-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 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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posted
6 billion shares out there and they are too short to fill my little order? C'mon throw me a bone.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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posted
5 is the bid, has nothing to do with them being short, no obligation to fill you on the bid
only nite left on 6 now
-------------------- 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
its a little dip , the rest of this month will be goooood. FEMA has a lot to spend,,
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
i sold half my shares at 007 today...riding free shares now...I agree this is just a dip..this should be a good play for the next cpl weeks at least
Posts: 289 | From: Atlanta | Registered: Jul 2005
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posted
two 9 mill buys went through again at 6, hopefully this makes a run at 7 or 8 for a close
-------------------- 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
I'm not going to go on record predicting a gap up tomorrow. It would surprise me a little bit if we closed lower tomorrow though. Some have already sold out at 300%+ profit and I am confident that we will see more gains in the near future, if not continuous gains. I see a lot of positive developments with this right now. It is still at a great price. IMO this stock has too much going for it right now to pass it up at this price.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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posted
this is a post from the hub from mberto , this makes a lot of sense....... reason for the F/S is to stop the MMs from shorting the stock....
if MMs have to pay 50% more in a stock dividend it will kill them, right now they are secretly covering, the secret here is to hold and not play into the MMs , if the F/S is to stop the shorting, makes sense to me... GLTA happy trading
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
now let me get this right the company has 6 bill os and they are slpiting again no thanks any idea how many shares need to be sold and then held to move a 9 bill os just take a look at ican thats what happen with that many shares glta
Posts: 629 | From: new england | Registered: Feb 2005
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posted
ican also claimed naked shorting but there wasnt there was 9 billion shares in the float
Posts: 629 | From: new england | Registered: Feb 2005
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quote:Originally posted by bmaxingout: now let me get this right the company has 6 bill os and they are slpiting again no thanks any idea how many shares need to be sold and then held to move a 9 bill os just take a look at ican thats what happen with that many shares glta
I know I know. I can't wrap my mind around it. It is boggling. BUT they are pulling a forward split so the shares will already be owned. It is a little different than dilution (selling shares into the open market). In essence it is free shares if you own CWMF. I would think that would motivate a few buyers in the short term. We'll see how it all shakes out. I can't understand it though. Nothing to worry about one way or the other until Sept. 30 and they have been making good PR's lately.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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posted
down South there is alot of rebuilding to do and CWMF can have a hand in it , loans to contractors, most homes have to be rebuild , i just saw on CNN that insurance companys are tring to get out of paying for claims,, i heard theres work for a couple years down there. cleanup and construction
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
The F/S is being used to combat shorting and manipulation. MM's short a stock, especially penny stocks simply because they are so easy to short. Thats why when this co was listed it was immediately walked down to triple zero. This creates the perfect environment to short a stock, at triple zero all the MM's have to do is let it run a lil to cover a short and the MM's can cellar box this all day long every day until the company files some type of financial showing valuation. The reason the the MM's can walk it down is because the company has filed no type of financials showing valuation. This leads me to how the F/S combats the shorting. If you noticed, the company PR'd the F/S to shareholders of record date August 31st on July 27th, and then changed the record date on August 22nd to September 30th. In effect, any shorts that hold a short position from any day before September 30th are subject to the split. This is a dangerous situation for the shorters. If they short now, they know that immediately after the split the shorts are even shorter, and the BOD could file some goodies and force a short squeeze. The company can keep using the F/S until they get some financials out so investors wont have to suffer being held down by shorty.
Did some quick scanning through google and found that Damian Guthrie, the president of CWMF gets around alot. This guy is tied up in alot of companies, and is an inside holder of Capital Solutions (CNOS), which is also affiliated to Corporate Mortage Solutions (CMSI) whos president is Damian Guthrie.
Will do some more digging later. Have a feeling this rabbit hole goes alot deeper than it appears.
Posts: 59 | Registered: Sep 2005
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posted
Hey Micro - I hope you dotn mind but this is a great post from HSM...
Exactly. Makes you wonder about the timing of all of the news, and its ties with the volume.
July 26th CWMF hits triple zero July 27th CWMF announces F/S August 6th volume starts to pick up August 22nd split record date and ratio changed August 26th & 28th first big volume days September 6th company starts releasing good operational PR's September 12th & 13th huge volume on katrina related news
On the outside it looks like the CEO actually knows what he is doing. Now we need to dig deeper into the CEO's past and his connections with other stocks. We know the CEO knows how to file because he filed a 13D about his holdings in CNOS. This shows he understands the imprtance of filing, hopefully we will see some financials before or right after the split.
This reminds me of UCAD, anyone familiar with CMKX and UCAD remembers when the shorts squeezed UCAD to cover and they kept F/S to keep the squeeze going.
Il look for some other examples of F/S being used to combat shorting.
I do remember that last great run on UCAD before their split.
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
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posted
eerily quiet this morning in terms of volume, im thinking lots of traders are waiting to see if there will be a sell off
-------------------- 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
selling, i sold enough to get back my initial investment, and i have an order in at 4
-------------------- 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
this could see a 50% retracement, not a bad thing might go to 3, before bouncing back
-------------------- 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
Im holding til the 30th. The MM's will take it up before the split to short it and make money of the spread on the way back down post split. I also think this will run on good news since this a dangerous stock to short right now, so I will probably take profit on a good run and flip before the split.
Posts: 59 | Registered: Sep 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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posted
thats fine with me, orders in at 3 and 4, just gonna double my possition for free
We bounce when this hits 3, maybe even when the ask hits 4
-------------------- 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
Once i free up some funds in a day or 2 i am in hoping for a drop to 2 or 3
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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posted
nite on the ask at 4, really trying to shake some shares out to his buddies (and me) at 3
my order at 4 filled when nite went to the ask
-------------------- 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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