posted
Here is why this one looks AWESOME...... 1) Low Float... 7 million as of 11/2004 2) Charts are all turning upward with a low RSI (Oversold) 3) Great news about opening a NY office 4) One of the best business segments (Real Estate) 5) Operates in some of the hottest RE markets (New York and S. Florida) 6) CEO who has his head on straight, with the investors in mind... read the last paragraph of this PR.....
Union Equity Commences Development of Commercial Lending Division Wednesday January 26, 9:05 am ET
PALM BEACH, Fla.--(BUSINESS WIRE)--Jan. 26, 2005--Union Equity Inc. (OTC:UNQT - News), a national real estate development and holding company, has begun development of a commercial lending division.
The impetus for the new lending division came from the recent boom in commercial condominiums in downtown areas nationwide, particularly in South Florida.
"Savvy professionals are tired of paying rent and would rather make mortgage payments against the offices they occupy," said Anthony. "Once again South Florida seems to be leading the nation in terms of innovative real estate opportunities. Commercial condos are selling rapidly but financing can be tricky because they fall outside of traditional banking matrixes. Solid business owners including attorneys and physicians have found it difficult to find financing through traditional sources. We intend to fill this gap."
The company plans to focus on low loan-to-value (LTV) and high quality projects. Simply stated, applicants may be required to put approximately 20% to 25% down on the subject property in order to qualify. Rates and terms will be flexible to accommodate a variety of circumstances and property types.
"Our first and foremost concern is to protect our shareholders so we intend to maintain our same stringent value standards when funding these projects," Anthony said. "In my own opinion our commercial lending division fits perfectly with our existing focus. It just makes sense."
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
Business Description: National Real Estate Development and Acquisitions Firm
State of Incorporation: DE
Officers: Michael Anthony, Pres. & CEO
Fiscal Year End: December 31
Edgar Filing Status: Non EDGAR Filer
Outstanding Shares: 7,000,000 as of 2004-11-24
Estimated Market Cap: 14,000 as of 2005-02-17 (based on Outstanding Shares as of 2004-11-24) Authorized Shares: 20,000,000,000 as of 2004-11-19 Float: 7,000,000 as of 2004-11-19
Current Capital Change: shs increased by 2.564 for 1 split Ex-Date: 2002-01-10 Record Date: 2002-01-09 Pay Date: 2002-01-10
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
posted
Read this recent Yahoo article about 3/4 way down.... "Miami is experiencing EXPLOSIVE GROWTH"....
Nice view: Cities of all sizes embracing high-rise living
Tue Feb 15,10:12 AM ET
Add to My Yahoo! Top Stories - USATODAY.com
By Larry Copeland, USA TODAY
Within an hour of learning that billionaire real estate mogul Donald Trump had signed on to build a luxury high-rise downtown, Stephen Page was ready to buy in.
Former valedictorian charged in Bush assassination plot High court to review assisted suicide law Bush denies any plan to attack Iran Quake flattens villages in central Iran, at least 380 killed Recent arrivals better educated Search USATODAY.com
Photo AP Photo
Snapshots Photo USA TODAY Snapshot How much plastic do you have? More USA TODAY Snapshots
Page and his wife, Linda, paid "close to $1 million" for a 34th-floor, two-bedroom condominium in Trump Tower Tampa, a 52-story, $220 million edifice to elegance that will be the tallest residential building on Florida's Gulf Coast when it opens in 2007.
This city of 321,000 is perhaps best known nationally for its Tampa Bay Buccaneers, who won the Super Bowl two years ago, and tourist attractions such as Busch Gardens. It might be the last place one would expect to find people living among the clouds, in digs outfitted with valet services, exotic wood finishes and imported marble floors with inlaid onyx.
But 3½ years after the Sept. 11 terrorist attacks - when the images of passenger jets slamming into New York City's landmark skyscrapers seemed to underscore the nation's vulnerability - high-rise living is enormously popular. And not just in New York, Chicago and other places long known for it. High-rise condominiums are under construction or planned in dozens of cities.
Cities across the country are witnessing a renaissance of downtown living, and, in every center-city ZIP code, some of the most sought-after addresses tower above the urban landscape. The buildings often include on-site amenities such as concierge service, restaurants, pools and spas. Some are combined with luxury hotels, and some cater to the very well-heeled - Trump Tower Tampa units range from $700,000 to more than $6 million.
