[ September 20, 2005, 12:30: Message edited by: rickpic ]
Posted by rickpic on :
Authorized Shares: 200,000,000 Source: Form 211 ( 06/23/2005 )
Outstanding Shares: 20,413,500 Source: Form 211 ( 06/23/2005 )
20m held by CEO!
Posted by rickpic on :
LoftWerks, Inc. CEO Vows to Conquer Anemic Market; Initiates Cost Analysis on $20M Private Funding; Issues New Mandate for Meticulous Audits and Shareholder Dividends 9/12/2005 9:08:41 AM NASHVILLE, TN, Sep 12, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) CEO Dennis Ammerman announced today that anyone planning to flout LFWK stock in a "shorting position" would do so while bearing the full brunt of every available avenue of sound business development that will render them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman. "They've made a mistake this time, one that will cost them a great deal, and open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value."
Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates."
Ammerman issued the scathing remarks and stringent plans for reparations after witnessing for two weeks the deservedly remarkable volume of LFWK clash sideways with the programmed trades and unabashed profiting of unscrupulous small-cap opportunists.
"We're revolutionizing the inner city; we may as well revamp the way it does business," Ammerman concluded.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Andrew DeVries, III 210-389-2615
Posted by rickpic on :
LoftWerks, Inc. Announces JV With Consultech Construction Management, Inc.: $12M/3-yr. Consulting Services Agreement With Revenue Incentives 8/17/2005 7:58:05 AM NASHVILLE, TN, Aug 17, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announced a Joint Venture Agreement with Consultech Construction Management, Inc. that mandates a three-year term for design, planning, and consulting services in two target markets: one in Canada, the other in Europe (Germany). The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production. The Agreement was finalized yesterday evening between LFWK CEO Dennis Ammerman and "CCM-Europe" Director General, Dr. Phil Roth, and will commence with a formal document-signing late next week.
"I cannot begin to utter the honor and gratitude of our organization toward Dr. Roth and all of Consultech," said Ammerman this morning. "Participation, at any level, with CCM is in-and-of-itself such an achievement that many would gladly pay to have but the memory of it."
CCM is one of only seven designated "Master Builders" on the North American Continent and in Europe. Their dealings span every aspect of Building and Development, from on-site services to finance and bond issuances. Their interests are global in scope, and this JV will place LoftWerks (LFWK) in an "international arena" that garners respect and a high profile in the industry.
"We've been intrigued by Dennis's passion and vision for urban renewal for some time now," said Dr. Roth of CCM-Europe. "And the results of his completed projects speak for themselves. When the opportunity arose for CCM to take on the logistics and artisanship of urban multi-housing refurbishing in two markets, we quite naturally called upon the broadest vision with uncompromising attention to detail that we knew. We called the best in Dennis and LoftWerks."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Andrew DeVries, III 210-389-2615
SOURCE: LoftWerks, Inc.
Posted by pick em low on :
I like it..... it's ready to go back to 30 cents plus on some good volume
LoftWerks, Inc. CEO Airs Vision on TV: Utilizes Forum to Identify "Bigger Picture" of Urban Renewal... Ancillary Opportunities 8/15/2005 9:45:46 AM NASHVILLE, TN, Aug 15, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) CEO Dennis Ammerman appeared on "Nashville Business-This Week" to discuss company developments, and to showcase his business plan which presents a comprehensive approach to urban revitalization. The program, which was taped on August 12 and co-hosted by Holly Dollof and Geert de Lombaerde, aired five (5) times over the past weekend on Nashville station WTVF.
The show, which also included a segment with Nashville furnishings expert Jennifer Kocak, focused on the cutting edge of urban living in terms of individuality, design, and lifestyle in America's metropolitan areas. "I'm grateful for the opportunity to get the word out about LoftWerks (LFWK) and our emergence here in Nashville," said Ammerman. "We are integrating a previously disparate array of projects, services and products into the leading movement in metropolitan markets in this country. This includes anything from our physical restoration services to an on-line and catalog merchandising campaign created specifically for the urban/loft market, and even the future production and broadcast of a cable TV series which will highlight and promote the benefits of living in dynamic inner-city locales."
On the program, Ammerman discussed the founding of LoftWerks, its recent IPO, and his ideas concerning the development of a new, on-line and catalog-sales campaign that will offer the "essentials" to his burgeoning market of urbanites, including a furniture line, house wares, and other "survival-gear necessities" for the urban dweller. "I always appreciate the opportunity to convey our vision. Media is vital. Everyone willing to listen must have a chance to hear loud and clear. There is a whole lot more to this company than bricks and mortar... it's about all the things that make us the right thing at the right time."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
IPO on June 28, 2005 at .25. This went up to .40 and has continually fallen all the way down to .004. The RSI is about 15 and moving up.
Posted by Ric on :
As of June 23th, 2005: Authorized: 200,000,000 Outstanding: 20,413,500 Freely trade: 392,000 Number of shareholders: 27
Posted by rickpic on :
LoftWerks, Inc. (LFWK) Announces IPO: Finalizes $3.5M Financing to Complete $40M Urban Residential Restoration Project 6/30/2005 7:45:34 AM NASHVILLE, TN, Jun 30, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announces its presence in the public marketplace concurrent with the launch of its latest real estate venture; a complete transformation of an inner-city icon located in Nashville, TN., The Ambrose Building, into a Luxury High-Rise residential community worth an estimated $40M at completion.
Dennis Ammerman, Founder and CEO of Loftwerks, Inc., made the announcement while overseeing the project, which is well underway. The Ambrose Building is a century-old, Nashville Landmark that personifies the core operational paradigm of the company, namely the restoration of existing historical structures Into elegant, high-end residences imbued with the culture and local character of their urban surroundings.
Loftwerks has previously converted six older buildings in Detroit into highly desirable living spaces and will spend approximately $4.7 million to replicate its successful renovation model on "Ambrose," located at 162 Fourth Ave. N., in the heart of downtown Nashville.
"We're excited to enter the public arena as a means to raise awareness about our projects and Increase Loftwerks capitalization options. The ever increasing and 'affluently-stable' market for URBAN LOFTS is so compelling, we simply couldn't refuse the benefits of a public market vehicle, and the sometimes trying process now appears to be worth the effort," said Ammerman.
The Ambrose building will offer a mix of what lofts are all about, including exposed brick walls and large, exposed wooden beams. In addition, there will be roof decks, balconies and an atrium in the rear of the building.
Ammerman and Charles Loveman, a former Los Angeles City Planner, will spearhead the project with Nashville building owners Ambrose Associates. The project has garnered the attention and assistance of noted architect Eric Powers of the Franklin-based Innovations Group. He will design the building aided by resident Nashville architect Rob Cochran, a respected local consultant. Cochran has worked on a number of renovations and restorations and states that the building was constructed between 1890 and 1910. "The challenge," Cochran said, "is taking a building over 100 years old and turning it into something appealing and functional to the level of efficiency demanded by 21st-century usage while, simultaneously, preserving the historic integrity and cultural influences of the building's origin."
Ammerman has planned a 1,600-square-foot sales and marketing office for LoftWerks, Inc. to anchor the first floor while the top floors of the four-story structure will be converted into thirty-plus condominiums ranging in size from 700 to 1,400 square feet. Consumer pricing for the units is estimated at $130,000 to $275,000.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise Its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Andrew DeVries, III 210-389-2615
Posted by Ric on :
To me this says they issued all the shares they planned to for the rest of the year. So it looks like the 6/7/2005 numbers should be the same.
From 15c211
Funding The Company believes that debt financing will be adequate to fund the Company's operations over the next twelve months. Thereafter, the Company may need to raise additional capital to meet long-term operating requirements. If the Company raises additional funds through the issuance of securities other than to current shareholders, the percentage ownership of its current shareholders would be reduced.
Posted by rickpic on :
LoftWerks, Inc. CEO Ammerman Moves Forward on HGTV-Targeted Series: "Loft-Wise" to Shoot Second Pilot 8/22/2005 6:41:30 AM Advertising Revenues Approach $1-3M According to Early Estimates
NASHVILLE, TN, Aug 22, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) CEO Dennis Ammerman announced today that he will move ahead with his plans to bring the vision of LoftWerks, Inc. to the broader market of America's television viewers. "Loft-Wise" will begin the production on a second pilot program that will garner slots on networks like HGTV, Discovery, and other cable specialty programs. The show will feature everything from the "before, during, and after" phases of Loft Construction ("Loftable Spaces") to "Urban Issues," to "Lofty Living" ...an ongoing portrait of unique and famous lofts and their often unique and famous owners. Full production leading up to airtime is slated for completion this Spring.
"Things are moving along so well with recent publicity, that all of us feel that the show is simply a continuance of that positive momentum," said Ammerman. "That idea of a natural progression to a larger audience is so very appealing as an owner. The Show becomes less a chore and more like an open microphone to strengthen our position as the leading authority on Urban Living.
Advertising will play a key role in the upcoming success of "Loft-Wise," primarily his own ads, which will feature key spin-offs that Ammerman has a headstart in developing, such as a furniture line that is designed for lofts and the often taller spaces they occupy. Other manufacturers and urban-service businesses will vie for the remaining ad-spaces on the show. Look for Ammerman to showcase his online and catalog merchandise sales as well. "When I said $150 million in 2006 I meant it," Ammerman touted. "I can't even begin to slow down the process of conceiving ancillary opportunities as we roll out this red carpet back to the inner city. We are so fortunate to be where we are. We will not waste a single opportunity ...not TV...not Print, not the nearest soapbox!"
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Andrew DeVries, III 210-389-2615
Posted by pick em low on :
No wonder there's a big spread.... there's hardly any shares out there it seems..... go go go go
Posted by rickpic on :
LFWK Appoints Malone and Loveman to Board of Directors; Offer Vast Experience in Urban Renewal and a Network of Capitalization Sources 8/24/2005 6:30:34 AM NASHVILLE, TN, Aug 24, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) announces the appointment of Charles Loveman and Merrick Malone, veterans of the urban revitalization movement, to LFWK's Board of Directors, a combination that will bring over forty years of urban renewal and capitalization experience to the LoftWerks team.
Charles Loveman is a former Senior City Planner for downtown Los Angeles during the renovation and redevelopment of the Hollywood Equitable Building (120,000 sq. ft.), the Old Bank District loft housing project (400,000 sq. ft.), and the Rowan Lofts (280,000 sq. ft.). Currently, Loveman serves as Executive Director for Heritage Housing Partners, which recently secured $14 million New Market Tax Credits for the country's first market rate housing project, The Roosevelt Building redevelopment project. Independent analysts involved with the Roosevelt project conservatively estimate its value at over $100 Million Dollars, in terms of property value, and surrounding community economic benefit. The Roosevelt Project is an example of Loveman's strategy for the procurement of highly specialized tax credits for companies that spur economic development in the communities in which they operate.
Merrick Malone, of Washington, D.C., served simultaneously as Deputy Mayor for Economic Development and Director of Housing and Community Development from 1992 to 1996. He spearheaded the management team that constructed The MCI Sports Arena. He serves as executive advisor for BET Television Corporate Offices and Studios, and has actively led the redevelopment and rehabilitation efforts of 4,500 housing units to homeownership in the D.C. area. Mr. Malone is currently a Principal at Metropolis Development Company based in D.C., which focuses on new and existing solutions for urban mixed use residential and retail projects. Metropolis currently has 5 condominium projects in various stages of development in the D.C. Area and abroad.
"We are thrilled to have men of such stature join our Board of Directors," said LoftWerks, Inc. CEO Dennis Ammerman. "The vision and experience Charles and Merrick bring to our team will be invaluable in implementing urban renewal projects across the country. Their track records in dealing with governmental entities, and their vast network of contacts in the area of venture capital acquisition and third-party lending should propel us forward in our effort to bring our business plan to fruition. We are fortunate to have them on board."
Both Loveman and Malone expressed their excitement in joining in LoftWerks' unique approach to its various efforts at urban revitalization and renewal. Their appointment to the LoftWerks, Inc. Board of Directors takes effect immediately.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
EPS: N/A P/E Ratio: N/A
Posted by pick em low on :
quote:Originally posted by Chadsly: IPO on June 28, 2005 at .25. This went up to .40 and has continually fallen all the way down to .004. The RSI is about 15 and moving up.
Exactly.... fell for no reason on tiny amount of shares..... I'm buying big time at any price.... well under 2 cents at least
Posted by Chadsly on :
Market Cap 120k? LOL And they have a 12 Million Dollar Contract. This is incredibly oversold.
Posted by pick em low on :
but I gotta move funds in first.... damn....
Posted by xyz on :
As of June 23th, 2005: Authorized: 200,000,000 Outstanding: 20,413,500 Freely trade: 392,000 Number of shareholders: 27
Posted by rickpic on :
I personaly own twice the float! Posted by kywee on :
nice bid is up again. ive been in and ill wait
Posted by rickpic on :
Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates." Posted by Chadsly on :
Smart guy, eh?
Posted by rickpic on :
today alone its 2x the record volume since it IPO 2 months ago!
Posted by kywee on :
lots of mirror trades too
Posted by pick em low on :
No wonder there's a big spread.... there's hardly any shares out there it seems..... go go go go
Read Ric's PDF file.....
Posted by Chadsly on :
quote:Originally posted by rickpic: Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates."
What exactly is LFWK doing with the $20M? Are they paying someone for the audit? That's my understanding.
Posted by Ric on :
I also like the fact they said they are done with debt financing for at least 12 months. So there looks to be no dilution for at least a year.
Posted by rickpic on :
not hard to like the fact that the BID is now at .007 MMs are feeling the presure!
Posted by rickpic on :
wait till the word gets out on this stock! Theres still no thread on HSM,IHUB,or RB we are at the bottom on this play!
Posted by Chadsly on :
Volume is really going. I like that the CEO is combatting any *funny business* up front. There no need for dilution. Contracts are already here. There was need for the price to be down here in the first place. I think we've got a steal.
Posted by TraderTom on :
Thanks for the great DD, Rick!
I've been watching it for a few days - interestingly, the ask actually came down to 0.008 (was 0.0009 for several days), despite the buying pressure ...
Posted by rickpic on :
Your welcome Tom! Thanks for bringing the stock to my attention! Its been wild all day on this play! Its now 8x its average volume!
Posted by rickpic on :
Bid just went back to .007! Posted by rickpic on :
5.131m volume NICE!
Posted by rickpic on :
volume is flying on this puppy! 5.765m
Posted by Chadsly on :
People keep getting cheap shares. I may have been the last one to get in at .009.
Posted by rickpic on :
I would assume that this stock has moved from non existant on the Top 100 trading issues list to quite a ways up the list today! This is the first day in the life of this play!
Posted by pick em low on :
get it past 1c
Posted by Chadsly on :
quote:Originally posted by pick em low: get it past 1c
That will a beatiful impression on the market. Let's get it going.
Posted by pick em low on :
i got in at .009 too
Posted by rickpic on :
ever single trade is a mirror trade now!
Posted by cyclekitty1 on :
so if we all ask for certicates what happens then? I have 350k and it sounds like just the people on this board have about 50 x's the float.
Posted by buckstalker on :
Good question...I have over half of the float myself...
Posted by rickpic on :
at 7.5m share the volume will be = to half of all the volume traded on this stock since its IPO 2 months ago!
Posted by OnceApenny on :
got in 0.0075. Now pps 0.005. Who's play'in.
Posted by rickpic on :
anyone see any other threads running on this stock on any other boards yet?
Posted by Chadsly on :
That's why you can understand the CEO's ticked off that his %97 of the company is seemingly more like %50 of the company.
Posted by 100prcent on :
hehe i figured I'd throw a few hundred into this at .006
Posted by rickpic on :
quote:Originally posted by rickpic: Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates."
I highlighted this post for a reason! Dividend and attitude! Posted by pick em low on :
quote:Originally posted by rickpic: ever single trade is a mirror trade now!
and that means what again?
Let's all ask for physical certificates!
Posted by G_Ho on :
got some at .0065
Thanks for sharing Posted by rickpic on :
pick em that means that for every buy there is a sell of the same amount of shares reflected on the time and sales! Most of which has been used to make the stock look weaker today!
Posted by pick em low on :
I doubt any CEO can do much about short selling... but at least he'll try!! maybe he can root them out....
Posted by G_Ho on :
So really, is there 7.6 mil in volume, or is half of that mirror and the other half real volume.
Let's hurt these MMs!
Posted by rickpic on :
G-Ho thats a good question! The volume is what it says, but you are correct! Aproximately half is buys and half is sells! When there are mirror trades it means they are filling incoming buy orders with existing sell orders. I would say they shorted a conciderable amount of the trades today! That means that there were no shares at all to cover what they sold and they will need to go find them to cover, if they choose to cover that is! Sounds to me like the CEO is getting ready to slap a dividend on the table to throw a curveball at them!
Posted by OnceApenny on :
He will need a lot of divvy's to hurt the MM's.
Posted by rickpic on :
you can't hurt an MM! All they do is electronicly fill trades that come through them wile taking a commision off of each and every trade!
Posted by TraderTom on :
Let's do some quick math. I'll use the entire OS (=20 million), to be as conservative as possible.
So 2 million valuation seems cheap, and 10 million seems reasonable. And note that the valuation at the IPO (at 0.25 PPS) was about 5 million.
