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http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/threadview?m=tm&bn=73576&tid=222&mid=222&tof=1&frt=2
research coverage begins
LONDON, Jul 25, 2008 (MARKET WIRE via COMTEX) -- Benchmark Journal brings
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comprehend the dynamics of our featured companies.
Today we began tracking Micro Imaging Technology Inc. (OTCBB: MMTC), Myriad
Entertainment & Resorts Inc. (OTCBB: MYRA), MicroChannel Technologies
Corporation (OTCBB: MCTC) and uKarma Corporation (OTCBB: UKMA).
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probably, but that will take 4 years
$3 will probably come this year, or tomorrow...
don't tick it too much, remember, it's going to $3 in a jiffy
that report was May 22, 2008
and if you look at their latest graphic which is on the website and not the downloadable report, you'll see that the latest sentiment is long-term excellent
"is" is not correct. that's an old report. please check dates and current news before you post stuff. thanks
it is good
it shows the competition in Tunica is worthy
now, if you did some research, you'd find that this OMF group has to do a wetland survey and get gaming approval, etc, etc. and it's only a 500 room casino. the idea doesn't even offer anything different; and it could perhaps be only a boat on the river. please don't say "this is not good" and carelss things like without thinking it through and having all the info
i don't think OMF is a threat at all and will probably not even happen. the move here is that a relative of the Perry family want's to sell his land too, he has always been envious that the 500 acres has been up for sale, etc.
as far as the new article in the appeal - still in play - that's an understatment, but accurate when Jeff Wallace says it's only a matter of time.
take a gander
is that right?
well good luck there sport, bein' busy.
what an ingrate.
in first hour
+0.02 Open:
0.16 High:
0.16 Low:
0.16 Volume:
40,227
What did she offer?
A conversation?
ask her if Beth and Meeske had to surrender their shares that they got for joining the company.
thanks
MM ID Bid Size Time
SBSH 0.1600 50 09:31:29
UBSS 0.1600 50 09:31:29
PR
she must have said something, not much, but something. what was it?
what had you asked her?
SBSH
it was Citi on the bid, again. why?
there are many ways to get cheap stock, one is during a lapse of any news, interpreted as bad news by those easily shaken out.
we might get bad news, I hope not; but I still believe someone who knows is buying
what IR lady?
who is that exactly Creede? what did she say?
CHA-CHING: Tunica casinos such as the Gold Strike are rolling out a bevy of new deals and packages, even as the economic downturn doesn't appear to have put a major dent in attendance and revenue. -- Photo Courtesy Of The Tunica Convention And Visitors Bureau
- - when things really come back, it'll be even better. maybe this is the time to build after all.
Normally, I would expect to see visitation to the casinos decrease during hard economic times," Wallace said. "But this may be one of those things where, at least for the Tunica folks, they may benefit during the downturn in the sense that it's not one of those destinations you're going to drive two days to get to.
Nevertheless, the guests - and the incentives to lure them - keep coming to Tunica. The Gold Strike has a special $49 room offer good through May 29. One of the current promotions happening at The Fitz is guests who cash their paychecks at the casino will be entered into a "Paycheck for Life" drawing.
- -while mentioning Myriad, he hasn't said anything we don't already know, while the above is positive
- -and again, I can't help thinking that Andy Meek, who has written the article in Creed's post, has a bias for some reason, he just seems to enjoy blasting the situation, and he really hasn't done his work, as illustrated in another article: http://mediaverse-memphis.blogspot.com/2008/04/on-gamble-in-tunica.html
read the responses and his response, where he admits to not getting the story right
Despite Decline, 100 Percent Financing Can Be Found
- -this ain't hurtin' us
Despite Decline, 100 Percent Financing Can Be Found
ERIC SMITH | The Daily News
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While most banks and mortgage companies have pretty much eliminated 100 percent financing for home loans, the product still exists. It just doesn't flourish like it once did.
Long gone are the days of no-documentation, no-money-down, stated-income loans that ultimately sent the housing industry reeling in 2007. In response to the subsequent subprime fallout and skyrocketing foreclosure rate, companies tightened their guidelines and removed many of the loan products that created those problems in the first place.
So, how much 100 percent financing remains? And will the mortgage industry ever bring it back to the same degree?
