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It was a great quarter, despite the fact that the earnings target was missed, the book value of the Company went up 15% to $11.44 which is above last nights finishing stock price. The book value has consistantly increased during the last year that I have been an owner of the stock and there is no reason to think it wont continue. As long as the book value increases the stock price should continue to get pulled along in an upward direction.
On the down side I do see a trend towards lower dividends as the company move into lower risk areas, however that should more than be returned in the share value.
Onwards and Upwards TWO
I only abuse the insiders and tout's who try to make more of these shell companies than what they are. And it's only to line their own pockets. Whether it's insiders selling the stock or the tout's getting paid to do promo's, or in other words telling pure lies to induce gullible investors to part with their money. As we all know once the inside selling is done, all the gullible people are the bag holders once the promo's are finished, and the stock sinks back into oblivion. It's the insiders who are the one's lining their pockets along with a few savvy people who have become experts in playing the game.
I only abuse the insiders and tout's who try to make more of these shell companies than what they are. And it's only to line their own pockets. Whether it's insiders selling the stock or the tout's getting paid to do promo's, or in other words telling pure lies to induce gullible investors to part with their money. As we all know once the inside selling is done, all the gullible people are the bag holders once the promo's are finished, and the stock sinks back into oblivion. It's the insiders who are the one's lining their pockets along with a few savvy people who have become experts in playing the game.
Please read and don't waste your money. GFMH2 No of days being touted = 28. Number of touts covering GFMH = 14. No of shares outstanding = 89.9M. Last quarter revenue = $0. Cash on hand = $1,082. Share book value = $.0002
This is your stereotype Pump and Dump
Don't worry he is one of the touts, there were about 5 or 6 of them extremly active on TGWI all day yesterday. It got really boring after a while as they were continually writing the same rubbish all day. The value of this Company says it's a 70 million company and yet try to Google the name and the only thing that comes up are 3 pages of stock tipping sites. All genuine Companies normally have their web page come up on the first Googled page.
Yes thats what happens when insiders dump worthless stock in bag holders hands, plenty of volume and always downwards.
Zero revenue and $200 cash on hand, it's investing in Dick All!!!
Stay away people you've been warned, it's a pump and dump of the highest order. 4 or 5 touts on this board really pushing this POS.
TGWI days being pumped = 34 Number of touts pumping TGWI = 42 Sharesoutstanding = 1,753.1M Last quarter revenue = $0 Cash on hand = $200 Share book value = -$.0001 I suggest you look at the above before throwing your money away. The touts are all over this today.
TGWI days being pumped = 34
Number of touts pumping TGWI = 42
Shares outstanding = 1,753.1M
Last quarter revenue = $0
Cash on hand = $200
Share book value = -$.0001
I suggest you look at the above before throwing your money away. The touts are all over this today.
Yes it will be great to see how many bag holders are created this time as the insiders are laughing all the way to the bank.
Looks like all the Gooks are out again pumping this POS. Obviously still holding on to worthless paper they want to get rid of. I said when this was 5 cents it would be sub penny within a month, and what do you know I was right. Stay away from this Pump & Dump.
Five star equities pumped this for 3 months and got paid $50,000 to do so, I was receiving 3 emails a week from them as I am on their mailing list. The pump finished last Friday and on Monday they started their next contracted pump and are receiving $50,000 once again. The ticker on the new pump is GRPH, so far it's down around 14%. Talk about money for nothing.
It's the only way to make money, good luck
Obviously you have great faith in the company and if you already have shares it may be worth selling on the high. If the track record of EliteOTC holds you will get a chance to buy back in at a lower price, hence a nice little profit.
It's an EliteOTC pump this morning, my advice if your holding is sell in the first hour as there is nothing that EliteOTC pumps ever turns out to be anything more than that. Every one of their pumps that I've watched over the last 6 months ended up as a POS.
I was ridiculed a couple of weeks back, when this was trading at over 5 cents, for saying it would end up in the gutter. 1.7 cents today, mark my words this is sub penny within 2 weeks.
The only way this will go up is if they do a reverse split of the shares and with over 1 1/2 billion shares trading a 10 to 1 reverse split is on the cards.
The drop in share price doesn't work out to bad as the last dividend is payable on the 22nd Oct. I am in their dividend reinvestment plan (DRIP) so the lower the price on the 22nd Oct, the more shares my dividend buys. In a way it's a win win scenario.
There was a drop for a couple of days after the lower dividend of 36 cents was announced but since then the share price has hit all time highs so I don't think yesterdays drop had much to do with the previously announced dividend. Reading a couple of bloggers on the stock and they mentioned there was some gapping on levels of support below the share price so a couple of market sells could have dropped through those light threshholds.
Anyway some good consolidation again today and until we can see some major moves on mortgage loans and higher costs for borrowing i don't see to much to be worried about with TWO in the next 15 months.
As I said last night 2 million shares traded today is nothing with 1.75 billion shares in circulation.
However I do hope you make money....Good Luck
Well I predicted the gutter for this, a loss of 23% in one day may not be the gutter but in my experience (which is 31 years of playing the stock market) I wouldn't touch anything that EliteOTC promotes with a barge pole.
2 million shares traded today isn't even a drop in the ocean when there are 1.75 billion shares in circulation. This one will be heading into the gutter very quickly, mark my words.
Another Monster Yawn from EliteOTC
Yes another "next big thing" from EliteOTC this morning. The garbage that this group spouts off as potentially explosive growth Companies is unbelievable. I add them all to my favourites so I can have a good laugh once in a while when I look and see what a load of cr-p they turned out to be.