"We're seeing only a few (high-rise) office buildings, but dozens and dozens of high-rise residential, mostly condos," says Ron Klemencic, chairman of the Chicago-based Council on Tall Buildings and Urban Habitat. The group monitors skyscraper construction worldwide.
"Immediately after 9/11, there was a lot of concern for tall buildings," Klemencic says. "That, for residential buildings, has gone by the wayside. There still is concern over very tall, prominent office buildings. But people have realized that we live in this free and open society, and we have to maintain our lifestyle as before, and that means living and working in tall buildings."
The lure of luxury
Sharing that sentiment is Trump, who is known to millions as the blunt boss of TV's The Apprentice. His holdings include some of Manhattan's most prestigious residential towers, a luxury condo tower in Las Vegas and hotels and casinos in Atlantic City.
"There is no doubt that Sept. 11 had a big impact on high-rise living," Trump says. "At the time, I was planning to build the world's tallest building in Chicago, but then scaled back the plans to a 90-story tower. However, I think one of the reasons that people have decided to live in tall towers once again is the luxury services and amenities they receive, not to mention the great views they see."
For Page, the possibility of a terrorist attack wasn't really a consideration. "I feel very comfortable," he says of his Trump Tower Tampa condo. "It's not going to stick up 1,000 feet high."
"When I saw it was a project of (Tampa Bay developers) SimDag-RoBEL and Trump, I just knew it was going to be the best address in town. I had to have one," says Page, 40. "Everybody's talking about it. I think it's going to be phenomenal."
It's not surprising that 9/11 fears have eased, because other nations have endured repeated terrorist assaults without people altering their lives, says housing expert John McIlwain of the Urban Land Institute, a Washington, D.C., research group that tracks land-use trends.
Neither ULI nor Klemencic's organization keeps statistics on the boom in high-rise living. But anecdotal evidence is plentiful:
Denver developers plan to begin construction this year on a 50-story downtown skyscraper that will house a five-star Four Seasons hotel and the most expensive condos in city history. It will be one of the city's tallest buildings.
In downtown Milwaukee, construction is underway on two luxury condo projects, the 33-story Kilbourn Tower, with units reportedly selling for $700,000-$2.8 million, and the 34-story University Club Tower, with most units over $1.5 million. They will be Wisconsin's tallest residential buildings.
Portland, Maine, has its own downtown condo boom, including the proposed 12-story Waterview, which will have 94 units priced from $250,000 to $475,000 when it opens in 2007.
Just 16 years ago, Seattle voters banned skyscrapers over 45 stories. Now, Mayor Greg Nickels is calling for new high-rise residential buildings, part of an effort to double the downtown residential population over the next 20 years.
Miami, no stranger to downtown high-rises, is seeing explosive growth in the market, with 70 projects either built, under construction or planned. If all the projects materialize, about 55,000 condominium units would be built in the city over the next 10 years.
Las Vegas is in the middle of an unprecedented surge in high-rise condos, with 1,000 people a month plunking down deposits on units. About 20,000 units in 122 buildings have been approved, and nine buildings are under construction. "We're undergoing the Manhattan-ization of Las Vegas," real estate consultant Stephen Bottfeld says.
Even quintessentially suburban places are cashing in on the trend. In Orange County, Calif., south of Los Angeles, more than 6,500 high-rise condos are under construction or on the drawing board. And on Long Island - one of America's first suburbs - Charles Wang, founder of Computer Associates and owner of the New York Islanders hockey franchise, wants to build a 60-story hotel/condo project that would be Nassau County's tallest skyscraper.
Many projects around the nation aren't "high-rise" by Manhattan or Chicago standards, but they often dwarf local norms.
Boomers feed the demand
Real estate and land-use analysts say many factors are driving the nation's high-rise condo-mania:
A major demographic shift. Baby boomers are inheriting wealth at the same time that they're becoming empty nesters. "We're retiring earlier, and we want to be able to lock and leave," Bottfeld says. "For people in their 50s to their 70s, their most precious commodity is time."
People don't want to spend time mowing lawns, sitting in rush-hour traffic or getting in their cars to pick up the dry-cleaning. If they live in a downtown high-rise, there's no grass to cut, they often can walk to work and cultural events, and many high-rises have on-site concierge service to take care of life's every little need.
