As I mentioned on my last post, I am holding my 3 picks for long term. Today was not a good day for none of my Trios. Here are some reasons why I believe these stocks will have their day sooner or later.
YASH
Yasheng ECO-Trade Corporation engages in the acquisition, exploration, and development of natural resources. It provides financial services, mergers and acquisitions, accounting, real estate development, and natural resources exploration. It also is developing a logistics centre and eco-trade cooperation zone project located in Victorville, California. Yasheng ECO-Trade Corporation was formerly known as Vortex Resources Corporation and changed its name to Yasheng Eco-Trade Corporation in July 2009. The company was founded in 1992 and is headquartered in Beverly Hills, California.
ZMTP
Zoom Telephonics, Inc. designs, produces, and supports 3G modems and routers, ADSL modems and gateways, cable modems, dial-up modems, Voice over IP adapters and gateways, Bluetooth products, and other communications products under the Zoom, Hayes and Global Village brands. For more information about Zoom and its products, please see www.zoom.com I Believe this stock is worth over 2 dollars or even more. This stock is being manipulated by MM’s. Check out today’s trading table. As you can see somebody is trying to keep the price down by selling 100 shares for 0.59 In order to keep closing pricing way down. Ask your self? Who on Earth would pay over 10 dollars commission to sell 100 X 0.59 =$ 59 – commission. This is a legitimate company with great product and mass distribution channel. Amazon, Best Buy, Fry’s Electronics, Staples are among the companies that sales Zooms product. I bought some more today at 0.60 because I believe in this company and time will tell.
CHB
This pick is just a gamble for me. On Friday they are supposed to have a PR. It could be good or bad. Either they are going bankruptcy or they might have a buyer or some kind of contract. I am taking my chance and today I bought some at 0.28 because I think BK is long shoot. At this time when the housing sector is recovering, this company has should have brighter days ahead but I could be wrong as I was with Frontier Airline when I lost huge.
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