posted
Alright, I was happily waiting for this to slowly scratch and claw its way up to 3 or 4 .... and now we're completely and utterly in 1 land. What's going on? Is it dilution? Who would dilute at these prices? Don't you need to pump BEFORE you dump? Or can we blame any of this on MMs trying to squeeze eveyrone out with fear tactics before the stock explodes with contract news? If that's what's going on, they've been squeezing us for months with a lot of amazing patience and care...
If people are actually buying lots of stock at 1 now (whereas before the price kept dropping to 1 but I couldn't actually buy at that price), then we're in bad shape -- it means profit-takers will be able to cash out for big gains every time this goes to 2, which in turns means this will never go beyond 2 and, eventually it'll never even go to 2 at all .... without a big contract, we'll be forever at 1.
Tell me I'm looking at this all wrong. Tell me we've got an inside track on this. That we know the stock will be pumped. That we know at least a small contract will come through....
This is a lousy stock-market day in general, so I expect CWFG to turn back around a bit after the market corrects itself, but if too many people buy in this cheap, then even with a good contract the tons of people selling at 2 for 100% gains will keep this stock tied down...
I'd like to buy in at 1 myself and average down, of course, but even that is beginning to look like a semi-risky move...
Here's hoping we finally get some contracts this month, and not CON-tracts. Eh?
posted
I'm with you Lucas -- I wanted to buy another 5Mill in shares to avg down -- But not now --
Posts: 613 | From: St. Louis MO | Registered: Sep 2005
| IP: Logged |
Commonwealth American Financial Group Announces No Reverse Split; $10 Million New Bidding on Contracts Oct 20, 2005 8:48:00 AM Copyright Business Wire 2005
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Oct. 20, 2005--
Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) announced today that its wholly owned subsidiary Hawkesbury River Funding of Texas, has commenced bidding on projects worth approximately 10 million dollars in the Louisiana region.
The total value of Contracts that Hawkesbury River Funding of Texas is currently bidding on exceeds 16 million dollars. The new construction work involves civil engineering work including, roads and drainage reconstruction and new utilities construction including sewerage, water and electrical construction. Hawkesbury River will handle all bidding at its Dallas, Texas office. The company is preparing additional bids and will meet weekly bid schedules.
Mr. Guthrie, President, said: "we have no plans to undertake a reverse split in Commonwealth American Financial Group, Inc. at this time. We would like to express our commitment to the shareholders that have continued to support the company in the last couple of months."
The mission of Commonwealth American Financial Group,Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine-financing opportunities. The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana.
The Company has established a website http://www.cwmf.net and trades under the symbol (Pink Sheets:CWFG).
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
Source: Commonwealth American Financial Group, Inc.
---------------------------------------------- Commonwealth American Financial Group St. Petersburg Damian Guthrie 786-246-1077 or Fax 727-895-8735
-------------------- 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
| IP: Logged |
posted
the announcement of no r/s is the big part of this
-------------------- 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
| IP: Logged |
posted
need some vol today, announcing no R/S is about the next best thing to announcing contracts
-------------------- 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
| IP: Logged |
posted
yup, but all we need is a little confidence, HDSN is off the ask of 1
-------------------- 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
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
sorry guys I did not know you had a thread already!
its a pinkie which I rarely ever play but this is worth a slice!!
Commonwealth American Financial Group Announces No Reverse Split; $10 Million New Bidding on Contracts
ST. PETERSBURG, Fla., Oct 20, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) announced today that its wholly owned subsidiary Hawkesbury River Funding of Texas, has commenced bidding on projects worth approximately 10 million dollars in the Louisiana region.
The total value of Contracts that Hawkesbury River Funding of Texas is currently bidding on exceeds 16 million dollars. The new construction work involves civil engineering work including, roads and drainage reconstruction and new utilities construction including sewerage, water and electrical construction. Hawkesbury River will handle all bidding at its Dallas, Texas office. The company is preparing additional bids and will meet weekly bid schedules.
Mr. Guthrie, President, said: "we have no plans to undertake a reverse split in Commonwealth American Financial Group, Inc. at this time. We would like to express our commitment to the shareholders that have continued to support the company in the last couple of months."
The mission of Commonwealth American Financial Group,Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine-financing opportunities. The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana.
posted
I am going to hold for a while.I like the fact that the contracts are comming in and that they in my opinion are going after a lot more which will result in the stock price.
Posts: 1086 | Registered: Oct 2005
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
we are going to need about 100 mill in vol at the ask to chew through .0002 i think
-------------------- 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
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
I remeber buying QBID as a joke,I spent $100 at .0001 and made a killing off that when it broke a penny,tell me I wasn't in shock!! This is worth some spare change for sure,I picked up 10m and I will let it sit!
-------------------- 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
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
I think a lot of people are waiting on the sidelines to see what this is going to do.I think if they raise the bid/ask everyone will jump on this and the volume will go crazy.
Posts: 1086 | Registered: Oct 2005
| IP: Logged |
posted
wish some of the inactive mms would join the bid at 1, would be nice to see 7 or 8 on the bid
nite just moved from 3 to 4
ask
2x2 3 4x2 .01
-------------------- 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
| IP: Logged |
posted
need some serious vol to bump etrd and tasl off the ask of 2, imho
-------------------- 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
| 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Cool]](cool.gif)
![[Roll Eyes]](rolleyes.gif)
" AT THIS TIME" 
