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Thats retarded thinking. first, many of us knew where it was today months ago and posted it a number of times - guess what - we were right and your figures wrong. the longs made their decision but many did sell like myself and now buying at these winter lows. you twins take simple math and and try to make it calculus. it just does not fly. Second - its the insurance companies that use nsmg services. while they may have closed some they are opening others and they have made improvements.
National Storm Management Reports Third Quarter 2007 Results
Third Quarter Operating Results Improve Versus Last Year's Third Quarter
Last update: 11:27 a.m. EST Nov. 20, 2007Print E-mail RSS Disable Live Quotes
CHICAGO, IL, Nov 20, 2007 (MARKET WIRE via COMTEX) -- National Storm Management, Inc. (PINKSHEETS: NSMG) reported its third quarter financial results for the period ended September 30, 2007.
Revenue for the third quarter declined 11 percent to $2.2 million compared to the second quarter of 2007. While revenue was 28 percent lower in the 2007 third quarter period versus the comparable period in 2006, operating results improved by 14 percent or $92,588. During the third quarter the company posted a net loss of $0.7 million, or $0.01 per share, compared to a net loss of $1.1 million, or $0.01 per share in the second quarter. The improvement in results is due to significantly lower interest expense.
"For the second consecutive year hurricane activity was absent in the state of Florida," said Terry Kiefer, president and CEO of National Storm Management. "Also, the production levels in the Midwest were not sufficient to support our overhead structure. Accordingly, we have consolidated offices and personnel throughout the organization. We will use the upcoming winter months to complete our second response to the SEC's inquiries regarding our form SB-2, and we will continue to pursue OTC Bulletin Board trading status," said Kiefer. "Longer term we are prepared to open two new offices in the spring as the new storm season begins."
About National Storm Management, Inc.
National Storm Management (PINKSHEETS: NSMG) is a national construction company headquartered in Glen Ellyn, Illinois providing storm restoration services in seven states. Its operating affiliates include: ABC Exteriors (Illinois, Indiana and Kentucky); Pinnacle Roofing (Florida and Louisiana); WRS, Inc. (Minnesota); and First Class Roofing and Siding (Ohio). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and others for storm related claims. The company is a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau. More information is available at www.nationalstorm.com.
Forward-Looking Statements
rhino,
thanks for responding and its all good. just want to point out that when you saw it below .03 yesterday that it already went to .025 well over a month ago. i bought a fair amount then. last yr from jan 1 to march there was a rise from .07 to .30. those that got in over the winter are hoping for a replay but obviously we be happy if it reaches .10 or higher and then sell. time will tell. the only comment i want to say about the twins is that if you had listened to them before the winter started you be believing pps would go below .01. The rest of us all believed through the end of the year it would be about .03 with a little up or down on both sides. we were right and they were wrong.
The records says you told nucci on 12/11 you were staying out of nsmg. now you come on nsmg and back up the twins. thanks. thats all they needed to start bashing this stock once again and they don't own it. maybe you are hoping for them to bring it down so you can change your mind and buy in.
3 saints does not own nsmg. yet he has been bashing for years. he really needs rehab for his addictin. just check out his record on nsmg and yet nsmg is behaving just like all the other hurricane stocks and its pps is exactly where i and many others said it would be during the winter. if you believed him it would be less than .01 and yet has not even come near that and has held steady around .03.
is this the same 6 month chart that you used months ago to tell us shares would be way below what they are now. you have lost all credibility with your agenda. Yet all the pps are exactly where i amd others have said they would be.
i have to admit the twins try so hard and fail so miserably. If only the price per share would reflect their dreams and aspiratations, and legal jargon. But alas - one blind twin follows the other and they both falling in the ditch. Now, if we get back to the roots that NSMG stock is a hurricane stock then current pps makes all the sense in the world. GO NSMG.
going on record and predicting that if you sell at .10 you'll play again before summer ends.
sounds great. but if it does go to .10 or higher by march or earlier i would sell because after that it will drop back down very quickly to its .05 lows. This would present another great buying opportunity using the profit you made from the winter run to buy shares for the summer run. anyway, thats my game plane to get the most from this stock. we'll see. a lot of hopful if's but what can you do.
agreed. i assume you did or are continuing your winter buys then.
I don't know about all that waiting till next aug/sept. i'm believe for doubling, tripling by march and then a big drop again. Last year (07) from jan 1 to march went from .07 to .30. I'll take less than half of that and be happy.
It all depends on what i call your play money - that is - money you are gambling with but if you lose it all your still ok. in my case i have a few hundred thousand shares i bought in between .025 and .035 so far this winter. I would have liked to have about 500,000 shares by year end but my play money is limited right now so by year end probably going into 08 with around 300,000 and maybe pick up some more in jan if lows persist.
Thanks for the technical update. Somewhat over my head but the message seems to be we are steady and and holding. I do not foresee a breakout above .04 till the last last week of Dec and hopefully a slow/fast climb through the winter months (jan/feb) of 08. Remainder of year buy will be between .03 and .035 maybe going a little lower or higher. Yesterday and i had a buy in at .03. Buy stayed at .035 even .04 at one time and dropped all of sudden to .03 just for a minute and then back to .035. My buys kicked in - i felt lucky. I want to get a few more buys in to reach my buy goal before year's end. About 80% there now but now i'm waiting on my next check. Gotta pay those bills - then it's Christmas so gotta put some money aside for that. But if i run into jan to meet my goal it's okay - but may cost me a little more. Then that's it for buying. Will be on the sideline to sell if we have a winter high. If not - then hold.
will try by best nypd.
