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Whoever bought those 6.5mil shares around closing time probably knew that the PR was about to be released. Who puts $65,000 on a penny stock unless they know something good is about to happen. That's the new form of gapper I'm talking about. This is a good stock nevertheless. One can never go wrong with a stock that has revenues. But patience must be exercised. A lot of investors want to make a quick buck and that's how they end up losing money by selling so as to chase a hyped stock. Better hold this one until the A/F is out IMO. Since the Fiscal year ends in Dec. The Annual financials could be out in January 15 - 21. Since we held PAVC as a 10bagger for 2 months, then we can hold this IBCX 10bagger for 2 months IMO.
Do you have the contacts to PCLO?
I know why this stock PCLO had no action when they issued a PR on revenues. They should have used the media that reports through all forums, eg, ihub. This PR we are seeing in yahoo fincance on revenues is not showing on ihub. The same thing happened to SFNN, but when they resubmitted the PR through the proper channels, the PPS went up 162% in one day. All that PCLO needs to do is transmit the same PR using the channel that comes through ihub and the volume will pick up. Does anyone know how to contact them.
Did you notice that the Fed held interest rates constant in the last two meetings? I would not be surprised if they lowered the rates by 1/4 of a basis point in order to hold the housing industry in check. The overal economy and inflation is under control already from the few rate hikes we had. The next step was to keep these rates unchanged so as to observe the effect on the housing sector, which they did. Now that the Fed has noticed that the slow-down continues in the housing sector, they might lower the rates by 1/4 points and everything will be in balance.
OT:Good to hear you went to OSU. How Texas? I live in Oklahoma city Area. We have a big bedlam football game today against OU. if we win, we get to go to a bowl game and texas longhorns will be the big 12 champs. If we lose, OU will bethe big 12 champs. The game is on ABC at 1:30 lol.
Good to hear you went to OSU. How Texas? I live in Oklahoma city Area. We have a big bedlam football game today against OU. if we win, we get to go to a bowl game and texas longhorns will not be the big 12 champs. If we lose, OU will bethe big 12 champs. The game is on ABC at 1:30 lol.
Yap. And those restricted shares were purshased above where we are at now. Some at 0.05.
Does anyone know whether the company operates on calender-year? ie. Jan-Dec.
Yea. I was going monthly. Remember winter/holidays are the best months for restaurants.
You have a point. Besides, there was a gapper today before the PR. Meaning that someone had insider info and bought before the news. Check out the 6.5mil shares before close today. This might retreat some after the day-traders have sold off on Monday IMO. However, I like the revenue potential and expected income this coming Q. I know this one is undervalued too, just like SFNN. This stock should be trading at 0.039 by now (900,000/350,000,000 = 0.0025 x 15). Hope I can get it at .01 next week because gappers must come down to fill the gap. Also, the valuation should be done using 500mil shares because the dividends will be part of the O/S after the divy.
Feel free to paste some of it at yahoo boards to spread the word.
