For reasons not clear someone came buy and picked up 119K@.1699 first
thing this morning.
It appears that buyers are buying far more than sellers are
selling...Not clear why but better to see a bull or two now and then.
It looks as though whoever did the drive by put a good dent in the
resistance barrier set up at .17.. if longs are lucky maybe it will be
penetrated today,, would be nice to see despite Lu's poor managment
skills and suggesting too the board to do an RS....

10:03AM

buys= 214,100 @.1699~17

Sellers= 10,800 @.16~.165

47k till .17 is taken out.......

27.6K .... left before being taking out .17

being whittled away...small change buys... wonder who the privileged
bastard is, that gets to buy 900@.16 ahead of 4 other buyers bidding @.
1634?

uh-oh looks like the big time buyers of x100 are hell bent on
manipulating the price.........making the chart look like a rip saw...
no volume to speak of from there manipulative attempts....

Resistance forming again more players setting up@.17 now totally
32K....looks like it ain't gonna happen ..figures looked upbeat for a
few minutes this morning...oh well typical...but still hopeful that it
will get wiped out today..but not holding my breath..It is possible
that Lu in his drunken state at midnight PRC time may have made the
large buys accidently.... LOL

or not .. looks like while typing someone wiped out .17... now ask
price is .178 ,, nice to see upward movement for a change.. but expect
it too continue seeing it go sideways for the most part..

might see it hit .18 ......today but doubt it will penetrate it.. well
time to go make money the real way ...

Well, well looks like we did bang the .18's maybe beyond at the
close??

Quick Summary
The Stock is in Recovery Phase. The Recovery Phase occurs after the
market has bottomed and is showing weak signs of recovery. The prices
may have temporarily stopped falling.
The stock has recovered 28.6% from its recent low price of 0.14 which
occurred on 23-Jan-2009. The current price is above the 20 day moving
average of 0.16. The stock could possibly find resistance at the 50
day moving average of 0.18.
The closest support can be found at 0.17. The closest resistance can
be found at 0.2. See Support/Resistance below for details.
How to trade New Dragon Asia Corp.(NWD)?

Breakout Trade: The current price is resting around the support level
of 0.168. If the prices closes below 0.168 then a short/selling entry
should be considered.
Retracement Trade: Consider buying when the price retraces around
0.168. Consider selling/shorting when the price approaches 0.1999.
Risk Management: Consider risking somewhere between 0.027(15%) and
0.045(25%) points on your position. Risk management is an important
part of trading. Our risk management strategy is based on the average
daily range of the stock.

http://www.askstockguru.com/cgi-bin/s?s

I am making no claims or statements that I know everything going on in
the stockmarket or 'economy' as a whole, but if someone does the math
I consider this "correct me where I'm in error please".

Economy-massive rollercoaster downturning... few ups, many downs.
Price for food-massive rollercoaster looking at the movements for
costs, when would they be best and could they learn to purchase at the
peak lows.
Confidence of the Consumers- Do people consider this company's food to
be worth its cost thus increasing its income revenue thus increasing
its size?
Confidence of the Stock Holders- Do enough people consider the value
of the stock to be undervalued or overvalued from the economic
rollercoaster up and down with all the jobs being laid off and also
realizing the 'cheapest' foods to eat, and thus stock-piling on the
cheapfood versus the more higher cost foods?

Bottom line, whatever costs the cheapest and is able to reap the
biggest gains either by volume or percentage of profit per item if
this company can out do it can and will last and have it's price per
stock rise in value in the long-run.

But then again, I have around 3,000 shares between 30-50 cents a stock
as well, so I might consider selling half just to break-even and then
wait for it to boil lower just to play the waiting game as well again.
I did buy around September, Octoberish of 2008.... I have great-
confidence in a year's time-frame it can and will reach to around
$1.00 but when I have no magic 8 ball.

On May 6, 10:59 pm, user6...@gci.net wrote:

This is what I think is going on:
From Monday to Thursday Heng Jing Lu and the rest of the Board are
buying up the stock so they have a higher amount of institutionally
owned stock.
They decide to set their buy price at about 0.15 and have it increased
by one cent every two days.
The price fluctuates like any other stock, staying above the buy price
set by the board almost for all day Monday. But, the board gets a
chance to buy for the rest of the week.
Then come Friday people have noticed the slight increasing in value,
and it’s Friday, a good day to buy. The stock shoots up.
Turns out over the weekend I did the calculations:
Monday=.15
Tuesday=.15+.005=.155
Wednesday=.155+.005=.16
Thursday=.16+.005=.165
Friday=.165+.005=.17
Monday=.17+.005=.175
So as long as I buy for a price over .175 I should be able to get the
stock right?
If any one is confused just let me know.

By the way,
you see that 24 cent plateau on Friday afternoon.
That was created by a smart person who knew Friday was a good day to
sell.
That way they will have money to buy more on Monday.