quote:Originally posted by Fairly_New: Guthrie # 786 246 1077 --- Go ahead POD, ask him yourself
thanks, fairlynew--- all i get is the T-mobile messaging center... oh, well, nice dd you guys have all been doing on this one... i know everybody cringes when i post--- but all i'm doing now is tracking real numbers-- let the jury decide--- anyway, somebody said the only way from here is up. so as long as dude keeps his promise about no r/s it should all be good... best luck to all
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Bought more yesterday at .ooo2 making a total of 500,000 at an average of .00024 .Hope we see green soon ! I have know doubt we will.
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correct me if im worng, but Fairly said that guthrie is to meet with two MM firms this week. is that today, tomorrow, or has it already happened?
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Has anyone here been able to buy at .0001 ???
I need to sell at .0004 to avoid loss, but if this thing is going to keep flipping from 1 to 2 then I'm thinking I might be best off selling everything at 2 and then buying back in when it drops to 1 again, and then hoping to sell at a 3 for a profit.... or, if I hold my current shares, then at least averaging down by buying at 1. Averaging down by buying at 2 would be fine by me except that everytime this thing drops to 1 it makes my brain explode, so I'd prefer not to average down only to end up with more losses....
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I dont think anyone has talked to guthrie after that, or at least in regards to that meet? Maybe fairly can give him a ring tomorrow or monday and see whats up?
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Just got this from Yahoo. Could be good news for us:
FEMA to Reassess Katrina Contracts
WASHINGTON - Federal contracts for Hurricane Katrina recovery efforts that were handed out with little or no competition will be rebid to prevent any waste or abuse, FEMA chief R. David Paulison said Thursday.
"I've been a public servant for a long time, and I've never been a fan of no-bid contracts," Paulison told a Senate panel investigating the Federal Emergency Management Agency's response to the hurricane. "Sometimes you have to do them because of the expediency of getting things done. And I can assure that you we are going to look at all of those contracts very carefully."
"All of those no-bid contracts, we are going to go back and rebid," he said of pacts that were worth millions of dollars.
In the weeks after the storm, more than 80 percent of at least $1.5 billion in FEMA contracts were awarded with little or no competition, or had open-ended or vague terms that previous audits have cited as being highly prone to abuse.
Sen. Joe Lieberman, the top Democrat on the Senate Homeland Security Committee, questioned whether FEMA should look at having contracts for services — including housing and supplies — already in place before a disaster strikes.
"It sure looks with hindsight that FEMA would have been in a much better position if it had had a lot of contracts in place that had been bid that were standby contracts to provide exactly the kind of services that FEMA rushed in to provide on a no-bid basis — and which we fear the taxpayers may have ended up paying more money for than they should have," said Lieberman, D-Conn.
"Hopefully we can put things in place for the future where we won't have to depend on no-bid contracts for future use," Paulison said.
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I was kinda thinkin they would have awarded contracts by now. But it doesnt sounds like there is normal conditions for awarding contracts right now, so it might take another week or two possibly. What does everyone eles think?
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No way - I think FEMA has to abide by gov. regulations around procurement.
That means they have to assess the needs, then draft an RFP (request for proposal) and then let all the companies submit proposals. This ensures a fare bid scenario.
That takes time.
The only exception is like Halliburton who gets in there because they're the only ones who can do it and it has to be done immediately.....
Maybe that applies here, since it is a disaster and it easily qualifies as an emergency situation.
However, the smaller contracts and clean up work.....most probably long term projects requiring RFP process.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by JIF: No way - I think FEMA has to abide by gov. regulations around procurement.
That means they have to assess the needs, then draft an RFP (request for proposal) and then let all the companies submit proposals. This ensures a fare bid scenario.
That takes time.
The only exception is like Halliburton who gets in there because they're the only ones who can do it and it has to be done immediately.....
Maybe that applies here, since it is a disaster and it easily qualifies as an emergency situation.
However, the smaller contracts and clean up work.....most probably long term projects requiring RFP process.
I was meaning at first they seemed like it wasnt bidded properly, now it will cost time to go back and do it the right and fair way. I didnt mean they were still doing it wronge, excuse my lack of communication.
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Before this company became CWFG, there was talk that the split might make everyone a profit even if this company didn't score a FEMA project. That didn't happen -- instead the split left most of us a little lower. So, now let's say CWFG doesn't land a FEMA contract.... What are the chances we'll ever see a run or even an upwardly mobile crawl at that point? Does CWFG have anything else big or even medium-sized in the works that anyone here knows of, other than these small Florida projects?
With a FEMA contract we could easily be talking a rise to .001 or above, depending on the contract. So the risk vs. reward is pretty goo for anyone buying in at .0001 or .0002. For those of us that bought before the split at what is now a .0003 or .0004, the bet isn't as safe anymore.
But most of us could make a small profit or break-even with a move to around .0004 or above, correct? So how long before you think we might see even a small rise like that? Again, in the worst-case short-term scenario -- no FEMA contracts or related work -- is this stock still worth our time?
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quote:Originally posted by fishfarmer: Its on sale
Of course it is! But you get what you pay for!
I'd wait to see a good, solid PR on contracts before I dive into this one. You might miss a few ticks, but at least you'll know this Damian Guthrie guy is actually doing something with his business!
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