posted
We just had a forward split not that long ago -- and probably dilution before, during or after -- were we supposed to be worried that they'd screw us over completely with a reverse split this soon? The way I read this press release, it seems like they're saying, out of no where, "Hey, we've decided not to absolutey destroy our shareholders TODAY. But in the near future we can't say for sure. Probably we won't RS you too soon, but this PR shows that we were thinking about it... Now please close your eyes while we get a couple of you to buy at 2 before slamming the price back to 1."
Or am I being too cynical? Or did I miss something earlier? Is this really a great PR release that spells certain success for all of us?
I wonder how many other companies are competing for these same contracts -- that could make a big difference on how we estimate the potential here. If contracts are split evenly and CWFG is only going up against 3 companies, that';s one thing -- if they're going against 10,000, well, that's another story.
I've got a spread of limit sell orders our there ranging from 3 to 9 now. I thought maybe I'd see some bites at the lower end since everyone is so excited about this PR and the columne was high -- so what a kick in the teeth the drops back to 1 are!
Maybe we'll get a big end-of-the-week run....
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^^^^^ i dont see that coming from outa nowhere. its a topic thats been discussed over almost 2 months and several thousands posts.lol. i am glad to see that, and i hope the reason for MrG including that in his PR is due to the fact the he reads the boards and listens to his voicemail and understands our concern about an RS, therefor he released a PR that gives us confidence about there not going to be a PR. at leasts thats what i think.
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quote:Originally posted by Danny K: ^^^^^ i dont see that coming from outa nowhere. its a topic thats been discussed over almost 2 months and several thousands posts.lol. i am glad to see that, and i hope the reason for MrG including that in his PR is due to the fact the he reads the boards and listens to his voicemail and understands our concern about an RS, therefor he released a PR that gives us confidence about there not going to be a PR. at leasts thats what i think.
What he said Let Guthrie do what he has to do instead of field nasty grams all day. He is listening and knows that we do not want a R/S. If you are going to pester him, then try to convince him to retire shares as that would really make this stock fly!
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quote:Originally posted by Lucas Brachish: 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? 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?
Yeah I agree and I'm out with a small lose, good luck all...
-------------------- If only I knew then what I know now
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There is no reason for this to go up today!!!! the pr said nothing about the profit or the value of the stock! STOCKS ONLY MOVE ON VALUE OR PROFIT! johnny and all others, only invest what you can afford to lose. That is the first rule of pennys.We waited on qbid for 1.5 years then hey, we were RICH if you feel this company has no value why are you even here!!You need to do your own dd and make a logical business decision that will only benifit YOU!!! If you guys and gals run without making a profit then you made a poor decision! Well I said my piece and i will be here before the contracts and after because it is a logical investment in my eyes! thanks and have a good evening!
-------------------- Trading is a blast!!
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What will it take for this stock to reach .01? Is it an issue of supply and demand? Will it be actual signed contracts for this baby to really pop? Will it be a positive profitable 4th quarter? PR is there..... Someone please help me.....Im losing it man :-{
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(BSNS WIRE) Commonwealth American Financial Group Announces No Reverse Split; $10 Million New Bidding on Contracts Commonwealth American Financial Group Announces No Reverse Split; $10 Million Ne Bidding on Contracts
Business Editors / Building/Construction Writers
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Let Guthrie do what he has to do instead of field nasty grams all day. He is listening and knows that we do not want a R/S. If you are going to pester him, then try to convince him to retire shares as that would really make this stock fly!
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