quote:Originally posted by moomula: New to the cwfg game. Have I made a good or bad decision? I have only 3 million shares at .0001. Are there any sells going through at .0002?
You found a great time to buy at $0.0001. February should be the month CWFG takes off. I have 20 million CWFG shares and just waiting. You can't beat the current price to buy. It's almost no risk depending on your financial status. Good luck!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Made a huge mistake today. Wanted to sell some of my CWFG and haven't been able to sell on AMTD with a limit order so I decided to sell with a market order instead. Sell price was 0.00001, one tenth of the value! My first thought was WTF. Immediately called AMTD and after a lot of time "speaking" with a rep and finally a manager who contacted the MM, the MM reversed the order. Was tolded that since there was no bid or ask for CWFG, any market order to sell could be filled at whatever the MM chose to pay. Asked the manager who the MM was, and guess who she said it was...NITE. Learned several valuable lessons mainly that these MMs are a bunch of crooks. To buy at 1/10 the value and then resell them at full price. And it has to be shady if the MM is willing to reverse the trade. My blood pressure is still 20 points high after tis ordeal.
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quote:Originally posted by Team Sleep: Why February? A few weeks ago everyone on here was saying January is the month it'll fly. Are there rumors of a good PR in Feb.?
Here's a link to the CWFG PR that came out yesterday.....
posted
What ever happened to all of the talk about govn. contracts for hurricane cleanup projects in LA. Now all we have going for us is some land deal,and the money's not in re-selling the property, it's in developing it and selling the homes. Don't see how this real estate deal is going to push the pps higher considering the huge number of OS. We need major contracts and some influx of cash. Let's go already. Can't blame people for selling at these bottom prices. It beats losing it all if this company goes under.
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quote:Originally posted by Otttoman: What ever happened to all of the talk about govn. contracts for hurricane cleanup projects in LA. Now all we have going for us is some land deal,and the money's not in re-selling the property, it's in developing it and selling the homes. Don't see how this real estate deal is going to push the pps higher considering the huge number of OS. We need major contracts and some influx of cash. Let's go already. Can't blame people for selling at these bottom prices. It beats losing it all if this company goes under.
All that you mentioned above was former CEO Damien Guthrie's plan. Now he's been booted out of the company and since his departure from the company Ms. Kristin Ryals is the new CEO and these are her plans.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by Team Sleep: That PR's about as exciting as a Pop Warner football game. I see no indication of good news or a good run in February.
These things take time. It's totally up to you if you want to wait it out. I've been trading for over 15 years now, mostly in big cap stocks but ever since I converted into microcaps, being patient is another thing I had to learn all over again. Waiting is the hard part but to me, it's worth every penny I put into these microcap stocks.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
This is a lotto stock to me. All or nothing. I either score big, or lose the money. It doesn't have to move much to score big, and I didn't put in more than I could lose. Seems like a good bet to me.
-------------------- I just want to make enough money to be eccentric.
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posted
I am going to try and sell a couple of million shares at .0002. If I can do this I will free up $400 to invest in something else. It will leave me with a million shares. From everything I have read and all the dd, I think I made a gig mistake. Yes I said "GIG" mistake. I feel like I have been gigged!!! aaarrrgghhhhh!!!!!
posted
I got 20 million worthless shares right now and these are my lotto shares as well. Just waiting for the right numbers to pop up and then sell sell sell!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by moomula: I am going to try and sell a couple of million shares at .0002. If I can do this I will free up $400 to invest in something else. It will leave me with a million shares. From everything I have read and all the dd, I think I made a gig mistake. Yes I said "GIG" mistake. I feel like I have been gigged!!! aaarrrgghhhhh!!!!!
Naw..... You shouldn't think like that. I don't believe this company is like PCCN. Now PCCN back then "PCCR" was a "GIG" mistake!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
I'm holding onto this one. I've vowed never to get emotionally involved with a stock. I'm just curious when folks start saying a stock is gonna go up in a week or a month or whatever, what they are basing this assumption on.
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1
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quote:Originally posted by Otttoman: Made a huge mistake today. Wanted to sell some of my CWFG and haven't been able to sell on AMTD with a limit order so I decided to sell with a market order instead. Sell price was 0.00001, one tenth of the value! My first thought was WTF. Immediately called AMTD and after a lot of time "speaking" with a rep and finally a manager who contacted the MM, the MM reversed the order. Was tolded that since there was no bid or ask for CWFG, any market order to sell could be filled at whatever the MM chose to pay. Asked the manager who the MM was, and guess who she said it was...NITE. Learned several valuable lessons mainly that these MMs are a bunch of crooks. To buy at 1/10 the value and then resell them at full price. And it has to be shady if the MM is willing to reverse the trade. My blood pressure is still 20 points high after tis ordeal.
