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HighVolume said: "[B]I'm thinking of jumping into Kal Energy - KALG - Any Opinions?
Over the last two days this coal company has jumped 25%. Volume doubling daily, and just broke through its 52 week high today. The stock closed today at $1.39. Just last week they announced the discovery of a new coal seam.[/B]
[URL="http://www.marketwire.com/mw/release_html_b1?release_id=240607"]http://www.marketwire.com/mw/release_html_b1?release_id=240607[/URL]
[B]I've read 2 different recent upgrades, one giving it a $2 - 12 month price target, another giving it a $4 - 12 month price target.[/B]
[URL="http://biz.yahoo.com/bw/070423/20070423005428.html?.v=1"]http://biz.yahoo.com/bw/070423/20070423005428.html?.v=1[/URL]
[URL="http://biz.yahoo.com/bw/070419/20070419005286.html?.v=1"]http://biz.yahoo.com/bw/070419/20070419005286.html?.v=1[/URL]
[URL="http://smallcap.seekingalpha.com/article/33109"]http://smallcap.seekingalpha.com/article/33109[/URL]
[URL="http://www.marketwire.com/mw/release_html_b1?release_id=240607"]http://www.marketwire.com/mw/release_html_b1?release_id=240607[/URL]
[B]I've read many articles about china's need start importing coal and depleting deposits causing coal prices to turn upwards. [/B]
[URL="http://english.people.com.cn/200704/19/eng20070419_367873.html"]http://english.people.com.cn/200704/19/eng20070419_367873.html[/URL]
[URL="http://energy.seekingalpha.com/article/33025"]http://energy.seekingalpha.com/article/33025[/URL]"
Rbreb13 said: "This is an email pump & dump."
Harry said: "[QUOTE=HighVolume][B]I'm thinking of jumping into Kal Energy - KALG - Any Opinions?
[/B][/QUOTE]
Yeah don't!
[B]Departure of Directors or Principal Officers[/B]
[url]http://biz.yahoo.com/e/070423/kalg####8-k.html[/url]
Here's another upbeat bit of info...:dazed052:
[url]http://biz.yahoo.com/e/070417/kalg####10qsb.html[/url]
,,,message no revenue/no earnings/ more and more and more debt."
Harry said: "China's PUDA COAL NEW (PUDC ####) can't even gain ground anymore."
Paq13 said: "KALG is being pumped to the moon on daytrader and spam forums, PLEASE do not think about it again :)
if you're familiar and comfy dealing with daytrader type stocks, it's fine, but i would not hold it for more than a day or two AT MOST and it's also in line for a pullback very soon.
be careful, or better yet, find something else :)"
Krypto said: "Well, if you ask me the stock didnt get much attention until TRI-STATE initiated an upgrade. If you look at the consuption level of coal in the Chinese market you can see how the security may very well get moving.
I picked up 450 shares at 1.12... so far so good.
*fingers crossed*
As far as PUDC goes:
[B]Fourth Quarter 2006 Highlights[/B]
Fourth quarter revenue reached a record $ 43.4 million, up 110% from the fourth quarter of 2005
Operating income totaled $7.1 million, up 78% increase from the fourth quarter of 2005
Net income rose to $6.0 million, or $0.07 per fully diluted share
Adjusted net income totaled $4.0 million, or $0.05 per diluted share, up 60% from adjusted net income of $2.5 million in the fourth quarter of 2005
Sales of cleaned coal totaled 548,000 metric tons [MT], up 105% from the fourth quarter of 2005
Average selling price of cleaned coal was $78 per ton, compared to $77 per ton in the fourth quarter of 2005
it may very well get back to its 5 or 6 dollar high, but just my thoughts."
HighVolume said: "Up another 3.6% today
I agree with Krypto. Their numbers are improving, they have recently been granted more regions to explore, they already found a new coal seam on one of the regions. I think with increasing coal imports world-wide this stock has great potential. Time will tell."
thezster said: "Looks like Krypto and Hivolume are a tag team hit..... Let's see how long their pump n dump program lives here on S.I."
Krypto said: "[QUOTE=thezster]Looks like Krypto and Hivolume are a tag team hit..... Let's see how long their pump n dump program lives here on S.I.[/QUOTE]
thezster, I appreciate your "candor" but this was just something I came upon while asking questions in the forum.
But hey.... stay skeptical my friend! :wave:"
cwms said: "I agree with thezster.
You guys are both newbies joining the forum 1 day apart and both pumping the same stock.
In fact, if truth be known, I'd bet $2 that you two are the same person with 2 log on names."
Paq13 said: "why would you say something like that, i mean, it's only down 8% today...
..:th_thumbsdownsmiley
seriously, if nothing else, this stock is on several daytrading forums and momo forums...basically people who get in/get out very quickly.
you can make money with it, just don't plan on keeping it...
cwms's theory gets my vote"
cwms said: "[QUOTE=cwms]I agree with thezster.
You guys are both newbies joining the forum 1 day apart and both pumping the same stock.
In fact, if truth be known, I'd bet $2 that you two are the same person with 2 log on names.[/QUOTE]
[SIZE="4"]No rebuttal??? Hmmm![/SIZE]"
Krypto said: "[QUOTE=cwms][SIZE="4"]No rebuttal??? Hmmm![/SIZE][/QUOTE]
Still here.... just don't feel like beeing attacked. Again I did pick it up and it's not doing as well as I initially thought, but hey what are trailing stops for."