-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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posted
Don't see it happening .0003 to many people bought in at .0002 and arent go to sell for such a little profit after waiting so long for news. Do the math 50 million in contracts divided by 9 billion shares = .005
Posts: 181 | From: Quebec | Registered: Aug 2005
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posted
From your thoughts to my pockets my friend....I would love to see it, but I am doubting it.
Still, in all, in at 2, out at 3 is a 50% profit...
$50 MM contracts? Not in a realm of possibility for this company, not in a million years...
$5 MM is more likely...
They are not a proven commodity in the disaster recovery business. I doubt they could cover a $50MM bond if they got that much in contracts. 10% to cover, if they have that much.
$500K to cover $5MM, I would imagine they could do that blindfolded.
The Feds are some dumb, not plumb dumb. Proven entities will get the bulk of this. Not that $50MM is anywhere near the bulk.
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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posted
I'm in at 3 (from a while back, taking the split into account, etc.)..... and at this point, getting out at three is tough enough (I've been trying, with a limited order being out there for many days, for only a slice of my holdings, but no nibbles) ..... and selling at 4 would mean a nice little profit (I'd be thrilled) .... selling at 5 will ONLY happen with some really fat contracts, for which we have no guarantee, just a wild-card bet (a bet made safer by the hurricanes and FEMA, but not a sure-thing by any means).....
So I'm voting for 5 as my target, but let's face it: Most people are going to bolt at 3, and some will hold out for 4. And then everyone will wait for a dip and rumours of possible contract news, and then get back in for the actual run (a run that will be jump started by either rumours or real news, but will only last on facts)....
The fact that a lot of people have been able to buy in at 2 (and a couple of people are averaged below 2, maybe close to 1) actually makes the situation worse, because, as Big Green says, selling at 3 will actually mean a 50% profit. That's a damn good profit. People will take it. And if a lot of people take it, then we'll end up falling back to 2 before we pass 4. Maybe we'll see 4 for a few hours, but not everyone will get a sale at that price (IMHO). Then we drop back to 2, and then everyone starts buying back in and we get a bounce (maybe)....
BIG contracts will change everything ... but without a big contract, even seeing 3 or 4 will be a grand day at the races.
posted
I think the stock has potential as it came down from .39 just a few months ago on no news. The stock smacked down to .0001 and then spiked to .0009 in one day. Following the forward split, techinically there should be less shares of the stock and the potential for it to go from .0001 to .0009 again should prove possible if they do land a FEMA contract!
Posts: 1254 | Registered: Aug 2005
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I agree ---- why anyone would want to sell at .0003 when this will go much higher than that just on the MOMO -IMHO-- You guys dont think that a few 500 MIL or more volume days wont spike this ??? It did a few weeks ago !
Well its been ramping up from 7 MIl to 40 Mil this week
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
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posted
A couple of points here, and this is MY opinion only. You all know I am still very much a newbie in this...
Rules - first of all it was a forward split, which means MORE shares, a reverse would mean less, so how can more shares mean greater potential for a pps spike? I'm betting they will get more than 1 FEMA contract, but nowhere near the $50MM that Polar is seeing.
CWFG is NOT a construction company - they are a finance company, who specializes in short term ( 1 year) mortgage loans. ( I spent a lot of years in the mortgage business, and I've never heard of a finance company that specializes in short term mortgages getting into something like this, but then again I never heard of Mr. Guthrie before either.)
Fairly - Brother, I would absolutely LOVE to see 500 MM share days again. It was a wild ride to the split!!!
I have to be honest here, I would like to see 5 or better, but 3 is 50% for me...I've had a sell for 3 in twice, and cancelled both times. Why - I don't know, maybe greed, and that's not a good thing with this stock. If I hold out for 4 or 5, I may be holding for a very long time, and risk losing it all at 1, which would truly bite.
I'm not sure what to do yet, and like the rest of you on this thread, I would like to see / hear some news. Guthrie has not returned my calls, and I'm not holding my breath for him to do so.
Have we been snookered here? - I hope not, but only time will tell. Hopefully, Monday will bring something we can sink our teeth into, and give us hope for a GREEN day with this!!