If you ever wanted a start-up with $47millions in net assets but worth pennies, this is it. Watch-out for more acquisitions coming soon. The CEO’s profile speaks for itself. The SFNN has bought companies worth several hundreds of millions (1).Consumer Direct of Colorado $100 million, (2) Las Vegas Mortgage $246 million, (3) Neighborhood Acceptance $50 million, (4) eHomeCredit $500 million, (5) Allstate Funding $440 million). Total $1,336,000,000. (SFNN portfolio of companies is worth 1.3 billion)The return of capital is already visible. Just from the net assets, SFNN is undervalued. From Net Earnings, SFNN should be trading at o.50 IMO. The CEO is not the hype sort that spends time convincing investors to but SFNN stock. Rather, he is a serious business manager who cares more about the operations of the company and letting the numbers speak for themselves. I like that in a CEO. Looking at all the previous threads, everyone seems to agree that the company is undervalued big time, and because it is a reporting company, there is more accountability and transparency. The earnings that were reported were for the Q ending Sept 30 and did not include income from one of the units. This coming Q ending December 31 should look better because the expenses from acquisition that were in previous Q will not be included this coming Q. Also, This coming Q will be the Annual Financials, meaning that we could easily see the EPS at .06 making this stock worth about .85 by end of year as soon as the market corrects this undervaluation we have. The good thing with SFNN is that it is within that U.S. and can easily be verified and the market activities pertaining to SFNN operations can be easily assessed because it revolves around fed interest rates. If you need verification of the share structure, you can call the CEO or email him. I know companies without Revenues and without net income trading above SFNN which has it all. We will get to .50 by end year and .85 when the next Q is filed IMO. If you are tired of losing money in pinkie-land, then stick around at SFNN because the numbers speak for themselves. SFNN is looking forward to (1) AMEX/NASDAQ qualified, (2) to Become dominate industry leader, (3) to become Largest “Retail” Broker/Banker in US. SFNN is targeting to buy companies with the following features: (1) Must be Independent Mortgage Broker, (2) $100 - $300 million loan volume(3), $2 - $10 million revenue, (4) Profitable. For every $100 million of acquired loan volume, Shearson receives $100,000 per month in incremental revenue = $1.2 million per year, 50% falls to bottom line. SFNN’s mission is Our Mission to Consolidate the Fragmented Mortgage Brokerage Market via Acquisitions of Regional Brokers. SFNN has Strong Management Team with Successful history of acquisitions and integration, and History of turning acquisitions into profits. Management has closed over 50 transactions during last 20 years and has Strong technical, legal & financial background. What else can you ask for in a company?
CONTACT INFORMATION
Michael Barron
Chief Executive Officer
Shearson Financial Network
6330 South Sandhill Road
Las Vegas, Nevada
702-868-7922
mbarron@shearsonhomeloans.com
Michael A. Barron - Chairman & CEO
From March 1995-1998, Mr. Barron pioneered the first nationwide commercially deployed video conference mortgage financing platform for Intel Corporation which as a licensed mortgage banker and broker in 20 states funded over $1 billion in closed loans. In November 1988, he founded and served as President, until 1992, of Finet Holdings Corporation (NASDAQ:FNCM), a publicly traded mortgage broker and banking business specializing in e-mortgage financing on site in real estate offices and remote loan origination via the Internet (www.finet.com). In June 1979, TRW hired Mr. Barron to develop its real estate information services division (TRW/REIS) that acquired 11 companies in the field and eventually became the world’s largest repository of real estate property information - Experian. Mr. Barron was a founder of Citidata, the first electronic provider of computerized real estate multiple listing services (MLS) in the nation from 1975 to 1979. Mr. Barron was the Senior Planner for the City of Monterey where he was the HUD liaison for the City’s downtown redevelopment project. He master planned the city’s redevelopment of famous Cannery Row, Fisherman’s Wharf, and was Secretary of the Architectural Review Committee. Mr. Barron holds a B.S. degree from California Polytechnic University and has completed courses in the MBA program at UCLA.
InfinitiStocks issues a General Alert and a potential Short Cover Alert for JDS Uniphase Corp (Nasdaq: JDSU; TSX: JDU), a leading provider of communications test and measurement solutions and optical products for telecommunications services and network equipment manufacturers. On November 2, markedly improved Q1 results saw net revenue reach $318.1 million, with a sharply narrower GAAP loss of $17 million, or $(0.08) per share, versus a loss of $67 million $(0.34) a year ago. Non-GAAP EPS of $0.03 beat analyst estimates by $0.02. For the second quarter of 2007 (ending December 31), JDS expects higher net revenue of $332 - $352 million as internet and cable providers seek to increase optical fiber density and bandwidth. JDS financial results were impressive enough to cause Deutsche Securities to upgrade JDS from hold to buy on November 3, while Needham & Co raised its own rating from buy to strong buy. Analyst John Harmon increased his FY 2007 EPS estimate by a penny to $0.30, and his FY 2008 estimate by $0.05 to $0.85. With favorable recent views from analysts, InfinitiStocks believes JDS share prices may further benefit from a rapid bout of short covering. As of last month, a whopping 36.10% of the JDS float was reported sold short. The situation appears eerily similar to a call we made August 8 for CWTR, which saw its shares increase over 60% in just under two months. Like JDS, CWTR posted improved quarterly financial results and received two analyst upgrades at a time when the short position was in excess of 20%. InfinitiStocks further notes that JDSUD shares recently underwent a 1:8 reverse split October 16 - a substantial decrease in liquidity - that could make covering the large number of shares all the more difficult.
