quote:Originally posted by databig: still a good time to get in , when sept rolls in and gets closer to the 30th she will move with the free shares comming
No doubt in my mind that this stock will rocket upward just for the free shares. Usually forward splits jack the price through the roof!
Posts: 1254 | Registered: Aug 2005
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posted
forgive my newness. but is it smart to sell befor or after the FS. can u still get out right after a FS?
Posts: 583 | From: Atlanta | Registered: Aug 2005
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posted
im selling into the run before the forward split, i think i posted my reasoning for this a few pages back, either way you make money
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Well, there are two sides to this. There is usually a big run up going into a forward split. Some hold on and get the free shares but usually the stock dips down shortly afterwards. Then you have others who sell into the forward split who make a nice profit but don't get the free shares. This is more like do you see the glass half full or half empty.
Posts: 1254 | Registered: Aug 2005
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posted
you never know, what if she takes off and before the 30th she hits 1/2 penny or 1 penny hard to tell sometimes when they fly you can't stop them, we'll see.
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
I have found it very informative to follow your thread, as well as advice from FatherOfTwo. I bought this a few weeks ago (Unfortunately when it was at a high .005) but believe it will return to a better yield. I was wondering what made it drop so drastically from (some one said .39) to where it is today? Any info will help.
Posts: 35 | From: Mauldin , S.C. | Registered: Aug 2005
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quote:Originally posted by amos moses: I have found it very informative to follow your thread, as well as advice from FatherOfTwo. I bought this a few weeks ago (Unfortunately when it was at a high .005) but believe it will return to a better yield. I was wondering what made it drop so drastically from (some one said .39) to where it is today? Any info will help.
Someone posted an interesting read on another forum about a week or so ago. It dealt with the CEO starting this company after leaving another company that he basically ran into the ground. I know, doesn't sound promising but it is a different business this time around so who knows.
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posted
I recieved my free shares today. Anyone else? i thought they were not coming until the end of September
Posts: 166 | From: Phoenix, AZ | Registered: Jul 2005
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posted
15 per 100 - i thought it was to be 50? Maybe those will come at the end of Sept?
Posts: 166 | From: Phoenix, AZ | Registered: Jul 2005
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posted
not supposed to receive any shares till sept 30
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
If you have Ameritrade, run the tax report and it will show an error alert - because the dividend hit, but hasn't updated through the system. So, it shows your new number of shares, but it doesn't show up in my protfolion yet. I guess it will update shortly.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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quote:Originally posted by JIF: If you have Ameritrade, run the tax report and it will show an error alert - because the dividend hit, but hasn't updated through the system. So, it shows your new number of shares, as a message in the tax report but not in the portfolio. I guess it will update shortly.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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ST. PETERSBURG, Fla., Aug 22, 2005 (BUSINESS WIRE) --
All mentions of the date September 31 should say September 30.
The corrected release reads:
COMMONWEALTH AMERICAN FINANCIAL CORP. ANNOUNCES REVISION AND INCREASE OF FORWARD SHARE SPLIT
Commonwealth American Financial Group, Inc. (Pink Sheets:CWMF) announces that the Board of Directors of Commonwealth American Financial Group, Inc. have voted to revise the forward split of the outstanding shares of the Common Stock to fifty(50) new shares for every one hundred(100) shares of common stock held on September 30, 2005. To the individual shareholders, this action means that all shareholders of record on September 30, 2005 will receive an additional 50 shares of common stock for every 100 shares they own. The shares received will not be in addition to the extra 15 shares announced on July 27, it is a change and increase of the shares to be received from 15 to 50 new shares. In addition the record date has been changed from August 31 to September 30, 2005.
Damian Guthrie, President said, "We want to thank our shareholders for their tremendous interest in the company." The mission of Commonwealth American Financial Corp. is to invest in land development projects either as developer, joint venture partner, lender or create mezzanine financing opportunities. The company will also grow by acquiring subsidiaries in related fields: construction, real estate brokerage-appraisal-management, in Tampa, St Petersburg, Orlando, Miami, and Ft. Meyers.
Posts: 289 | From: Atlanta | Registered: Jul 2005
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The Check-Up feature identifies problematic or missing trade activity. The feature analyzes your portfolio and lists items that require your attention. Please review any items listed below, and make the necessary corrections before generating your Tax Reports.
Gain/Loss Tracker Position Alerts This report alerts you to any portfolio inconsistencies Gain/Loss Tracker may discover in the daily processing of your account.
quote:Originally posted by JIF: I bought on 08/03, 08/09 and 08/23.
I swear it shows up - here is the cut and paste:
Check-Up
The Check-Up feature identifies problematic or missing trade activity. The feature analyzes your portfolio and lists items that require your attention. Please review any items listed below, and make the necessary corrections before generating your Tax Reports.
Gain/Loss Tracker Position Alerts This report alerts you to any portfolio inconsistencies Gain/Loss Tracker may discover in the daily processing of your account.
posted
Gig me a star, but Ameritrade is telling me I got a dividend - it shows up as a "Corporate Action" (CA) Stock Dividend
The Icon represents a corporate action has occurred on this position. When a new position has been created by the action, you can click on the name of the new security to see the details of the new position. You can not delete corporate action events. They are market driven.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
same with choicetrade...no volume..i'm just sitting on some of this waiting for end of sep..everyone else is prob doing the same
Posts: 289 | From: Atlanta | Registered: Jul 2005
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-------------------- siggy: 'the poorest way to help the poor is to be poor' / jmichael1974 (yahoo) Posts: 836 | From: Atlanta | Registered: Aug 2004
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posted
i think she will bonce around alittle , but closer to the end of month people will get interested , free shares,
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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almost everything traded today at the ask and been that way for days telling us No Delution guys ;0)
0.0002 65000 OTO 15:08:18 0.0002 1000000 OTO 14:33:22 0.0002 4800000 OTO 13:17:22 0.0002 9000000 OTO 13:17:12 0.0002 1300000 OTO 13:14:27 0.0002 2000000 OTO 13:11:29 0.0002 1500000 OTO 12:32:57 0.0002 5000000 OTO 12:15:41 0.0002 500000 OTO 12:15:34 0.0002 6000000 OTO 12:15:33 0.0002 2500000 OTO 12:15:03 0.0002 6315000 OTO 12:13:30 0.0002 6500000 OTO 12:13:24 0.0002 500000 OTO 10:33:55 0.0002 200000 OTO 10:17:40 0.0001 1000000 OTO 09:45:56 0.0001 750000 OTO 09:35:53
-------------------- siggy: 'the poorest way to help the poor is to be poor' / jmichael1974 (yahoo) Posts: 836 | From: Atlanta | Registered: Aug 2004
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lol go figure.
