posted
Here is why I am thinking of holding through the split now that we are seeing nice stability at this level: Say you have 1 mill shares at .0005, value $500. Post split you will have 1.5 mill obviously, value at .0005 $750. However, lets forsee a 33% fall in pps (thus keeping the market cap the same) because the o/s will be 33% greater (in terms of relative o/s, meaning the o/s after the split). .0005*.33 = .000335. Meaning that it will take for this to fall to .0003 or below for us to lose money on this if you bought at .0005. My guess is that it wont go that low, bc our pps will go up (again obviously) pre-split. This is a no lose situation going on pure math.
-------------------- 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.
IP: Logged |
posted
the bids at 4 are getting stronger while the ask is thinning, i thikn once we see the 7's we take of and head for the .001's to form a base there
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come!
IP: Logged |
posted
Imran - I am in agreement with you. People want to see a pop of two or more, but just like the other day. This thing was trying to push .001. If it goes just over that to .0011 this thing will automaticall jump .0014 easy and I am calling it now so I can get the credit for it. Example when this thing hit seven it went directly to .0009 and stayed there. It jumped two because people saw us break the barrrier. The same thing will happen over .001. I hope everyone the best. BIG RED hang in there man. We have all taken a pounding over the past few months because of the economy and weather. You will do fine$$$$$$ :-)
posted
Hey guys. I'm looking for this to pop. I actually was in at .0003. I sold at .0005......but couldn't resist, so I'm back in today at .0005. Was hoping for .0004 but no execution.
GLTA
-------------------- You can't afford to risk, what you can't afford to loose.
IP: Logged |
quote:Originally posted by needfastmoney: i bought at .0006 i am down but i think it will go up. i am down with many stocks someone help me out on picking a stock worth it
If you are looking for a short term gain, then you already own this stock. If you want a real winner of a pick then go with CESY for the long haul growth.
IP: Logged |
posted
on another board someone mentioned this could ((( maybe ))) move like ZENX , and that ZENX was at .10 amonth ago looking back,, and there first contract was for 20 mil..and now they were increased to 60 mil, i guess time will tell, CWMF does have the DHS-FEMA contractors approval number...and from what i understand not everyone gets a DHS-FEMA number. correct me if iam wrong lets hope for the best. and CWMF does get contracts.
IP: Logged |
posted
wouldn't that be great! I think a contract or two could make this stock scramble.
Here's a question, I remember reading when I was first doing some research on this one that the split was originally scheduled for August 31 of this year, with 15 for every 100 F/S.
Then they delayed that to the end of this month for a 2-1 F/S.
Any idea why they delayed the split? Any chance of that happening again?
IP: Logged |
posted
It really is a 2/1 forward split, as hard as that is to believe on a stock selling at this price:
COMMONWEALTH AMERICAN FINANCIAL CORP. ANNOUNCES REVISION AND INCREASE OF FORWARD SHARE SPLIT
ADVERTISEMENT
Commonwealth American Financial Group, Inc. (Pink Sheets:CWMF - News) 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.
-------------------- I may be wrong, but I don't think so....
IP: Logged |
posted
where you all are gettin a 2-1 split i have no idea. But a 50%increase in shares is what i am gettin
2 for 1 makes me think i will have, after the split, three times as many shares.
Now they said we are getting a 50 for 100 fs, which can be noted easier as 50-100 FS, now correct me if i am wronge. Now what math do yall use to flip that ratio around to 2-1? PLease shed some insite, because i have no clue.
IP: Logged |
posted
just hope it doesn't end up like UNQT.That also did a forward split and now its sitting @.0001.I have a feeling this is going to do the same
IP: Logged |
posted
has anyone tried to call Mr. Guthrie to see what ( might be expected ) as far as contracts are concerned,,if so please share. (786)246-1077
IP: Logged |
posted
Unless they have a positive pr out we all should assume that this stock will do nothing unless the pumpers and dumpers get ahold of this
IP: Logged |
posted
Yes, I stand corrected, it is a 3:2 split or 1.5:1....don't know what I was thinking...but it is a forward split nonetheless...would expect the price to go down 33% to compensate for the split to get your value back to even.
-------------------- I may be wrong, but I don't think so....
IP: Logged |
posted
i would think that if they have the FEMA number that they are really tring to get contract work in realty we should expect some contracts there is work in that area to be had.
IP: Logged |
quote:Originally posted by BULListic: Yes, I stand corrected, it is a 3:2 split or 1.5:1....don't know what I was thinking...but it is a forward split nonetheless...would expect the price to go down 33% to compensate for the split to get your value back to even.
now yall are making more sense.. cool beans
IP: Logged |
quote:Originally posted by databig: i would think that if they have the FEMA number that they are really tring to get contract work in realty we should expect some contracts there is work in that area to be had.
Hopfully CWMF wins the bid on at least a few projects. These are gonna be high dollar bids, they better have thier act together.
IP: Logged |
posted
Remember that Texas is one of the states they focus on. With Rita lurking in the gulf, it appears that she will make landfall somewhere between NO and TX. Unfortunate for the residents there, but this is only going to add on the huge rebuilding plan already underway. The government will be scooping up any contractor that is available. Since CWMF has its FEMA number, the opportunities for contracts and profit are endless. CWMF will be a funnel to collect and capitalize on the rebuilding opportunities for years to come. --IMO of course
IP: Logged |
posted
I am in this but very skeptical unless they have a contract written in stone.Got burnt to many times on these scams unless something positive is put in writing and not just a pipe dream.
IP: Logged |
-------------------- 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.
IP: Logged |
posted
why say to buy when this has stayed this low for a while now.when i see some good hard facts then i will pick some up not just when some of you are telling us to buy buy buy great entry point but when the company come out with something postive then i will buy.Do your own dd
IP: Logged |
-------------------- 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.
IP: Logged |
posted
thats the first time the ask has been at 4 since last week, and NONE of us have gotten filled on the bid of 4, and im not telling you to buy, im simply alerting to the low ask, if you want to fly blind, fine by me
-------------------- 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.
IP: Logged |
posted
ya ya no one is telling you to buy. You are your own person. I don't think that you should sway people either way, just like no one should sway you to buy you shouldn't sway anyone not to buy. Fact is 1) CWMF is going to split shares for every 100 shares a stockholder owns as of Sept. 30th. 2)Only so many people are getting a FEMA contractors number which CWMF has. 3)The place is totally devasted and there will be more work than any one or one hundred companies can take care of so I'm not worried about if they get a contract it's just a matter of when. The artical said that they have partnered with some companies from the area. Obiviously those guys are already in business in that area and know people so that is a good thing. There is more positive than negative. If you feel negative about it then why own it. Sell your shares and be free of this. Don't bring your negativity in here so that we have to argue. People are just expressing themselves. If this was flying high you would have no problem posting positive. Don't be a roller coaster up and down. Like it or dump your shares.
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
![[Smile]](smile.gif)
