XHUA - Xinhua China Ltd. - Page 174

10,025 @ .0013
227,000 @ .0017
200,000 @ .0019

the rest (1,854,000) at $.002 so far
so 80% at ask

Thanks Simon. That looks a lot like conservative shorts covering just in case we lift off. This theory IMO would be supported if the ask remains several times deeper than the volume printed at .002 (once the session is done, or if the action dries up before then). I would expect to see more odd lots at .002 if we had new longs buying, but this is by no means a scientific postulation

Just let whoever is buying keep chipping away at the ask. Consistency is a beautiful thing.

This chart is looking weird now. Been at 0.002 for a long time.

2 reasons for that.

1) there's clearly supply/resistance at that point

2) there's also enough demand to keep the price pecking away at it

Not too sure what you're seeing that's weird, but I can't tell you that you're wrong. TA is all in the eye of the beholder.

Simon,

1st of all, I've been following you for a few years. Last year I made a killing with your guidance in the threads.

I guess "weird" is the wrong term. Perhaps funny is better. Seeing a straight line on the chart like that makes it appear dormant but we all know its not.

Thanks also for your new site. I'm up 100% on one of your active watchlist stocks.

Dormant is actually a great word for this one right now, but hopefully if that straight line you mentioned gets broken, it'll wake back up.

sleeeper

http://regsho.finra.org/regsho-November.html

20101112|XHUA|630000|706000|O

20101111|XHUA|644800|775000|O
20101110|XHUA|560000|840000|O
20101109|XHUA|559107|562707|O
20101108|XHUA|465000|465000|O

just hope some of short interests need to buying this stock back over 0,002

i think the short volume is building every day, maybe some of this shorts bought back cant see this in trades but we can see the short volume and the trading volume every day on finra. it will be interesting on which price the short interests try to buy back this shares.

once the float is dried up, there will be no more shares to short.

does anyone know what the (current) float is on this stock?

also if you could post the source of where you found the float, it would be much appreciated.

bloomberg has the float as 464.821 out of 499.911 shares outstanding. They also have the Short Interest as 459.000 with is very close to the max of 464.821 (the float).

Are these numbers in line with what some of you thought/know?

the float is N/A for xhua on otc site.

bid 0,0019 ask 0,0020 i like that actually no wide spread in this stock maybe its finally time for the bulls.

i think the 0,002 looks stronger and there is still short volume.most when i see trades at the ask price.friday was only 1 mill volume but this volume is complete short volume says finra.

20101119|XHUA|1000000|1000000|O

http://regsho.finra.org/regsho-November.html

i got 2 more m at .0020 last week. well over 10m now. will not sell cheap. will wait.

WOW .002 are gone

Wow 10MM coming strong! I have a lot but not sniffing your neighborhood.

Just came here to post that I had a .0021 small ask just to make sure we printed above .002 when ready, and wahoo there it goes!

ED: .0023

Someone is playing in the sand box.............................GLTA!!