posted
Hey sounds alright, I picked a small amount @.0115 I used a limit(wanted a position), Think we may see a little bit more of a pull back that will offer an even better entry point over short term here. will be watching closely good luck to you Joe
quote:Originally posted by JOE COOL: NO I HAVE NOT BEEN ABLE TO FILL MY ORDER, SINCE I NEVER PUT A MARKET ORDER, MY LIMIT ORDERS ARE ALLMOST ALL WAYS HARD TO FILL OR SLOW TO FILL. BUT I'M HOPPING IT DOES GO TRUE.
I HAVE A STRONG FEELING WITH THIS ONE. JUST KEEP A CLOSE WATCH ON IT.
Central Wireless Announces Terms on Tower Acquisition
SARASOTA, Fla.--(BUSINESS WIRE)--Nov. 24, 2003--Central Wireless, Inc. (OTCBB:CWIR - News) announced today that it has agreed to terms to acquire three 260 ft. guyed towers for installation at future sites. The towers are being acquired from Diversified Management, Inc. in exchange for 400 million shares of the Company's restricted common stock.
The towers are capable of handling up to four wireless carriers per tower, They will be used at sites in the current expansion project underway in the Southeastern United States.
The Company's Vice President of construction announced today: "This acquisition is a great opportunity for Central Wireless to derive recurring revenues from and build assets and bring substance to the companies bottom line. In addition, the expansion that we are seeing in the Southeast should give us a foundation for long term growth in recurring revenues."
The Company has set forth on a major construction growth phase in the Southeastern United States. To date, there have been announcements on six major tower construction projects including the 260 ft. Sasser Tower facility, the 280 ft. Ousley Tower facility, the 280 ft. Norman Tower facility, the 360 ft. Georgetown Tower facility, the 195 Ft. Line Tower facility, as well as the 300 ft. Greens Cut Tower facility.
All of the construction projects are being completed for Alliance Tower, Inc. of Sarasota, FL and are located in Georgia and South Carolina.
Posts: 95 | From: Watertow, MA, USA | Registered: Dec 2003
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posted
Should be a great year for CWIR...Partial Summary of Towers Outlined in ALLC Excel Sheet for Site Locations
Four Towers are listed as being constructed. Each of these was built by CWIR and have been described in recent press releases. (Ousley, Norman, Pineboro, and Greens Cut).
One Tower is listed as being currently in-construction. This is the Sasser facility and has also been described in a recent press release by CWIR (January 7, 2004). Based on my estimates this tower should be completed in approximately two weeks time. I would like to say 10 days as was the case in the last two towers, but a couple of the earlier towers took longer to complete.
Twelve Towers are listed as Development/Ready to Construct. I won’t go through all of the names here, but they are all listed on ALLC site.
Twenty seven sites are listed as being in the development stage. This list includes the Georgetown site which many (some) of us had been expecting news on.
As many of you already know Central Wireless finalized an agreement with Alliance Broadband to provide Development and Construction Services for all of their towers, including site acquisition for wireless tower facilities in the Southeastern United States.
Revenues are estimated at 40-50 K per Tower for construction. This does not include revenue generated for additional services provided by CWIR such as site acquisition, Co-localization studies, site engineering etc.
Posts: 95 | From: Watertow, MA, USA | Registered: Dec 2003
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I'm not trying to be negative at all - but I just read a pile of stuff on RB's CWIR thread that is nothing but Doom and Gloom. Especially by a guy named Hotzanights. He said there are 2 Billion SA??? With high OS and Float? I love tower companies, but I need to study the heck out of this. He makes it sounds like the lower the price goes, the less money CWIR will see of the 5 million???
I'm not trying to bash at all - NEVER have. I'm just gonna have to do a LOT of homework here, and if any of you can save me some time, I appreciate it. He also said they're building towers for ALLC, so I found ALLC, they're on Pinks and almost 4x the price of CWIR????
All help appreciated, Thanks,
Steve
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
LM There is a lot more data on this company than most pennys. Things seem to be moving down the road. I took a 50k position last week. I can aford to lose it all, but don't plan that from the start.
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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LM- It doesn't take much effort to find doom and gloom posters on RB. Whether or not Hotzanights is just bashing CWIR, RB posters dont rank very high on my list of people who want to help you make a good decision.
posted
I will assume that you are hear because you are truly interested in investing in CWIR. I have put other posters from the RB board on ignore...their agendas are clear and has nothing do with investing in CWIR.
Do your DD carefully, as I have.
If you feel that the O/S is too high for a penny stock then this is not a good stock for you to invest in. Keep an eye on it though, because with the first good quarterly revenues or the first tower built for CWIR you can say goodbye to the 0.01 cent range for good JMHO.
Best of luck to you
Posts: 95 | From: Watertow, MA, USA | Registered: Dec 2003
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Does anyone know if there (what) the relationship between O/S & price or O/S & avg Volume, etc VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
Looking at the yearly chart, this broke out big in March last year. I'm in and hoping for a repeat. Thought I'd throw it out there. PR's not bad monthly chart not that good.
Its February and the reverse split rumor hasn't happened yet.
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