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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posted
Yep, more shares in the market which is the opposite of what I said earlier. Still, trim that .0009 in half and you still get a decent .0004 - .0005 run on a Fema contract.
Posts: 1254 | Registered: Aug 2005
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posted
DQ - in at 5? Your PPS should have gone down after your shares from the split..... Unless you go in higher before the split...
Double check your PPS....Hope it's lower man!!
Good Luck to ALL in CWFG
Tomorrow may bring news, I hope!!
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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Getting a significant run on this one is going to take a while, in my opinion. There are an aweful lot of shareholders out there that, for all practical purposes, just want their money back on this one. People have limit orders in, just like Big Green did, to get out and make a little money, and if we see sells at 3, I think these limit sells will bounce the price around between 4 and 2.
Just my opinion of course, and I can't blame anyone for wanting to get out at 3 with a 50% profit. I the grand scheme of things, holding this stuff for this long has cost me a lot of money in oportunity costs.
posted
hey USF -- i think slip asked you a question on the other thread -- wheres your DD ??? -- man I am a FIRM believer in CWFG and have always been --- i am one of two on the poll that said OVER .002 So....... I would love to hear what makes you think this will be $1.00
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
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posted
I think personally with news and MOMO with promise of more pr's and contracts will at leats get this to .002 --- i dont know what the L2's look like
Can someone post te L2's ???
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
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posted
I saw that as well on the other board about shares hitting 1.00 eom. Wondering what gives, because if its reasonable a 200 dollar invest would flip me a clean 600,000.00. My ameritrade shows its at .0003 last trade so I believe with those numbers that would be correct. Any DD available for the point?
-------------------- jesus mickey you've got liberia's deficit in your front pocket, and your cryin over 500 quid? Posts: 244 | From: des moines, iowa | Registered: Feb 2005
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posted
Anyone who thinks this will hit $1.00 pps is one of 2 things (IMO), either converting to a foreign currency, or if they think its US $1.00, smoking something and NOT sharing with anyone else.
This thing has NEVER gone over .40, and that was LONG before the F/S.
Now, with that in mind, I wouldn't mind seeing $1.5MM for my shares.....
Tell you what, USF, I'll gladly sell you my 1.5MM for .40pps, and you can keep the rest when it hits $1.00pps
We can finalize the deal whenever you're ready to put your money where your mouth is....ROFL!!!!
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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quote:Originally posted by Big Green 1: DQ - in at 5? Your PPS should have gone down after your shares from the split..... Unless you go in higher before the split...
Double check your PPS....Hope it's lower man!!
Good Luck to ALL in CWFG
Tomorrow may bring news, I hope!!
whats PPS?
-------------------- gotta make a grand AT LEAST daily man Posts: 928 | From: chicago | Registered: Sep 2005
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posted
PPS: Private Personal StockPrice...LOL Really: Price Per Share
quote:Originally posted by johnny14511:
quote:Originally posted by Big Green 1: DQ - in at 5? Your PPS should have gone down after your shares from the split..... Unless you go in higher before the split...
Double check your PPS....Hope it's lower man!!
Good Luck to ALL in CWFG
Tomorrow may bring news, I hope!!
whats PPS?
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
I usually ask my doctor first LOL But seriously, the PPS is the price per share, whether current, past or what you paid for it.....you know, what it costs to purchase each share....???
quote:Originally posted by johnny14511: hey marty how do you check your pps on your stock
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
guess what peeps -- all the people that are saying this will not go higher than .0005 are RIGHT if thats all you want
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
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posted
IF (a BIG IF) a few million dollars of FEMA contracts fall into place, you could see this one reach 10 cents a share. Remember, the price the stock is driven to has little to do with the actual worth and a lot to do with the fever of the moment. We'll make some money on Monday morning.
Posts: 31 | From: California | Registered: Sep 2005
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quote:Originally posted by johnny14511: ... how do you check your pps on your stock
I know that Ameritrade got confused with my account after the FS (forward split) .... it kept my PPS at the price I'd bought CWFG pre-split, so it made it look like I was down a lot more $$ on this stock than I actually was. So I had to manually reset the PPS.
