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Also a very Solid Pick: VRMD should be in the .10's very soon, Radar this and watch for news, there is very little stock left at these prices.
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I'm in @ 0.048 and put a sell in for 0.078. I was away from my computer for two days during the last run and the high was 0.075. Just <holds thumb & forefinger very close together> that much from making a nice profit. For what I invested anyways...
quote:Originally posted by jimbo: I'm in @ 0.048 and put a sell in for 0.078. I was away from my computer for two days during the last run and the high was 0.075. Just <holds thumb & forefinger very close together> that much from making a nice profit. For what I invested anyways...
Do you guys really see double digits?
Jimbo...
Hi, may I ask how you were able to put a sell order in with a OTC stock? Ameritrade will not allow me to do this, grrrrr
quote:Originally posted by Veda: Hi, may I ask how you were able to put a sell order in with a OTC stock? Ameritrade will not allow me to do this, grrrrr
I use lowtrades.com. I have never had a problem placing a buy or sell "limit" order for stock. When I started, they did have an issue with anything under a penny (i.e. I could not make a sell or buy for 0.048, I would have to do it at 0.04 or 0.05) and that killed my share amount or my profit. However, now it is pretty good. They do have a new charge that over 100,000 shares traded they charge .0005 per share. However I haven't had a clairification if that is everything over 100,000 shares or if that is including that first 99,999 shares. Are you saying Ameritrade will not allow you to make a buy and then place a sell order? How do you sell then?
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On speculation alone I do not see double digits. However, if they announce some numbers from their audit that is expected or some acquisition/revenue news then yes double digits are very possible. That doesnt even include the fact that we are supposed to go to the AMEX this year according to management.
quote:Originally posted by jimbo: I'm in @ 0.048 and put a sell in for 0.078. I was away from my computer for two days during the last run and the high was 0.075. Just <holds thumb & forefinger very close together> that much from making a nice profit. For what I invested anyways...
I can't see it getting to double digits right now. IMO. Just by doing what research I have and trying to analyze what I can. Gosh, I hope I am reading everything all wrong!!! I would like to see this run and make a profit. I hate that I am seeing a negative beside this one in my porfolio. What will going to AMEX mean for the pps? Will it make it go up or down? Does that give more validity to the company? Thanks, I'm a newbie at all of this. Appreciate any input you can give.
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Yes the AMEX is more reputable than the pink sheets, pink sheets are known for shady happenings so most people stay away from them.
You can get in with either $3 a share (couple other requirements too)
or a $50m market cap (couple other requirements too)
So with 31mil outstanding shares after this buyback, They will need a share price somewhere around $1.61 to get to the amex. If I understand it right. They seem to be doing everything in their power to raise the price themselves, which is pretty dam cool.
Every share they buyback makes your shares worth more, also it will take very little to get this baby movin Mike
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Veda wrote: Hi, may I ask how you were able to put a sell order in with a OTC stock? Ameritrade will not allow me to do this, grrrrr
--------------------------------------------- You should be able to do this with no problem. It has to be a limit sell order. Make it Good til cancelled (GTC) and the price you want. I don't have Ameritrade but would be shocked if you were not able to do this. No one would use them if it were not possible. GLTY-Debi
quote:Originally posted by WWJD-thru-me: Veda wrote: Hi, may I ask how you were able to put a sell order in with a OTC stock? Ameritrade will not allow me to do this, grrrrr
Did everyone see the news after the close. Fantastic ,great this stock will be moving very fast we can see $3 by next year. Vision Real Estate Management and Development to Add $42,000,000 to Company
2004-05-14 16:09 ET - News Release
ALBANY, N.Y. -- (Business Wire) -- May 14, 2004
Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD), today announced it has signed of a letter of intent to acquire MEM Financial Solutions, Inc. "MEM Financial Solutions has experienced a double digit growth rate, year over year, for the past several years," stated Mr. Mark McLeod, CEO and Founder of MEM Financial Solutions, Inc. Mr. McLeod is currently a member of Vision Real Estate Management and Development, Inc.'s board of directors. "We, at MEM Financial Solutions, are very excited to join the family at VRMD. We are ready for the increased growth that being part of a public company will enable us to achieve." In 2003, MEM Financial Solutions, Inc. had revenues of $42,000,000. In 2004, given current revenue streams, MEM expects revenues to exceed $75,000,000. "The acquisition of MEM Financial Solutions will result in dynamic growth in revenues and earnings for VRMD," stated Daniel J. Duffy, Vice President of Vision Real Estate Management and Development. "We anticipate that this merger will close at approximately the same time as the OM Company acquisition is completed." MEM Financial Solutions is currently licensed as a mortgage broker throughout the Northeast, and is pursuing to be licensed in every state in the union by 2005, with a total operating volume of $42,000,000.00 in 2003. With branch offices in Clifton Park New York, Glens Falls New York, Albany New York, Port Saint Lucy Florida and headquarted in Half Moon New York. MEM Financial Solutions offers purchase, refinance, construction and equity loans to the conventional, Sub -Prime, Jumbo, modular & Manufactured home markets, as well as products securing commercial property, through over 120 mortgage lenders. MEM Financial Solutions, Inc. was founded by Mr. Mark McLeod in 2000. The company has grown to 31 employees, has completed 1050 mortgages since inception, and its total revenue since inception is $130,000,000. The company currently has 4 mortgage offices and is waiting on approval to open the 5th.
quote:Originally posted by WWJD-thru-me: Veda wrote: Hi, may I ask how you were able to put a sell order in with a OTC stock? Ameritrade will not allow me to do this, grrrrr
Veda If you can't put in a sell order through Ameritrade your doing something wrong, Call them. I trade penny's and Micro penny's through and have never had a problem, sold USCI Friday at .0005 and you don't get much lower than that as the only go to 4 digets. Click sell, go to the right and it will ask what the ticker is, put that in with the amount of shares. the next screen will ask how to do it click limit put in the price and to the right click GTC then hit enter.
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