustment"?

2) if you are not "caught", there is really NO GOOD REASON for you to get involved! This stock/company is going to the dog until there is some kind of management change (like Tempo).

3) if you are caught and have turned from short term trader into long term investor, you may want to consider cutting down you stake - use each rally to lighten up. (however, this just my opinion, so it's caveat emptor from moi again)

4) the upside? if there is any, is "hopefully", the turkey brand CEO get caught by ASIC to have flouted the law and ban from holding any directorship in the company forcing a management change... but this just good bed time story for small kids coz the wheel of justice turns mightily slow in this country and the "innocent until proven guilty" usually have more avenues to dodge the legal bullets firing at them.

By the time the dream comes true CMQ would probably worth this much to the victor - $0.001!


HC

"... if you've got a chart, I have an opinion!"

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holycow
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Username: holycow

Post Number: 652
Registered: 08-2004

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Friday, January 07, 2005 - 02:20 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Little Red Riding Hood took off her clothes and got into bed. She was greatly amazed to see how her grandmother looked in her nightclothes, and said to her, "Grandmother, what big arms you have!"

"All the better to hug you with, my dear."

"Grandmother, what big legs you have!"

"All the better to run with, my child."

"Grandmother, what big ears you have!"

"All the better to hear with, my child."

"Grandmother, what big eyes you have!"

"All the better to see with, my child."

"Grandmother, what big teeth you have got!"

"All the better to eat you up with."

And, saying these words, this wicked wolf fell upon Little Red Riding Hood, and ate her all up.



Moral: Stock, no matter how attractive, how well bred and well hyped still needs to earn its keep. Right now, CMQ is still promising the sky and a lot of hot air. At the current price, even with financial backing from MHI, it still looks risky to me considering the FACT that on its way down it has left a trail of wounded bulls lying by the wayside - these wounded jittery bulls will provide considerable resistance as the stock price recovers, assuming it can tidy up its house and starts making money.

... which it still has a long way to go! And THAT turkey is still running the coop!

The best policy at this moment is WAIT AND SEE! (my bias opinion, as usual)


HC

"... if you've got a chart, I have an opinion!"

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holycow
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Username: holycow

Post Number: 660
Registered: 08-2004

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Sunday, January 09, 2005 - 03:36 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



How sh*t happens...
shit


I got nothing better to do so I try to show the hopefuls, the willfuls, the dreamfuls, the realists, the surrealists, the gullibles, the nay-sayers, the sceptics, and the ohwhatafeelingtype,... how sh*t happens in stock investing and speculating because people do not want to believe their eyes.

Like the heroes and air aces in the 1st and 2nd World War, if you live you'd be worshiped and admired by the whole nation; if you don't, you die going down in flame!

CMQ might/would/will go the ION way (all the way down in flame) or the SGW way (you thought you're gonna make it and then the engine caught fire, duh!); or the unshown and unspoken way of rebounding all the way skyshigh to say $30 like CSL? (the last option is thrown in because I want to cover my arse and I want to be "politically correct" to be "inclusive" in my opinion... call me a weasel or call me cute, just pick one! :-))

Yes, just pick one! But please for goodness sake save your time and effort and focus your energy in other stocks instead of debating this Xmas dinner - there's money waiting for you like your long lost lover, if you take the trouble to "remember"!







HC

"... if you've got a chart, I have an opinion!"

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holycow
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Username: holycow

Post Number: 2340
Registered: 08-2004

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Sunday, July 02, 2006 - 04:21 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



CMQ Weekly



1) I can't let his one go since I had dug up the bad old stock MBP in the other thread... this one has all the hallmark of NASDAQ bubble stock except it happens in Ozeland and post Nasdaq bubble. I think the authority should lock up the ex-turkey head for fraud.


HC

"... if you've got a chart, I have an opinion!"
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