Posted by pick em low on :
28,500 shares went by at the exact same time at .007 and .006 so what happened? someone sold at .007 and bought at .006? Where's the difference? How does shorting figure into it? MM's short sold to the guy buying at .006 and used the $$$+ more to buy from the guy selling at .007 to fill his order? then they lose...
Posted by TraderTom on :
Rick:
If the company declared a 1 cent divident tomorrow, and the MMs are short 5 million shares, wouldn't they be obligated to cover the dividend?
==============================
quote:Originally posted by rickpic: you can't hurt an MM! All they do is electronicly fill trades that come through them wile taking a commision off of each and every trade!
Right Tom and you didn't even add this $12m in there!
NASHVILLE, TN, Aug 17, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announced a Joint Venture Agreement with Consultech Construction Management, Inc. that mandates a three-year term for design, planning, and consulting services in two target markets: one in Canada, the other in Europe (Germany). The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production. The Agreement was finalized yesterday evening between LFWK CEO Dennis Ammerman and "CCM-Europe" Director General, Dr. Phil Roth, and will commence with a formal document-signing late next week.
Posted by pick em low on :
crap I saw BLYC moving a bit late yesterday... could have had almost a double today!!
Posted by rickpic on :
quote:Originally posted by TraderTom: Rick:
If the company declared a 1 cent divident tomorrow, and the MMs are short 5 million shares, wouldn't they be obligated to cover the dividend?
==============================
quote:Originally posted by rickpic: you can't hurt an MM! All they do is electronicly fill trades that come through them wile taking a commision off of each and every trade!
absolutly! Any cash dividend would hurt the shorts big time!
Posted by bingo2005 on :
furniture?
Nashville Business Journal Residential lofts have seized Dennis Ammerman's imagination so much he is creating a furniture line specifically for lofts and developing a national TV show highlighting the loft lifestyle.
Ammerman is founder and CEO of LoftWerks Inc., a residential developer that relocated to Nashville about a month ago from Detroit and is converting the Ambrose Building downtown into 21 lofts.
The total investment in the furniture line and "Loft Wise," the TV show, probably could total $2 million. A pilot has been shot for the show, and talks are under way with broadcast networks, he says. He expects the show to launch next spring.
Ammerman says he is developing an edgy furniture line suitable for the taller dimensions of lofts, which which can have 14-foot-high ceilings.
8m shares and it doesn't move float can't be 382k
Posted by rickpic on :
Pick em there could be no float at all and it could still trade this many shares! Its been done and its been proven that its been done!
Posted by Albireo on :
This might sound silly... But if the float really is only 382k, and assuming that common shareholders (like you guys) really own say 5 million shares, are those shares legitimate? In other words, is it possible to allow shareholders to own more shares than are available in the float?
Posted by rickpic on :
it is very possible and its the case in most pink sheets stocks! Thats what naked shorting is all about!
Posted by Akira_Lapin on :
Should we all demand physical paper issues like ckitty said?
Thanks Rickpic. I missed the TV documentary on naked shorting and want to get a better grasp on what it really is and isn't.
Posted by pick em low on :
Let's all ask for hard copy certificates.... I'm willing to lose liquidity to screw the illegal activity!
Posted by rickpic on :
Pick em you really don't lose liquidity other than the time it takes to get phyical possession of the cert. Once you have the cert, walking into any Scottrade office will allow you to turn the cert into tradeable shares in a day!
Posted by cyclekitty1 on :
I like it on Thurs settlement day I'm going to ask for hard copy.
Posted by shomethamoney on :
Make sure to get the official stuff. Anybody familiar with BCIT (I'm sure you are) my father in law bought some and now he does not know if he will be getting any shares or not because of the same thing. People had made issued false certificates which is what the naked shorts are doing basically if I understand it right. Isn't that correct Ricpic?
Posted by pick em low on :
a day is a day... and I use ameritrade....
who exactly can do a naked short? a market maker? a "broker dealer" what is the job title or whatever.... obviously we can't short pink sheets ourselves through a broker.... who are they selling short to? They can't collect any $$ unless they actually sell shares to someone... and if they sold to me lets say, I have the shares in my account, and I can sell them, so how are they not "real".... asking for certs forces them to do what?
Posted by rickpic on :
That was a very rare incident and took some very creating crooked thinking to pull off! The certs you will get of this company would be real! That company was very dormant and thats how they played the fake sale of the company and got the false shares into the market! Somehow I don't see that happening again anytime soon!
Posted by rickpic on :
will this hit 10m volume today! 9m is a very strong possibility thats for sure!
Posted by pick em low on :
great.... .005 again.... now we can all sell our fake shares and help them drive it down more...
sheesh doh!
Posted by rickpic on :
pick em I would think that informing the rest of the stock market community online about the value of the company would work more in your favor!
Posted by pick em low on :
Sorry, I like to play devils advocate.... :-) and I was reminded of how much I hate white collar crime, especially naked shorting....
Yes it is valueable, but the value needs to be unlocked.... so lets buy more!
Posted by Rules on :
Lol what a great day for this stock. Just kidding guys, hope you make bank on this one. I am having flashbacks of BCIT all over again. Luckily, Ameritrade wouldn't let me buy the stock or I would be sitting with BCIT and no money.
Posted by shomethamoney on :
Ricpic I'm sure you are probably right, I'm just saying that if you want to take the sure way then get the certs and have them verified by the company. Isn't that the way it would be done?
2nd note - not trying to play on anybody's misfortune because I have done it several times. Chadsly I had to laugh when I read your message "I must be the last one to get in at .009". That's probably why it went down haha just kidding!
If you look at the line where BCIT went straight down when they were undervalued the line was almost identical as this one when they went down. BCIT claimed that they were way undervalued too. If I had free funds I would have been in at .008 or .009 as well. I think that whoever is in this will be glad they made the move once they get the audits in. I hope the best to you all in this one. If CWMF takes off with the split coming up I will definitely have some funds in here. Talk to you soon!!!
Posted by rickpic on :
What the hell does BCIT have to do with this stock? Please enlighten us as to how you are making this comparison
Posted by shomethamoney on :
All I am saying Ric is to look at where BCIT dropped straight down in price. Later the CEO said that they were way undervalued. If you look at LFWK the drop off is straight down just like BCIT and the CEO in LFWK is saying the same thing and I think that he is telling the truth.
Posted by Rules on :
BCIT had naked shorts. This stock has naked shorts. Thus that is my comparison. Very similar in activity, graphs, and both were easy to move.
Posted by shomethamoney on :
Thanks Rules! exactly the point!!!
Posted by rickpic on :
My problem is the comparison to a stock that was halted or at least that brockers refuse to trade and this company! 1. I don't think its fare. 2. Is the comment, ment to scare those who bought shares today! 3. There are 1000s of shorted stocks that are not halted that you could have compared this one to. 4. Other than "good luck" what good have you had to say on this thread? 5. You said you were not buying it earlier so why are you posting on the subject anyhow?
Now I have $7k in this as of today and I very well have something to protect, so if the negative comments keep coming! So will I!
All the DD that has been done here looks pretty good to me and others. A Google search of the CEO's name reveals some great positive articals about him and his caricter. His web site shows the great finished product the company puts out! The O/S it low and it looks to me like the cash flow is high! Whats to bitch about?
Posted by pick em low on :
ya.... by "move" lets moooove it to the mooooonnn
later....
anyone need a new video card? GeForce4 Ti4400 with extra cooling for sale
Posted by bingo2005 on :
LFWK - pinksheets has a information statement that I just read - worth looking at .
Thanks Bingo, now there is some usefull information!
Posted by shomethamoney on :
Ric - I don't think that LFWK is a bad deal. I think that you are reading me wrong. What happened with BCIT is not in my mind going to happen with these guys. I just made the statement that I thought the CEO's had a good reason to state why the companies were undervalued. I think that is a good thing for the investor. I would have no problem with being in these guys but I am loaded up on CWMF right now and I can't. I was trying to figure out who you guys were talking about in the other thread and then when you started this thread I came in to see what good news came from. I did not mean any ill regard. I just wish I had some of these guys. I'll just keep the comparison out. I hope you have a great ride with these guys. I am not into bashing anybody and that's the truth. There were other guys asking about getting certs and thats the only reason I responded the way I did. So everybody hear me. I LIKE LFWK!!!!
Posted by Rules on :
quote:Originally posted by rickpic: My problem is the comparison to a stock that was halted or at least that brockers refuse to trade and this company! 1. I don't think its fare. 2. Is the comment, ment to scare those who bought shares today! 3. There are 1000s of shorted stocks that are not halted that you could have compared this one to. 4. Other than "good luck" what good have you had to say on this thread? 5. You said you were not buying it earlier so why are you posting on the subject anyhow?
Now I have $7k in this as of today and I very well have something to protect, so if the negative comments keep coming! So will I!
All the DD that has been done here looks pretty good to me and others. A Google search of the CEO's name reveals some great positive articals about him and his caricter. His web site shows the great finished product the company puts out! The O/S it low and it looks to me like the cash flow is high! Whats to bitch about?
I think you are looking to point the finger at someone just because someone has a different view than yours. Bottom line is these threads are for everyone just like the stock is. Everyone including myself has an opinion and last time I checked freedom of speech is still permitted. The only one who is bitching is yourself. BCIT is a fair comparison in my book and if you don't like it then ignore it. There is no scape goat here and suck it up as this was your big mystery play that you wanted. I tried to buy the stock today, it just didn't hit my price so take a chill pill and stop going into spasms over others opinions.
Posted by G_Ho on :
the 392K freely traded was part of a private placement to raise $1 million. It's still open until 05/06 and for accredited investors in TX.
Posted by TraderTom on :
There are essentially 3 possibilities why the PPS didn't jump through the roof:
1. Dilution 2. Naked shorting by MM / hedge fund 3. Selling of restricted shares
In order for us to find out what to do next, we need better information about the share structure. For instance, if the float is very low (smaller than today's volume), we could cause a short squeeze by requesting paper shares delivered; if the float is much higher it may not make sense.
I already sent an e-mail to their TA, requesting the float and outstanding shares for last Friday (Sept. 16) and today (Tuesday Sept.20), but it was after hours and they haven't replied yet. Could someone call them tomorrow morning and ask for the same information:
Transfer Online, Inc.™ 317 SW Alder Street, 2nd Floor Portland, OR 97204
Phone: 503.227.2950
Hours of operation: Monday through Friday 8am to 4:30pm Pacific Time
Tom
Posted by Wallace#1 on :
quote:Originally posted by rickpic: 5.131m volume NICE!
Care to tell me how they get their recent 8+mil volume with a float of only 392,000? Doesn't make sense.
Posted by rickpic on :
Wallace the following sites may bring you up to speed on just how its done!
quote:Originally posted by rickpic: Try these sites for more info on Naked Shorting!
Look folks, if the true float is 392,000 then 8.9 mil in volume today is 22.7 times the true float if my calculations are correct. Something is mighty wrong.
Posted by Ric on :
If you want to compare it to something then Global Crossing is a closer similarity not BCIT.
BCIT was were someone sold false certs on the market. It wasn't really a naked short position. It was were someone tried to take over a company by issuing illegal certs. Now after this was figured out then they needed to figure out who holds real certs and who owns the illegal certs. Thats why they were halted. There really is no comparison unless you can prove that someone is issuing false certificates.
Posted by Wallace#1 on :
I am well aware of how naked shorting works and how it is done. Problem here is it is much, much too far out of line even at the worst examples.
Posted by bill1352 on :
float can't be 392K period. naked shorting is very real & harms every penny trader & company but to think the bad guys would trade 22X's the float is foolish. they are greedy not completely stupid. now maybe if it was 1 mm & 1 trader from that mm & he had a serious crack habit...lol
Posted by Wallace#1 on :
"float can't be 392K period"
bill, that's the only other possibility. Wish I knew exactly what the float is.
Posted by *Magnetic*Microspheres* on :
I'm a little surprised this didn't show up on the Sho list tonight....
Posted by bill1352 on :
there is an open 504D for up to $1 million worth of shares. its active till May 2006. these shares can only be sold to ppl that live in texas which is completely strange. if sold at an average of .10 per share thats 10 million shares. odds are there are a million or so naked shares out right now but you can bet your baby's diapers mm's will not be covering higher then they sold those shares for. also the SHO list will be working off wrong numbers until the new share structure is reported. look back at WNHL before the r/s...it was on SHO but they diluted 1 billion shares into the market. the numbers used for SHO did not include that dilution. SHO only works when the company has current share structure reported & no shares were added. i'll bet $100 some of that $1 million worth of shares is now in the float.
Posted by rickpic on :
I personaly think its a great concept the company has, but we will all have to wait and see what the CEO plans to do about the naked shorting situation. He did just get 20m in private funding, so he could buy back any regD that he was planing on using for capitol. I do think a dividend is coming as well, and if its cash that will be a new twist. Unless the naked shorters plan on selling fake dollar bills as well! Posted by Chadsly on :
Even though I don't think this is an accurate comparison to BCIT, I like the thought of comparing the sharp rise in PPS. If you look at the BCIT chart before they were halted, you'll notice that the PPS went above its initial price of four cents. The comparison of the percentage down and where we are looking to exit is quite similar. Charts are similar, the share structure situation is not.
Posted by rickpic on :
hey guys! The ask is up to .01 this AM!
Posted by Chadsly on :
Looks like the MMs are starting to take notice.
Posted by kywee on :
i think it went to .01 when they left yesterday, it should come back down
Posted by Chadsly on :
quote:Originally posted by kywee: i think it went to .01 when they left yesterday, it should come back down
You mean at the close? What do you mean they left?
Posted by kywee on :
yea at the close
Posted by Chadsly on :
When I looked on pinksheets this morning it said the ask was 7 and now it is .01. That looks like they are moving it up. I don't have pink L2s, so someone can correct me. If someone actually has the L2s, please post them.
Posted by kywee on :
its .009 now. maybe they are moving. i was just saying that because right after close they left and it went up
Posted by rickpic on :
the ask was .007 at the close so even if its at .009 its still shows that there were either panic sells going on or games being played to make it look weak late yesterday!
Posted by kywee on :
it was .007, but when the mm leave the bid/ask change and usually come back in the AM, but maybe it isnt the case here
Posted by rickpic on :
looks like its holding a .009 ask into the open!
Posted by Chadsly on :
This would be the first penny (otc or otcbb) where MMs would adjust for the close. There are no after hour trades, anyway. It doesn't matter whether or not they move.
Sorry to get off topic so much.
Posted by rickpic on :
first buy @.009!
Posted by G_Ho on :
Maybe we should do a share count and see where we collectively stand?
I have 59,000 now, but will buy more when funds are available.
Posted by Chadsly on :
I have 184500.
Tons of buys coming in now.
Posted by rickpic on :
709000 here
Posted by JOELGA on :
50,000 for me
Posted by texvet4 on :
<----37,500
Posted by rickpic on :
The total number of shares traded since this companies IPO is 22,932,800 bringing in from .25 to .40 and down to where it is now! All in 2 months!
Posted by rickpic on :
that puts me alone with 3.1% of all the shares ever traded in the open market!
Posted by rickpic on :
Remember something else, and that is that this 22m volume does not take any concideration for those who may have bought and sold. That reduces the number of actual shares trading conciderably!
quote:Originally posted by rickpic: The total number of shares traded since this companies IPO is 22,932,800 bringing in from .25 to .40 and down to where it is now! All in 2 months!
Posted by Albireo on :
This is undoubtedly the strangest penny activity that I've ever seen. Even putting aside the share structure (which remains unknown until someone gets ahold of the T/A, hopefully ASAP), this penny stock seems to be on a random number scheme between .005 and .009 the past few days, in spite of the tremendous surge in volume. Regardless of what happens to this stock, it should be one that gets put in the "history book of strange stock activity."
Posted by G_Ho on :
rick, I know trader tom has contacted the T/A. But since we haven't heard from him yet, have you contacted them?
GHo
Posted by rickpic on :
lets look at the $$ numbers
The Ambrose Building, into a Luxury High-Rise residential community worth an estimated $40M at completion. (projected cost $4.7m)
Joint Venture Agreement with Consultech Construction Management, Inc. (The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production.)
LoftWerks, Inc. CEO Ammerman Moves Forward on HGTV-Targeted Series: "Loft-Wise" to Shoot Second Pilot (Advertising Revenues Approach $1-3M According to Early Estimates
a Private Placement Funding Agreement for $20M
"When I said $150 million in 2006 I meant it," Ammerman touted. " Posted by rickpic on :
I'll wait for Tom's report!
I do however have a couple of calls into the company itself though and am waiting for a call back!
Posted by rickpic on :
Based on the numbers I posted above! If LFWK wants to fill a $1m reg D I would say there is more than enough revenue in the company to cover it!
What I didn't add into those numbers is the fact that LoftWerks owns the managment company for all of the loft condo projects they have done. This means that there are revenues coming in each and every month for condo fees, from every condo they sell!
Posted by Chadsly on :
$106 sounds a lot closer to what I was expecting than these 2 - 10 Million dollar figures people were estimating. I just hope (and I don't expect otherwise) the company does not dilute any shares. that would make my shares worth dollars apiece. $106/20 =~ $5
Posted by G_Ho on :
OK. I called the T/A.
He told me that they're not authorized to give that information out (and actually said their policy is to not give the info out.)
Anyway, he gave me 210-389-2615 as a number for the company. He said they'll give those numbers out.
Late for a 10AM meeting. Will check back.
Posted by Albireo on :
Finally at 1 million volume... Anyone call 210-389-2615 yet to get the current share structure #'s?
