This is topic WALKER FINANCIAL >>>> WLKF >>> LOW FLOATER >>>> BOUNCE BACK ! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/024875.html

Posted by BENJAMINS on :
 
CHECK THIS ONE OUT, BEEN WATCHING IT FOR A FEW DAYS NOW,.... RADAR IT.
 
Posted by BENJAMINS on :
 
FLOAT ON THIS IS 10 MILLION, SHOULDN'T TAKE MUCH TO MOVE THIS BAD BOY. 52 WEEK LOW IS .008, DO YOUR DD , AND GET IT WHILE ITS CHEAP!
 
Posted by BENJAMINS on :
 
UP 25% ,..... watch this closely. ARCA is going to get off the ASK , good candidate for an aggressive bounce back!
 
Posted by greenman on :
 
Its also on the SHO list.
 
Posted by trc4949 on :
 
I like WLKF

i think it will be the next AXGJ !!
 
Posted by greenman on :
 
Getting some volume here. Up 20%.
 
Posted by trc4949 on :
 
last 15 minutes of trading on this one will set the stage for how this week will play out
 
Posted by greenman on :
 
I just wish I knew when this is coming off the SHO list. I'm in *.012 for a small position, will add more if it dips.
 
Posted by BENJAMINS on :
 
This company is looking good in every analysis, Balance sheet is looking good, Chart is great. FLOAT IS VERY LOW ! Been moving up slowly since last week, yesterday showed strong rally and buys, this may just pop today.
 
Posted by trc4949 on :
 
just added today... I can see WLKF trading at .06 EASY soon
 
Posted by BENJAMINS on :
 
This company was trading for over .10 a month and half ago, ....and for no apparent reason they killed it to .008. This one is poised to move big, one of the good thing I like about it is the FLOAT !!!
 
Posted by BENJAMINS on :
 
Perfect time for those waiting on the DIP to get in now.
 
Posted by trc4949 on :
 
I agree benjamins, and you notice how no one seems to care?

I just updated all my technical charts on WLKF and it only re affirms my belief that we are at a major LOW.

This one is going to ROCKET!

it is in my opinion the next AXGJ, and I started that thread too!

WLKF may take a week or two to truly start its rocket launch but that provides plenty of time to accumulate!
 
Posted by EverGreen on :
 
great chart bottom
what i don't like is the SB2 for 56m shares

it depends how the MM want to play it
they can create a big volume and dump during the spike
or can sell slowly
 
Posted by greenman on :
 
No interest today either. I will add more if it dips to .01 or below.
 
Posted by will on :
 
I like it Greenman.

Lot of volume lately, price depressed, early this month was at .023.

O/S : State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: There were a total of 15,945,220 shares of the registrant's common stock, par value $.0001 per share, outstanding as of August 8, 2006.

That's enough to justify buying it at .01 right there. 15.9M O/S !

FORM 10 : http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001231742%252D06%252D000599%252Etxt%26filepath%3D%255C2006%255C08%255C14%255 C&symbol=WLKF

Balance sheet looks likes sheet, but what penny's doesn't?

CHART : http://stockcharts.com/h-sc/ui?s=WLKF&p=D&yr=0&mn=3&dy=0&id=p99291935889

RECENT NEWS : http://finance.yahoo.com/q/h?s=WLKF.OB

I can see it bouncing back to .03 soon.
 
Posted by will on :
 
That SB-2 is from 5/8/06. Looking back at volumes I would agree it is not all absorbed yet, but some has been sold.

We saw AVVW run for a 70% from bottom today with a SB-2 for 291M sahres open.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001231742%252D06%252D000325%252Etxt%26filepath%3D%255C2006%255C05%255C08%255 C&symbol=WLKF

quote:
Originally posted by EverGreen:
great chart bottom
what i don't like is the SB2 for 56m shares

it depends how the MM want to play it
they can create a big volume and dump during the spike
or can sell slowly


 
Posted by greenman on :
 
I was out this afternoon and didn't catch the dip but I will buy more tomorrow...I think.
 
Posted by trc4949 on :
 
just like greenman, I will be adding more at .01 and below..

chart is setting up just like AXGJ did.
 
Posted by trc4949 on :
 
 -
 
Posted by greenman on :
 
I was watching this morning. 3 trades went through for a total volume of 30,000. Then a bit later, the volume was 80,000..and no trades. So 50,000 shares were put in somewhere, not traded. Then I had to leave........so I get back to see this is down 15%...
 
Posted by skip on :
 
I see 300k total volume as of right now... my bid is in...
 
Posted by greenman on :
 
300k now.. Wait..360K,now.
 
Posted by trc4949 on :
 
in my opinion the price action at this point in time is less important than the increasing volume numbers we are seeing..

the increasing volume is showing more interest at these low levels and in my opinion is accumulation at the bottom...

just like happened with AXGJ

sure, the MM's are going to play some games and try to accumulate shares at various prices down here..

they key is though that this puppy IMO is being accumulated down here... that is what my chart reading says..

also, it should be noted that based on how often previous news was released, we should get news any day now...
 
Posted by trc4949 on :
 
i am starting to get a gut feeling about this one now
 
Posted by greenman on :
 
what kind of gut feeling? good i assume..
 
Posted by trc4949 on :
 
yea, i like the action and the volume...

needs to cook a little bit more though ...

maybe next week is the rocket launch...
 
Posted by The surgeon on :
 
TRC4949 it's always nice seeing you around. I got to say I've played many of your picks and made a ton. I'm still a bit pissed off at myself on AXGJ. I was right with you when you called it and I thought 3 to 5 cents. Got out at 5!
 
Posted by trc4949 on :
 
thanks for the compliments. well it is tough to know where they peak out..

i am thinking wlkf has decent potential to hit .10, but I am less sure until I see the volume.

i hope wlkf holds above .01 and goes sideways.

if it starts trickling up again with some volume then we know the big move is close..
 
Posted by trc4949 on :
 
there is an interesting indicator similarity to axgj i just noticed.

if the similarity plays out exactly, then wlkf should breakout in about 4 trading days... but this is just a theory
 
Posted by trc4949 on :
 
common guys lets get this baby mooooooooooooooooooving!!

buy with both fists! we need a .01 or better close!
 
Posted by trc4949 on :
 
i think we have a double bottom
 
Posted by trc4949 on :
 
ALERT ALERT beautiful action so far today.. lets keep our fingers crossed...

another AXGJ in the making [Smile]
 
Posted by stocktrader22 on :
 
no volume...cant really get in and out.
 
Posted by will on :
 
When they get ready to run it there will be plenty of volume. I don't know if ever seen something run and lack volume. Without volume there is no run.

quote:
Originally posted by stocktrader22:
no volume...cant really get in and out.


 
Posted by trc4949 on :
 
i agree will

AXGJ also had barely any volume BEFORE the run...

but once it set on fire there was plenty of volume to jump in and out
 
Posted by trc4949 on :
 
folks time to WAKE UP and watch this one like a hawk...

i could still be wrong about this pick.. but so far everything seems PROBABLE for an AXGJ type move...
 
Posted by GlassCrasher on :
 
I'm in at .0104 let's roll .
 