Note to self... Market orders... BAAAAAAD. (underline, underline, underline)
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
I usually base it on the press releases because research for these microcap companies is hard to find since they're not talked about much by the analysts. Press releases are pretty much the main source of information from these microcap stocks. They are "assumptions" so you need to do what you feel is right. Don't listen to me or anyone else for that matter.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Otttoman..... Don't sweat it man! Gave up on big cap stocks after 15 years. I'm still learning about microcaps everyday. This is a whole different ball game. (For me it is). I'd say I would be at a below intermediate level as of now. Still got a long ways of learning but I'm getting there. This is all I do for a living so I need to educate myself more with these penny stocks. To me, self education is the best education.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
I realize PR's are the only thing we really have to go on. I write PR's for the organization I work for. Today's PR from CWFG was not newsworthy, but it could have been written in a more exciting and "forward-looking" style.
To me, today's PR positioned CWFG in a risk situation because they purchased land "speculating" they can use the land to turn a profit. In the PR, however, they didn't clearly communicate or define a solid plan to use the land purchase to increase profits.
If the land was purchased for CWFG to build office buildings, high-rise residential apartments, etc. you could have more confidence their investment would pay off.
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1
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posted
Well, in this case with CWFG, having them give us a PR is better than no PR at all. It's been about a month already since their last PR so today, we heard a little bit of input from the company.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
"The 56 acre parcel of land will be developed and sub divided into equal sized lots and will be sold to prospective purchasers or builders."
So basically they are going to buy the land, sub divided into lots and do what? Turn into a neighbor hood? Industrail complex? or just whoever wants to buy it for whatever reason?
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posted
I came to the same conclusion as moomula. I'll try to get out at .0002 with half of my shares, and hold the rest as a long-shot chance for the future.
The massive number of outstanding shares (14 Billion) for this company is starting to creep me out; I think it's time to hedge my bet.
posted
oh..and is this 56 acre parcel of land the only thing on the burner? What else is Mrs. Ryals doing? MRS.RYALS ----WE NEED SOME ANSWERS!!!
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posted
I read above something that indicated that the central florida development project wasn't that big a deal.
I beg to differ.
56 acres. Let's see, if everyone got an acre of land, that would be 56 homes. But depending on where this land is, that won't necessarily happen.
But let's take several scenarios.
Scenario 1: 1 house per acre. Depending on where this land is, this can really, really fluctuate in price. Where I live, a nice house, comparable to the others in the area, on an acre of land will cost anywhere from 800k to well over several million. But for the simplicity of this argument, let's say each house turns a moderately conservative 200k profit after building and other expenses. 200k * 56 = $11,200,000. Not too shabby. And realistically (I'm not a builder, but just based on the type of money my builder friend makes), the number is actually probably much, much more than that.
Scenario 2: 2 houses per acre. Same numbers. That's $22,400,000.
Scenario 3: 3 houses per acre. This is the size of my lot. (Just so you know, I believe that my house has gone up $200k since I moved in just over a year ago. I'm not sure though... I actually think (and hope) that it's more than that.) Same numbers... $33,600,000.
Scenario 4: 4 house per acre. Still ALOT of land for this area. $44,800,000.
As the houses get smaller, the profit for the house goes down, of course. But you get more houses per acre.
Let's skip down to scenario 56...
Scenario 56: Condos. Let's say 10 per acre (these are big condos). Condos down the street START at 400k. So let's stick with our 200k per condo profit. That's $112,000,000!
So, don't underestimate CWFG. Mind you, my numbers may be WAYYYYY off. I just pulled them out of my head. But my point is, this can be very, VERY big. Depends on where the land in CFL is.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
From what I can make of the PR, they are buying the land to re-sell it to anybody who can use the land to build, which is the MOST profitible use of land. If CWFG is a developer, the logical move would be to take the land they own and build themselves...
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1
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quote:Originally posted by Team Sleep: I realize PR's are the only thing we really have to go on. I write PR's for the organization I work for. Today's PR from CWFG was not newsworthy, but it could have been written in a more exciting and "forward-looking" style.
To me, today's PR positioned CWFG in a risk situation because they purchased land "speculating" they can use the land to turn a profit. In the PR, however, they didn't clearly communicate or define a solid plan to use the land purchase to increase profits.
If the land was purchased for CWFG to build office buildings, high-rise residential apartments, etc. you could have more confidence their investment would pay off.
This is a vague memory but I believe they stated in some past PR's what was going to be developed there, and then this PR was just updating us with the closing date. I don't remember the specifics anymore though.
-------------------- I just want to make enough money to be eccentric.
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quote:Originally posted by Team Sleep: Maybe when the deal goes to settlement, maybe we'll get a new PR with CWFG explaining how they plan on using the land.
posted
Well, hopefully the homes won't be like that home on Poltergeist where all those homes were built on top of cemetary plots and the coffins were still underground.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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