Posted by Albireo on :
Anyone still alive in this thread? Do you all live in Key West or something? LOL! Posted by rickpic on :
current assets $4,523,306 current liabilities $1,071,471 total equity $3,451,835
Posted by kanalgeruch on :
still hoping someone finds out the o/s before buying more than my miserly 50k...
Posted by Akira_Lapin on :
financials as of 6/8/05
current assets $4,523,306 current liabilities $1,071,471 total equity $3,451,835
Alright, this puts the pps w/o factoring in anything since June at .17.
Then you add the guaranteed revenue + projections below:
The Ambrose Building, into a Luxury High-Rise residential community worth an estimated $40M at completion. (projected cost $4.7m)
Joint Venture Agreement with Consultech Construction Management, Inc. (The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production.)
LoftWerks, Inc. CEO Ammerman Moves Forward on HGTV-Targeted Series: "Loft-Wise" to Shoot Second Pilot (Advertising Revenues Approach $1-3M According to Early Estimates
a Private Placement Funding Agreement for $20M
"When I said $150 million in 2006 I meant it," Ammerman touted.
We're talking a plan of attack, assuming no shares added at $7.50/share!
So, what is going on now? Still no word from the company? Something here is fishy, and someone is about to get busted big time.
Posted by G_Ho on :
financials look nice, especially with the deals.
I think it looks fishy too. Hopefully rick will hear from the company, since it mainly looks like a one man show.
Once we get a definitive on the share numbers, I'm locked and loaded for at least another 341K. Would like to get to 500K if everything shakes out on the up and up.
Posted by Akira_Lapin on :
Yeah, I've got my finger on the trigger as well.
This is what Rick was talking about initially on the 400-2000% increase.
I might just go ahead and double up.
Posted by dreamer_rick on :
so guys do u recomend to get in now or wait ...I like the chart tho
Posted by G_Ho on :
dream - we're already in. It's a huge spread, so you can probably (maybe) get filled at .005 or .006.
Posted by bingo2005 on :
Very good report on LFWK - must read -
Report Type Period End Date Release Date 15c2-11 Information Statement 06/23/2005 Jun 24 2005 ET
7. number of employees and number of full time employees
Loftwerks has fourteen employees. Loftwerks has a staff of five full time employees and nine part time contract vendors and subs.
Posted by rickpic on :
I'll be coming in for a larger steak before the week is over!
Posted by Albireo on :
This information is all fine and dandy, but the point is that it's NOT CURRENT. Could someone (who's not at work and has a few minutes) call 210-389-2615 to get the current share structure #'s? I'm sure there would be many people on this board that would appreciate the information that would be gleaned from such a call.
Posted by Albireo on :
I tried calling the number that G_Ho gave (210-389-2615) and an aswering machine told me to call 210-257-5428, which lead to another answering machine. This is like a wild goose chase here, and something doesn't seem right. Anyone else try calling yet?
Posted by bingo2005 on :
quote:Originally posted by Albireo: I tried calling the number that G_Ho gave (210-389-2615) and an aswering machine told me to call 210-257-5428, which lead to another answering machine. This is like a wild goose chase here, and something doesn't seem right. Anyone else try calling yet?
Posted by G_Ho on :
i called that number again and got a residential. Must be wrong number.
I'm calling T/A again.
Posted by Chadsly on :
quote:Originally posted by bingo2005: LFWK - has sponsers for their loftwise show on their website -
Again, great websites. This guys gets it done right the first time. Looks like quality everywhere.
Posted by G_Ho on :
actually, I called 210-257-5428 and got someone who thought I had the wrong number.
Posted by Albireo on :
The contact information listed in the PR is
Contact: Andrew DeVries, III 210-389-2615
This is precisely the number that I tried calling, and the person's name on the aswering machine is indeed Andrew DeVries. So, I don't see how our number could be wrong.
Posted by Chadsly on :
Andrew is in charge of the IPO.
Posted by G_Ho on :
actually, his number to forward to is 210-257-5438, not 5428.
I'll call again.
Posted by Albireo on :
Oh, thanks for the correction. I have it written down on my pad wrong.
Posted by G_Ho on :
I actually got a live person who was taking messages - sounded like another residential line. not professional at all.
left my name and number, told her I was looking for Andrew and a shareholder of Loftwerks.
Hopefully I hear something in return, but i'm questionning if he actually has the numbers we want.
Posted by duediligence1 on :
Someone buys 700,000 shares and it only briefly goes up then right back down. Really does sound like the company just sold more shares from the 504D. This sounds more like dumping shares then anything else. You don't have this kind of volume without dumping with the previous float. Starting to sound more like PRRM and ICAN.
quote:Originally posted by bill1352: there is an open 504D for up to $1 million worth of shares. its active till May 2006. these shares can only be sold to ppl that live in texas which is completely strange. if sold at an average of .10 per share thats 10 million shares. odds are there are a million or so naked shares out right now but you can bet your baby's diapers mm's will not be covering higher then they sold those shares for. also the SHO list will be working off wrong numbers until the new share structure is reported. look back at WNHL before the r/s...it was on SHO but they diluted 1 billion shares into the market. the numbers used for SHO did not include that dilution. SHO only works when the company has current share structure reported & no shares were added. i'll bet $100 some of that $1 million worth of shares is now in the float.
Posted by Albireo on :
Thanks G_Ho for the extra effort.
Another number that may be helpful:
313-874-4949 : Loftwerks.com listed phone # in detroit.
Give it a shot if you have the time.
Posted by Chadsly on :
Albireo, is that a business office number?
Posted by Ric on :
I doubt its a corporate number. Probably a regional office that would know nothing or little about stocks and stockholders information.
Posted by Albireo on :
Could be, but it's one of the last options for finding out information via phone. Perhaps the person at that number could better direct the call.
Posted by G_Ho on :
disconnected.
What's their number in Nashville? Didn't they move their "headquarters" there?
Posted by Albireo on :
Can't find a nashville #. Hmm... there are 4 Dennis Ammerman phone numbers at whitepages.com. LOL! Could try the one in Gobles, Michigan. (Only if you're really, really desperate.) Posted by Akira_Lapin on :
This is sounding more and more like a scam. I'm out.
Posted by Chadsly on :
quote:Originally posted by Akira_Lapin: This is sounding more and more like a scam. I'm out.
Thanks for being honest. Good luck to you. There are still plenty of stocks to play. Let us know if you break even or get out for a profit. I'm in for a little while.
Posted by rickpic on :
quote:Originally posted by duediligence1: Someone buys 700,000 shares and it only briefly goes up then right back down. Really does sound like the company just sold more shares from the 504D. This sounds more like dumping shares then anything else. You don't have this kind of volume without dumping with the previous float. Starting to sound more like PRRM and ICAN.
quote:Originally posted by bill1352: there is an open 504D for up to $1 million worth of shares. its active till May 2006. these shares can only be sold to ppl that live in texas which is completely strange. if sold at an average of .10 per share thats 10 million shares. odds are there are a million or so naked shares out right now but you can bet your baby's diapers mm's will not be covering higher then they sold those shares for. also the SHO list will be working off wrong numbers until the new share structure is reported. look back at WNHL before the r/s...it was on SHO but they diluted 1 billion shares into the market. the numbers used for SHO did not include that dilution. SHO only works when the company has current share structure reported & no shares were added. i'll bet $100 some of that $1 million worth of shares is now in the float.
Oh thank you old wise one! The information that is available has been presented and with that and my holding of 709000 shares I will now become a spectator! Why? Because I know if I don't the next post from you sir will be to call me a pumper or better yet an employee! Good Luck All!
Rick!
Posted by Akira_Lapin on :
Got out at a small loss, that's alright, AMEP is doing me well today.
GLTA here, the fundamentals are unbelievable on this co, so I hope it all pans out big time for everyone.
Especially you, Rick! (Add smiley emoticon here.)
Posted by kanalgeruch on :
I just sent them a fax to the number listed..will see. Dont think there is reason to abandon the ship..waiting for the O/S issue to be in the open..before calling the shots...
Posted by Albireo on :
Where's Trader Tom when you need him?
Found this information, but don't know if it's current or accurate:
Loftwerks D & C LLC, 162 Fourth Avenue North, Suite 104, Nashville, 37219, John J. Faldetta, JR
Posted by Chadsly on :
bid x ask looks like 4 x 6 from pinksheets. Odd to be down after all these buys.
Posted by bingo2005 on :
The company recently relocated from Detroit to the capital of country music where work is already underway on its next project: The Ambrose Building, a century-old landmark on Fourth Ave. in the heart of downtown Nashville.
Yes they did move
Posted by Albireo on :
Wow, what a wicked close.
Posted by bingo2005 on :
Here is the old move news -
LoftWerks will locate a 1,600-square-foot sales and marketing office in the first floor of the building at 162 Fourth Ave. N and convert the second and third floors of the building into 21 condominiums. The units, ranging in size from 500 square feet to 1,400 square feet, will be priced between $143,000 and $360,000.
NAI Mathews Partners is marketing the property, which is slated to be completed early next year. The design work on the project will be handled by Eric Powers of Franklin-based Innovations Group and Nashville architect Rob Cochran.
Loftwerks, led by founder and CEO Dennis Ammerman, has converted six buildings in Detroit into residential lofts.
The Pruett Financial Group of Northwestern Mutual Financial Network had long occupied space in the Building. The firm relocated to nearly 28,000 square feet of space in Eakin Partners' Roundabout Plaza when that
fax to the number listed on their website didnt go through...
Posted by Albireo on :
Everything about this venture looks legitimate, there's contracts and revenues, etc. But, I don't think anyone would disagree that it just smells a little too fishy. But, decisions should be based on facts, not emotions. Good luck all.
Posted by kanalgeruch on :
The only reasons this kind of volume didnt move it must be a 'large' O/S that is unknown as of yet. good luck to all!
Posted by Albireo on :
Or a small O/S that the MM's have turned into a 'virtual massive O/S' through severe naked shorting.
Posted by kanalgeruch on :
excellent point...I guess it will be known someday soon - good luck to u!
Posted by jmichael7 on :
i got 368,276 shares EOD putting us over 5 mill.
lot of pressure holding us but i must say as a TA guy and one who studies L2, Money Flow ect... this is sure looking more and more interesting by the day
..just as ricpick i'll be holding and adding until huge gains as expected. i was estatic to see NITE join the party on bid and i assure you like many others and myself he is here for one reason..to accumulate shares from the weak as the show continues... all IMO
Huge potential here people.. Not/JMO GLA
Posted by TraderTom on :
Just found some time to read the board ..
Unfortunately, I haven't received a reply from the TA yet. However, from one of the earlier posts it seems their policy is not to publicize the float. I 'll let you know as soon as I hear from them.
I don't think at all that this company is a scam, but I think they're diluting to some degree. In fact, this filing says pretty clear that they "anticipate to raise $1 million" through the open 504D (look at page 5, bottom; it's even underlined):
At the current PPS, they would need to issue over 100M shares to raise 1 million.
However, the fundamentals of this company are all GREAT, even if they do raise their million $. And as soon as they stop the dilution the PPS will skyrocket, IMHO.
Posted by jmichael7 on :
LFWK - time to get all Stock Market Communities on board..replies and dd also welcome here -----> http://tinyurl.com/e3yzz Let the Momo Begin!!
Posted by Chadsly on :
TraderTom, I'm doing all my analysis now based on the Authorized shares of 200M and this is still way undervalued.
Based on the *value* of the company in June as 3.4M and assuming the O/S is 200M (which it should not be) the shares should be worth a minimum of 1.7 cents each. In my opinion that would still be incredibly cheap considering their plans for the next year.
Posted by rickpic on :
LFWK
The nature of products or services offered
1. principal products or services, and thier markets;
a. Acquisition of warehouse or class c office buildings for renovatio and conversion to loft apartments or loft condominiums b. New condominium construction-in fill or mid-rise structures
2. distibution methods of the products or servises Loft Wise TV Show d. Urban life-style show in HD e. Season 1- 13 episodes shot around North America f. Season 2- 13 episodes in North America (and 2 or 3 in Europe) g. Expand into corresponding Loft Wise Magazine (more ads, details, etc.) h. Offer links and shopping cart for items promoted on show (cabinets, furniture)
3. statuse of any publicly announced new product or service; Loftwerks is rolling out a host of newproducts in 2005, including
a. National Urban Franchise (3rd quarter 2005) i. Franchise (similar to Century 21 or ReMax, but in urban centers) in top 35/40 ADI (Area of Direct Influence-TV & Radio term) (3rd quarter 2005) ii. National marketing campaign- linked to/with Loft Wise TV Show which in production now.
b. New kitchen cabinet line (4th quarter 2005) i. Intentionally radical and non-symetrical
c. New line of loft furniture (4th quarter 2005) i. Larger than traditional Amercan ii. Components that can be used to section off open floor plan design iii. Innovative and modern style Murphy beds; unique combination of metal, glass, wood, etc.
Posted by G_Ho on :
got some more yesterday. now at 394,000 shares.
Posted by pick em low on :
WTF did you do while I was gone a day.... it looks like we're just lining the pockets of the naked short selling criminals.... I'm so sick of it......
Posted by G_Ho on :
this thing is sleeping...
Posted by pick em low on :
no volume in a half hour? what a scam..... but I'll still hold....
Posted by Chadsly on :
If you look at the BCIT chart (keeping in mind that the companies are different) all of the volume came about a month before the pps really started to move. If we hold LFWK, it may take a month, but I believe we'll see more than $.10.
Posted by G_Ho on :
Got an email from the T/A. They can find no record of me as a shareholder, and state "As Transfer Agent for Loftwerks we are not a public souce of information." LOL
Have a call in Andrew, the "PR guy", and haven't heard back... No one can find a number to the company directly, so it's practicall impossible to get ahold of anyone there... I've emailed the company directly with an address off one of their sites, but haven't heard anything back.
How in the hell can you NOT get ahold of any information or anyone affiliated with this company?
Posted by JOELGA on :
Yes it appears that this may be a big scam. I hope it is not but things just don't add up with this whole situation.
Posted by Chadsly on :
You guys have to remember that this is a pinksheet. You are hardly ever able to get good info for a pink. You can usually forget about gettinb ahold of the company.
Since Andrew DeVries is the IPO, I would think he'd be easier to get in touch with.
Keep in mind that there could be lots of reasons for the confusion. It sounds like I'm trying to defend the company, but I'm really just trying to add to the conversation.
Posted by matto on :
movement nice to see!!!!!!!!!
Posted by JOELGA on :
You would figure that with the CEO's determination to resolve this issue, and to protect the shareholders of his company, he would make sure that someone available for inquiries.
Posted by Chadsly on :
In case you guys haven't noticed, you can send a message directly to Dennis through Loftwerks.com.
Remeber something here and that is till we started buying this 2 days ago! There was only 30 or so shareholders and the CEO knew most of them, as they are listed in the 211 filing by name or position with the company! Now he has 100 or so share holders. The information trail will open up. Just gotta give it time, or at least I will give it time! You guys can do whatever you want.
Posted by pick em low on :
[QUOTE]Originally posted by Chadsly: [QB] You guys have to remember that this is a pinksheet. You are hardly ever able to get good info for a pink. You can usually forget about gettinb ahold of the company.
Since Andrew DeVries is the IPO, I would think he'd be easier to get in touch with.
Ya... relax.... no one returns phone calls, esp. on pink sheets....
Posted by pick em low on :
quote:Originally posted by matto: movement nice to see!!!!!!!!!
Let's just hope it's not a bowel movement !!
Posted by jmichael7 on :
agree rickpic
'relax.... no one returns phone calls, esp. on pink sheets....'
..and couldn't have said that any better myself either lol
Posted by Chadsly on :
Here's the message I sent him:
Dennis,
I recently became a shareholder of LFWK because I strongly believe in your (and your company's) ability to change the face of life in the city. The price per share of the stock has continued to fall, but I thank you for your commitment to see that the Market Makers do not continue to short sell this stock. I do have one important stock related question and was expecting that the CEO would be able to direct apporpriately. The share structure according to the filings in June said that only a couple hundred thousand shares were to be available for the market until you were to sell another $1 Million worth of shares. The Authorized shares were also set at 200 Million shares. Can you tell me breifly what the share structure is currently? Have you or the company itself sold any shares to the market since June? If you can't give me an exact number at the moment, can you give me a rough estimate? I look forward to an excellent next year following Loftwerks and Loftwise. Thank you for your help.
Posted by G_Ho on :
nice email Chadsly. Hope you hear something back.
Posted by jmichael7 on :
this could be so beautiful the big dogs i've talked to on this all say they are holding...
the message i'm getting from the mm's right now is 'we are not filling large orders at this time.' lmao
hmmm..i wonder why?! lol
Posted by pick em low on :
[QUOTE]Originally posted by jmichael7: [QB] this could be so beautiful the big dogs i've talked to on this all say they are holding...
the message i'm getting from the mm's right now is 'we are not filling large orders at this time.' lmao
------------------ How do you know MM's? What big dogs?
Posted by cyclekitty1 on :
Does anyone have a sub for Crains business magizine. No one drives a nail in Detroit with it being in there If they have renovated 4 bldgs in Det. It will be there. along with the locations of the bldg's.
G_Ho, Settlement takes 3 days you would not be a shareholder of record until after the settlement date.
Posted by jmichael7 on :
I/M experience in reading L2 pl..
..ppl i've talked to in PM's ect...