Posted by BENJAMINS on :
 
When you see a winner, you get this feeling that make you want to brake your neck if you dont take advantage of the opportunity. Its funny , cos I've been watching this for few weeks before I posted the thread, and at this point ( the only place this one can go is UP ) I'll continue to buy more everyday as volume keeps coming.
 
Posted by BENJAMINS on :
 
Detailed Quote - WALKER FINCL CP - website unknown - click here to add
Sym-X Bid - Ask Last Chg % Vol $Vol #Trade Open-Hi-Lo Year Hi-Lo Last Trade News Delay
WLKF - Q 10.0 0.01 · 0.0104 5.0 0.0104 +0.0004 4.0 1,649.9 17 18 0.01 0.0104 0.008 0.35 0.008 16:10:26 Oct 04 15 min RT 1.5¢

Trade times are local to the exchange. News times are ET. Bid/ask/vol sizes in thousands.

Nasdaq Indicators -- Market: OTCBB -- Bid Tick: Down -- UPC Restricted: No

Fundamentals · Holders · Forum · Trade Workstation · Market Depth · 3 Month Closes · Technical Charts - 1 Yr | 3 Yr | 5 Yr · Java Charts - Intraday | Historical · · 1yr Bulletins · Historical · Portfolio

Recent Bulletins
Date ET Type Headline
2006-10-04 09:40 News Release Walker Financial Corporation Announces That It Has Acquired the Toll Free Number 1-800-SO-INSURE and the Domain Name WWW.SOINSURE.COM to Rebrand Its Insurance Operations

Recent Trades - Last 10
Time Ex Price Change Volume
16:10:26 Q 0.0101 +0.0001 685,000

14:43:41 Q 0.0104 +0.0004 5,000

14:43:20 Q 0.0104 +0.0004 5,000

14:42:27 Q 0.0104 +0.0004 100,000

14:32:46 Q 0.0104 +0.0004 25,000

14:28:55 Q 0.0104 +0.0004 50,000

14:27:05 Q 0.0104 +0.0004 100,000

14:12:03 Q 0.0104 +0.0004 50,000

13:34:53 Q 0.0102 +0.0002 100,000

13:08:21 Q 0.01 - 200,000
 
Posted by trc4949 on :
 
i showed closing volume as 964,000, but then just now did a refresh at bigcharts.com and now it says 1,649,000 closing volume???

are the mm's playing games here or where is this extra volume coming from?
 
Posted by trc4949 on :
 
actually i have to say that the lack of accuracy in the volume sucks... and I do not know who is doing it, but it should not be happening.
 
Posted by greenman on :
 
My streamer shows 1,649,929...playing games...

I have been watching the trades the past 3 days, and every day there has been some extra volume that was not traded. Still filtering some in.

I bet the total T & S for today will not show 1.6 mil
 
Posted by will on :
 
There was a late trade for 685K at .0101, that would account for the difference in volume.

16:10:26 Q 0.0101 +0.0001 685,000

964K + 685K = 1.649M

Probably a late batch trade to square the books on the day. Volume is volume, the more the better right now.
 
Posted by The Phat Man on :
 
same here regarding volume.
i'm in for 100k shares on this. not much, but worth the risk considering what happened with axgj. (good call trc) as for current volume on wlkf, and making comparisons with axgj... axgj didn't have sh!t for volume until basically the day it hit big. hopefully this will be that sleeping giant as well. with such a low float, if this gets people's attention, it could be huge. i'll be adding if it shows signs of upward momo and further bid support. good luck all.
 
Posted by The Phat Man on :
 
can someone answer me this please:

is the B/A spread at all correlated with float and o/s?
and if so, in what regard?
 
Posted by BENJAMINS on :
 
There is no lack of accuracy in the volume TRC, there was a post market sale for 685,000 shares about ten minutes after market closed. Someone knows something that we may not know, whatever it is....it is good for my pocket. Lets see what happens tomorrow.
 
Posted by skip on :
 
quote:
Originally posted by The Phat Man:
can someone answer me this please:

is the B/A spread at all correlated with float and o/s?
and if so, in what regard?

to me, it seems that since there is a low o/s and float on this stock, there aren't that many shares out there, and subsequently, there are not as many MM's out there with trading inventories. So, since there are fewer MM's with shares to trade, the market they make may have holes in it. The market looks much different than say, XKEM, where there are a lot of shares out. More shares means more MM's out there to stack and fill all levels of the bid and ask. So it is filled and is tight due to it's large float, whereas our little WLKF has holes in it's market because of it's low float. But, of course, this also means it can move faster... Just my thoughts, may not be as simple as that...
 
Posted by BENJAMINS on :
 
You damn right inventory is low as **&&& on this baby. At this point, if there is more buying pressure tomorrow from investers,....this thing will run. On the contrary, MMs are looking for shares to fill their staggering inventory. This may be an investors' market if the former is the case.
 
Posted by will on :
 
I would imagine there is an indirect correlation, but defining it would be impossible, (at least for me). The only linkage I could see is the PPS being a result of supply and demand, (overstating the obvious?). Then again the MM's having complete control over the B/A process does leave room for manipulation and doubt, (kin to letting the rabbit guard your carrots).
You see situation that defy logic all the time with these pennies, SSWC with a low O/S and it trades sub penny, BICN with 38 billion O/S trading over .05, USXP hit .04 with 4 billion O/S.
I think most penny investors, (players), would agree that the lower the O/S and / or float, the better your chances for a winner.
Sorry if I over emphasized the obvious.
 
Posted by The Phat Man on :
 
quote:
Originally posted by skip:
quote:
Originally posted by The Phat Man:
can someone answer me this please:

is the B/A spread at all correlated with float and o/s?
and if so, in what regard?

to me, it seems that since there is a low o/s and float on this stock, there aren't that many shares out there, and subsequently, there are not as many MM's out there with trading inventories. So, since there are fewer MM's with shares to trade, the market they make may have holes in it. The market looks much different than say, XKEM, where there are a lot of shares out. More shares means more MM's out there to stack and fill all levels of the bid and ask. So it is filled and is tight due to it's large float, whereas our little WLKF has holes in it's market because of it's low float. But, of course, this also means it can move faster... Just my thoughts, may not be as simple as that...
thanks skip... that's what i was thinking and am appreciative of the verification. i noticed that with axgj... as it rocketed, the B/A spread was often 20% to 40%, so you had to have balls to enter. i played it :-) and got lucky. on most occasions however, i don't play large spreads unless it's REALLY moving (ie. axgj) or there is consistent heavy daily volume to where it seems like it could burst at the seams. right now the spread is only 4% so that's good enough for me. i'm in at .01 anyway. will prolly buy more in the morning. this seems to be a legit and formidable play for anyone who gets in between now and .03 (maybe beyond). without seeming like a crew of pumpers, it might be good to spread the word a little. bskunder was *****in' (not in a *****y way, just bummed) about how he missed out on the axgj run when trc4949 had been pounding it down our throats for a month... so, i PM'd him to let him in on this one :-) i also posted on the ihub momo board, so maybe we'll see some action in the next week or so.
 