Sources: Company, Business Week, AP, StarMine
Time for Short Squeeze to kick in.
InfinitiStocks issues a General Alert and a potential Short Cover Alert for JDS Uniphase Corp (Nasdaq: JDSU; TSX: JDU), a leading provider of communications test and measurement solutions and optical products for telecommunications services and network equipment manufacturers. On November 2, markedly improved Q1 results saw net revenue reach $318.1 million, with a sharply narrower GAAP loss of $17 million, or $(0.08) per share, versus a loss of $67 million $(0.34) a year ago. Non-GAAP EPS of $0.03 beat analyst estimates by $0.02. For the second quarter of 2007 (ending December 31), JDS expects higher net revenue of $332 - $352 million as internet and cable providers seek to increase optical fiber density and bandwidth. JDS financial results were impressive enough to cause Deutsche Securities to upgrade JDS from hold to buy on November 3, while Needham & Co raised its own rating from buy to strong buy. Analyst John Harmon increased his FY 2007 EPS estimate by a penny to $0.30, and his FY 2008 estimate by $0.05 to $0.85. With favorable recent views from analysts, InfinitiStocks believes JDS share prices may further benefit from a rapid bout of short covering. As of last month, a whopping 36.10% of the JDS float was reported sold short. The situation appears eerily similar to a call we made August 8 for CWTR, which saw its shares increase over 60% in just under two months. Like JDS, CWTR posted improved quarterly financial results and received two analyst upgrades at a time when the short position was in excess of 20%. InfinitiStocks further notes that JDSUD shares recently underwent a 1:8 reverse split October 16 - a substantial decrease in liquidity - that could make covering the large number of shares all the more difficult.
Sources: Company, Business Week, AP, StarMine
Not yet. I saw several of them on the website though, and might read them this week-end.
Interesting. Do we have another GE start-up company or what? If they trade in the NASDAQ with this kind of product, even congress might recommend all the federal buildings to start installing it so to save taxpayers taxpayers money.
That's the PPS we've all been computing here since a while now. Between 0.40 - 0.60. And If they buy a couple more companys before the next Q ending December 31, then we will be heading to NASDAQ IMO. Check out the CEO's profile on ibox. Pretty impressive eehh.
The poduct is a No-Brainer. I think that companies and intitutions will start getting tax credits for installing it. The energy savings tax credit will make this product move.
They have to trade above $1 for 3 consecutive months and issue Audited financial in order to be admitted in NASDAQ
Someone called the CEO yesterday and was told that the Auditors were involved in the Financials. Or they helped out in its preparation.
scottrade is allowing trades now. They have realized SFNN is trading on fundamentals and it is not the regular hypes in pinkiland.
Looking Forward
AMEX/NASDAQ qualified
Becomes dominate industry leader
Largest “Retail” Broker/Banker in US
We Have Been Successful Already
Consumer Direct of Colorado $100 million
Las Vegas Mortgage $246 million
Neighborhood Acceptance $50 million
eHomeCredit $500 million
Allstate Funding $440 million
We Have Been Successful Already
Consumer Direct of Colorado $100 million
Las Vegas Mortgage $246 million
Neighborhood Acceptance $50 million
eHomeCredit $500 million
Allstate Funding $440 million
Summary
We are at growth “inflection point”
Fully Operational
Profitable
Acquisition Strategy is Working
Excellent Market Timing
Our Mission
To Consolidate the Fragmented Mortgage Brokerage Market via Acquisitions of Regional Brokers
Our Target Companies
Independent Mortgage Broker
$100 - $300 million loan volume
$2 - $10 million revenue
Profitable
Looking Forward
AMEX/NASDAQ qualified
Becomes dominate industry leader
Largest “Retail” Broker/Banker in US
What it Means to the Bottom Line
For every $100 million of acquired loan volume, Shearson receives $100,000 per month in incremental revenue = $1.2 million per year
50% falls to bottom line
Strong Management Team
Successful history of acquisitions and integration
History of turning acquisitions into profits
Closed over 50 transactions during last 20 years
Strong technical, legal & financial background
CONTACT INFORMATION
Michael Barron
Chief Executive Officer
Shearson Financial Network
6330 South Sandhill Road
Las Vegas, Nevada
702-868-7922
mbarron@shearsonhomeloans.com
Yes. These are Audited Financials
Sweet. Have been patient with SFNN just like I have been waiting for the Bedlam game this weekend. LOL
industry PE is 14
Authorized Shares: 500,000,000 as of 2006-11-08
The A/S bothers me.