Real estate as an investment. Many high-rise condo buyers are young professionals of both sexes and single women who purchase them as homes - and as their primary investment vehicles.
An emphasis in some cities on "smart growth." These principles, which promote the protection of open space by concentrating development close to jobs and services and connecting it with mass transit, fit perfectly with high-rise living.
Page, a developer who lives near Clearwater, about 20 miles from Tampa, says that one attraction for him was access to the city's nightlife. "We love Tampa," he says. "We go there almost every single weekend. We'll sometimes stay at one of the nicer hotels there. Well, now, we can just stay at our own place."
'Never get in the car'
Trump Tower Tampa, which will adorn a revitalized Riverwalk on the Hillsborough River in downtown's financial and cultural districts, is attracting buyers who live on Harbour Island, a tony residential enclave near downtown.
"It's the convenience of downtown living," says Jody Simon, a managing partner of SimDag-RoBEL. "You'll see more restaurants and shops. To be able to walk out your door and take a stroll down to your office and never get in the car - that's what people want."
Trump Tower Tampa will be the city's tallest - and most luxurious - high-rise residential building. But Mayor Pam Iorio, who has made downtown residential development a priority of her administration, says three other sets of twin-tower condominiums are planned.
More than 5,000 downtown housing units, many of them high-rise condominiums, have been approved, says Christine Burdick, president of Tampa Downtown Partnership, a non-profit organization that represents downtown property owners and others.
Burdick discounts questions about whether there are enough people here who can afford Trump Tower Tampa. "There is money in this area," she says. "There are people who want to invest in a quality housing product."
Trump, responding to e-mailed questions, says his building will pump energy into Tampa's revitalized downtown.
"A livable city needs downtown residential development," he says. "It's one of the reasons that Manhattan is so great. I believe high-rise living is here to stay."
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
posted
Just about at it's 10 day volume.....Great pick Jeff...only one left at .006 seem's everytime a buys comes through we blow out another MM....LOL
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
IP: Logged |
posted
I have a feeling that this one will run for at least another day... once the MM's realize they sold all these shares, they are going to have to cover.......I fully expect to see a gap in the morning and a big run tomorrow! My sell point is set at 0.045!!!!!
quote:Originally posted by YANKO: shoot,,, good pick,,, but i dont have any money free,,, i missed the boat
FATHER OF TWO,,, this quote is great,, haha
A good friend will bail you out of jail.... A GREAT friend will be sitting next to you saying "Damn that was fun!"....
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
posted
I think more than one day Jeff but, I do see your sell price and think it will definately hit that....Although I could be wrong....but, I'm looking to sell about the same....
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
IP: Logged |
From their Home Page... Union Equity Corporation was founded in response to the ongoing financial opportunities that exist in the acquisition of commercial and residential real estate. The driving force behind our business model is the ability to move decisively once a viable opportunity is identified. We believe this adeptness in the marketplace sets us apart from industry counterparts who are quick to analyze and slow to respond.
We adapt with the market while maintaining a strict focus on sound real estate fundamentals. While other real estate consortiums operate in a vacuum, we continuously establish dynamic relationships with key industry participants in order to maintain a fresh perspective on prospective acquisitions.
Union Equity intends to initiate long-term expansion into numerous value-driven real estate markets nationwide. In the process we will continue to enhance our capabilities by aligning ourselves with qualified commercial entities we deem to be exceptional.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
Union Equity Begins Due Diligence on Miami Acquisitions Monday November 29, 10:42 am ET
PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 29, 2004--Union Equity Inc. (OTC:UNQT - News), a national real estate developer and holding company, is currently conducting due diligence on several potential acquisitions in downtown Miami. "We can't name the projects currently due to the competition involved but we are willing to say the properties are exclusive condominiums in the banking district in downtown Miami," said Michael Anthony, Union Equity CEO. "Once the contracts are signed full details will be released immediately."
This might explain the big volume day last week!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
posted
This stock is undervalued, oversold, and with a low float, it can definitely climb that high and then some.... I have set my sell point on my own expectations and will not get greedy holding out for more than that....sure I am ecstatic when I get a stock with a 100% return, however, I see alot more potential in this one!
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
Are you bashing to get more is the better question
IP: Logged |
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
Are you bashing to get more is the better question
NO I am not bashing Newbie, But then again you are one of those gullible people that read such a ridiculous expectations and jump in with you eyes closed.