Posted by trc4949 on :
 
the similarity in the RSI indicator for AXGJ and WLKF is pretty amazing..

if the similarity continues to play out it could mean we break out in only a few days from here
 
Posted by will on :
 
I don't think eveyone should dismiss this filing casually, and rely on the most recent 10Q for their O/S and float.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001231742%252D06%252D000325%252Etxt%26filepath%3D%255C2006%255C05%255C08%255 C&symbol=WLKF

The above SB2A was filed in May, and up until August's Q2 Form 10 it appears only a couple of million shares were added to the O/S from March's O/S of 13,837,220, it is nnow reported as 15,945,220. So, next Form 10 I think you will see a substantially higher O/S, could be as much as 71M. Still a very reasonable and managable number of shares.
 
Posted by The Phat Man on :
 
manageable yes, but without momo it'll make it at least 4.5 x more difficult to push it through the ceiling and break down the MM walls. i'm curious too, if the float is so low presently, why was there not significantly more upward movement when this play traded 4 million shares and only upticked 3% ? any thoughts?
 
Posted by skip on :
 
good post will. I noticed ARCA at .011 with a big order. Think they will move the order up when/if it starts running? I have watched some L2's when stocks are running and are being slightly diluted. Seems like the ECN (or the person with the order, rather) will move up with a run, and sell a little (shake) then move up with it again.

SBSH 0.0104 50 7:40:10
JPTC 0.0106 50 14:43:59
ARCA0.0110 250 12:09:00
UBSS 0.0140 50 14:27:44
HDSN0.0150 50 07:40:10
NITE 0.0190 100 13:30:29
VFIN 0.0200 50 07:40:10
HILL 0.0230 50 07:40:10
SALI 0.0245 50 07:40:10
DOMS0.0250 50 07:40:10
PERT 0.0278 50 07:40:10
VERT 0.0300 50 07:40:10
OLMP0.0500 50 07:40:10
 
Posted by The Phat Man on :
 
is this the part of the SB2 that you're referring to will?

i may be completely off here, but if those shares are sellable up to the values established, it would seem prudent of the sellers to buy the sh!t out of the stock prior to these shares hitting the common market and then dump what they are allowed to at the specified maximum amount. is my thinking off?


The Offering

Common stock offered by
selling stockholders Up to 56,181,919 shares, including the
following:

- up to 962,500 shares of common stock issuable
upon the exercise of common stock purchase
warrants at an exercise price of $.10 per
share;

- up to 93,750 shares of common stock issuable
upon the exercise of common stock purchase
warrants at an exercise price of $.71 per
share;

- up to 187,500 shares of common stock issuable
upon the exercise of common stock purchase
warrants at an exercise price of $.16 per
share;

- up to 4,410,000 shares of common stock
issuable upon the conversion of convertible
debentures at a conversion price of $.10 per
share;

- up to 528,169 shares of common stock
issuable upon the conversion of convertible
promissory notes at a conversion price of $.71
per share; and

- up to 50,000,000 shares of common stock
issuable upon the exercise of a put right
under the Investment Agreement.

Common Stock to be
outstanding after the offering 70,019,139 shares, assuming conversion of
all notes and debentures, exercise of all
warrants and the exercise of all puts under
the Investment Agreement
 
Posted by will on :
 
I also noticed ARCA on Ask out at .011. I don't think a lot of people understand who and what ARCA is. I am not 100% myself, but for a good while now, I see him, (it) killing runs, selling on the Ask. I believe him to be MM's wholesaler, clearing house, if you will, for dilution. You also see him on the Bid sometime, collecting for another MM, no doubt, but mostly selling on the Ask.
Recall my comments on AVVW, popped just about like I said it, and fell victim to ARCA, as predicted, he killed a beautiful run in the making there.
 
Posted by will on :
 
Phat wrote:

"i may be completely off here, but if those shares are sellable up to the values established, it would seem prudent of the sellers to buy the sh!t out of the stock prior to these shares hitting the common market and then dump what they are allowed to at the specified maximum amount. is my thinking off?"

To be 100% honest with you, I am not sure. Those convertables seem to be long term debt, and will probably not be sold into the market quickly. These are the ones that may though :

- up to 50,000,000 shares of common stock
issuable upon the exercise of a put right
under the Investment Agreement.

They convolude, complicate, confuse, hide, use stealth to dilute. I would have to be an SEC attorney to understand and explain the INVESTMENT AGREEMENT. It is enough for me to know right know, that there is a potential for 70M O/S soon. Sorry I am not savy enough to answer your question in detail or with any degree of accuracy.
 
Posted by The Phat Man on :
 
it would seem then, a solid push (even from everyday-joe investors such as ourselves) prior to any sells/dilutions into common market COULD beat them to the punch with the current float the way it is.
just 50 people at a 200,000 shares a piece and this would speculatively move 500% if were to happen tomorrow. :-)
 
Posted by Schwabie on :
 
EXCELLENT DISCUSSION.

I AM RESEARCHING.

BBL !

[Eek!]
 
Posted by skip on :
 
quote:
Originally posted by will:
I also noticed ARCA on Ask out at .011. I don't think a lot of people understand who and what ARCA is. I am not 100% myself, but for a good while now, I see him, (it) killing runs, selling on the Ask. I believe him to be MM's wholesaler, clearing house, if you will, for dilution. You also see him on the Bid sometime, collecting for another MM, no doubt, but mostly selling on the Ask.
Recall my comments on AVVW, popped just about like I said it, and fell victim to ARCA, as predicted, he killed a beautiful run in the making there.

ARCA is an ECN, or electronic communication network (basically an MM that is electronic, rather than some dude in a cube) used by traders, or a person/institution with shares to buy or sell. They are good for a company to dilute or buy with because they can fill large orders without going through a traditional MM like say NITE or UBSS. They avoid huge retail commissions by avoiding going through an MM, so they use them to dump. Here are some links...

http://en.wikipedia.org/wiki/Electronic_Communication_Network

http://www.archipelago.com/

sadly, ARCA is really nothing more than a machine that is used by anyone with a TON of shares to buy or sell. And most times it is used by penny companies to dump shares. That's why it always aborts runs, because the company fills all of the demand with new shares, and the supply and price either equal out and the price stagnates despite huge volume, or the supply gets too large and the price plummets. So, really it was AVVW dumping shares through ARCA that killed the run, not ARCA itself. Self deprecating penny companies. Vicious cycle. But we love em!
Hope that helps.
 
Posted by will on :
 
It is my belief that the MM's control the world of penny stocks. When such total and complete power is in the hands of so few, ei, the B/A process you get an unlevel playing field. I became convinced of this in late 2005, while identifying potential runners and corresponging with JimSC. With the observations I made regarding volume/price variation coupled with his identification of issues being accuumulated by MM's we had a pretty good run of picking runners. You will often see posted on this bulletin board and others a "group pick", (shakerzz, yahoo, whoever, too many to know or care about). They can boost the PPS, yes, but they never sustain a good hard run. Again, it is my belief that the only people that can REALLY run a stock are the MM's. I can't site you examples of a group's pick fizzling, but I can give a few examples of a MM managed run. The difference being a sustained run that are beyond expectations and averages, groups don't and can't give those results. MM's keep em going, groups dump on the late comers after realizing a certain percentage gains. MM's discourage people with bringing the B/A down, (PPS), while they accuumualte those shares into their inventories that fustrated traders are seeling. only to reach suh an oversold and large position that they decide to run it. They manage the run with the reverse by raisng the B/A and selling those same lower priced shares back to the investors they bought them from, and who now don't want o miss the boat.

quote:
Originally posted by The Phat Man:
it would seem then, a solid push (even from everyday-joe investors such as ourselves) prior to any sells/dilutions into common market COULD beat them to the punch with the current float the way it is.
just 50 people at a 200,000 shares a piece and this would speculatively move 500% if were to happen tomorrow. :-)


 
Posted by will on :
 
Phat, you cannot beat them to the punch, they are the punch. They have complete and toal control over the B/A process. You watch for ARCA on the Ask, and see what he does, sometimes he sit there all day selling, sometimes he moves and lets it breathe a bit, but comes back, and sells some more.
 