Chris Bowers, mortgage loan officer at Bank of America and president of the Memphis Mortgage Bankers Association, said that's a hot topic in the financial services industry right now as lenders struggle with the types of products they offer borrowers.
But what's not up for debate is how 100 percent financing has dropped off dramatically.
"It is not available the way it was a year ago, without question," Bowers said. "Almost daily, it seems, 100 percent products that were available are going away. They're just disappearing at a very rapid rate."
Rural possibilities
The problem lies primarily with the industries that have been severely burned: the private mortgage insurance (PMI) companies now refusing to insure 100 percent financed home loans, and investors in the secondary markets now shying away from those programs.
Reducing exposure to risk has become the mantra for those two industries, and the chain reaction resulted in the widespread dissolution of 100 percent financing by most major banks and mortgage companies.
But there is at least one viable alternative with the U.S. Department of Agriculture rural development loan program. Though it's generally geared toward homebuyers who live in rural areas, plenty of Mid-South communities are eligible, including all of Fayette and Tipton counties and parts of Shelby and DeSoto counties, said West Beibers, president of Cordova-based Delta Trust Mortgage Corp.
"For people who are looking in one of the suburban areas, 100 percent financing is available," Beibers said. "That's the big news. What we're finding is many people don't know the product is out there."
Although anyone looking to live in the city limits of places such as Memphis, Germantown, Collierville and Southaven isn't eligible, population trends show the outlying counties are experiencing steady growth, and perhaps the USDA option could help during the housing downturn.
"It's not for everybody, but it's an option that's out there and we're trying to get people to realize that financing is still going on, contrary to what you see on CNN," Beibers said.
Looking elsewhere
As for options that don't include moving to a rural area, they are fairly limited. Bowers said Bank of America, for example, once had "lots and lots of 100 percent programs with various options," including the now-defunct 80/20 product.
Just last week, Bank of America discontinued yet another 100 percent program that was available to "neighborhood champions," such as medical personnel, firefighters, police officers and teachers. Now the bank has only one 100 percent program remaining, and that's limited to physicians.
Greg Ellenburg, district manager at First Tennessee Home Loans and secretary-treasurer for the MMBA, said his company took a proactive approach and pulled back on subprime and 100 percent financing loans last year before the market "really went south," he said.
"We did that with the products which really created this debacle that we're in on the mortgage side," Ellenburg added. "They're unnecessary and they're really bad products for the consumer. We just backed off them."
The lack of full financing has changed the entire industry, forcing some to advise their borrowers to consider down-payment assistance programs to go along with a 97 percent Federal Housing Administration loan or a 97 percent conventional loan that allows such help - and not all do.
Could it return?
For Beibers, the pendulum might have swung too far the other way in response to last year's housing crisis, resulting in overly tightened mortgage guidelines. Since most lenders now require at least 3 percent down, homebuyers who once could have gotten a home with no down payment are in jeopardy of not qualifying today.
"We're going through a fit right now in the industry where we're saying, 'No, we want cash,'" Beibers said. "The problem with that is I'd rather have somebody with perfect credit and give them a 100 percent loan, than somebody with marginal credit and 10 percent down. That viewpoint may not be shared by other people, but if you've got great credit and you've shown an ability and willingness to handle your affairs, that's a basic core characteristic of an individual."
Whether or not the industry returns to that ideal remains to be seen. Certainly, borrowers with good credit scores are looked upon more favorably than credit risks, so while the rampant subprime practice likely won't return, some form of 100 percent financing just might.
"There will be a comeback, in time," Bowers said. "There's not going to be a quick comeback because you have got to allow these mortgage insurers and these investors the time to figure out what their risk is and price their risk appropriately. Right now, they're reeling from losses and everything else, so they said we'll just completely turn off the faucets."
Ellenburg agreed that the pendulum eventually could swing back, but it probably won't happen for at least two years.
"Clearly there's a need for that and there's a certain segment of the population that can handle that product," Ellenburg said, "but I don't think it will be anything to the level that it was before."