Posted by pick em low on :
PM's?
Posted by pick em low on :
Buy some CNR it will take off soon.... just watch.....
Posted by kywee on :
getting some attention
Posted by matto on :
looks good
Posted by rickpic on :
very nice move up! I hope its just the start of something much much better!
Posted by kywee on :
we need the bid to up also and we will get more buys
Posted by rickpic on :
someone like Duedilenger would have had you sell at .005 or less today! I wonder why he would want to shake you out at a lose after only a one or two day hold!!!
Posted by G_Ho on :
Posted by matto on :
looks good
Posted by G_Ho on :
let's get some push and break a penny today!
Posted by kywee on :
if we want to break anything we need that damn bid to raise...such a weird stock
Posted by G_Ho on :
what's the B/A?
Posted by rickpic on :
Im personaly waiting for the nasdaq daily list in hopes that a divi is on the way! The list hasn't come up for today yet.
Posted by 100prcent on :
i've bought and sold this stock many times so far with all this jumping around. mine as well take advantage of the volitality
Posted by Chadsly on :
quote:Originally posted by 100prcent: i've bought and sold this stock many times so far with all this jumping around. mine as well take advantage of the volitality
Any profit?
Posted by 100prcent on :
about 80% each time
Posted by pick em low on :
72 and 90 72 and 90 sheesh pick a new number
Posted by pick em low on :
don't daytrade it... it will never break 9 if you keep doing that
Posted by Chadsly on :
quote:Originally posted by 100prcent: about 80% each time
bought at 5? and sold at 9?
Posted by 100prcent on :
I trade to make money, how bout you?
Posted by jmichael7 on :
agreed pick it low..
Yes stockcharts finally got the chart up!!
I'm telling you when this thing breaks .01 it will be LFWK fever no joke...
Posted by pick em low on :
get over .009 stop selling there!
Posted by pick em low on :
quote:Originally posted by 100prcent: I trade to make money, how bout you?
For once, you'll do better holding this one than trading it I think.....
Posted by kywee on :
there it is bid .007!
Posted by pick em low on :
once it hits 1 cent then people will be interested..... raise the damn ask to .01
Posted by 100prcent on :
I'm holding a bunch of shares. Messing around with about a third of them. Just trying to lower my risk. I'm done. bid went up...
Posted by rickpic on :
bid just hit .007! Posted by matto on :
YEA LOOKS REAL NOW!!!!
Posted by pick em low on :
One last comment.... if you convince yourself it won't go higher than .009 in the short term, then it won't because it becomes a self fulfilling prophecy, because you'll put your sell in at .009, thus preventing it yourself from going higher!
Posted by Chadsly on :
I would expect no one here to have a sell in lower than 2 cents.
Posted by pick em low on :
Question: What's Bush's position on Roe vs. Wade?
Answer: He doesn't care how they get out of New Orleans....
Posted by Chadsly on :
If the bid is 7, why are their trades going through at 6? Are those mirror trades?
Posted by rickpic on :
bid is .005 x ask of .008 at this time!
Posted by kywee on :
bid is 5
Posted by pick em low on :
goddamn MM's ! !
Posted by Chadsly on :
thanks guys
Posted by jmichael7 on :
today's it's definitely in the 3rd day load zone! IMO ;0)
Posted by pick em low on :
someone put in a couple grand.... these $500 investments will get us nowhere..... burp
Posted by jmichael7 on :
can't believe i was able to buy this co. sub-penny..
What do you mean "was about to"? I thought you already did.
Posted by rickpic on :
he's razzing those who are on the fence! Posted by jmichael7 on :
whaaaaaaat.. 'able' i meant... lol
Posted by Chadsly on :
OOOHHHHH! Yeah, their website rocks. You can also check out their TV show, Loftwise at www.loftwise.com. Really impressive product.
Posted by rickpic on :
Hmmm EOD HOD??????? Posted by Chadsly on :
I'll be the optomist and say we close at .012 and gap to .02 in the morning. How's that for optomistic?
Posted by rickpic on :
Chad ya pumper! Posted by jmichael7 on :
LOL rick
Posted by pick em low on :
EOD HOD
= Every Other Day = Horny Ogres Daytrade
Posted by Chadsly on :
quote:Originally posted by rickpic: Chad ya pumper!
Hey, I'm keeping it all to this thread and being very obvious.
Posted by rickpic on :
still watching for the new divi list!
Posted by pick em low on :
pumper? don't even know er!
Posted by rickpic on :
Thats right Chad you better be carefull Jm got slapped for posting this stock to another thread last night!
Posted by rickpic on :
The Due(make ya dump)Dillinger called Jm a pumper for saying this should be on the 5 day runners list! Funny part is it ran better than any of the other stocks on that list already today! Posted by Chadsly on :
Yea, I saw that. I was reading through the thread and was shocked to see that no one had posted it until I got near the end. I was thinking this should be put on the $1,000 to $1,000,000 club.
Posted by cyclekitty1 on :
I lov the way you think Chadsly. I have an order in for another 500k at 005 got 100k of it a little while ago.
Posted by Chadsly on :
Question (not an accusation): Is this stock being held back (in any way) by people trying to buy lower than the ask?
Posted by jmichael7 on :
LFWK - Intraday chart absolutely out of control lol
today is 3rd day newbie settlement load-fest! IMO
Posted by rickpic on :
Chad there are always people trying to buy below the bid!
Posted by Chadsly on :
You mean the ask?
Posted by jmichael7 on :
sweet! cyclekitty that was also my price ;0)
Posted by rickpic on :
No I mean the BID! theirs always MMs below the current BID!
Posted by rickpic on :
No DIVI news for us today but very bad news for GRDX!
Posted by jmichael7 on :
rickpic.. 'theirs always MMs below the current BID!'
least if we're on it there are Posted by goforbroke on :
What is DIVI? I am at a loss on this one.
Posted by Chadsly on :
The MMs have shorted this stock a lot. If the company gives a dividend then the MMs are stuck owing money if they haven't covered their shorts. Make sense?
Posted by rickpic on :
LoftWerks, Inc. CEO Vows to Conquer Anemic Market; Initiates Cost Analysis on $20M Private Funding; Issues New Mandate for Meticulous Audits and Shareholder Dividends 9/12/2005 9:08:41 AM
Posted by pick em low on :
what a POS MRKL is.... down down down down on high volumne month after month....what a scam....glad I got out at 7c with a profit on a brief upswing..... god I had scumbag CEO's and companies
Posted by goforbroke on :
I understand now. Where can I find this info to add to my DD favorites folder?
Posted by pick em low on :
quote:Originally posted by Chadsly: The MMs have shorted this stock a lot. If the company gives a dividend then the MMs are stuck owing money if they haven't covered their shorts. Make sense?
Explain this with a numerical example. What does that mean? The MM shorts how, he shorts the stock selling it to whom? Someone on the open market? If he never covers and naked shorted it how does he "get" the money from the sale... if I shorted something I can't withdraw the cash unless I close the position. Where's the transaction? An MM doesn't have a broker acct, right, what do they have, some acct of theirs in their computer? Who does an MM work for exactly? some brokerage firm? I just don't get how there can be all these phantom shares around.
Posted by Chadsly on :
quote:Originally posted by goforbroke: I understand now. Where can I find this info to add to my DD favorites folder?
Wow JPHC got creamed the last few days I see....
Posted by goforbroke on :
Thank you again.
Posted by pick em low on :
time to borrow $5 grand from my credit card.... and invest somewhere......
Posted by Chadsly on :
quote:Originally posted by pick em low: time to borrow $5 grand from my credit card.... and invest somewhere......
Hope that's a joke.
Posted by pick em low on :
What's with BDGR? Kinda like LFWK....
Posted by pick em low on :
I've done it before! those zero % interest deals..... I just have to not lose it.....
Posted by jmichael7 on :
k HILL ut'ed again let's GOOOOOOO! lol
Posted by pick em low on :
Hey, who plays Battlefield 2?
I just got a new video card to run it ... wooooo
$132 for a GeForce4 6800 and I unlocked the disabled pipes and shaders... so it's even faster...
Posted by rickpic on :
Nice Close UP 100%
Posted by jmichael7 on :
in deed ;0)
Posted by Chadsly on :
I guess we didn't quite hit .012. LOL
Posted by rickpic on :
Oh well Chad you were only off by 100%! Posted by bingo2005 on :
Anyone look into when this will be on the air?
Press Release Source: LoftWerks, Inc.
LoftWerks, Inc. CEO Ammerman Moves Forward on HGTV-Targeted Series: "Loft-Wise" to Shoot Second Pilot Monday August 22, 6:40 am ET Advertising Revenues Approach $1-3M According to Early Estimates
NASHVILLE, TN--(MARKET WIRE)--Aug 22, 2005 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) CEO Dennis Ammerman announced today that he will move ahead with his plans to bring the vision of LoftWerks, Inc. to the broader market of America's television viewers. "Loft-Wise" will begin the production on a second pilot program that will garner slots on networks like HGTV, Discovery, and other cable specialty programs. The show will feature everything from the "before, during, and after" phases of Loft Construction ("Loftable Spaces") to "Urban Issues," to "Lofty Living" ...an ongoing portrait of unique and famous lofts and their often unique and famous owners. Full production leading up to airtime is slated for completion this Spring. Source: LoftWerks, Inc.
"Things are moving along so well with recent publicity, that all of us feel that the show is simply a continuance of that positive momentum," said Ammerman. "That idea of a natural progression to a larger audience is so very appealing as an owner. The Show becomes less a chore and more like an open microphone to strengthen our position as the leading authority on Urban Living.
Posted by jmichael7 on :
LFWK - honestly could the chart be any more beautiful?!
1 thing to point out as a TA friend of mine says it, 'when the Aroon goes...we go!'..aways remembered that. ;0)
tomorrow's day 1 and the last of sub-pennyland IMHO
Posted by jmichael7 on :
and weekly.. Posted by Ka-Ching on :
I DO love those charts, JM - that new bullish candle on weekly chart forecasts what is to come....
HAD to grab a position today, and I think a move is indeed coming soon - appears to be HUGE ACCUMULATION the last few days. And you know that's not for NOTHIN'.
This will be exciting to watch. Posted by rickpic on :
Very interesting afternoon yesterday on this stock! I hope today is even better!
Posted by matto on :
looks very promising!
Posted by rickpic on :
Other boards are starting to look at this company, so we will have company real soon, in this one!
Posted by Chadsly on :
If you haven't been able to get in yet, don't fret. There will be plenty of opportunities as it will be a long ride.
Posted by goforbroke on :
I see that LFWK has not made the SHO Reg. list again today. Am I correct to think that a pink sheet equity will be listed there if non compliant? With the huge rundown this had over the last month It should have shown up on the list if nakes shorting was in play. I feel it was just caused by dilution hopefully not to much!!! See you guys topside if this performs as well as it looks.
Posted by jmichael7 on :
up and down all over again.
Posted by stockmover on :
Anyone,
I have an order to sell my 80k shares and they are NEVER filled. I have it set to sell at .008, does anyone know why they cannot be sold? I am with Ameritrade.
Thanks,
Stockmover
Posted by Chadsly on :
quote:Originally posted by stockmover: Anyone,
I have an order to sell my 80k shares and they are NEVER filled. I have it set to sell at .008, does anyone know why they cannot be sold? I am with Ameritrade.
Thanks,
Stockmover
Because the bid is at 5 or 6. The ask is at 8 or 9.
Posted by Albireo on :
Your sell price is too high for right now. It appears that the MMs are selling PPL shares at .008 and buying back shares at .0065 right now based on the trading pattern.
Posted by jmichael7 on :
LFWK - looks today's the day..Aroon coming up off the bottom of the chart.
more than 1/2 10 avg vol. already today..
no worries at all stockmover according to L2 someone will take them very soon..even mirror trades at .008 now ;0)
Posted by jmichael7 on :
.008's almost gone here..holding GL if you're Not!
Posted by Chadsly on :
quote:Originally posted by jmichael7: .008's almost gone here..holding GL if you're Not!
Can you give us the L2s?
Posted by pick em low on :
damn it I could have gotten GLIF at .04 and it's .09 right now
Posted by jmichael7 on :
LFWK - only 1 left @.008 now then .015 then .03!
Posted by pick em low on :
damn it I could have gotten GLIF at .04 and it's .09 right now
Posted by pick em low on :
damn it I could have gotten GLIF at .04 and it's .09 right now
Posted by Chadsly on :
quote:Originally posted by jmichael7: .008's almost gone here..holding GL if you're Not!
Can you give us the L2s?
Posted by Chadsly on :
quote:Originally posted by jmichael7: LFWK - only 1 left @.008 now then .015 then .03!
SWEET! Who's on the ask? Same person that's been there the past couple days?
Posted by buckstalker on :
NITE
Posted by jmichael7 on :
LFWK - looking excellent for the .01 break here..check out this post on the 30-mintue chart
higher highs and higher lows as we near the break on high vol.
Posted by kywee on :
getting a lot of action lately
Posted by kywee on :
ask at .01
Posted by Chadsly on :
Alright, let's get this train moving. This consolidation has helped us get started this morning. Let's run to close and gap on Monday.
Posted by kywee on :
anyone else watching this? heavy volume .008x.011
Posted by Albireo on :
holy jeebers, someone just threw over $10,000 at the ask (.011)!
Posted by futurama08 on :
I just bumped us w/ 3000 shares to .011 Hopefully that'll help
Posted by Chadsly on :
YAAAAAAAAAHHHHOOOOOOOOOOOOO!
Posted by kywee on :
.009x.011
Posted by rickpic on :
nice! Posted by kywee on :
.01x.011 nice!!
Posted by futurama08 on :
So what's in between .013 and .03 ? LOL
Posted by kywee on :
anyone have l2s?
Posted by TraderTom on :
The volume is unbelievable - 7 million just in the past 1/2 hour. This may be it, guys!
Posted by futurama08 on :
yeah
.01 (1) .008 (1) .007 (1)
.011 (1) .013 (1) .03 (1)
bid: .01 ask .011
Posted by kywee on :
im watching very close...rick do you have l2s?
Posted by Chadsly on :
Don't forget guys this is only the beginning. I'm sure everyone here knows how to play a run, but someone instruct the newbies if there are any here.
I don't want to sound like a pumper, but I'm not planning on taking profits for atleast another %100.
Posted by kywee on :
ahh ok thanks futur
Posted by futurama08 on :
HDSN just raised the ask from .013 to .02
Posted by kywee on :
man this thing will fly if we get past 12
Posted by pick em low on :
good lets rock
Posted by futurama08 on :
Posted by futurama08 on :
Just ask and I'll post new L2's
Posted by kywee on :
wow all we need is to get by nite
Posted by pick em low on :
nite is us most retail orders go thru them
Posted by Chadsly on :
quote:Originally posted by futurama08: Just ask and I'll post new L2's
So what are you listening to?
Who provides your L2s?
Posted by kywee on :
wait...was my streamer messed up or did you all just see tons of ****ing buys and sells fly down your T&S??
Posted by pick em low on :
GLIF .30 by Monday
Posted by Chadsly on :
Once we get through MDAS, I think we'll be ok. LOL
Posted by jmichael7 on :
good, somebody hurry up and buy my shares already
Posted by jmweber59 on :
Should I stick or sell? I bought 158,550 at .007? JM
Posted by kywee on :
dont let anyone tell you what to do...its up to you how much profit you want, or how much risk you take
Posted by 100prcent on :
I agree. Don't let these people hype you up that it's going to take off to the moon. I've bought and dumped this stock about 9 times over the past 3 days. But watch out, people like Pick em will give you one star for making a profit.
Posted by rickpic on :
I'm taking some profit right here guys! Its Friday!
Posted by Chadsly on :
Hey guys, if you're taking profit, please take it at the ask. With all this volume, I don't think you'll have a problem getting a lot more for your shares.
Posted by jmweber59 on :
I dont see the bid or the ask price, im using Ameritrade, it just shows 0 for both.
Posted by rickpic on :
.008x.0011
Posted by jmweber59 on :
thanks Posted by futurama08 on :
back to .011
Posted by jmichael7 on :
got more........and holding..everyone on IHUB's just getting on here with us... jmo jm
Posted by kywee on :
.009x.013
Posted by futurama08 on :
40c spread now...
Posted by jmichael7 on :
yes lol they are now scared chit-less
lmao
Posted by kywee on :
some pressure will blow it up...the ask went up without a buy
Posted by futurama08 on :
the problem so far today is every single time there is a trade there is another trade for selling at a lower price....
Posted by goforbroke on :
Kinda seems someone is piggybacking shares into the market on every trade...
Posted by goforbroke on :
CORRECTION: seems like some could be piggybacking. just an observation!!
Posted by jmweber59 on :
what I dont get is I have mine at a sell for .011 and its at .012 from .013 and yet mine hasnt sold ?
Posted by futurama08 on :
Let's see if we can breakout from here.
Posted by jmichael7 on :
agreed kywee..
Posted by futurama08 on :
This is the weirdest stock I've seen in a while. Impossible to analyze anything
Posted by jmweber59 on :
whats the bid, ask now ?
Posted by jack85 on :
bid .013 ask .009
Posted by futurama08 on :
Every time it hits .0130 it immediatly drops down to .009x
Bid: 90 Ask: 130
Posted by goforbroke on :
what the bid is 4 points above the ask?????
