China Natural Resources, Inc. (NASDAQ:CHNR)
The Company is engaged in identifying,acquiring and operating business opportunities. It disposes acquired businesses whenever required.
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This is a tracking portfolio of all CAPS-ratable tickers in the Chinese RTO/SPAC space (i.e., companies that listed without filing an IPO).
China Natural Resources, Inc. went public via a reverse merger in 2006. The company is based in Hong Kong.
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Oh My God! Did look at the description of what this company does! I no nothing about this company, but that description is so awful that I cannot help but give it a thumbs down.
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china stock
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Bollinger band convergence w/ 20 day moving average indicates a bullish trend. A 45% move higher in the stock price in a 6 month period would be a conservative estImate.
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Throughout china is endless aquasitions. This company will be able to get the lions share of those deals. Its at a discount, but not for long.
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Business opportunities abound in rapidly growing countries they must specialize in what will last and not in the next bubble I think they will so two thumbs up for the future of this Inc...
;D
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The dollar continues to fall against foreign currencies which makes any foreign stock a good investment. Combign this with the exhorbitant construction that is occurring in China and you have true winner.
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This stock is at the top. It is ready to come back down to earth
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I have made money on this stock when it was flying high, I've seen it go to 15/16 that's when I would look at it again. They are diversifying and acquiring. It will be interestingm\,but not now the market has 2 more down legs to go. hold on tight for the ride.
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"identifying,acquiring and operating business opportunities. It disposes acquired businesses whenever required."
What the hell kind of description is this? Why the jump? Why Why Why??
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irrational exuberance
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Increase of 88% on 20 times normal volume. Seems to be moving becasue of the other chinese stocks.
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Up 88% in one day. I want to short this in real life but I'm afraid more investors are going to jump on the bandwagon and make it jump even higher like the last time when it jumped to like 40 something. Oh well... UNDERPERFORM!!!
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I'm buying on the huge downturn in this China holding- alot of natural resources in China
untapped resources
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More crap from China.
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This bubble will most likely burst
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