Re: Myra people in town today 28-Apr-08 06:36 pm
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/messagesview?bn=73576
and more proof you are lying or have been misled
the man's name is spelled Veryl, and his last name is not Taggart, it's Norquay
here's the site: http://taggartftc.com/taggart_1.htm
so, will you please cease, unless you have something valueable and truthful to offer
btw: you sound a little unnerved
you're kidding right? aditude sp.
i doubt you have even 8 shares
wrong again. i feel great, as I usually do
you just don't add anything, in fact, you think Taggart is one person, so I doubt you've had dealings with "him"
so, my point is, I wish you'd stop posting unless you find something real
i guess
sorry, but looky here, scroll down
posts have nothing except rah rah 50 a day
http://investorshub.advfn.com/boards/profile.asp?user=47816
that you like
what is it that you like, exactly?
are you a cheerleader
or are you, and Campion, gonna contribute anything?
December 15, 2007 Taggart, Financial Trading Corp
Other Planned Sale -- $120.3K 1,337,030.00
August 23, 2007 Taggart, Financial Trading Corp
Other Planned Sale -- $194.1K 442,975.00
they're out
add up the vol from .50 to .08, those 4 months
I feel as if they were forced to sell
and that's good
they could do the golf course in front of Fitz, down the road with a tram, or across the levee perhaps
i don't think the golf course could wrap the casino site at Tresaure Bay
to your other question: I keep track of EVERYTHING
and if you're wondering who sold us down to current levels, look up the self-acting pumpers Taggart
I suspect they had to sell their 3-4 million shares because they loaded up too much and weren't a viable entiry anyway
after all, the stock price wasn't even negativlely affected when the CEO was fired
- new board coming
- new site
- financing
a peek under the price reveals:
activity
03/30/08 25628
today 29117
appx. 4000 hits on myra's website this month
http://www.myriadentertainmentandresorts.com/
new site coming, anyone ever notice this?
new website: http://www.myriadworldresorts.com
pps proection baseline
300M year rev * 4 years / OS shares 57M = $21share
now, that's mkt cap of 1.2B which equals financing
take 80% mark off for risk = min share price of $4.2 share
anywhere from $4.2 to $21 share in four years if built
pretty broad, but it's a start with limited information
** anticipate another 12M shares at least for directors 45+12
I just returned from the old Treasure Bay site
The land is big enough, bigger than I thought it would be. You could hit the center of it with a rock from the top of the Goldstrike Hotel, which is good if you believe that if Myriad builds there, there is already a casino popluation that might say, "Hey, let's go check that out," instead of the farther site on Perry Road.
Jack Binion used to own all of that land under the Sheraton, Horseshoe and Goldstrike. I don't know if he still owns the land where Treasure Bay used to be, but I'll find out.
The site can hold enough barges for a huge casino, and the land around it for hotels, etc. Easy. Roads are already built.
Wouldn't it be great if Myriad built there with Jack's help? What we need is a hotel that dwarfs the Goldstrike.
money flow positive
I tell you truly (used as an expression and not as a qualification that otherwise would be untrue) that money flow is picking up;
the price being sideways and $ increasing = accumulation
agree
Lopardo wants to install a whole new board; respective to who he wants, he has to ask others to leave
it's just making more sense that way every day
43328 shares bought. 29743 sold 1.45 ratio up
3:45:56 PM Trade 0.177 21450
3:46:12 PM Trade 0.14 10000
the biggest print of the day, about 2/3rds of the daily vol, was a buy on the close at the high; and by the odd lot size, you can see it was a cleanup order.
looks like they are trying to keep the price down with these other trades though.
well, I can only speculate
and here is the speculation.
1. it's not some piker taking the shares. that's positive. of course if they are covering a short, it means only that. but what if not? what could it mean? for sure, Citi is in the know if anyone is.
2. if not covering a short, and I believe they are not short, they are accumulating it for a reason. here are possible reasons.
a. they want it, or they have a client who want's it. why?
aa. the obvious reasons of build out
bb. the not so obvious reasons of a bank accumulating shares for make capital infusion later ie: deal making
cc. trading for their own account, on info that would lead them to buy
dd. isn't Prince Alaweed Citi's biggest shareholder and a private client? this is farfetched and you know what I am going to say, so let's leave it there
anyway, Citi is taking the stock. why would a big bank like Citi who has had relations with State Street (Lopardo) and every fund that is out there buy the stock?
i didn't like that little tape paint of 700 shares at the end today, but some of those sells are actually buys. the .15 is offered and it gets taken. why? 5000 went of at .178 too on a big sell day on 15s, no tape painting.
so, why is Citi buying Myriad stock?