Posted by jmichael7 on :
jmweber59 rest assured it will fill just as all those who were here before asking me the same type Q's. who are no longer here no lol
GL everyone..as for me, rickpic and my big dogs on IHUB.........we are holding for the HUGE GAINS!! ;0)
Posted by 100prcent on :
I've had a sell in for 3hrs at .01 Sold a measily 6633 bout an hour ago at .01 then bout 10 min ago another measily 10000 went at .011 even though i had the sell at .01
Posted by jmichael7 on :
100prcent .01 is the toughest number naturally but my bet's you'll get it before EOD
sell where you feel comfortable...
Posted by futurama08 on :
LOL! Happened again hit .130 and dipped right back down. Now the ask is .012 and the bid is, still, .009
This is either going to end flat or down.
Posted by kywee on :
michael, rick is taking profit haha
get ihub on this
Posted by 100prcent on :
just sold another 23000 at .011 why would they give me the extra .001 if i only put the sell in at .01?
Posted by whiteschmuck on :
I've had a sell in all day for .011, it's gotten to .012... nothing sold.
Thanks Ameritrade
I want out to wait for dip to buy more Posted by jmichael7 on :
np and with good reason..i would be too but don't have quite 7k in this...
difference is..got mine on the bottom ;0)
Posted by jmweber59 on :
Hope your right Jmichael7 Ill let you know if it gets filled..
Posted by jmichael7 on :
been much too volital to except a big dip imo
maybe after the gap
..but not promised because at these levels it would be considered a 'break-out' gap the highest percentage of those not filled ..all IMO
Posted by 100prcent on :
Well i dumped a bunch and have another bid in lower. If I don't get them I won't be upset. Took advantage of the volitility and made about 600% in past 3 days.
Posted by Chadsly on :
It's not Ameritrade. It's that you haven't had your order in as long as others have. When you see the price go up to 13 and then back down to 9, it's because there are mirror trades by the MMs to cover the shares they sold.
It's going to keep flying up all afternoon into close and I believe we will have a huge gap on Monday morning. If not, I'll continue to take these %30 - %100 days.
Posted by jmichael7 on :
Posted by pick em low on :
quote:Originally posted by 100prcent: I agree. Don't let these people hype you up that it's going to take off to the moon. I've bought and dumped this stock about 9 times over the past 3 days. But watch out, people like Pick em will give you one star for making a profit.
I don't give stars.... profit schmoffit.... just hold this one and stop trading it
Posted by pick em low on :
quote:Originally posted by futurama08: the problem so far today is every single time there is a trade there is another trade for selling at a lower price....
It must be 100Prct....LOL
Posted by Chadsly on :
L2 Update?
Posted by kywee on :
the mms are holding it down, so the trades just add to it, but if we can get some buys without a mirror, there is no doubt this will fly
Posted by whiteschmuck on :
Chadsley... Thanks for the info...
I'm new to penny trading...
But done well lately with HOFF, AMNI, VSGN (gonna double)
Posted by pick em low on :
If you held it you probably would have made more than your 9 trades after commission.... because it would have went up more without your selling pressure....doh!
Posted by jmweber59 on :
I put my order in lastnight 20 minutes after the market closed so I'd say my orders in there petty early, I even called ameritrade to confirm its in for the sell.. Just an odd day lol. Still waiting
Posted by pick em low on :
I gave schmuck 3 stars!
Posted by pick em low on :
Hey, gimme one of your cool graphs on GLIF.....
GLIF = Good Luck Isn't Far ! ! !
Posted by pick em low on :
here's another one for you
CNR CNR CNR CNR CNR bought it at 80c a few months ago..... news coming....
Posted by jmichael7 on :
LFWK TOTAL ASSETS $ 4,523,306 Total Current Liabilities 527,479
No reason at all for this to be trading down here.
$4M rev. and profitable.
Know what you own and why.
Posted by kywee on :
i cant believe every trade is a mirror, for the most part
Posted by jmichael7 on :
LFWK - .009/.011 2x1 better all the time ;0)
Posted by jmichael7 on :
LFWK started trading in JULY 2005
many times when stocks first come out public they tend to have rapid price decline initially ( could be a nasdaq stock, nyse stock, amex stock, doesn't matter)
then price moves back to a mean level from the over reaction
but, all of this is irrelevant..
what makes this stock and chart so attractive is the rapid decline, the nice base we have now and the volume accumulation.
the fact is we remain oversold and are ready for an uptrend cycle.
that is the most important thing going forward!
Posted by pick em low on :
the whole market is an over-reaction to everything....
Posted by jmichael7 on :
LFWK - all this talk about mirror trades but they're at .0011 now waaahooooooooo!!
LOL
Posted by kywee on :
.01x.012
Posted by jmichael7 on :
weekly chart update Posted by jmichael7 on :
kywee
yes .001/.012 2x1 now
Posted by kywee on :
.011x.013
Posted by jmweber59 on :
Now thats Ironic my sell never went through, guess theres a good reason maybe I'm supposed to hang onto this stock and take it for the long run, perhaps Ill pick up more on some dips. Have a great wekend all
Posted by rickpic on :
My guess is knowbody here will be complaining this weekend! all Stars ***** excepted! Posted by Chadsly on :
quote:Originally posted by rickpic: My guess is knowbody here will be complaining this weekend! all Stars ***** excepted!
Rick, you and Tom got them a long time ago.
Posted by HossTrader on :
LOL That happened to me too JM. I had a sell order in at 11 way before it showed the last trade at 13. Guess there wasn't enough buying pressure at the time.
Posted by rickpic on :
was a great week! Posted by 4Art on :
I just got in today at .01
I have a good feeling. Posted by Ka-Ching on :
LFWK had its' BIGGEST volume day yet! - Indicative of strong momentum yet to come in the following days/weeks, imo.
Weekly chart shows first bullish candle since decline! - confirms upturn from bottom.
In and HOLDING for much more...
Posted by whiteschmuck on :
I got out in at .06 and out at .011.
Enough of a profit for me. Will go back in with a much bigger piece if it dips. Would love to dip and pop.
PICK EM LOW... THANKS FOR THE STARS BABY!
Woo! I got STARS... Ok I'm calm.
Posted by jmichael7 on :
whiteschmuck.. it took way to much to get us through .01.......was huge resistance level that will now become the floor (just as there were i'd say absolutely no fills/buys today at .006) so good luck with that ;0) jmo
Posted by jmichael7 on :
oK everyone just as our good friend rickpic predicted we now have a new board up and running on IHUB called:
so all post dd and toughts welcome..hope to see you there also
[ September 23, 2005, 21:16: Message edited by: jmichael7 ]
Posted by whiteschmuck on :
jmichael7, I was only holding $300 bucks and this was a short play for me and that was the plan.
Maybe it'll pop. Maybe I'll buy cheap shares next week...
Posted by jmichael7 on :
then i completely agree bro you simply done good!
one can only respect a man who sticks to his plan
whiteschmuck congrats to you and 100prcent both today..the truth is ofcourse it's good to see you guys here trading as oppose to anywhere else as it does greatly contribute to our volume
..however in other thoughts most seasoned daytraders do not so much share their buying and seling experiences on boards as they understand it has absolute 0 positive effect in that particular market for anyone...
[ September 23, 2005, 23:07: Message edited by: jmichael7 ]
Posted by jmichael7 on :
LFWK - numbers/history for the past 3 days..
Date Ex: Sym / Open / High / Low / Close / Chg / Vol. / Trades / Bid / Ask
LFWK - intraday chart / Friday Sept. 23, 2005 Posted by rickpic on :
jm the volume here actualy started on day earlier than you are reflecting. I started buying this on Tuesday @.005 when the bid was .004 and it took all day but I got filled on that order, but come Wednesday it became much much harder to fill at .005 and 99% of the orders where filled higher! I took good profits here yesterday @.009-.011 and I will be looking for a re-entry point this coming week. This could be a strong mover and subject to volitility in both directions for the next few weeks now that its ben noticed. There were a few trades after hours Friday and it should be interesting to see just where this opens on Monday! I'll be watching thats for sure, and if it drops I have a conciderable ammount to throw at it, to stablize it! Posted by jmichael7 on :
rickpic k.. i have observed that since my original post and do actknowledge as you mentioned the volume was extremely heavy begining this past Tuesday.
..was mainly just pointing out that just as what you've done here for Allstocks helping to bring this stock to the attention of soooo many.......since Wed. i have been dedicated in the same way devoting most of my time in bringing the awareness of LFWK to Investors Hub.
'where if anyone has just gone for a minute and taken a look since my first post i caution really should Not be under-estimated' these guys are (and there are many i might add) are on this like Mad! lol and happily buying up the posisitions so many were so deparetely trying to get out of and comparing this to stocks like GLIF & MLON..one traders decribed it as "every traders dream to catch a 'muti-bagger' down low and i just believe this could be it!"..a couple of quotes of the day as i recall them ;0)
..as for my pp's for Monday...
it seemed to very evident that we were experiencing much accumulation late Friday between just that .009-.011 and according to the 30 min. chart as the prices continued to rise it was able to break through naturally first major resistance on the chart @.01...and that w/extreme volume to say the least!
even with all the selling and mirror trades going through...those trades were continuously up through out the day..that being the single most important thing to look for intraday 'higher lows'...
EOD we settled back in accumulation mode @.01 not HOD which IMO happened to be best possible case senerio as it will now continuely and steadily go from here its new base found .009/.01
and finally.......when considering - #1) Fridays volume - #2) new day-1 on the chart & - #3) averaage share purchase price Friday...
how's it all add up?..well lets see. just do the math...
How many do You feel will be willing to give up their positions on Monday morning?
GLTA jm
Posted by diligence_done05 on :
Gapper Monday.I like the volume and the bid upticks towards the close.
Posted by rickpic on :
as I said if it dips it will be Rick to the rescue! I'm gonna jump all over this if I see a discount! Good Luck Guys!
Posted by jmichael7 on :
sweet rp! ..honestly hope the opportunity to be in many more plays w/ya bro as your attitude and positive spirit is uplifting always seemingly seeking opportunity in every situation..key essentials in winning at this game! ;0)
true player for real...one who can and does stand by his picks...at times even from the side-line!! Posted by jmichael7 on :
First TARGET price for LFWK:
this is the minimum target based on the highly reliable fibonacci retracements:
hmmm.. LFWK - the forgotten IPO gem? .."Ammerman discussed the founding of LoftWerks, its recent IPO, and his ideas..." sweet ;0)
New Public Company is Attempting to Take Advantage of 'Affluently-stable' Markets for URBAN LOFTS!
Investors should continue to monitor the progress of LoftWerks for further developments! On June 30, 2005, LoftWerks announced its IPO and presence in the public marketplace concurrent with the launch of its latest real estate venture; a complete transformation of an inner-city icon located in Nashville, TN., The Ambrose Building, into a Luxury High-Rise residential community worth an estimated $40M at completion. Loftwerks has previously converted six older buildings in Detroit into highly desirable living spaces and will spend approximately $4.7M to replicate its successful renovation model on "Ambrose," located at 162 Fourth Ave. N., in the heart of downtown Nashville.
On the program, Ammerman discussed the founding of LoftWerks, its recent IPO, and his ideas concerning the development of a new, on-line and catalog-sales campaign that will offer the "essentials" to his burgeoning market of urbanites, including a furniture line, house wares, and other "survival-gear necessities" for the urban dweller. "I always appreciate the opportunity to convey our vision. Media is vital. Everyone willing to listen must have a chance to hear loud and clear. There is a whole lot more to this company than bricks and mortar... it's about all the things that make us the right thing at the right time."
"...LoftWerks, Inc. (OTC: LFWK) just announced the appointment of Charles Loveman and Merrick Malone, veterans of the urban revitalization movement..."
Charles Loveman serves as HHP's Executive Director. Charles has an extensive real estate background, specializing in historic commercial and residential rehabilitation projects. Some of the Los Angeles area projects he has worked on include the rehabilitation of the Hollywood Equitable Building, the conversion of the downtown L.A. Old Bank District buildings into residential lofts, the proposed Museum of Creativity, the Capitol Records’ expansion in Hollywood, the redevelopment of Glendale’s Town Center area, the master plan development for Marion Davies former guest house in Santa Monica, and the implementation plans for Barnsdall Park and the Frank Lloyd Wright-designed Hollyhock House. Before venturing into the private sector, Charles was a Senior Planner with the Los Angeles Community Redevelopment Agency and a principal author of the draft Core Area Development Framework for focused growth and development issues through 2010. Charles was educated at Stanford (B.A.), UCLA (M.B.A.) and Harvard (Master’s in City Planning). Since joining HHP in 2001, Charles has acquired over 20 new sites for our affordable homeownership projects. http://www.heritagehousingpartners.org/aboutus.html
LoftWerks, Inc. CEO Dennis Ammerman announced that he will move ahead with his plans to bring the vision of LoftWerks, Inc. to the broader market of America's television viewers. "Loft-Wise" will begin the production on a second pilot program that will garner slots on networks like HGTV, Discovery, and other cable specialty programs. The show will feature everything from the "before, during, and after" phases of Loft Construction ("Loftable Spaces") to "Urban Issues," to "Lofty Living" ...an ongoing portrait of unique and famous lofts and their often unique and famous owners. Full production leading up to airtime is slated for completion this Spring.
"Things are moving along so well with recent publicity, that all of us feel that the show is simply a continuance of that positive momentum," said Ammerman. "That idea of a natural progression to a larger audience is so very appealing as an owner. The Show becomes less a chore and more like an open microphone to strengthen our position as the leading authority on Urban Living.
Advertising will play a key role in the upcoming success of "Loft-Wise," primarily his own ads, which will feature key spin-offs that Ammerman has a headstart in developing, such as a furniture line that is designed for lofts and the often taller spaces they occupy. Other manufacturers and urban-service businesses will vie for the remaining ad-spaces on the show. Look for Ammerman to showcase his online and catalog merchandise sales as well. "When I said $150 million in 2006 I meant it," Ammerman touted. "I can't even begin to slow down the process of conceiving ancillary opportunities as we roll out this red carpet back to the inner city. We are so fortunate to be where we are. We will not waste a single opportunity ...not TV...not Print, not the nearest soapbox!"
Posted by kywee on :
gapping 11x13
Posted by Chadsly on :
I love Monday mornings!
Posted by kywee on :
anyone have l2s please?
Posted by jmweber59 on :
Well wish me luck I'm going to try and squeeze in at .006 this morning, seeing as I couldnt sell on friday lol, I figure its worth the risk. JM
Posted by jmweber59 on :
Can someone tell me what the bid ask is please ? thanks in advance . JM
Posted by kywee on :
appears to be no mirror trades, 11x14
anyone have l2s? futur?
Posted by futurama08 on :
Posted by kywee on :
thanks
Posted by futurama08 on :
Just pushed .015!
Posted by kywee on :
this thing is going up nicely...13x15 atm
Posted by Chadsly on :
We're going to be flying soon. This is still really small volume. We'll definitely hit 10M today, which should easily push us past .02.
Posted by kywee on :
13x16
Posted by kywee on :
15x18 damn
Posted by futurama08 on :
15x18 and we just hit 16...I love this
Posted by matto on :
here we goooooo!
Posted by HossTrader on :
What a way to start the day!
Posted by Chadsly on :
quote:Originally posted by HossTrader: What a way to start the day!
And this is only the start.
Posted by rickpic on :
very nice!
Posted by jmichael7 on :
LFWK - annotated chart.. Parabolic SAR impotant resistance here broken... Posted by kywee on :
over 6mil in the first hour
Posted by Chadsly on :
Anyone else see .03 today? We're are flying here without much in between here and .03.
Posted by kywee on :
what do the l2s look like?
Posted by Chadsly on :
.015 X .018
Posted by futurama08 on :
Chadsly: The stock is too volatile to predict .03. The slighest volume either ticks it up/down 20%. I think the fact that we actually hit .018 so early means we will probably settle somewhere right around that or .02 but I don't see it going much higher than that for today at least. Like I said though, watching the L2's any movement in volume really shoots it up or down.
14x17 now.
Posted by Chadsly on :
I'm perfectly fine with .02. These %30 - %100 days are going to be great.
Posted by G_Ho on :
ric and trader tom...
many thanks for a great pic. got in at ave. of .0052. almost 400K shares.
Lovin' it right now.
thanks again!
Posted by Chadsly on :
G_Ho, I'm sure you are.
Posted by bingo2005 on :
LFWK - new ihub board is up
Volume increase should equal higher share price short term .
Short term - I am enjoying the ride
Bingo
Posted by G_Ho on :
I was out Friday and missed the board.
Anyone hear from the PR guy or Dennis himself?
Posted by jmichael7 on :
you too G_Ho ;0)
Posted by futurama08 on :
12x17 ... 50c spread...wow
Posted by Chadsly on :
Lots of mirror trades.
It'll turn in just a minute. Hopefully, just before lunch. If not, it'll head north about 2:00.
Posted by jmweber59 on :
I let my shares go at .017, I will renter this afternoon on a dip even if its at .011 hopefully even a tad lower, I have already put in my bids. Nice moves up and noce volume today. Jeff
Posted by buckstalker on :
I am riding freebies for now, but I must say that this is the strangest trading stock that I have ever seen....
Posted by discosquirrel on :
Ok, either the alert software for my online brokerage (Qtrade) is buggy or i just got a notice that a trade went through for 0.02 Posted by 100prcent on :
This stock is a lot of fun.