Posted by The Phat Man on :
 
they do certainly rule the world of pinks and bb's, no doubt. thus, on the flipside that's what makes it so sweet when there's discussion and research from the underground (ie., this thread on wlkf), and suddenly a push and then momo and then they're caught off-guard in a stock they otherwise may have thought was dead.

because of what you reference above, that is why i'm more than anything a momo player with these penny plays because the charts, T/A, audits, filings, etc., etc., etc., sadly usually don't mean a thang. i'm a small cap player for the most part (ie. EZM) but love the momo of a good day at the races here in pinky/bb land :-)
 
Posted by will on :
 
Phat, you never catch them off guard either. LOL

I am one that doesn't believe in that short squeeze crap. No one has ever proven it. It is all about MM accuumulation and their ability to run a stock and sell back shares that they purchased at a lower price. These guys are pros, you think they are going to get caught in a short squeeze, nonsense. It's like a car salesman, he sells a car or two every day, the customer buys a car eveey 5 years, who has the advantage?
 
Posted by The Phat Man on :
 
will, i know you're right... after a few beers celebrating my lfza buy in yesterday at .20 and selling today at .43 it might just be dilusions of grandeur :-) or just dilusions, period.

fwiw, i don't believe in the short squeeze stuff either, but it does make for good momo/rumor runs. (ie. sssu, in at .0088, out at .04)
 
Posted by will on :
 
Well guys, Mr Frey should be proud of all of you that participated on this thread. Re-read this thread, This is what a bulletin board is for. Discussion, education, a fair and frank exchange of ideas, opinions, The amalgamation of individual's expereinces and intelligence into the collective intelligence. There should be more of this, and less of the less. I'm gonna go watch CSI now. Good luck !

(Crap! It's half over already, LOL)
 
Posted by BENJAMINS on :
 
I understand you Will, but there are instances when MMs are caught very short on inventory, and there is a huge rally that moves a stock off the roof,.....Practical example..... I started a thread on FDSM in June 12, this pick went off the roof from $.22 - $1.50 in about four days. Ran on LOW FLOAT, GOOD NEWS and a bunch of average Joes like us that know wassup and wont give up their shares to MMs.
 
Posted by skip on :
 
quote:
Originally posted by will:
Well guys, Mr Frey should be proud of all of you that participated on this thread. Re-read this thread, This is what a bulletin board is for. Discussion, education, a fair and frank exchange of ideas, opinions, The amalgamation of individual's expereinces and intelligence into the collective intelligence. There should be more of this, and less of the less. I'm gonna go watch CSI now. Good luck !

(Crap! It's half over already, LOL)

well said! i was just thinking that. allstocks getting back to what it once was? glad to be a part of it!

back to the world series, go cards!
 
Posted by will on :
 
Key word, "LOW FLOAT", probably more of an honest level playing field letting supply and demand work as it should.
 
Posted by The Phat Man on :
 
will... f CSI... it'll be a re-run on TBS in a month! :-)

for whoever's still around... how 'bout we right now all take a quick 10 minutes or less to scout out some further DD on this play. ANYTHING at all. even phone numbers, websites, collaborative companies/partners, etc. and see what we find... good or bad.
no obligation, i'll make a run for a few more tiny details.

anyone want to join in a quick google run on the company/owners/partners/numbers/names, etc.?
 
Posted by The Phat Man on :
 
this is always good to know :-)

Identity and Background.

(a) This Statement is being filed by Mitchell Segal.

(b) The business address of Mitchell Segal is c/o Walker International
Industries, Inc., 370 Old Country Road, Garden City, New York 11530.

(c) Mitchell Segal is President, Chief Executive Officer and a
director of Walker. Walker, through its newly acquired American DataSource,
Inc. and National Preplanning, Inc. subsidiaries, provides prearranged
death care services. Walker is also engaged in the business of film
processing through its Kelly Color subsidiary. Its principal office is
located at 370 Old Country Road, Garden City, New York 11530.

(d)-(e) Mitchell Segal has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction resulting in a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or state securities laws or
finding any violation with respect to such laws.

(f) Mitchell Segal is a citizen of the United States.
 
Posted by The Phat Man on :
 
this is funny, irrelevant stuff, but i think this is our WLKF owner, mitchell segal:

excerpt: "Brittney always wanted to sing and always wanted to be on TV," said her father, Mitchell Segal, who runs an insurance and employee benefits company in Garden City. "So we took her to singing lessons, then to acting lessons, and then got her an agent. This is just what she has always wanted. She is one of the most focused 14-year-olds you will find."

full article:

http://www.huckaharmony.net/thegirls/nytimes.html
 
Posted by The Phat Man on :
 
this is somewhat coincidental... just googling stuff on wlkf and mitch segal and found this excerpt/PR below from 2004. just now when i found it, i noticed the corresponding relationship and ticker symbol HRH, which dropped 8% just today on a bad earning report.

National Preplanning, Inc. and Hilb Rogal & Hobbs Insurance Services of Northern California, Inc. to commence marketing National Preplanning's Voluntary Benefit Prearrangement Products To The California Chamber of Commerce

GARDEN CITY, N.Y.--(BUSINESS WIRE)--Dec. 22, 2004--National Preplanning, a
subsidiary of Walker Financial Corporation and Hilb Rogal & Hobbs Insurance
Services of Northern California will commence marketing National Preplanning's
Prearrangement products to the members and their employees of the California
Chamber of Commerce during the first quarter of next year. The California
Chamber of Commerce is composed of 14,000 businesses comprised of 2,300,000
employees. Hilb Rogal & Hobbs Insurance Services of Northern California, Inc.
is a subsidiary of Hilb Rogal Hobbs (HRH). HRH is the seventh largest insurance
brokerage firm in the United States, with over 120 offices throughout the
nation. HRH help clients manage their risks in property and casualty, employee
benefits, professional liability, and other areas of specialized exposure. In
addition, HRH offers a full range of personal and corporate financial products
and services.

Mitchell Segal, President of National Preplanning stated, "We are excited to
work with one of the leading insurance organizations in the world. Our product
is a valuable addition for individual employees who have access to a full range
of employee benefit products. It offers a tremendous value for employees who
desire to complete their life planning cycle and alleviate a future burden for
their families. Additionally our seamless internet enrollment technology will
allow individuals the ability to purchase their pre-planning products
completely online.