To correct a problem like this (or just to quickly find out your PPS on any stock without looking through your trade history or trying to average together your various buys of the same stock at different prices), what you do is, you look at the actual cost (how much you paid in total), and then divide that by the number of shares you now own. That gives you the PPS (price per share).
Example: You paid $10 for 5 shares of a stock. $10/5 = $2. So your PPS is $2.
The standard PPS that a service like Ameritrade gives you does not include the commision fees you paid, so you also have to keep those in mind when calculating your personal losses and gains, of course. The PPS for CWFG is currently waivering between .0001-.0003, although buying at 1 and selling at 3 are nigh impossible at the moment.
I hope I explained all that right.
Anyway, here's hoping we can reach .0004 or .0005 this week, with or without contracts. Or at least get some sells on Monday at .0003 ... Just a fluffy PR or a rumour could serve us fine for that!Posts: 249 | From: NYC | Registered: Sep 2005
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posted
Commonwealth American Financial Group Announces Additional Fast Track Bidding Monday October 17, 9:03 am ET
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Oct. 17, 2005--Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG - News) announced today that its wholly owned subsidiary, Hawkesbury River Funding of Texas, has commenced bidding on additional projects worth several million dollars in the Louisiana region. ADVERTISEMENT
The Contracts involve Earthworks, Levee reconstruction, Road and Drainage Construction, and Street overlay work. Hawkesbury River will handle all bidding at its Dallas, Texas office. The company is preparing on a fast track basis several bids that are due in the next few weeks. Hawkesbury River has also requested local and regional firms to contact its Dallas office and provide relevant contract experience and corporate resumes that will be used in the bidding/construction process for these projects.
The company will participate on these projects in various capacities either as the General Contractor, Interim Lender or Joint Venture Partners. The company is continuing to build its team of experts to expedite the bidding process and enhance its rate of success.
Mr. Guthrie, President, said: "We are receiving and reviewing contract documents on a fast track basis and forming relationships with local and regional contractors that are able and willing to undertake the reconstruction work that is awarded to the company. We expect within the next several weeks a significant amount of bids will be awarded and we are taking the necessary measures to be fully prepared."
The mission of Commonwealth American Financial Group, Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine-financing opportunities. The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana.
The Company has established a website http://www.cwmf.net and trades under the symbol (Pink Sheets:CWFG - News).
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
T. PETERSBURG, Fla., Oct 17, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) announced today that its wholly owned subsidiary, Hawkesbury River Funding of Texas, has commenced bidding on additional projects worth several million dollars in the Louisiana region.
The Contracts involve Earthworks, Levee reconstruction, Road and Drainage Construction, and Street overlay work. Hawkesbury River will handle all bidding at its Dallas, Texas office. The company is preparing on a fast track basis several bids that are due in the next few weeks. Hawkesbury River has also requested local and regional firms to contact its Dallas office and provide relevant contract experience and corporate resumes that will be used in the bidding/construction process for these projects.
The company will participate on these projects in various capacities either as the General Contractor, Interim Lender or Joint Venture Partners. The company is continuing to build its team of experts to expedite the bidding process and enhance its rate of success.
Mr. Guthrie, President, said: "We are receiving and reviewing contract documents on a fast track basis and forming relationships with local and regional contractors that are able and willing to undertake the reconstruction work that is awarded to the company. We expect within the next several weeks a significant amount of bids will be awarded and we are taking the necessary measures to be fully prepared."
The mission of Commonwealth American Financial Group, Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine-financing opportunities. The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana.
The Company has established a website http://www.cwmf.net and trades under the symbol (Pink Sheets:CWFG).
Posts: 1086 | Registered: Oct 2005
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posted
decent PR -- at least they gave what they were looking to so for work Ditto on the L2's please someone post
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
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posted
Get the contract and sub the work, with FEMA paying the bills everybody makes a ton of money.Lay $20 on the come!! Rollem boys and girls good times acommin!
-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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