Oop's dividend drops 4 cents, first drop in more than 9 quarters. Could have a negative effect on shares tomorrow?
Totally agree, EliteOTC represents everything that is bad in the Over the Counter market.
Well 35 cents per share was a little below expectations but everything else was positive. Should still be good for another 40 cents per share dividend.
Well here you are then, this is today's POS from EliteOTC, Good Luck. It's trading at 0.0006 cents.
Today’s alert InternetArray, Inc. (INAR) is a high tech breakout company that is experiencing remarkable growth. For the past month INAR has released an astounding amount of news to announce acquisitions, company developments and business growth. INAR’s market is amongst the largest in the world and the Company is beginning to show amazing revenue growth… so we hope you’ve had a change to start your research, because we could be in for a wild ride! So let’s get right to it:
Well What do you know another alert from EliteOTC already, being posted after close tonight "A sub sub penny" wow where do they find these gems. Don't make me f--king laugh.
We’re going to get right to the point; we’re announcing the new “Super Sized Summer Scorcher” alert today after the close… so get ready. Everyone knows that we’re just about the hottest thing going right now; our last two alerts gained 245 % and 284 %... with each one posting a massive run in a single day with enormous volume. The past couple of weeks we’re watched our other alerts make unprecedented runs including 237 % and an amazing 445 % winner…
…but you know all that, our members are the fortunate ones that have been right in the thick these amazing few weeks. What’s important right now, what you need to know right now is this:
Today, following the close, shortly after 4:00PM Eastern time, we will be announcing our new “Super Sized Summer Scorcher” alert… and this one is loaded with potential! Currently at a fraction of a fraction of .01, a sub – sub – penny if you will, there is gigantic potential for more big numbers with what we have coming this afternoon.
So be ready. You can either:
Watch your email like a hawk after today’s close. If you chose this option make sure you add us to your contact list to insure you get our email promptly,
Big run up off late on huge volumes. After hours tonight for earnings call, should be interesting. Anything over 39 cents per share will be welcome and keep the run going.
Good Luck, might be a good entry point as it's down early and most of them have a 2nd run before the rot sets in.
After trading stocks now for over 32 years, I've forgotten more than you will ever know dumb dumb.
I agree with you, and I also believe there are many potentially good penny shares out there but none of them are anything to do with the junk that EliteOTC pump. As I say I have a library of EliteOTC tips and not one of them has turned out to be anything more than junk.
I'm working 10 - 12 hours a day 6 days a week so can't be sitting at the computer 9:30 AM each trading morning to buy and sell within 45 minutes. If you can and you're making money out of this crap then good luck to you. I just hope nobody actually believes the stuff that they are putting out, because those are the people who will lose their shirts on this cr-p.
Well done - But plenty of people will lose more than 2k when this stock goes back down the gutter where it belongs. I have a long list of EliteOTC stocks tips saved to favorites and not one of them have turned out to be anything more than a pile of sh-t.
Yes it's been a great day for EliteOTC. Oh and by the way they sold in the first 10 minutes of trading this morning and are already moving on to their next pick.
They'll have 100 sub-penny companies in a hat and the first one drawn is their next big play. They will buy it on the cheap for a couple of days and thenn put it out as the next big thing, announce it at 9:30 AM and then sell it by 9:45 AM and make their 150%.
This is another pump by EliteOTC, and every other one that they have done is back to where it started within a week. They are effing cowboys who are laughing all the way to the bank. The sooner these people are shutdown the better.
These Companies are trading sub penny because that's exactly where they deserve to be.
Just beginning to get a little concerned with TWO for the next dividend. Even though profit continues to rise the 3 filings of new shares, during the last 12 months, means that the earnings per share have dropped in the past 2 quarters. During the last quarter the earnings were 25 cents per share yet they paid a 40 cents per share dividend. I'm just worried that if they don't at least match the dividend next time the stock price will get hit despite another rise in profit. Usually with any high dividend paying stock they get hit hard if the dividend falls.
Well you got your .40 cents dividend per share, and the share price continues to rise, even after last weeks sold issuance of 50 million shares at $10.44 per share. The initial drop in price to a low of $10.54 lasted about 3 hours and then back up it went and hit it's highest price of the last 12 months today. Times are certainly looking good at Two Harbours, as long as interest rates stay low and I don't see them going anywhere until 2014 at the earliest.
Well you got your next .40 cents and the share price continues to rise, even after last weeks sold issuance of 50 million shares at $10.44 per share. The initial drop in price to a low of $10.54 lasted about 3 hours and then back up it went and hit it's highest price of the last 12 months today. Times are certainly looking good at Two Harbours, as long as interest rates stay low and I don't see them going anywhere until 2014 at the earliest.
There are a number of very high profile mutual funds holding this stock and in the recent very turbulent market the share price has remained very strong.
The dividend yield seems extremely high but thats because by law they have to pay out at least 90% of their income, however plenty of that is reinvested back in the Company with their DRIP, I reinvest my dividends, so 90% doesn't actually leave the Company.
I've read a number of reviews on TWO since I've been holding it and I've yet to read anything that is negative based on the financials of the Company. There are a few who feel the 16% dividend yield will eventually hurt the Company and that if they cut the dividend for a few quarters the share price will get beaten down very quickly but that's investing and a chance I'm prepared to take.
Good luck and the biggest piece of advice I can give you is don't get to greedy. A profit is a profit, no matter how big or small.
Thats good, I've made the same mistakes, it's hard to sell at a loss but holding on to deadwood is a lot worse, in the longrun.