About Walker Financial Corporation

Walker Financial Corporation ("WLKF"), through its subsidiary, National
Preplanning, Inc., is engaged in the sale of pre-arrangements as a voluntary
benefit to captive audiences such as corporations, unions and affinity groups
and represents independent funeral homes in the marketing of pre-arrangements
to individuals. Through its licensed subsidiary, NPI Agency, Inc., Walker earns
insurance commissions on prearrangements funded through insurance. Through its
subsidiary, American DataSource ("ADS"), the Company is engaged in the business
of providing a complete line of administrative services for pre-need funeral
and cemetery trust accounts.


http://finance.yahoo.com/q?s=hrh
 
Posted by BENJAMINS on :
 
Strong buys coming in at the am, already 400,000 now. Good stuff!
 
Posted by skip on :
 
nice. now let's see how ARCA behaves...
 
Posted by BENJAMINS on :
 
wooo, now 0.14 ,
 
Posted by Danny_K on :
 
quote:
Originally posted by skip:
nice. now let's see how ARCA behaves...

very nicly
he is at .04 now..

who thinks we should go sell him some shares way up there [Big Grin] lol

this is goin to start moving fast once people start noticing her.
 
Posted by BENJAMINS on :
 
now .015. lets goooo
 
Posted by Danny_K on :
 
quote:
Originally posted by BENJAMINS:
now .015. lets goooo

looking good [Big Grin]
 
Posted by Prdponce on :
 
got some this morning ... lets go...
 
Posted by Danny_K on :
 
this is only the begining with the building buy pressure.. This moves easy..
 
Posted by BENJAMINS on :
 
This one will blow soon. now up 44%
 
Posted by BENJAMINS on :
 
now .016 ,... now up 53%. PAY ATTENTION !!!! lol
 
Posted by BENJAMINS on :
 
Ask now 0.018,....watch for the BOOOOMMM!!
 
Posted by djg7 on :
 
I put in a 30K (25k-5K0 trade at .016 and ask went to .018.
 
Posted by Danny_K on :
 
quote:
Originally posted by djg7:
I put in a 30K (25k-5K0 trade at .016 and ask went to .018.

its stupid thin on the ask..
just watch this could be a multi bagger from its current PPS... just wait for more people to notice it .. THEN BOOM [Big Grin]
 
Posted by GlassCrasher on :
 
Moving very nicely!
 
Posted by The Phat Man on :
 
might be moving now... ask is thinning even more.
wall with ARCA isn't until .04
 
Posted by Danny_K on :
 
need 17 to print.. get some vol up there.
 
Posted by greenman on :
 
printed 17
 
Posted by skip on :
 
wishing my order at .0085 would have filled earlier this week, or that I wasn't such a cheap ass and upped my order to .0104 yesterday! [Smile]

good one guys!

a lot of good dd on this thread too.
 
Posted by The Phat Man on :
 
nice buys coming in on the ask now :-) at .017

could make a good run today. seems to be sitting like a sleeping giant.
 
Posted by djg7 on :
 
Uptick on bid .016.
 
Posted by The Phat Man on :
 
nice UT... need a print at .018
 
Posted by djg7 on :
 
.0171 x .018 let's get this baby going!
 
Posted by will on :
 
Patience Phat, this was never an "if", only a when, and a how much !
 
Posted by Prdponce on :
 
there you go

.018 x .019
 
Posted by GlassCrasher on :
 
Nite is on the Bid
 
Posted by GlassCrasher on :
 
3 MM's at 19 now
 
Posted by The Phat Man on :
 
man... wondering if i should buy more. ???

maybe just like 25k shares... hmm...
 
Posted by jos_tul on :
 
What is the news or special thing about wlkf other than low float ?
 
Posted by will on :
 
I am waiting to see how it handles the terrible 2's. Contrary to some idiots beliefs here, that .02 is the most difficult number in the deck, but I feel this one will handle it. .02 is automatic resistance for some reason. All 2's seem to be.
 
Posted by Prdponce on :
 
quote:
Originally posted by will:
I am waiting to see how it handles the terrible 2's. Contrary to some idiots beliefs here, that .02 is the most difficult number in the deck, but I feel this one will handle it. .02 is automatic resistance for some reason. All 2's seem to be.

The rule of .02'sssssssssss, LOL
 
Posted by trc4949 on :
 
well guys, according to my indicators, we are in breakout mode right now and monday should be the follow through day..

the RSI pattern similarity played out exactly as expected, simply amazing..

the only thing at this point that is a little odd is that the chart is saying news will come on monday, and it just seems like a weird day for news... seems like news never comes on monday and is probably the worst day to release it.. early in the week markets are just warming up..

but for whatever reason the chart is saying news and breakout on monday!

by the way it is nice to see WLKF on top of the leaderboard on my ETRADE top ten list
 
Posted by Danny_K on :
 
quote:
Originally posted by will:
I am waiting to see how it handles the terrible 2's. Contrary to some idiots beliefs here, that .02 is the most difficult number in the deck, but I feel this one will handle it. .02 is automatic resistance for some reason. All 2's seem to be.

Humans love round numbers, thats fact. 02 is hard becuase it worries people. 02 is the first penny you break after becoming a penny, then 5cents and 10cents are hard.. No science to this, its just round numbers. Actaully quite silly..lol

COME ON 19!!!!!!!!!!! [Big Grin]
 
Posted by Danny_K on :
 
quote:
Originally posted by trc4949:
well guys, according to my indicators, we are in breakout mode right now and monday should be the follow through day..

the RSI pattern similarity played out exactly as expected, simply amazing..

the only thing at this point that is a little odd is that the chart is saying news will come on monday, and it just seems like a weird day for news... seems like news never comes on monday and is probably the worst day to release it.. early in the week markets are just warming up..

but for whatever reason the chart is saying news and breakout on monday!

by the way it is nice to see WLKF on top of the leaderboard on my ETRADE top ten list

he man, im trying to get my head into charting. I got the basics, but can you post some tips for seeing the trends and indicators that you see. (refrencing news/ break out possibly on monday). thanks
 
Posted by BENJAMINS on :
 
quote:
Originally posted by skip:
wishing my order at .0085 would have filled earlier this week, or that I wasn't such a cheap ass and upped my order to .0104 yesterday! [Smile]

good one guys!

a lot of good dd on this thread too.

Hey skip, any entry point here is a good entry. This stock is very undersold, I got in at .009 when I started the thread and I have been buying more through the Uptrend.
 
Posted by will on :
 
Ok, they're gona try the terrible .02 again, good luck !
 
Posted by trc4949 on :
 
danny-k, this is the best i can do.. too hard to describe what I am seeing in words... I need a full hour and a few beers to explain it to you so it really makes sense...

but this chart says it all... the RSI has shown that it has broken out of the DOWNTREND.. this is confirmation that the breakout is in process... the SAME exact thing happened to AXGJ before it went from .03 to .30

so in my opinion, blue skies ahead... probably .10 cents at least...

 -
 
Posted by BENJAMINS on :
 
This stock is going to close over .02 EOD today, and monday will certainly be very interesting. It holds strong. News is definitely coming out next week that will send this baby HUGE !!!!
 
