posted
I would assume that this stock has moved from non existant on the Top 100 trading issues list to quite a ways up the list today! This is the first day in the life of this play!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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quote:Originally posted by rickpic: Ammerman then stated that he had authorized the initial Cost Analysis of the projects driven by the recent windfall of a Private Placement Funding Agreement for $20M, as reported previously some days ago. Moreover, he mandated that, "It is an absolute goal of this organization to formally audit everything remotely resembling a number or value around here for the sole purpose of delivering a dividend to shareholders of this company.
"We will simply work these people out of the way," he said. "We will work harder and smarter and with the accuracy of audited financials. We will put this behind us permanently, and get on with the business of growing businesses...not mounds of stock certificates."
I highlighted this post for a reason! Dividend and attitude!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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-------------------- Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top Posts: 746 | From: Pawtucket, MA | Registered: Jan 2005
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posted
pick em that means that for every buy there is a sell of the same amount of shares reflected on the time and sales! Most of which has been used to make the stock look weaker today!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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posted
I doubt any CEO can do much about short selling... but at least he'll try!! maybe he can root them out....
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
So really, is there 7.6 mil in volume, or is half of that mirror and the other half real volume.
Let's hurt these MMs!
-------------------- Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top Posts: 746 | From: Pawtucket, MA | Registered: Jan 2005
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posted
G-Ho thats a good question! The volume is what it says, but you are correct! Aproximately half is buys and half is sells! When there are mirror trades it means they are filling incoming buy orders with existing sell orders. I would say they shorted a conciderable amount of the trades today! That means that there were no shares at all to cover what they sold and they will need to go find them to cover, if they choose to cover that is! Sounds to me like the CEO is getting ready to slap a dividend on the table to throw a curveball at them!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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So 2 million valuation seems cheap, and 10 million seems reasonable. And note that the valuation at the IPO (at 0.25 PPS) was about 5 million.
Posts: 323 | From: Honolulu | Registered: Sep 2003
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posted
28,500 shares went by at the exact same time at .007 and .006 so what happened? someone sold at .007 and bought at .006? Where's the difference? How does shorting figure into it? MM's short sold to the guy buying at .006 and used the $$$+ more to buy from the guy selling at .007 to fill his order? then they lose...
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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If the company declared a 1 cent divident tomorrow, and the MMs are short 5 million shares, wouldn't they be obligated to cover the dividend?
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quote:Originally posted by rickpic: you can't hurt an MM! All they do is electronicly fill trades that come through them wile taking a commision off of each and every trade!
posted
Right Tom and you didn't even add this $12m in there!
NASHVILLE, TN, Aug 17, 2005 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. ( LFWK ) today announced a Joint Venture Agreement with Consultech Construction Management, Inc. that mandates a three-year term for design, planning, and consulting services in two target markets: one in Canada, the other in Europe (Germany). The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production. The Agreement was finalized yesterday evening between LFWK CEO Dennis Ammerman and "CCM-Europe" Director General, Dr. Phil Roth, and will commence with a formal document-signing late next week.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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crap I saw BLYC moving a bit late yesterday... could have had almost a double today!!
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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If the company declared a 1 cent divident tomorrow, and the MMs are short 5 million shares, wouldn't they be obligated to cover the dividend?
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quote:Originally posted by rickpic: you can't hurt an MM! All they do is electronicly fill trades that come through them wile taking a commision off of each and every trade!
absolutly! Any cash dividend would hurt the shorts big time!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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Nashville Business Journal Residential lofts have seized Dennis Ammerman's imagination so much he is creating a furniture line specifically for lofts and developing a national TV show highlighting the loft lifestyle.
Ammerman is founder and CEO of LoftWerks Inc., a residential developer that relocated to Nashville about a month ago from Detroit and is converting the Ambrose Building downtown into 21 lofts.
The total investment in the furniture line and "Loft Wise," the TV show, probably could total $2 million. A pilot has been shot for the show, and talks are under way with broadcast networks, he says. He expects the show to launch next spring.
Ammerman says he is developing an edgy furniture line suitable for the taller dimensions of lofts, which which can have 14-foot-high ceilings.
posted
This might sound silly... But if the float really is only 382k, and assuming that common shareholders (like you guys) really own say 5 million shares, are those shares legitimate? In other words, is it possible to allow shareholders to own more shares than are available in the float?
Posts: 415 | Registered: May 2005
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