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
Are you bashing to get more is the better question
NO I am not bashing Newbie, But then again you are one of those gullible people that read such a ridiculous expectations and jump in with you eyes closed.
Just curious like I said,
No I am not a newbie, I'm new to this board and can read the charts with the best of them. Like I say are you trying to bash to get more???????
IP: Logged |
posted
prd..... the way I see it is this... the price dropped on NO VOLUME to where it is now. So, IMHO, this will go back up to a more realistic value, which again IMHO, is around 0.05! I have set my sell at 0.045!
Once the get set up in NY.... they should have a huge influx of new buisness, and with the stringent auspieces that they operate under, they only take on sound investments!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
IP: Logged |
quote:Originally posted by FatherOfTwo: prd..... the way I see it is this... the price dropped on NO VOLUME to where it is now. So, IMHO, this will go back up to a more realistic value, which again IMHO, is around 0.05! I have set my sell at 0.045!
Once the get set up in NY.... they should have a huge influx of new buisness, and with the stringent auspieces that they operate under, they only take on sound investments!
FOT
I was actuaclly making sure that i read the .045 right. Hey there is no bashing I hope it runs for you. 900% gai you dont come across those very often.
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
Are you bashing to get more is the better question
NO I am not bashing Newbie, But then again you are one of those gullible people that read such a ridiculous expectations and jump in with you eyes closed.
Just curious like I said,
No I am not a newbie, I'm new to this board and can read the charts with the best of them. Like I say are you trying to bash to get more???????
Look I get my owns and they ussually run. I dont wait for some else to post them. It ends here. .
IP: Logged |
quote:Originally posted by prdponce: .045 That is 900% from where is sitting right now. And over 1000% from where you bought. Are you sure you are going to hold that long.
Just curious
Are you bashing to get more is the better question
NO I am not bashing Newbie, But then again you are one of those gullible people that read such a ridiculous expectations and jump in with you eyes closed.
Just curious like I said,
No I am not a newbie, I'm new to this board and can read the charts with the best of them. Like I say are you trying to bash to get more???????
Look I get my owns and they ussually run. I dont wait for some else to post them. It ends here. .
Then why do you post picks all the time. Looking for some "gullible" newbies?
IP: Logged |
Then why do you post picks all the time. Looking for some "gullible" newbies?
Man I thought that this board was for that purpose. See, I dont pump my picks I post them and said nothing else about them until some one bring it up. You might want to ask a moderator Clyde, I think is his name. He might explain to you that the purpose of this board is to post picks.
Look man have a good one. I am done with it.
IP: Logged |
posted
ponce, don't even waste your time man. Let these cats learn the hard way.
quote:Originally posted by prdponce: Originally posted by Itchy Pitts:
Then why do you post picks all the time. Looking for some "gullible" newbies?
Man I thought that this board was for that purpose. See, I dont pump my picks I post them and said nothing else about them until some one bring it up. You might want to ask a moderator Clyde, I think is his name. He might explain to you that the purpose of this board is to post picks.
posted
WOW! I see your point FOT..... may not hit .045 "TODAY" perhaps FOT has hopes for this company.....And .045 with the way I see this trading "NOW" tells me to sell some along the way and buy more on the dips...COULD DEFINATELY HAPPEN! I see a great run coming in......Something happened today....I got in at .004 and wiped out night with my buy alone....SOUNDS GREAT TO ME....after me it only took a 3 more small buys to get to .005....then I took a nap....so....I'm looking at the chart and see some profit taking happened. All I know is if this thing jumps from .003 to .006 on 2 million shares, I'M IN.......The 100% gain will set some alarms off....traded past it's 10 day volume... And the chart..... http://stockcharts.com/def/servlet/SC.web?c=UNQT,uu[h,a]daclyyay[pb50!b100][vc60][iUo14!La12,26,9]&pref=G
all great indicators to me....
and to the pitts guy.....Welcome... Nasty name but, welcome.....LOL
Set a price for your sell exit....Don't get greedy and don't drag on the coat tails of others.... Just because someone has a new name does not mean they are new to trading. Heck, I now have a whopping 2 posts at IH, doesn't make me new to trading.....so don't get insulted..... Good luck to you......
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Frown]](frown.gif)
i missed the boat