Posted by Danny_K on :
 
quote:
Originally posted by trc4949:
danny-k, this is the best i can do.. too hard to describe what I am seeing in words... I need a full hour and a few beers to explain it to you so it really makes sense...

but this chart says it all... the RSI has shown that it has broken out of the DOWNTREND.. this is confirmation that the breakout is in process... the SAME exact thing happened to AXGJ before it went from .03 to .30

so in my opinion, blue skies ahead... probably .10 cents at least...


ok thanks, nice charts. thats the reason i bought in. i like the reversal potential. We are definatly reversing this now, and i belive we have plenty of room to grow. .10 would be beautiful. But conservativly i think .025-.03 will be seen monday. If vol build monday (which i think it will, people have two days to notice this thing) we could run very high, very fast.

Also, whats the deal with the news Binjamins (sp?)? why do you think news next week?
 
Posted by trc4949 on :
 
but what are the chances of seeing news on monday? seems like an odd day for news.. so maybe news on tuesday instead... fine by me..
 
Posted by Danny_K on :
 
quote:
Originally posted by trc4949:
but what are the chances of seeing news on monday? seems like an odd day for news.. so maybe news on tuesday instead... fine by me..

lets comprimise, monday 2pm [Big Grin] for news. Im still unsure where the news rumor came from.
 
Posted by BENJAMINS on :
 
Going by the company's PR release pattern, News release is imminent. I'm also hearing from some investors that the company is set to release a major PR sometimes next week. I dont know how solid this is, but judging by the trades volume yesterday and today, SOMETHING IS UP!
 
Posted by trc4949 on :
 
anyone wanna nibble on .02 ??

going once.. going twice...
 
Posted by Danny_K on :
 
holding over the weekend anyone? i know i am.
 
Posted by BENJAMINS on :
 
Holding strong!
 
Posted by Danny_K on :
 
great day today..
hopefully monday we will have more vol and continue our uptrend.
 
Posted by Danny_K on :
 
what the hell is with that after hours trade at 132? is 132 going to show as our close PPS?
 
Posted by The Phat Man on :
 
quote:
Originally posted by Danny_K:
what the hell is with that after hours trade at 132? is 132 going to show as our close PPS?

dunno... could just be an MM balancing books. maybe a scare tactic. sucks though cuz now my portfolio numbers are messed up.
 
Posted by Danny_K on :
 
quote:
Originally posted by The Phat Man:
quote:
Originally posted by Danny_K:
what the hell is with that after hours trade at 132? is 132 going to show as our close PPS?

dunno... could just be an MM balancing books. maybe a scare tactic. sucks though cuz now my portfolio numbers are messed up.
mine too.. that should show up as the close price, correct? But the balances that pull of L2s are screwed up now. ohh well.. it did that last night.
 
Posted by trc4949 on :
 
ok guys, we have two days, and monday morning to spread the word on WLKF ...

lets get the word out on this one [Smile]
 
Posted by The Phat Man on :
 
i've been spreadin' the word as much as possible... still on the warpath with this one :-)
i don't want to come off as pumping, however, at this point i feel that any upspeak given to this play is a legit winner for anyone getting in under .05 or so. thus, i feel comfortable in pushing it heavy until it becomes even slightly apparent it could be a bagholding nightmare.
 
Posted by Danny_K on :
 
anyone in this? its silent in here.
 
Posted by greenman on :
 
Im still holding...
 
Posted by omaha116 on :
 
Still holding as well. There was probably some sell-off Friday, there are a couple momo plays getting a little more hype this AM but this will pick up shortly (IMHO). It's still early. Hopefully this one get's nice [Smile] in a while!
 
Posted by trc4949 on :
 
we are still overdue for news.. perhaps that is what WLKF is waiting for
 
Posted by trc4949 on :
 
in terms of technical analysis, nothing has changed the super bullish picture.. just a little waiting game and chance to accumulate more
 
Posted by trc4949 on :
 
super booooolish action today! [Smile]
 
Posted by Danny_K on :
 
quote:
Originally posted by trc4949:
super booooolish action today! [Smile]

explain please.. [Big Grin]
 
Posted by trc4949 on :
 
The TAPE action is bullish because:

A. we had an intraday decline today which RECOVERED and appears we will end near todays highs. price is holding

B. volume is still robust and coming in heavy showing real demand near the lows

C. my indicators continue to show that we are only a day or two away from a massive rocket launch
 
Posted by trc4949 on :
 
my prediction is news either tomorrow or wednesday!!!
 
Posted by Danny_K on :
 
i like when the ask UTs on no vol. lol.. boooolllishhhh as trc would say.
 
Posted by GlassCrasher on :
 
Great day today, dropped and rebounded very nicely. I'm looking forward to the week ahead.
 
Posted by Danny_K on :
 
agreed mee too..

does anyone know if todays candle is a pattern of some sort? "T" shaped? lol
 
Posted by The Phat Man on :
 
this play's just now starting to get some action/attention from other boards (specialty and otherwise). damn good rebound today. at least for now, MMs might be trying to keep quick day-flippers out cuz potential for a run is too good with the low o/s and float.
also, fyi, i just sent a nice and detailed letter/questionaire to the CEO today. will report back if/when i hear back from him.
 
Posted by djg7 on :
 
Uptick on bid.

.0185 x .019.

Looks like it could move with volume.
 
Posted by GlassCrasher on :
 
Needs volume now
 
Posted by trc4949 on :
 
a little profit taking on HALF the volume we are used to seeing

very BULLISH

looks like we have a little ascending triangle formed..

chart still seems to be saying news will come tomorrow
 
Posted by Fredgrasshopper on :
 
Heading back to subpenny now. I think it's all over.
 
Posted by GlassCrasher on :
 
What makes you think that??? This one's headed for .03 at least.
 
Posted by Danny_K on :
 
These low floaters do this weird little dance that its doing befor they make a big move. It just shows growing interest in it. I think this one will make a big move to the UP side. Im holding for now.
 
Posted by Fredgrasshopper on :
 
If you look at chart you can see where it has lost support of bollinger bands and rsi. It really needed to stay above .015 for support. IMHO
 
Posted by Fredgrasshopper on :
 
It did close on an uptick which is good. IMHO
 
Posted by GlassCrasher on :
 
We'll see what happens tomorrow. What's up with the after hours sale for .0155?
 
Posted by greenman on :
 
I was out of the office today... and dang, what a POS....but I made bank on usga...
 
Posted by will on :
 
I sold this right before close yesterday. Try to rebuy right before close today at .012, didn't fill. Don't know if I should feel upset or blessed for not filling today. See what tomorrow brings. Might even get it at discount from that .012, tomorrow.

That .02 is the toughest card in the deck. Bumped its head on it a few times now, 3 days in a row.
 
Posted by greenman on :
 
Lol, Will, for my sake, I hope you get upset tomorrow for not getting filled. I hate these days when I cannot watch my positions.
 
Posted by will on :
 
I can do without it, greenman. I have a couple others might go, DBMI, VSNI, So, I hope for your sake it does grab that .02, and leaves it for dust in the rearview mirror.
 
Posted by Danny_K on :
 
any predicitons for today? [Big Grin]
 
Posted by gnulnx on :
 
What's the Authorized share count on this one?
I see the OS and the float, but I'm just curious if the company had the ability to sell more share recently?
 
Posted by greenman on :
 
Looks like we might be moving again.
 
Posted by GlassCrasher on :
 
Ask is soooo thin to .02!
 
Posted by GlassCrasher on :
 
NITE is on the bid now.
 