Posted by Chadsly on :
quote:Originally posted by discosquirrel: Ok, either the alert software for my online brokerage (Qtrade) is buggy or i just got a notice that a trade went through for 0.02
I didn't see any .02s. Sorry.
Posted by 100prcent on :
anybody get shares for .011 on that last dip?
Posted by futurama08 on :
My original buy was at .011
Posted by Chadsly on :
The lowest price on the dip was .012, so I doubt we have anyone who would suggest that they got filled at .011 on the dip.
Posted by 100prcent on :
somebody did. 218k shares at .011 I was only able to buy 200k shares at .012
Posted by Chadsly on :
I still don't see any trades at .011. I must have missed it somehow.
Posted by Chadsly on :
Turning North. .014 X .017 1X1
Posted by 100prcent on :
don't think we'll see .011 again for awhile. Where does everyone see this closing today and for the week. I'll say .014 for today and .026 on friday.
Posted by bingo2005 on :
9/26/05 LFWK Stock Alert -
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
LoftWerks, Inc. CEO Dennis Ammerman announced that he will move ahead with his plans to bring the vision of LoftWerks, Inc. to the broader market of America's television viewers. "Loft-Wise" will begin the production on a second pilot program that will garner slots on networks like HGTV, Discovery, and other cable specialty programs. The show will feature everything from the "before, during, and after" phases of Loft Construction ("Loftable Spaces") to "Urban Issues," to "Lofty Living" ...an ongoing portrait of unique and famous lofts and their often unique and famous owners. Full production leading up to airtime is slated for completion this Spring.
"Things are moving along so well with recent publicity, that all of us feel that the show is simply a continuance of that positive momentum," said Ammerman. "That idea of a natural progression to a larger audience is so very appealing as an owner. The Show becomes less a chore and more like an open microphone to strengthen our position as the leading authority on Urban Living.
Advertising will play a key role in the upcoming success of "Loft-Wise," primarily his own ads, which will feature key spin-offs that Ammerman has a headstart in developing, such as a furniture line that is designed for lofts and the often taller spaces they occupy. Other manufacturers and urban-service businesses will vie for the remaining ad-spaces on the show. Look for Ammerman to showcase his online and catalog merchandise sales as well. "When I said $150 million in 2006 I meant it," Ammerman touted. "I can't even begin to slow down the process of conceiving ancillary opportunities as we roll out this red carpet back to the inner city. We are so fortunate to be where we are. We will not waste a single opportunity ...not TV...not Print, not the nearest soapbox!"
[ September 26, 2005, 11:55: Message edited by: bingo2005 ]
Posted by Chadsly on :
quote:Originally posted by 100prcent: don't think we'll see .011 again for awhile. Where does everyone see this closing today and for the week. I'll say .014 for today and .026 on friday.
Maybe, but I would like to see .05 in there somewhere.
Posted by futurama08 on :
It will close around .02 today. I don't know about the rest of the week. It depends on the volume and if the mirror buys/instant sells after a buy go away.
Posted by Chadsly on :
It could just as easily be 2 weeks before we get to .05.
Posted by Chadsly on :
Woo - Hoo
.016 X .017
We should go straight through .02 in the early afternoon.
Posted by bingo2005 on :
Question
What is the best Free L2 service I can use to follow this stock more closely?
Thanks Bingo
[ September 26, 2005, 12:31: Message edited by: bingo2005 ]
Posted by Chadsly on :
.013 X .015 according to pinksheets.
Posted by jmichael7 on :
LFWK - chart weekly / view of what's to come... ;0) Posted by jmichael7 on :
the 15 min. chart says it all... Posted by futurama08 on :
That's gorgeous. Now where is the explosion like DFAX!!
Posted by Chadsly on :
Huge buys coming in at .015
Posted by betting babe on :
can somebody tell me why this fell so far andn why i can find so little historical info on it?
i see the filing on 06/23/2005, and everything looks great to me there... but it has really tumbled and can't find any reason why.
thx ~BB
Posted by Chadsly on :
quote:Originally posted by betting babe: can somebody tell me why this fell so far andn why i can find so little historical info on it?
i see the filing on 06/23/2005, and everything looks great to me there... but it has really tumbled and can't find any reason why.
thx ~BB
That's the reason we're all buying. The CEO has put a PR about shorting. In my mind, the CEO believes the price has been pulled down by the MMs.
Posted by betting babe on :
but from .40 to .01?
any other theories?
cuz those lofts look pretty dang snazzy to me!
~BB
Posted by Albireo on :
Likely Causes:
1. Naked Shorting
2. Lull after IPO (which is often common)
3. Dilution
4. Scam (Which appears NOT to be true in this case, company looks completely legitimate and all hopes/dreams should come to fruition IMO).
Posted by futurama08 on :
Since we all like pictures
When those bands hit...KABOOM!
Posted by JOELGA on :
WoW! Looks nice future
Posted by futurama08 on :
13x16...Hopefully we'll end the day right where I predicted at 18 :-D
Posted by Chadsly on :
Do Bollinger Bands still work with pinks?
Posted by Chadsly on :
That's one of the first real sells I've seen today. 64k at .013. Doesn't happen often. We've got a lot of room ahead of us.
Posted by futurama08 on :
Chadsly: Everything works w/ pinks it's just less reliable and accurate. We still need something to base predictions on, there's enough guessing in the air already Posted by Chadsly on :
Huge buy at .016
Posted by JOELGA on :
What was the volume Chadsly?
Posted by Chadsly on :
quote:Originally posted by JOELGA: What was the volume Chadsly?
112k
Posted by futurama08 on :
It took TWO HUNDRED SHARES to move 20% + .... that is ridicilous. Wow. If we can get rid of the mirror sells after the buys this stock is going to skyrocket 1000%+
Posted by Chadsly on :
quote:Originally posted by futurama08: It took TWO HUNDRED SHARES to move 20% + .... that is ridicilous. Wow. If we can get rid of the mirror sells after the buys this stock is going to skyrocket 1000%+
what %20 are you talking about?
Posted by futurama08 on :
The stock moved from .0145 to .0160 with a buy of 200 shares...
Posted by Chadsly on :
That only %10 and the .145 was a mirror from earlier.
I can't wait to see where we gap to tomorrow morning.
Posted by futurama08 on :
Woops, I meant 10%. Still incredible.
I too am looking forward to 9:30 tomorrow !
Posted by G_Ho on :
nice day. Had an order in for another 106K at .012, but obviously didn't fill.
Posted by whiteschmuck on :
I got out of this baby @ .011... I feel dumb.
But congrats to the rest of you!
I'd love a Loft Posted by HossTrader on :
I got rid of some at 014. Riding free shares now!
Posted by G_Ho on :
I might buy a loft if this thing continues to roll Posted by JOELGA on :
G_Ho, there you go! I'm not giving any ov my shares away just yet. We are just seeing the ^ of this iceburg.
Posted by JOELGA on :
G_Ho, there you go! I'm not giving any of my shares away just yet. We are just seeing the ^ of this iceburg. IMHO .09-.10 is not a pipedream for this stock
Posted by G_Ho on :
Papa will be a very happy man if we hit .10.
I just need to figure out when to sell and buy back more on dips...
Posted by jmichael7 on :
.016 another nice close ;0)
betting babe
some are saying though it/the fall very extreme in this case..it is sometimes the nature of IPO's and ofcourse any shorting certainly wouldn't have helped any either... fwiw jm
Posted by JOELGA on :
G_Ho, you have to move a lot of shares on the dips to make some profits after your commissions. I think it is easier to wait it out, and most importantly have a price or percentage for your exit. In my case, I am willing to wait for .09-.10 on this one because I think it will happen. When? Is anyone's guess... GL
Posted by TraderTom on :
Hi BettingBabe:
I personally believe it was some mild dilution that caused the PPS drop. Somehow the initial excitement after the IPO waned, and together with the dilution the PPS started dropping. As is often the case, the market overdid the drop, but that's why this is a good byuing opp. IMHO.
Tom
Posted by JOELGA on :
TraderTom, just want to say thanks for the solid pick! Would not have found it without you.
Posted by betting babe on :
thx for the input everyone!
amazing how such small volume moves the pps around.
i did think it was a cheap shot that they cranked out that .013 trade at the bell. i got in at .015, couldda waited for lower, but hopefully thatll be a moot point when it hits the other boards & we get news.
Looks like alot of selling pressure this morning.
Posted by Albireo on :
shake before blast-off?
Posted by texvet4 on :
prolly some profit takers followed by panic sellers...get rid of the weak
Posted by JOELGA on :
Wish I had funds to buy more right now. This is on epenny I could see myself holding on to for a while.
Posted by Albireo on :
finally a trade that wasn't mirrored:
350,000 * .013 (11:06:20 EDT)
this could be the turn back up.
Posted by matto on :
moving in the wrong ditection today.
Posted by matto on :
can anyone explain why every trade is a mirror????
Posted by betting babe on :
or why it's down 50% from today's high? ~BBB
Posted by HossTrader on :
wow! What happened? Down to 0082?!
Posted by whiteschmuck on :
jesus... wish I had the funds to get back in... Why can't fund transfers be instantaneous?
Posted by futurama08 on :
It went up to 0.018! What more could you ask for? Anyway, chart looks to have taken a turn for the worst today and that, along with lack of PR/drop in volume would explain the drop. Catch you at the bottom for a new order of shares and will be looking to exit high again.
DONT HOLD ON TO THESE STOCKS! PLAY THE GAME. BUY LOW SELL HIGH
Posted by reidler88 on :
jumped back up before i could buy more,,, damnit
Posted by futurama08 on :
It's at .0084, what are you waiting for?
Posted by HossTrader on :
quote:Originally posted by futurama08: It went up to 0.018! What more could you ask for? Anyway, chart looks to have taken a turn for the worst today and that, along with lack of PR/drop in volume would explain the drop. Catch you at the bottom for a new order of shares and will be looking to exit high again.
DONT HOLD ON TO THESE STOCKS! PLAY THE GAME. BUY LOW SELL HIGH
Calm down dude. I am riding free shares as it is. I already made over 50% on it.
Am I still allowed to be surprised it dropped so fast?
Posted by futurama08 on :
Hoss; I'm telling everyone in the thread. Never addressed you personally? So......calm down.
Posted by G_Ho on :
what's the B/A?
Posted by futurama08 on :
.0080x010
Posted by HossTrader on :
LOL Never got excited. Try it.
Posted by HossTrader on :
Nice little jump EOD.
Posted by whiteschmuck on :
buying tomorrow...
ric, still a good buy after this run...?
Posted by youngface on :
I'm not in this but the company looks ok, ceo sounds good. How often do they put out pr???
What caused this to go from .40 to .01 ???
Anyone???
Posted by texvet4 on :
CEO blames naked shorting
Posted by whiteschmuck on :
how do you know this tex?
Posted by kywee on :
read previous pages. also never ask anyone else what to do with your money. thats like saying...uh its like giving it to a stranger and asking if they will come back with it
Posted by whiteschmuck on :
kywee, I said "Hey Ric, do you think this is still a good buy?"
I did not say hey Ric, I'm gonna throw some cash at this stock if you say OK.
I did not say "Hey Ric, do you think I should buy a Saab?"
"Hey Ric, I'm thinking about selling my house, should I use the cash to buy hookers or give my wife a boob job?"
Posted by reidler88 on :
haha,,, wish i could do the last one,,,, both parts of it
Posted by kywee on :
it was not an attack, it was something to think about
Posted by whiteschmuck on :
Kywee, I getcha but, I'm a big boy... I'm not signing my cash over to Ric to play with... Just asking an opinion.
And I do think about it.
Appreciate your thought.
Posted by bingo2005 on :
Someone ask what the CEO said?> --
LoftWerks, Inc. CEO Vows to Conquer Anemic Market; Initiates Cost Analysis on $20M Private Funding; Issues New Mandate for Meticulous Audits and Shareholder Dividends Monday September 12, 9:01 am ET
NASHVILLE, TN--(MARKET WIRE)--Sep 12, 2005 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) CEO Dennis Ammerman announced today that anyone planning to flout LFWK stock in a "shorting position" would do so while bearing the full brunt of every available avenue of sound business development that will render them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman. "They've made a mistake this time, one that will cost them a great deal, and open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value." Source: LoftWerks, Inc.
Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates."
Ammerman issued the scathing remarks and stringent plans for reparations after witnessing for two weeks the deservedly remarkable volume of LFWK clash sideways with the programmed trades and unabashed profiting of unscrupulous small-cap opportunists.
"We're revolutionizing the inner city; we may as well revamp the way it does business," Ammerman concluded.
Posted by bingo2005 on :
Volume's come to a standstill. Maybe MMs stopped filling orders this morning?
Posted by Albireo on :
spoke too soon, finally some small trades.
Posted by Chadsly on :
Just so you guys know ... I'm still in. I've just been unavailable the past couple days. Come on .10.
Posted by betting babe on :
for the record im in here too. cant help but like the company. cant help but wanna loft!
and im not discouraged with the downward move from yesterday. it doesnt seem to take much to move it upwards.
one more bit of positive news itll fly again.
imo. ~BB
Posted by matto on :
somthing is not right every trade for two days hve been mirror until,who ever is done sellig there 100 bazillion shares this is just going to keep dropping.good luck!!!!!!
Posted by Chadsly on :
quote:Originally posted by matto: somthing is not right every trade for two days hve been mirror until,who ever is done sellig there 100 bazillion shares this is just going to keep dropping.good luck!!!!!!
In June, the CEO had 20M shares which was about 97% of the OS. Would you dilute yourself out of most the OS if you knew the company was going to have another $150M in business over the next year? If there is any dilution it won't go over 200M. If the OS was 200M the pps should still be much higher (>.017).
Posted by matto on :
Dont get me wrong i am just frustrated.Have you or anyone else seen a stock act like this for this amount of time? Can anyone explain why this is acting like this?
Posted by Albireo on :
Answer: It's a PINKSHEET security... 'nuff said.
Posted by Chadsly on :
quote:Originally posted by Albireo: Answer: It's a PINKSHEET security... 'nuff said.
LOL
How True!!
Posted by redneck woman on :
Wednesday, September 28, 2005 02:28 ET
FYI -- Sep 28, 2005 (financialwire.net via COMTEX) --September 28, 2005 (FinancialWire) Who is behind stock promotions for Deep Rock Oil & Gas (OTC: DPRK), LoftWerks (OTC: LFWK), Intelligent Security Networks (OTC: ISNT), and Maxxon Inc. (OTC: MXON)? Often but not always, illegal junkfaxes and spam emails are distributed by unscrupulous "pump and dump" promoters without the company's knowledge. see link for full story http://www.knobias.com/individual/public/news.htm?eid=3.1.0a70937b6c0cf4aa47f26f46a1b45446a11efec6986a9999f927ea7a85573758 Posted by betting babe on :
what pink hasnt been in one of those bogus faxes?
they always include legit companies to legitimize the bogus companies they mention...
well, i guess that's why it says "without the company's knowledge"
that's a nice website loftwerks has made too, btw.
~BB
Posted by Albireo on :
picking up activity
Posted by Albireo on :
From Investor Hub Board:
"RE: LFWK INFO THIS is what I was told by Andrew at the company. LFWK share count 200 million A /s 60 million restriced owned by the CEO. and 80 million o/s. And that they had a problem with a Shorter. Now you know what I do. This is the Number to call him. 210-257-5438. Tell him the CEO needs to address this problem pronto. BTW Im still holding and adding on dips. I still thinks this will run to the pennies before all is washed out. JMHO [name undisclosed]"
Posted by bingo2005 on :
This was posted soon after by same person on (ihub)
OMG Sorry on the LFWK number it is 210-257-5438 .
I am at work and can not call
Anyone calling?
Posted by texvet4 on :
Is that the number they are saying is for LFWK?? 210 area code is San Antonio, TX, that's my area code. LFWK is dealing with Detroit lofts. Did I miss something somewhere?? Just trying to put the pieces together.
Posted by Wallace#1 on :
texvet,
That number is probably the lawyer if I remember correctly.
Posted by HossTrader on :
They started off with Detroit lofts, but I believe their new office is based in Nashville. (Not that it is the area code for Nashville, but FYI )
Posted by texvet4 on :
Thanks Hoss and Wallace, I thought maybe I had missed something along the way.
Posted by G_Ho on :
Nice. .004.
Sure glad I held this when it hit .015. I'm a freakin' retard!
Posted by betting babe on :
no G_Ho I'm the true MORON.
finally got so frustrated after trying to sell on a limit order that i changed it to "market"...
and got SCREWED with the .004!!!
doh!
~BB
Posted by Chadsly on :
There's a lot of us still here waiting, G_Ho. Most of us are talking on the iHub website. I'd rather keep chatting here, but no one seems to be as interested without Ricpick here.
Posted by Chadsly on :
quote:Originally posted by betting babe: no G_Ho I'm the true MORON.
finally got so frustrated after trying to sell on a limit order that i changed it to "market"...
and got SCREWED with the .004!!!
doh!
~BB
I didn't even know you could sell at Market on a penny. That stinks, betting_babe
Posted by G_Ho on :
where's I_HUB?
Posted by Chadsly on :
It was posted earlier, so I guess I can post it too.
Lots of buying at 8. Looks like we're going to have a great close to the week (today and tomorrow).
Posted by Chadsly on :
.0065 X .01
Let's Go!
Posted by Chadsly on :
buys coming in at a penny
Posted by goforbroke on :
I poked this one with a stick today and got a glimmer from its eye. Im in for a taste.
