Glen,
Thank you for your response. The Morgan Stanley and education reference was not to establish my superior intellect, but as you point out, that is a fact. I went to Rutgers (middle of the road School), but the proximity to the Manhattan provided adjunct instructors with the exposure to some of the best minds in investing. BTW, my dissertation was derivatives on valuation, quantitative in nature and professionally has nothing to with investing in the market in individual stocks. Now that we both agree on my superior intellect, settle down and learn. It’s free too.
What I was trying to point out in my earlier note (which you missed as expected), was that I don’t belong to that one bit club of below par beings, you are trying to establish your expertise with.
Got to go to work and will make it short.
China experts need to have been to China and need a team of analysts on the ground to constantly follow any firm. It is obvious, you consider neither prerequisites before dishing out your recommendations. The Chinese are heady with free markets and disposed to inside deals and lining their own pockets. The below par beings do act on your recommendations. One of them did lose a fair bit and asked to me look into CYXN. Reverse merger and reverse splits firm – stay away from.
So be careful with your recommendations and provide full disclosure of the nature/basis of your analysis. State if you have been to China to meet the management, do channel checks and on-going analysis/channel checks or is the basis of your recommendation SEC filings.
As for CYXN, I can see, you know your tables of 12. That is a good start. CYXN for 2011 and 2012 (eps of $2/share and $3/share), even taking into account the insider dilutions. CYXN will uplist before the end of 2010 and the store expansions will turn in positive cash flow (rolling 6 months out). Their current expansion is largely driven by cash flow from Con Ops. 20% growth rate would make it a $40 stock (2011). With the China discount (reverse merger/reverse split/inside deals), it is probably a $10 stock by end of 2011 and 20 by 2012.
The potential for your blog to harm unsuspecting below par beings should not be underestimated. Take it for what it is worth.
Later,
Anil
On Fri, Aug 20, 2010 at 9:14 PM, Glen Bradford
> Anil,
>
> Occasionally I run into someone who is clearly superior to me in intellect.
> I think that this may be the case in this particular situation. I’m
> not particularly certain whether your reference to my education as two
> bit is positive or negative — mostly because I don’t know where the
> average school is — and if the average school is one bit, that puts
> me at quite an advantage.
>
> I agree that it is unlikely that I would be able to pass your 2 hour
> Morgan Stanley as I am confident that I would be incredibly unfamiliar
> with the various topics that would be required to know if my intent
> was to pass it. I unfortunately am not good enough to work for Morgan
> Stanley. I do not have a Ph.D and as you may have noticed — I was
> not in any of the financial electives that my MBA school offered me.
>
> It is true that I am an ignorant fool. As such, maybe you will have
> mercy on my soul and enlighten me on this particular occasion. In the
> past, CYXN has issued shares at an incredible discount to their
> current market valuation and I was curious if you could give me an
> idea of what their Earnings Per Share are set to look like for 2010, 2011, and 2012.
>
> My old EPS estimate was $1.80/Share. It was $0.15 before the 1-12 reverse split.
>
> Thanks for your patience, as I rarely get the opportunity to interface
> with a financial superior.
>
> Glen
>
> —–Original Message—–
> From: Anil Vijayan [mailto:vijayan.anil@gmail.com]
> Sent: Friday, August 20, 2010 8:07 PM
> To: Glen Bradford
> Subject: Re: Updates on CYXN
>
> Glen,
>
> A response after a quick scan of a news story does not fool me. You
> knew nothing of this company when you recommended it or since. Your
> MBA (from a two bit school) and blog to pose as an expert (China) does
> not fool me one bit. If anybody takes your picks, they deserve to
> lose. I follow 15 other ignorant fools who blog to pose as experts.
>
> When in NY, come and take the analyst’s 2 hour exam we give our
> analyst’s trainees before they start. The exam after the two year
> training, you will not even know, what hit you.
>
> I work for Morgan Stanley and have a Ph.D in Finance and have seen
> plenty of hustlers like you.
>
> I happen to think CYXN is extremely poised to grow.
>
> Good luck peddling your expertise.
>
> Later,
>
> Anil
>
> On Thu, Aug 19, 2010 at 8:09 PM, Glen Bradford
>
>> CYXN financing terms were absurd.
>>
>> —–Original Message—–
>> From: Anil Vijayan [mailto:vijayan.anil@gmail.com]
>> Sent: Thursday, August 19, 2010 7:24 PM
>> To: Glen Bradford
>> Subject: Re: Updates on CYXN
>>
>> Glen,
>>
>> This was one of your top three value picks with the strategy to not
>> lose capital. The stock is down 60%.
>>
>> What do you call it? What prompted the drop?
>>
>> Thanks, Anil
>>
>> On Thu, Aug 19, 2010 at 7:02 AM, Glen Bradford
>>
>>> http://seekingalpha.com/author/glen-bradford/articles/symbol/cyxn.ob
>>>
>>> http://www.youtube.com/watch?v=BovthPByLTo
>>>
>>> I honestly haven’t followed CYXN.ob for a long while. Also, if you
>>> can
> —
>>> please refrain from accusing me of pumping in the future.
>>>
>>> Thanks,
>>>
>>> Glen
>>>
>>> —–Original Message—–
>>> From: Anil Vijayan [mailto:vijayan.anil@gmail.com]
>>> Sent: Wednesday, August 18, 2010 8:11 PM
>>> To: gb
>>> Subject: Updates on CYXN
>>>
>>> Glen,
>>>
>>> You were pumping this stock for a while. 60% haircut since.
>>>
>>> Thanks,
>>>
>>> Anil
>>>
>>>
>>
>>
>
>