AXTG is what I'm talking about. Post 494 was meant for AXTG. Our BZTG is strong and I'm long here.
I like this part best...the word NASDAQ always give me a tickle...within a short time, we should be saying bye bye to OTCBB..
Looking Forward
AMEX/NASDAQ qualified
Becomes dominate industry leader
Largest “Retail” Broker/Banker in US
Caution!!! If it is a pinkie, if it has no website, if the O/S info is not available, if it issues 3 PRs in a day, it could easily be a scam. No one at ihub knowa anything about this company. Trade with caution.
I pasted the content of the slide on post 567. Just bits and pieces. When the Q ending December 31 is out, I believe we will see even greater numbers. Watch-out for more acquisitions. Just the news to acquisitions should bring us to the levels that we are supposed to be at IMO.
Links to the website http://www.shearsonfinancialnetwork.com/home.html
Click in the PPT icon or the shearson strategy.
Sweet. All the answers are on the powerpoint slide. I will paste bits and pieces. The most impressive thing of all is that SFNN is utilizing Wells fargo's market strategy. To everyone at ihub, show me any other company in the stock market that is an undervalued company like SFNN.
We Have Been Successful Already
Consumer Direct of Colorado $100 million
Las Vegas Mortgage $246 million
Neighborhood Acceptance $50 million
eHomeCredit $500 million
Allstate Funding $440 million
Summary
We are at growth “inflection point”
Fully Operational
Profitable
Acquisition Strategy is Working
Excellent Market Timing
Our Mission
To Consolidate the Fragmented Mortgage Brokerage Market via Acquisitions of Regional Brokers
Our Target Companies
Independent Mortgage Broker
$100 - $300 million loan volume
$2 - $10 million revenue
Profitable
Looking Forward
AMEX/NASDAQ qualified
Becomes dominate industry leader
Largest “Retail” Broker/Banker in US
What it Means to the Bottom Line
For every $100 million of acquired loan volume, Shearson receives $100,000 per month in incremental revenue = $1.2 million per year
50% falls to bottom line
Strong Management Team
Successful history of acquisitions and integration
History of turning acquisitions into profits
Closed over 50 transactions during last 20 years
Strong technical, legal & financial background
CONTACT INFORMATION
Michael Barron
Chief Executive Officer
Shearson Financial Network
6330 South Sandhill Road
Las Vegas, Nevada
702-868-7922
mbarron@shearsonhomeloans.com
Anyone know the O/S? Just being cautious of dillution. 5 days in consecutive gains on a quiet one like this means there is some institutions buying into it IMO.
And IICP was being pumped by shakeerez before the PR came out. Seems like he got free shares to pump it. From your analysis, I think you have a strong case.
Nomatter how we break down the financials, SFNN should be trading above $0.06. That's the minimum PPS after assuming all pros and cons. I believe the company is about to buy more companys, and the O/S will go higher IMO. But the cost-benefit analysis clearly favors the PPS after all well said and done. If you are longterm, then all will be well. If shortterm, then hope for PRs about new acquisitions and trade on these news. Even O/S of 300mil still gives me a higher PPS than at these level. All the company needs to do is issue relevant of PRs relating to operations. eg, We closed....loans in the month of... I'm sure a couple of PRs in a week will give SFNN recognition. I have a bunch of shares and will not sell until the market corrects the PPS. The cash has increased significantly and this is good when it comes to operations. I'd rather the CEO not give too much info because this stock does not need hype or in pump. If there is any info, let it be given out in form of public disclosure through PRs, than individual calls.