Posted by The Phat Man on :
 
ask is getting pounded nicely right now

someone might be buying in slow so as to not attract too much attention before they're all in and then pump the sh!t out of it.

this could be really good today and into this and next week.
 
Posted by The Phat Man on :
 
here we GO~~~!!!!
 
Posted by GlassCrasher on :
 
We might have a runner
 
Posted by tompom on :
 
i´m in at .0195
 
Posted by Browndog on :
 
Where did ARCA come from on the ask!? he's blocking the run.
 
Posted by trc4949 on :
 
well guys, so much for my predictions on NEWS... i guess news will come when it WANTS to! until then we wait..
 
Posted by Danny_K on :
 
that sucked..hmmm...
 
Posted by tompom on :
 
i feel like throwing up now
 
Posted by trc4949 on :
 
this thing is ALL OVER THE PLACE!! huge spread now and and I dont know what to think.

some major games being played here, or someone is trying to accumulate a huge block today..

major action today either way
 
Posted by trc4949 on :
 
i got a feeling we gonna run big before end of week
 
Posted by GlassCrasher on :
 
Once ARCA moves she'll fly past .02
 
Posted by trc4949 on :
 
we have 76 total trades for the day which is within the top 46 of ALL OTC BB stocks not bad..
 
Posted by tompom on :
 
ok
looks better again...
might be something after all
 
Posted by tompom on :
 
looks like we´re gonna turn over half the float today...
 
Posted by tompom on :
 
hod now at .02
 
Posted by trc4949 on :
 
so with the benefit of hindsight, looks like yesterday was just an ACCUMULATION SHAKE !!
 
Posted by The Phat Man on :
 
MMs are holding this b!tch back.

gonna HAVE to let it run soon! gotta POP~
 
Posted by tompom on :
 
some action would be nice now
 
Posted by Danny_K on :
 
im liking the L2s now.. come on bid, all three of u need to UT to 18 now. lets knock over 2 cents and close at 021. [Big Grin]

Nice vol today, i still like this stock.
 
Posted by The Phat Man on :
 
not a bad day at all. people gonna take profits and i won't ever blame anyone for that. still... holding it's ground at 17% is solid. seems this play is starting to catch on.
 
Posted by trc4949 on :
 
can anyone tell me at what price the 1.5 million share block went thru at well after teh close
 
Posted by trc4949 on :
 
nevermind, looks like it was .0162 for 1.5 million shares
 
Posted by brooklyn55 on :
 
I'm showing 1.522 M twice at 0.14 at 4.09PM for 7.156M volume for the day on Scottrade systems.
Cross trade?
 
Posted by brooklyn55 on :
 
That should have read .014 not .14 at 1.522M x 2
on Scottrade at the end of day. Can anyoone confirm those cross trades on their L2
 
Posted by Danny_K on :
 
quote:
Originally posted by brooklyn55:
That should have read .014 not .14 at 1.522M x 2
on Scottrade at the end of day. Can anyoone confirm those cross trades on their L2

i didnt see that per ETURD t&s. I saw the 1.5XX Million trade at 0162.

Ending vol of 5.6M if i remember correctly.
 
Posted by tompom on :
 
i really wonder how this will play out tomorrow
 
Posted by trc4949 on :
 
you may think i am crazy for saying this.. but this sunday is a full moon...

i think something big is going to happen with this right before, or the day after that day
 
Posted by Hitman on :
 
Yep... Ur Crazy..... The full moon only makes a lot of pregnant women give birth <:}
 
Posted by The Phat Man on :
 
fellas, i got out first thing this morn. at .016 for a modest gain.

yesterday's volume was very nice comparatively to past days but the pps barely moved and though it reached a high of .02 (barely), the bid never moved past .018. also, at one point about mid-day ARCA jumped on the ask and unloaded a ton of shares. so, i got suspicious. i read through their 10q with a little more detail and there are some anomolies/wording in there that makes me nervous regarding prospect of dilution going on. just a gut feeling thang, and all imo. i'm out for now though until this play really swings one way or the other. good luck.
 
Posted by Browndog on :
 
Phat, I thought the same thing yesterday when I saw ARCA show up on the ask with all those shares.
 
Posted by tompom on :
 
looks hot now!
 
Posted by The Phat Man on :
 
getting hit pretty good right now. so let's watch and see if ARCA jumps in with about 99K depth and sells a bunch on the ask.
 
Posted by trc4949 on :
 
phatman, sorry to see you go brotha! of course we will welcome you back anytime [Smile]

my charts are still saying we do a nasa space shuttle launch the day before or after the full moon!

notable AXGJ did its run from .06 to 4.50 also on a full moon day...

on the 60 minute bar chart I am seeing an ascending triangle which is bullish, volume is still bullish and my favorite breakout indicators are also all still very bullish..

that is my take on WLKF right now anyway as of this morning...
 
Posted by trc4949 on :
 
this puppy has formed one of the most bullish ASCENDING TRIANGLES I have ever seen!!

BOOYAH!

WLKF TO THE MOOOOON BABY! YEA!
 
Posted by trc4949 on :
 
I wish I had 10K spare change to invest because that is how much I would put into WLKF right now if I had it. I am extremely confident in this trade.. almost too much, its scary
 
Posted by tompom on :
 
looks like today is the day we break .02!?
 
Posted by GlassCrasher on :
 
Looking good now, might breakout, Volume is Heavy!
 
Posted by trc4949 on :
 
BOOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMMMMMM!
 
Posted by GlassCrasher on :
 
Strong Bid support! Let her loose!
 
Posted by The Phat Man on :
 
anyone see ARCA jump on the ask and sell today and then disappear? only curious cuz i had to step away for an hour or so and wasn't able to diligently watch the L2s on this one.
 
Posted by GlassCrasher on :
 
ARCA was on the bid earlier at .019 then dropped out.
 
Posted by The Phat Man on :
 
same as f'n yesterday... definitely dilution going on then, imo. won't touch it right now. might not be absorbed for a long time.
look at the 10Q regarding WLKF oweing dutchess.

excerpt: Additionally, on December 23, 2005, the Company entered into an investment agreement providing for the sale and issuance from time to time of up to $10,000,000 in shares of Common Stock for a period of up to 36 months from the date the registration statement is declared effective. The maximum number of shares that the Company may put to Dutchess at any one time shall be equal to, at the Company's election, either:

(a) 200% of the average daily volume in the U.S. market of the Common Stock for the ten trading days prior to the date the Company notifies its intent to sell shares, multiplied by the average of the three daily closing bid prices immediately preceding the date a put notice is delivered, or (b) a number of shares having a value of $200,000. The Company may not submit a new put notice until after the completion of a previous sale under the Investment Agreement. The purchase price for the common stock to be sold shall be equal to 93% of the lowest closing best bid price of the common stock during the five-day period following the date the Company delivers a put notice.

that's just one element. the way ARCA is jumping on the ask and then disappearing just isn't right for me.
 
Posted by The Phat Man on :
 
another 10Q excerpt i don't like:

FINANCIAL CONDITION AND LIQUIDITY

We have negative working capital of $ 2,586,330 at June 30, 2006 compared to negative working capital of $1,118,388 at December 31, 2005. A working capital deficiency or negative working capital results when the company's current liabilities exceed its current assets. Our working capital deficiency is the result of borrowings which are currently due or will become due within the next 12 months in addition to an increase in our accounts payable as the result of the accrual of management compensation not paid.
 
