posted
From my technical perspective, it doesn't have a lot to offer. The price is nice, but are you looking for something to happen to raise it?
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
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posted
imo, we won't be hearing anything until they have something to report on revenues. That probably means we will have to wait for a quarterly report.
As the CEO said: "The success of the company is not going to be based on any single project or endeavor, but essentially on a series of many purposeful steps."
"'Silent Periods' will occur when there is simply no news to report."
"...press releases will only be distributed when there is tangible news to report."
In other words, they are working on a plan which will take time. Whether you believe them or not is what will determine your actions concerning UNQT at this point in time.
Personally, I think they are on the level, but that's just an opinion.
PS: I left off the warm and fuzzy text. You can read all the text in the CEO letter.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
I like this because everyone right now is just sitting on their shares and are not going to sell short term.....all the shorts are out and this stock has had small volume as of late.....I look for it to finally start paying off soon in the near future.....
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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Union Equity Appoints President for Subsidiary Preferred Properties Real Estate Inc. Business Wire - August 15, 2005 08:37
PALM BEACH, Fla., Aug 15, 2005 (BUSINESS WIRE) -- Union Equity, Inc. (Pink Sheets:UNQT) management has appointed Ms. Cyndi Lindenberger as president of Preferred Properties Real Estate, Inc., its subsidiary that is currently applying for correspondent lender status.
Correspondent mortgage lenders are authorized to originate and broker residential and commercial mortgage loans and collect a commission in the process.
Ms. Lindenberger possesses more than 20 years of experience in residential mortgage loan origination, processing, underwriting and real estate speculation.
Upon issuance of the correspondent lender license, PPRE will affiliate with a wide variety of wholesale lenders in order to accommodate conforming or "A" borrowers to those borrowers who fall outside of the requirements of traditional loan programs, otherwise known as "B-C" borrowers. Ms. Lindenberger is highly motivated and experienced in completing no doc, low doc and stated loans for clients.
In addition to fulfilling her responsibilities as president of PPRE, Ms. Lindenberger will act as Senior Underwriter for Union Equity Inc., analyzing files for loans Union Equity funds directly.
PPRE will offer loans to the general public but will also act as a support vehicle for Home Sales Express, a Union Equity subsidiary specializing in the For-Sale-By-Owner (FSBO) market.
Home Sales Express, Inc. is a comprehensive resource for homeowners who want to participate as buyers or sellers in the For-Sale-By-Owner (FSBO) market. Through its website http://www.KingOffer.com, Home Sales Express is designed to attract owners of distressed properties that are not yet listed on the open market for purchase consideration by the company. The site can also accommodate owners of conforming properties who want to sell directly without the assistance of a real estate agent.
Upon approval and filing of a Uniform Franchise Offering Circular (UFOC), as applicable and where required by law, Home Sales Express, Inc. will provide franchisees with brand name recognition, a ready-made website and comprehensive marketing support and access to financing through PPRE.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
DAMN!! your fast! i was in the middle of posting the same thing!...way to go lightning. does this look go to anybody else? ill give it a few min then i might be in
Posts: 52 | From: Red Lion PA | Registered: Jul 2005
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posted
I agree lets wait to hear the "P" word! Everyday I look at my scotrade account and when i look at my total account value I subtract UNQT's value. I do not consider this an "investment", I consider this a winning lottery ticket to be cashed someday in the future. Now what day that is who knows... GLTA =)
Posts: 214 | Registered: Jun 2005
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posted
i am ready for this one to hit....housing market in these areas are quit high....I myself would like to invest there.....company will make money if they play the game correctly.....this stock will pay out ......just needs time to develop...
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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posted
What I dont understand is why are there sells at .0001? How can anyone make money selling it that low?? Is it dilution? I am a newbie so could someone please explain it to me.
Posts: 47 | From: Western New York | Registered: Mar 2005
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posted
there loss and our gain.....they sold to put there money elsewhere......stock I like and pick it to increase over the next couple of months one to put away and cash out later....alot of potential here....
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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posted
and remember things at .0001 usually belong there.... it should go lower but it can't....
for example even at .0001 a company with 18 billion shares outstanding would be worth 1.8 million dollars, which easily would be too high for some crap company with no revenue or operations etc. and no prospects.... so if they did a reverse split to lower the shares and raise the price, it would probably crash down another 90-100% after the split, and you're at .0001 again with only a few shares.... i.e. if you had 2m shares yourself after a 1000:1 reverse split lets say, you'd only have 2000 shares....
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
i have scottrade and it says a 1700% increase. dont get happy though, some genius just fat fingered a buy so thats why it is up. the ask is still at .0002...
Posts: 70 | From: Lorton, VA | Registered: Jul 2005
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