Posted by Chadsly on :
lunch is over. Tons of buys coming in at .01.
Posted by OnceApenny on :
Don't know what MM are doing, but this one stinks a little bit. I have over 2 days a sell order at 0.0085 and still isn't filled. It seems to me you can only buy.
Posted by Chadsly on :
quote:Originally posted by OnceApenny: Don't know what MM are doing, but this one stinks a little bit. I have over 2 days a sell order at 0.0085 and still isn't filled. It seems to me you can only buy.
If you leave it there, it will probably fill before the day is out. We are going to run into the weekend.
Posted by betting babe on :
ditto, but a word of advice... don't try to sell it at market.. see my post above! ~BB
quote:Originally posted by OnceApenny: Don't know what MM are doing, but this one stinks a little bit. I have over 2 days a sell order at 0.0085 and still isn't filled. It seems to me you can only buy.
Posted by Chadsly on :
It cracks me up when people want to buy at the bid and sell at the ask. That's not how it works folks.
Posted by Albireo on :
Exactly... When you go to buy eggs at the grocery store you don't demand wholesale prices, you pay whatever the grocery store owner wants you to pay, no ifs ands or buts (unless you buy the eggs directly from the farmer, or unless you are the egg farmer...)
Posted by betting babe on :
if it makes u feel better i had gone as low as setting my limit at .007. it never sold.
i never imagined "market" was at .004
but at least it cracks you up. ~BB
Posted by OnceApenny on :
Yeah, that's what I mean. They keep the spead big. I don't hope this is a tricky way for dillution.
Posted by Albireo on :
Countdown: 5, 4, 3,... (Bought ready to burst, get in while you can, subpennyland might be gone forever)
Posted by bingo2005 on :
Good Luck everyone - too busy to keep up with this crazy and fast moving stock.
I hope by poking this one I get a nibble from the big fish!
Posted by OnceApenny on :
Oke, I like this company and the outlook seems to be very good. But I hate the way those MM dogs do the b/a spread. You can buy at 0.01 but if you wanna sell the bid stays at 0.004/0.005. So be cautious with this one cause MM's kills this stock.
Posted by OnceApenny on :
200 signal from MMs this morning. Someone needs some shares. Watch the bid stay low for a while and perhaps the ask will come down too.
Posted by Chadsly on :
Another buy at .01.
Posted by reidler88 on :
does anyone know the BxA for this???
Posted by Albireo on :
I believe it is .005 x .01, but from the looks of the trading, you can only buy shares at .01, with selling prices ranging from .005 to .0085 thus far. If you look at the RSI and MACD 1 to 3 month charts, I think you'll see that this is likely to breakout very soon.
Posted by Chadsly on :
We're looking for that breakout in the middle of next week. It will take today and early next week to set the stage for a good run.
Posted by stockmover on :
I hope the run comes soon, for now its starting to look like a bloodbath for me.
Posted by matto on :
RUN FROM THIS!!!! That is only my opinion.
Posted by RagsToRiches on :
anyone saying thank you TraderTom this week?
Posted by Chadsly on :
I know you're trying to make fun of the stock, but I believe we will be thanking him. Like I posted on the last page, we are setting up very nicely for next week. Some people think we're getting news early next week. I'd love Dennis to come out and give us some financials, but it's pink and it can't be expected.
I'm glad ricpick was able to turn this into basically a triple early this week. Our time will come too.
Posted by RagsToRiches on :
sorry no harm intended...couldn't resist the temptation...LFWK just got evened today...looking good...
Posted by kywee on :
how can you make fun of it when it went from .006 to .018?
Posted by Albireo on :
Exactly, well said... A PR early next week would be very appropriate and timely considering that today is the end of a quarter. Plus, the last PR was on Sept. 12, a MONDAY 3 weeks ago. Hopefully, Dennis has been watching the stock's movement (and lack thereof at times) and has come up with an appropriate plan of attack at getting the PPS up.
Posted by Albireo on :
BIG BOY trades are funneling down the pike now, space shuttle might take off soon.
Posted by Albireo on :
Good idea to get in today before the potential for news Monday morning. Even a small position may be a wise choice IMO.
Posted by Chadsly on :
Looking for a good start to this week.
Posted by Chadsly on :
buy at .010 with a mirror at .009. We may have gapped up a little.
Posted by Chadsly on :
People keep hitting the ask. We might have a great run today.
Posted by Chadsly on :
We're gonna go. .0085 X .009
Posted by texvet4 on :
looks like we're back to square one for now
Posted by Albireo on :
This is gonna breakout sometime very soon IMO. MMs will be caught with their pants down, button missing, and zipper off-track and will be pleading for shares.
Posted by Chadsly on :
quote:Originally posted by Albireo: This is gonna breakout sometime very soon IMO. MMs will be caught with their pants down, button missing, and zipper off-track and will be pleading for shares.
It may be soon. We're back at .01.
.007 X .01
Posted by STOCKMOVER on :
Can someone explain to me why the price keeps going up and down, and I have a sell order in but its never filled. Recently only a few of my shares filled. Nothing worth even talking about actually. Any insight would be appreciated.
Thanks,
Posted by Chadsly on :
quote:Originally posted by STOCKMOVER: Can someone explain to me why the price keeps going up and down, and I have a sell order in but its never filled. Recently only a few of my shares filled. Nothing worth even talking about actually. Any insight would be appreciated.
Thanks,
The bid was at .0085 earlier today. Do you have an AON order?
Posted by STOCKMOVER on :
What does AON stand for? I am still learning.
Thanks,
Posted by HossTrader on :
AON means "All Or None" It makes the whole fill, or it doesn't buy any. As for the why it is moving the way it is, I couldn't tell you.
I am not going to get too excited until it gets back over .01 again.
Posted by STOCKMOVER on :
HossTrader,
Thanks. I don't have it set that way. I will have to look into that.
Posted by rickpic on :
[ October 03, 2005, 14:37: Message edited by: rickpic ]
Posted by Albireo on :
A close at .01 would be a great way to start out the week. There's gotta be PRs coming down the pike cause this company's got so much going for it and the shareholders need to be kept in the loop.
Posted by Chadsly on :
Unmatched buys coming at .01. Keep an eye on it today, we could move at any time.
Posted by STOCKMOVER on :
What caused this to drop to .0055? Does anyone have L2 on this?
Thanks,
Posted by reidler88 on :
closed at .01 today i am hoping some news comes out soon,, to keep this up,, instead of bouncing around so much
Posted by youngface on :
I was going to buy some of this but the thing bounces all over. I think I'll try .0055 just for kicks and see if they drop down and grab it.
Posted by HossTrader on :
This stock is so oversold it is amazing. and if the ceo follows through with audited numbers and even the reference to a dividend.... look out!
Posted by youngface on :
I was out on the lake tonight after work with a girl friend, went past town and there are all these condos, lofts, big buildings looking over the lake and all I was thinking was $$$$$....Big bucks!!! and this stock... add to that a little hanky panky and I'm thinking this..I should Invest... I'm going to jump in here some where... 005 would be great!!!
Posted by dc_wonder on :
quote:I was out on the lake tonight after work with a girl friend, went past town and there are all these condos, lofts, big buildings looking over the lake and all I was thinking was $$$$$....Big bucks!!! and this stock... add to that a little hanky panky and I'm thinking this..I should Invest... I'm going to jump in here some where... 005 would be great!!!
youngface... i wish i could see the same things but right now i can't even give my shares away let alone sell them.
Posted by Chadsly on :
What's you sell in for? I'm sure I can round up enough people to take them from for a good price.
quote:Originally posted by dc_wonder:
quote:I was out on the lake tonight after work with a girl friend, went past town and there are all these condos, lofts, big buildings looking over the lake and all I was thinking was $$$$$....Big bucks!!! and this stock... add to that a little hanky panky and I'm thinking this..I should Invest... I'm going to jump in here some where... 005 would be great!!!
youngface... i wish i could see the same things but right now i can't even give my shares away let alone sell them.
Posted by Chadsly on :
Great news. We've been watching LGTD sell shares for the past week. He finally moved off the ask to .02. We could be heading up.
Posted by dc_wonder on :
i guess we'll see...
for now ill take my finger off the sell button and wait it out a little longer.
Posted by Chadsly on :
ask up to .015
Posted by dc_wonder on :
we need to get some volume
Posted by Chadsly on :
buys at .015
Woo - Hoo
Let's get the train going.
Posted by texvet4 on :
hard to get volume with that spread
Posted by Chadsly on :
buys still coming in.
Posted by betting babe on :
up 150% huh? fat finger?
~BB
Posted by Chadsly on :
No, it's not a fat finger. They moved the ask up to .015.
Posted by betting babe on :
nice! weird stock this one.
GL Chadsly!!! ~BB
Posted by 4Art on :
0.0061 now...
Posted by Chadsly on :
The .0061 is a matched trade. The current spread is .006 X .015. The ask moved fast. the bid is slowly creeping up.
quote:Originally posted by 4Art: 0.0061 now...
Posted by dc_wonder on :
what the heck is going on with the MM's today?
Posted by reidler88 on :
wish i had some extra money to buy at the .015 to try to keep her up there,,,
Posted by Chadsly on :
Once the volume gets large enough and they bring up that bid, we're going to fly.
LGTD has been selling at about .009 for the past week (at least). He finally got off the ask and is strictly on the bid now. It seems that he is really in control, yet out of shares.
Posted by dc_wonder on :
next week would be nice for some news from Ammerman
Posted by HossTrader on :
LOL Back to .01 This stock trades like a drunk trying to walk a straight line.
Posted by dc_wonder on :
lol that was a great description, very true though
Posted by dc_wonder on :
back down to .0051 lol, it can't make up it's mind at all...
any news next week or any serious buying interest and i think we can see a nice run
Posted by HossTrader on :
Let's hope to hear something from the CEO this week.
Posted by Chadsly on :
Certainly would be wonderful.
quote:Originally posted by HossTrader: Let's hope to hear something from the CEO this week.
Posted by dragonsmoke on :
Does anyone think this one will swing back up again?
Posted by dc_wonder on :
if we can get the right volume we can swing back up IMO
Posted by HossTrader on :
Definitely. But it will take some kind of news to bring in any volume.
Posted by Chadsly on :
LOL It'll come. Just be patient. Don't you hate it when people say that?
Posted by dc_wonder on :
there was no news today but it still brought in 3.3m
Posted by dc_wonder on :
IMO yesterday we just had a rough day because it was a holiday, i think this is looking good to make a nice reversal
Posted by Wallace#1 on :
Damn bid goes down to .005/.0051 or below and I still cannot get bought.
Posted by Chadsly on :
BxA is .0065 X .0070. A good day in volume with about 4 million so far. This is the tighest the spread has been since the last mini-run. Keep your eyes peeled tomorrow because this could make some quick moves.
Posted by Albireo on :
Anyone gonna watch this one today? There hasn't been any company news since Sept. 12, and people have been expecting more news for weeks. Once the short seller has been taken care of, this thing should snap to life. As of last week, O/S is said to be 84 million (24 mill in the float).
Posted by STOCKMOVER on :
Albireo, I will be watching this closely today. I have been waiting for news for a while now. I would like to see this in the green.
Posted by Chadsly on :
the axe (LGTD) is back to .01. Keep your eyes peeled.
Posted by HossTrader on :
This is actually getting some volume today.
Posted by Chadsly on :
.008X.0085
Posted by OnceApenny on :
Hope the 0.005 - 0.01 playing is over. We should try the penny - dime range for tomorrow.
Here some news:
Downtown’s Ambrose Building undergoes transformation By Don Mooradian, dmooradian*nashvillecitypaper.com October 21, 2005
Downtown’s Ambrose Building is being converted to accommodate condominium units and office/retail space. File photo. Work has begun on the conversion of downtown’s Ambrose Building into a mixed-use office, retail and residential development, with 13 of the 21 loft condominium units already sold.
The project is a joint-venture partnership between the owners of the building, Ambrose Associates, and loft developers Charles Loveman and Dennis Ammerman.
Chris Grear, of NAI Mathews Partners, brokered the arrangement and estimated the project’s value at about $6 million. Completion of the units is expected in July 2006.
Village Real Estate Services, the broker for the condo sales, has suspended sales on the remaining eight units until the beginning of 2006 in order to re-evaluate market conditions, Grear said.
In addition to the living units, the four-story structure, located at 162 Fourth Ave. N., will have about 3,900 square feet of street-level retail space and 13,000 square feet of office space on the first floor and basement levels.
The retail and office portions are 100 percent leased to The Chile Burrito Company, Subway, DSI Document Solutions Inc. and Dr. Thomas W. Nabors.
Shaub Construction Co. Inc., the project’s general contractor, is scheduled to begin renovation of the second- and third-floor interiors of the structure, built in 1905, within the next week.
The Innovations Group LLC, in Franklin, is the architectural firm for the project, with consulting from Nashville architect Rob Cochran.
Anyone know whats going with this stock? If you have the L2's please post also.
Thanks,
Posted by trc4949 on :
I think LFWK is coming pretty close to a big move even though things seem very quite right now..
the chart still has a very bullish setup even after everyone forgot about it..
MACD histogram is about to cross above the zero line..
we have a double bottom, a flat base and volume spikes showing accumulation..
the low float is a plus too..
this one will be hard to buy once it starts moving because of the few available shares and the fast movement..
but for now it is quiet and warming up for a breakout IMO.
Posted by trc4949 on :
one other thing I should mention is that the bollinger bands are extremely TIGHT.
about as Tight as they were in SWKJ before it went from .02 to .13
Posted by trc4949 on :
probably tired of hearing this by now.. but I just got done reviewing all my charts...
and despite all the seemingly bearish implications of daily price action, there is absolutely zero doubt in my mind that we are really approaching a critical turning point in this stock lfwk.
we have so many positives going forward its not even funny anymore..
we have january effect coming up..
bullish thanksgiving...
broad market about to zoom to new all time highs..
we have a bullish divergence on the weekly RSI chart..
we have a triple bottom..
we have diminishing volume that has trickled down to almost nothing..
they dying volume is very bullish. you can draw a trendline over the volume bars and it really shows final sellers getting weeded out..
it also looks like november will be the first positive monthly price bar close in a long time..
weekly macd histogram is about to cross above zero line on livecharts.com
daily macd histogram is still very close to crossing above zero line... ( to give you and idea of how bullish this is, take a look at the what happened when the opposite situation occured in macd histogram. LFWK plunged from .35 to .03 , that happened after macd histogram crossed BELOW the zero line.. now the opposite is about to happen, this time we are about to cross above the zero line and the timing suggests it will happen right around thanksgiving, but could happen earlier.)
the 8 day moving average is about to cross above the 21 day moving average for only the second time ever.
the moving average rainbow chart is about to cross over bullish..
the other bullish story as i mentioned earlier is that we are not in a downtrend! moving sideways which shows accumulation.
i know we need a PR, but the chart will tell you when the PR will come out! the chart is saying the PR will come out soon, probably before or around thanksgiving..!
i think all of us are going to get very fat by thanksgiving..
buy low and sell high.. no one can accuse us of buying high here for sure! this is buying very very low!
the bollinger bands truly are tighter than a donkey's ass! never seen them so close together!
this stock is an absolute steal at .003 !
Posted by trc4949 on :
the chart to watch!!
Posted by trc4949 on :
this new chart shows that LFWK will breakout in a big way by thanksgiving.
watch this one closely!!!
Posted by Steela on :
Nice chart. Where did you get it from? What has been your past experiences of both success and failures with the chart? Thanks for sharing.
Posted by cyclekitty1 on :
Thanks for the charts trac4949, I'm sure something is going to happen with this stock, just handging loose till it does. Good Luck!
Posted by rickpic on :
nice chart and the volume is coming in!
Posted by kywee on :
yup, ive got my shares, this thing is ready to do
Posted by WarpedMind on :
I'll keep an eye on this one... no funds right now. Posted by rickpic on :
Highest Volume its had in a month and it does look ready to move again!
Posted by kywee on :
.004 good price to get in
Posted by rickpic on :
It didn't take long to make those .004 asks go away! Posted by rickpic on :
Somethings brewing here, because the volume yasterday and this am is way up from the past months volume! Maybe theres a PR coming and somebody got wind of it!
Posted by rickpic on :
BID is now .004 x .006 Posted by kywee on :
i flipped it today for some cash, going to get back in lower
Posted by CD's Money on :
will this dip back below .04 today?
Posted by rickpic on :
ask is at .007! Nice move up going on here!
Posted by rickpic on :
Maybe they are about to launch this series!
Posted by rickpic on :
Looks like they have a good line up of sponcers for the Loftwise TV series
Posted by rickpic on :
Now up 37.50%
Big board on IHUB for this one and those guy seem ready to rally today!
Posted by rickpic on :
another up-tick .005x.007
Posted by WarpedMind on :
I put in a bid for 12500 at .004 (I know it's only 50 bucks... but it's 50 bucks I don't even have!)
Looking at L2s, do you think I have a shot? Is there a long line of buys ahead of me? Hopefully the price will dip enough for me to get it.
Posted by rickpic on :
buyers are coming, if not today than Monday for sure! Posted by kywee on :
i bought this at .0035 on the bid yesterday and sold today. should held it past .004...
Posted by rickpic on :
nice now its up 50%
Posted by stockaholic on :
Man, had a buy in at .005 and still didn't fill. Guess I sit this out. Up to .006
Posted by rickpic on :
just the begining this stock has been due for a run!