Posted by omaha116 on :
 
You make valid points Phat Man. I read that in the 10Q as well but don't possess the savvy to discern what you just stated (as a possibility). I called the company and asked for IR but was told no one is in at present. Had difficulty hearing the woman on the phone but will try again later and post if anything of interest is gleaned. thanks for your insights.
 
Posted by trc4949 on :
 
i have seen stocks with much worse dilution situations and fundamentals still get a rally going..

the only thing that matters is the balance between supply and demand at any point in time.. and for the current time period, this balance seems to favor the bulls...
 
Posted by omaha116 on :
 
trc4949,
I hope you don't misconstrue what I say. i think this is a great opportunity with potential to make some money. just want to look at all possible scenarios and appreciate those smart folks among you who bring them to the forefront. good pick, just hope mms don't hurt its potential.
 
Posted by The Phat Man on :
 
quote:
Originally posted by omaha116:
You make valid points Phat Man. I read that in the 10Q as well but don't possess the savvy to discern what you just stated (as a possibility). I called the company and asked for IR but was told no one is in at present. Had difficulty hearing the woman on the phone but will try again later and post if anything of interest is gleaned. thanks for your insights.

yeah, i called to and had a length convo with her. her name is Tara. quiet and softspoken and i let her know that (in a nice way... had to turn up my phone volume). in the past few days i've called and emailed, mitch segal has NEVER been at the office. strange... why wouldn't he be up for taking investor calls? something's amiss imo and he knows it, knows were onto it and doesn't want to answer for it. all jmho.
 
Posted by trc4949 on :
 
not at all omaha... I am open to all opinions.. and I actually agree on the negative points...

no guarantees for sure.. hopefully the next few days gives us the verdict
 
Posted by trc4949 on :
 
 -

 -

oh yea, and also, lets not forget the full moon is tonight [Smile]
 
Posted by Danny_K on :
 
nice info on the charts. im gonna hold a little while longer, so long as we have decent vol today. charts look good!
 
Posted by stocks1984 on :
 
i agree the chart looks great!
 
Posted by tompom on :
 
looks like it might get some steam soon
 
Posted by greenman on :
 
choo choo....lol
 
Posted by trc4949 on :
 
here we go folks... is everyone buckled up for safety?
 
Posted by trc4949 on :
 
Helloooo out there... I think I hear an echo [Smile]
 
Posted by tompom on :
 
mhm...
 
Posted by trc4949 on :
 
here we go... take off coming...
 
Posted by tompom on :
 
had a pretty strong close
might be interesting tomorrow
 
Posted by will on :
 
i almost gave them .012 yesterday, glad I was patient and caught the discount. Thank you, NITE.
 
Posted by tompom on :
 
tried to grab some at .01 and .011
no chance
 
Posted by skip on :
 
got some today...
 
Posted by greenman on :
 
back in
 
Posted by GlassCrasher on :
 
Count me in too
 
Posted by skip on :
 
I like it to bounce from here...

http://stockcharts.com/h-sc/ui?s=wlkf&p=D&yr=0&mn=3&dy=0&id=p73837091253

I think we got a break because the 10Q was late...if it's a good 10Q, then could be better than a bounce...still has ~15mil o/s too, eh?
 
Posted by skip on :
 
moving now...
 
Posted by GlassCrasher on :
 
Volume surge, ASK getting hit now.
 
Posted by skip on :
 
NITE is pushing the bid now...
 
Posted by skip on :
 
Good day today...

http://stockcharts.com/h-sc/ui?s=wlkf&p=D&yr=0&mn=6&dy=0&id=p08751688771

Everything is turning up, and a 10mil float?
 
Posted by Green_Machine on :
 
Skip WLKF Seems to be A Pretty volitile stock down here with such a low share count. I am glad that I am doing some DD on this one now, instead of later....
GM
 
Posted by tompom on :
 
Walker Financial Corporation Announces Record Revenues for the Third Quarter, 2006 Increasing 71% over the Prior Year
Nov 30, 2006 11:01:00 AM

GARDEN CITY, N.Y., Nov. 30 /PRNewswire-FirstCall/ -- Walker Financial Corporation ("Walker) (OTC Bulletin Board: WLKF), a marketer of health insurance for the underinsured population announced that unaudited results for the third quarter ending September 30, 2006 indicate that the Company had record revenues of $ 146,176 which represents a 71% increase over revenues for the third quarter ending September 30, 2005 of $ 85,490. Revenues increased for the nine months ended September 30, 2006 to $ 316,782 from $ 242,583 for the nine months ended September 30, 2005 which represents a 31% increase.

Additionally our loss narrowed to $ .01 per basic and diluted net loss per common share for the period ended September 30, 2006 compared to $ .02 per basic and diluted net loss per common shares for the period ended September 30, 2005.

Mitchell Segal, President of Walker, stated that "We are happy with our initial results from the sale of health insurance over the telephone and internet. We expect our sales to grow at a significant rate in the coming months as we continue to hire additional licensed sales representatives."

About Walker Financial Corporation

Walker Financial is focusing its efforts on the marketing of financial products and services that benefit the baby boomer, senior and minority populations. Through its licensed subsidiary NPI Agency, Inc., Walker earns insurance commissions on the sale of various insurance products. Through its subsidiary American DataSource ("ADS"), the Company is engaged in the business of providing a complete line of administrative services for trust accounts.

Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Safe Harbor provisions of the federal securities laws. Forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services in the marketplace, regulatory and competitive factors, new products and technological changes, the company's dependence upon third-party suppliers, and other risks detailed from time to time in the Company's Form 10-Q, Form 10-K, Form SB-2A and other regularly filed reports.
 
Posted by tompom on :
 
running now!
 
Posted by tompom on :
 
.011x.012 now
huge buys coming in!
 
Posted by beandog24 on :
 
only 15.8 million in the float here very nice bottom play upcoming. revenue news today was huge, currently a market cap of around 160K.
 
Posted by beandog24 on :
 
On the reg sho list as we speak explains the action the last few days. Strong volume with NITE and SBSH putting up a block around the 50MA (shorts first threshold for the cover). A breakout past this in the next week or two will push this stock as the shorts scramble. Weekly chart PPO/ADX lines are literally touching signaling a break out to the upside. Current float confirmed today at 15.8MM. About 5.5 million are held by insiders(agents), leaves about 10.3 million for us investors to play with. 135K market cap as we speak, 9 month revenues reported today 371K. 10-15 new agents coming on board by the end of january. Looking at adding 40-50 more in 07 with anticipated revenues around 2-3 million (conservative measure suggested by co in my conversation today). In addition they are frustrated by the recent drop in pps and are looking at corrective measures as they feel they are being shorted to death and the pps doesn't fairly justify the strides they have taken recently. Looking for this news soon. Quick synopsis of my chart review and phone convo from today here, after what i heard today i'll definetly be adding here in the coming days. GLTA
 
Posted by Jonus on :
 
Holding tight it will happen.
 
Posted by Bachstocks1 on :
 
Still watching close for a bounce back soon.
 


© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2