Here’s a link to our profile- http://www.wallstreetgrand.com/content/CDII.html
Here is a quote from my original profile on CDII-
" …….. Just recently, CDII announced that it had purchased a total of 1,589,520 shares of common stock through its share buyback plan accounting for 6.3% of the total outstanding shares! These shares will be cancelled. Additionally, in a private transaction unrelated to the company’s buyback, Yuwei Huang, Executive V.P. of Magnesium operations and director of the company purchased 500,000 shares of CDII common stock! In my opinion, both of these events are strong bullish indications that the company is extremely confident that the company is undervalued with big upside potential. By the company doing a buyback and cancelling a percentage of the outstanding shares they are increasing shareholder value as well as the company’s valuation.
Of course what I love most about CDII is the company’s fundamentals! In my opinion, CDII is extremely undervalued at the current PPS. CDII is currently trading for only $1.20 with a market cap of $29 Million. CDII currently has over $261.5 Million in revenue; total assets were $107.4 Million in 2008 compared to $88.3 Million in 2007, and 45% quarterly revenue growth! CDII has net income of $17.7 Million compared to $12.5 Million in 2007 and quarterly earnings growth of 97.5%, has $28.4 Million in cash, and only $2.09 Million in debt! Right now, CDII is trading under book value, less than 1 times sales, and has a P/E of only 1.8!!! This is unbelievable!
CDII has already started to show a new bullish trend and has gone from $0.91 to as high as $1.37 yesterday. I have been waiting for a little pull back for a good entry and it seems that we are starting to see just that. In my opinion, anything around the current levels ($1.00-$1.25) is a great entry. This is a long-term play."
We are still very bullish on CDII so keep a close eye on it!
Two of our 5 Star Stocks have also been doing unbelievable in the New Year-
IVN alerted to everyone at $4.17 just hit a new high today of $16.92, now up 305%!
EGI alerted to everyone at $1.70 and added on our 2010 Top Ten List at $2.43, just hit a new high for us today $3.25 for a gain of 91% since our initial profile and up already 34% since our Top Ten List! Here’s a quote from one our original alerts on EGI-
Here’s just one quote from one of our alerts on EGI-
"EGI is sitting on a GOLD MINE….literally! EGI has 139,500 unexplored hectares of which they own 100% rights to.
Imagine when EGI begins exploring all of this land! The revenue potential here is unbelievable! Not to mention that EGI has a joint venture with Ivanhoe Mines (IVN) which is another BILLION dollar mining company! EGI and Ivanhoe will also be drilling at the newly found Heraga project. Heraga is estimated to contain at least 8 BILLION pounds of copper and 13.4 MILLION ounces of gold! That’s INSANE!
EGI only has a market cap of $185 Million right now!
In my opinion, EGI is a perfect investment opportunity! EGI has over $63 MILLION in cash and NO DEBT! After doing my due diligence I also found out that Rio Tinto and Ivanhoe Mines have both invested tens of millions into EGI!
If that doesn’t gain your confidence then I don’t know what will. Why would these top notch billion dollar mining companies be investing into EGI if they didn’t believe it was going to become a huge success?! They obviously realize how valuable the land is that EGI holds the rights to. EGI has the potential to become a billion dollar mining company!
Rio Tinto and Ivanhoe Mines both already own approximately 15% and 16% of EGI! "
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Some of our other picks continue to be on fire hitting new highs consistently. Here are just some that have continued to take off this week- GFRE Alert $0.88 New High: $14.20 +1,514%, CAGC Alert: $2.96 New High: $35.67 +1,105%, NEM Alert: $28.79 High: $56.45 +96%, JAG Alert: 2.26 New High: $12.76 +465%, GORO Alert: $2.24 New High: $11.60 +418%, EXK Alert: $1.53 New High: $4.25 +278%, POT Alert: $59.22 New High: $122.63 +107%, CZZ Alert: $2.55 New High: $9.27 +264%
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AGU Alert: $27.11 New High $67.50 + 149%, and MOS Alert: $26.40 New High: $65.95 +150%.
Congrats!
We are on the lookout for some new undiscovered and breakout picks so stay tuned for our alerts over the next week!