Posted by rickpic on :
somebody just got a nice lil discount! Posted by WarpedMind on :
this is back down to .004. but my TDW account doesn't show bid and ask (both show "N/A") Can someone tell me what L2s are at? Can I buy at .004 or should i bump it up?
Posted by WarpedMind on :
rick, what was that "discounted" buy at? I need to figure a buy price.
Posted by rickpic on :
BID .004 ask .006
Posted by rickpic on :
well somebody just put 50k at an ask of .005 and that got snapped up in a N.Y. second and the ask is back at .006
Posted by WarpedMind on :
Woo hoooo! I just got 50k at .005.
Thanks for the help Rick. I would have sat at .004 longer otherwise.
Posted by WarpedMind on :
Hehe. That was me Rick. Posted by stockaholic on :
Wow, went to lunch and came back to a partial fill of 232000 at .004!! Just left it there for the hell of it and got some. Still have another 118000 sitting. Let's move!!
Posted by WarpedMind on :
Darn. I guess I need to learn patience.
Posted by rickpic on :
thats ok because the last time this ran I got in at .005 and out at .009 and the thing just kept right on running all the way to .02 Posted by WarpedMind on :
What is the resistance level for this stock that we should watch for the breakout?
Posted by rickpic on :
it was .006 but it made it to an ask above that already today!
Posted by stockaholic on :
Looking forward to the move now. But still kind of hoping for that other 118000 to get filled. Don't know of I'm quite that lucky. Posted by trc4949 on :
here is the updated chart of LFWK... still looking very good for a breakout during thanksgiving week or the monday after the holiday....
to answer the question: the chart is from Etrade poweretrade platform..
and my experiences with the macd histogram crossing above zero line as a breakout indicator are very good.
I have made more money with this indicator than any other I have ever tried.
Posted by WarpedMind on :
Looks great... thanks for the charts! How do you think it'll run on the breakout? Is there a defined resistance level we'd be looking at?
Posted by rickpic on :
news is out! Posted by trc4949 on :
Well it has been tough for me to find a clear resistance line.
but the first major major hurdle is to break the .01 long term trading range line..
once that is done then we have that as support and then the next one I see is .03
.03 could offer a reason for a little selling and some pullpack to provide support for the run above .03
past .03 I really do not see anything holding this one back...
my conservative target is .05 for this one... and aggresive target is about .09
Posted by rickpic on :
LFWK to Commence Two New Renovation Projects in Nashville Area as New Funding Arrangement Creates Opportunities 11/18/2005 2:06:28 PM NASHVILLE, TN, Nov 18, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announced its plans to begin two additional urban renovation projects in Nashville. These projects are a refurbishment of a single large office building into approximately fifty condominium units, and the renovation of several adjoining buildings into residential units. Both of these projects will include retail and commercial space on the ground floors. The combined value of the two projects is estimated at $50 million dollars.
These two projects follow the Ambrose Building renovation in Nashville, which is nearing completion. "The impact of these three projects truly puts us in the forefront of the effort that is right now transforming downtown Nashville," said LoftWerks CEO Dennis Ammerman. "Our original idea is working as ever, and is creating a magnet for bringing life to the downtown area. We're creating a community where people truly desire to live, because of the lifestyle it offers."
This announcement comes on the heels of LoftWerks' procurement of a $20 million dollar, third-party funding arrangement for use in project development. This loan, obtained through the efforts of Consultech Construction and its Director-General Petar Vucicevich, will be used to implement various aspects of LoftWerks' overall concept of advancing the revitalized urban lifestyle. "These three projects, and the use of private, third-party funding, are indicative of the approach we've forseen for years. It is crucial to our task of increasing shareholder value," said Ammerman. "Despite recent market conditions, we are confidant that our approach to third-party financing will instill shareholder viability in the long run, and will allow us bring all of the segments of our overall urban lifestyle vision to the public."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
its ready to go, i got back in today
Posted by WarpedMind on :
Cool! Back up 50%!
Heh... don't bother checking out the image... just a headshot of some guy (I assume the CEO).
Thanks for those points trc. Please keep us posted as you gather more data. I appreciate your help.
Posted by kywee on :
MMs mirroring almost every trade
Posted by WarpedMind on :
Sounds like you got in just in time kywee... how price did you get in at?
Posted by kywee on :
i just went for .006. i figured even if it doesnt go up, i can sell at the ask and only lose commission. this stock is so predicatble, so im not worried, plus i made cash today on it by flipping it
Posted by WarpedMind on :
very cool!
What is mirroring a trade? I've seen that term a few times.
Posted by kywee on :
when the MMs match a buy with a sell for the same amount of shares or vice versa
Posted by WarpedMind on :
why do they do that? what is the thinking and effect behind that?
Man, .006 is strong resistance... doesn't seem like we can quite break through it. Come on... break... break... BREAK!!!
Hey, uh... somebody go and put $5k at .0006. We'll all thank you. Posted by kywee on :
im not sure why. im sure someone here does
Posted by rickpic on :
all I know is its a $50m PR on top of telling us they have almost completed the prior building project and the total shares ever traded is still under 200 million! This is a nice price right here!
Posted by stockaholic on :
Where are all the buyers?
Posted by rickpic on :
word of the PR is still spreading! Monday should be a very interesting day!
Posted by stockaholic on :
Can't wait. I got lucky on this. Let's run!
Posted by stockaholic on :
Well, I got the other 118000 of my earlier order at .004
Posted by WarpedMind on :
Nice job. Dang, wish I stayed at .004 too. No matter, I'm very happy I'm in with .005. The difference in price is negligible.
Posted by stockaholic on :
True...Still a good price to be in at. Monday looks like it will be a great day. They're finally tightening up that spread a little too.
Posted by stockaholic on :
Well, maybe not LOL! Geez this trades weird. Hopefully, it will pop Monday. Have a great weekend! Off to job #2
Posted by kywee on :
shoulda kept my .0035 bid, proly would of got filled, o well
Posted by rickpic on :
MORE NEWS!
LoftWerks, Inc. Moves Forward: Additional Projects Underway in Nashville 11/21/2005 7:57:41 AM NASHVILLE, TN, Nov 21, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) announced its plans to begin two additional renovation projects in Nashville. These projects are a reformation of two entities: (1) a single large office building restructured into approximately fifty condominium units, and (2) a multi-structured renovation of several adjoining buildings into both residential and commercial facilities. The combined value of the two projects is estimated at $50 million when lease options, revenue sharing, and the available and pursued tax credit benefits are considered.
These projects coat-tail the Ambrose Building renovation in Nashville, which is nearing completion. "The impact of these three projects truly puts us in the forefront of the effort that is right now transforming downtown Nashville," said LoftWerks CEO Dennis Ammerman. "Our original idea is working as ever, and is creating a magnet for bringing life to the downtown area. We're creating a community where people truly desire to live, because of the lifestyle it offers."
This announcement comes on the heels of LoftWerks' successs in the private funding arena. A $20 million, private debt arrangement for project development was recently obtained through the efforts of Consultech Construction and its Director-General Petar Vucicevich. "These projects, and the use of private funding are indicative to the approach we intend to take from now on," said Ammerman. "We are confident that our funding approach will create shareholder value in the long run, and will allow us to develop the gamut of our overall vision as an organization."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise Its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Copyright 2005 Market Wire, All rights reserved.
Posted by kywee on :
bid is up this morning .0045
Posted by rickpic on :
I'm buying today! I have a funny feeling that a dividend and more PR is coming soon! You have to read through the old PR's to see what I'm thinking, but my gut says get in, so thats what I doing!
Posted by trc4949 on :
if anyone is interested I drew up a few more charts of LFWK and a very interesting comparison to an OTC BB Stock.
the patterns look the same, and a prediction can be made on LFWK's future movement based on the other one..
[ November 22, 2005, 08:33: Message edited by: rickpic ]
Posted by WarpedMind on :
I hope one of those four things comes up in a press release soon.
Has anyone had any contact with these guys for an update of some sort?
Posted by YankeeAce5 on :
Howdy, I recognize some of you from iHub. Just thought I would drop in here to see if there was anything different. I'll try to post my comments on both boards if I can find the time. Keep up with the good work this is a decent board.
Posted by WarpedMind on :
Welcome Yankee... yes, this is a decent board. Everyone here is pretty respectful and cordial... and some actually know what they're talking about! Posted by STOCKMOVER on :
Does anyone know why my orders to buy are never filled. I have it set at .003
Thanks,
Posted by rickpic on :
the 0034 ask on this stock is just about giving it away! Read through the DD here and check this one out because its worth a hell of a lot more than this PPS!
Posted by rickpic on :
200m A/S give this a total value of $680k or less right now! Look at the assets and pending projects here!
the ask is moving up again on very light volume! Keep an eye on this!
Posted by YankeeAce5 on :
OT: Anyone looking for a short term flip might want to check out WITM. Yes, I do own some myself. My prediction is that they will release a key PR within the next few days concerning the company’s acquisition of the Bates-Hunter Mine in Colorado (previous releases stated 30 November as the decision date). They have already posted pictures of the mine and equipment on their website. I would highly doubt that a company would do that without intent to actually purchase the property. They have included maps of the mine shafts as well which can be used to track dewatering and exploration progress. There are other aspects of the company as well but this is the most lucrative part. Check it out and post and comments that you may have on the WITM iHub board. GLTA.
Posted by rickpic on :
LFWK is up 45% and looking good!
Posted by WarpedMind on :
Come on LFWK!
Posted by rickpic on :
The ask is getting hit with buys and thats a good thing!
Posted by stockaholic on :
Does anyone know an approximate timeline for some of this news coming? I know they have a lot of good news to release soon. Any idea when we may start to see it?
Posted by rickpic on :
one of there old PR'S says Q3 05 and we are in Q3 so I would guess anytime! Not so far off IMO!
Posted by stockaholic on :
Thanks! I know you've done a lot of DD on this rickpic. I appreciate it. I'm honestly riding your coattails on this one. I've done a little work on it but not much. Hope you don't mind. Posted by rickpic on :
This is dirt cheep for a stock with less than 200m O/S actualy thats the A/S thats 200m so I think your ride will be worth while as an end result!
Posted by stockaholic on :
That's what sold me on it. It moves with the slightest touch too. With the O/S under 200 mil, I'm surprised a group doesn't pick it up.
Posted by rickpic on :
your right its a very fast mover when it moves and I smell a major PR or forward split or something. Just from reading the past PR's you get the sence that the CEO means buisness and isn't gonna take any crap from the market!
Posted by rickpic on :
a major discount just set itself up here take a look!
Posted by rickpic on :
and here come the buyers! Posted by rickpic on :
.0025 close x 200m A/S = $500,000.00 does this make sence to you?
I've done a bit of additional digging here and come up with both a picture of and the listing price of one of the buildings being renovated by Loftwerks. Its the Ambros Building (nearing completion)as you will see at the links I provide it was listed for $2.4 million dollars and it is in the heart of downtown Nashville
364k traded and its up 40% it takes very little volume to move this stock
Posted by rickpic on :
I agree with this poster from IHUB and I also feel that this is the kind of company that we should all be behind, ones that don't bend over for the market and shell out billions of shares to get noticed. I may have to wait for a buck here, but its worth it to be in a stock thats not shelling out and dumping shares! The A/S tells the whole story here!
Posted by: Art2Gecko In reply to: rainbow898 who wrote msg# 4097 Date:11/30/2005 1:09:21 PM Post #of 4105
yeah.. it probably doesn't trade like most POS scams, because there's no promoter granted 100MM shares or whatever to pump the thing on boards, faxes and emails....
just lil' ol Denny buying up buildings, carving them up into luxury lofts and selling them at a couple hundred K a pop....
Posted by rickpic on :
As long as the A/S stays at 200m shares, I'm giving this stock my vote for safest pink sheets investment. The upside is great!
Posted by rickpic on :
gotta love this boy was this cheap a few days ago! Its still a cheap low floater!
Posted by rickpic on :
LoftWerks Advances New On-Line Catalogue Venture: Design Selections Underway for Contemporary Furniture Line 12/2/2005 1:23:42 PM NASHVILLE, TN, Dec 02, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) announces today that it has teamed with an interior design company to begin organizing the various furniture lines for its LoftWise furniture and fixtures catalogue. Thus far, over 30 unique, contemporary and modern lines are being considered. Many of the manufacturers are either new to the U.S. market or have only very limited products at select retail centers. These lines are from around the globe and will present the current and future trends in home furnishings. "Our criteria is to offer complete design selection to both the urban dweller and/or contemporary or modern home owner. The look and design of these pieces, from couches to tables to lighting, are unlike anything else on the market," said Dennis Ammerman, CEO of LoftWerks.
The introduction of the furniture line and the accompanying catalogue are part of LoftWerks' overall strategy of promoting and developing the complete new urban lifestyle. "As we have developed our urban revitalization projects over the last several years, we have noticed a real lack of any coherent and easily accessed source for the urban loft dweller who is seeking furniture and fixtures uniquely suited to the new urban lifestyle," said Ammerman. "We want to be the cutting-edge destination for those folks who are pioneering the revitalization of the new urban landscape."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
username: tradevideo password: volume
Posted by WarpedMind on :
Awesome video... very educational for me. Thanks! Giving you 5 stars (and a donation in the future)
Posted by dc_wonder on :
i didn't get a chance to listen to the whole thing but i think you have to keep in mind that comparing stocks is sometimes difficult, although charts my be the same financial, industry, and even company sitautions may be a big variable in determining the way a stock can go.
for your first video though, good job, in the beginning you didn't sound like you had a lot of confidence but you gained it as the video went on.
Posted by rickpic on :
It should be an interesting week here and good job on the chart break down AAA! Posted by rickpic on :
Bid building and Ask rising! Trend lines should cross today! Posted by stockaholic on :
Nice work trc!
Ask at .006! Primed for an awesome week! get that bid raised!
Posted by rickpic on :
bid is rising again! Posted by texvet4 on :
.002x.0029
the bxa is really tightening up. Nice not to see a huge sperad for once, would rather see .02x.029 though
Posted by rickpic on :
.0028x.0035 looks a lot better now! Posted by rickpic on :
.003 x .0035 this sucker is on the launching pad!
They took out all the small fish when they brought it down and now look out above!
Posted by rickpic on :
.0032x.0035 and they are walking it up just like I thought! Posted by rickpic on :
.0025x.0045 ask moving up and bid moving down! Hmmm!
Posted by WarpedMind on :
That's a really huge spread... what does that mean? how do we interpret that? does the big spread indicate that they are discouraging buys?
Posted by rickpic on :
Yes WM but they have now brought it together again at .0025x.003
Posted by rickpic on :
.0029x.0033
Posted by stockaholic on :
Spread tightened it up a good bit today. Nice volume too. Think it's getting more and more attention every day.
Posted by WarpedMind on :
trc, will you be updating your site? what are your reactions to today's activities?
Posted by trc4949 on :
well I will probably update it in the morning as trading starts..
honestly not that much changed today..
lfwk still has a breakout signature, but the thing seems to want to wait until that absolute last minute to do so..
we really need to get over .006 which is what I am waiting for..
a little dissapointed we didnt move big today... but I sure do hope this week we at least show some real sign it wants to run for real
Posted by stockaholic on :
Closing the gap on that spread now! Maybe they're finally ready to let this go. .0033x.0035 Looking better every day!
Posted by rickpic on :
There are a number of people reporting publicly that they are accumulating this stock, so keep an eye on it!
Posted by trc4949 on :
Great video, once again, trc. So do you think the resistance will be at .02 when this runs? Or do you think it could easily break past that? How strong is the resistance? Where is the strongest definable resistance?
Posted by rickpic on :
Nice video and the volume is up this AM giving some indication that you are on target
Posted by OnceApenny on :
Nice video, but still no breakout. Who is selling ??????????? for several months now.
Posted by WarpedMind on :
trc, any updates coming up? I'd like to hear what you think.
Posted by stockaholic on :
Up 140% but the bid/ask is never close enough to get it moving. What's it going to take for this to tighten up and start to trade normally?
Posted by rickpic on :
LoftWerks and Consultech Forge JV Progress: Initial Venue Finalized for Frankfurt, Germany 12/13/2005 12:22:02 PM NASHVILLE, TN, Dec 13, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announced that its joint venture agreement with Consultech Construction Management, Inc. has identified its first project venue. The site is located in Frankfurt, Germany, and will be managed by Consultech corporate officials located there, along with Dennis Ammerman, CEO of LoftWerks, Inc. as lead consultant. This project is a large, residential multi-unit housing facility where an estimated 140 single-family units will emerge from the restoration process of an abandoned, multi-building complex. "This project serves many purposes for LoftWerks," said Ammerman. "Primarily, we will showcase our design techniques and accessories that accentuate the European aspects of the same type of facilities that we have built in the United States. The fact that we are able to complete this project here, legitimizes the scope of our revitalization ideas that we have used in all of our domestic projects."
Posted by gohigh on :
LFWK is so thinly traded, I'd imagine it's hard to get in and out of. Was anybody able to take a profit over .005 in this thing? I've been trying to buy in and the last just went below my bid. We need a little more liquidity here.
![[Smile]](smile.gif)
![[Eek!]](eek.gif)
![[Wink]](wink.gif)
![[Cool]](cool.gif)
![[Confused]](confused.gif)
![[Big Grin]](biggrin.gif)
)
![[Mad]](mad.gif)
![[Frown]](frown.gif)