Why do you care. You do not own NSMG. I am sure there are hundereds of stocks out there with similiar circumstances. Why don't you hound them. Maybe you will find answers to your questions. I personally do not think that anyone cares about what you say anymore. I think you lost your credibility a long time back with a lot of NSMG folks. But that is not to say you may be able to find other like minded folks like yourself in other stocks that will help to shine a light on the answers you are seeking for. Good luck.
You make some excellent points and i agree totally with them all. It is hard to find seasonal penny stocks that move in the off seasons of nsmg.
undestood lexi. the logic was so flawed i could not help but respond and yet wanted to keep it polite. As you say to each his own and that is a principal i do respect - free speech within of course the rules and boundaries set forth in NSMG charter.
Spark,
Thanks for your advice. It always gets my respect. You are a man of few words but when you do speak you come across as one seasoned with time.
glad to see your aboard. good luck.
Derb,
Do not see your logic. if you bought higher than .02 and it went to .01 the loss would be greater. In your scenario buying at .02 and going to .01 the loss would have been less.
I do not think lexi2004 would misakenly buy at .02. We all right now would love to buy at .02.
nuzzi_boy,
Whats happening. Are you in, out, buying, holding. Have not heard from you in a while. Can you update?
manchild
lexi2004,
Great to hear from you and glad your aboard. The ask price is still .032 so what ever the bid price does not matter till you want to sell. When no one is buying usually you see movement to bring the bid and buy closer sometimes even equal. But right now your holding and that is good. There may be some average down buying between now and end of the year but i think the buy has bottomed out between .025 and .035 for the rest of the year. Early January we could see a slow climb for a winter spike to the first week of march(it did last year - hopefully this year but will not be as high). But i gladly take .10 or .15 by march 1. We'll see - good luck.
nypd - To get .02 on the buy bid will probably have to get down to at least.015 before you see it. Course i'll be buying if it does but i have been averaging down since the buy dropped to .035 and below. I feel if i wait for the magic .02 buy i make not see it and lose out if it bottoms out .03 and then starts climbing. Its a real poker game when you hold out like that and i hope you have the best hand. On the other hand if you have limited yourselve to holding out for 2 more weeks and then settle for whatever the low is you may be ok. As i have said before - nov and dec last year stayed within about a penny for those 2 months. This year seems to holding to same pattern but at a lower bid and buy. Good luck - by the way happy thanksgiving to everyone.
good word madmacd. Its right where we expected it be and i don't sense any panic among investors (nsmg). The panic is among the bashers who can't stand the ship staying afloat and seen blue skies and open waters ahead. Raise that NSMG flag up the pole - mate - there be a nice wind a blowing.
3 saints - i have read this before and i surely think our moderators are well aware of them. Thank you for reminding us all. i believe we all have had some of our messages deleted in the past. i know i have. let's all try to obey the rules - knowing that these are priviledges but when violated can be taken away.
i welcome our new moderators: NYPDBLUE and POSTWOOD215. Good luck and i know you both will try to be fair and balanced
AGREE 100%. GO NSMG
what a silly statement. obviously, anyone that was in nsmg make a good profit if they bought the lows that were prior to that. You are sounding more desperate every day to find a bone to gnarl on. pity
i'll take .15 anyday now that i'm in on the lows. Could not say that last year - i believe i started buying when it was .15 or higher. Hopefully i've learned my lessons and can profit some this time.
portwood,
Check out the winter spike (jan-mar 07). it could happen again in 08.
Bought another 40,000 under .03 today. If you check my record i had said back in late summer that winter lows would be between .02 and .03. NYDPBLUE took it down to between .01 and .02 at that time - do not see it going below .02. But i have been wrong before so do not hold me to it and NYPD may be right. Oh yea - go NSMG - we'll take it as low as we get it. Even the bashers can't help helping us - it must be very painful for them but i can't say in this case i feel their pain.
You may be right NYPD. But looking at nov/dec of last year the buying range held pretty steady within a penny of .05. Jan 1 went to .07 and buy march .30. Of course the buying range is lower this year but if the buying trend holds i do not think we will see .02. We may after the winter lull before hurricane season (late march - may). I have been average buying since it hit .035 early november. Bought today again at .03 again and will continue to average buy whether it goes up or down till the winter spike kicks in. Hope to take advantage of that and then sell before the post winter lull sets in. Then wait for the lows to return and start buying for the cane season. Will probably get out early in cane season if dead. Wait on the sidelines for a cane that will be profitable. Anyway, thats the game plan - we'll see what happens.
Thanks again nicoljb. I see today the volume was over 1 1/2 million shares. I managed to get about 33,000 at .03. I would say that is probably the low for the remainder of the year. Maybe a slight dip in first 2 weeks of Dec but no more than that. Good luck and go nsmg
my apologies nicoljb. i thought you were referring to nsmg management as the rats and you were referring to sec. thank you for your very intelligent response for my error. Yes, diversity is always a good thing for a company to as you say be a year round stock rather than seasonal. It reminds of going to farmer's market today and buying my firewood. Talking to the seller he had 150 acrs of woods and farmland. i said to him will you be here next week. he said i am here everyday, if not me, my wife or someone else. well he had diversity. if he was not selling wood for the winter he was selling his crops. however, in this case he owned the land and it was paid off. good for him, great if nsmg had no debt.
Your statement is totally flawed. diversification has been there all along and katrina hit where - new orleans. Sounds like you are one of the ratpack but without the fame - too bad
and why did all the other hurricane stocks spike during the time of katrina. Did you like the merry go round when you were a kid cause you sure like to go around and around and around and .... don't you get dizzy spells.
DERB,
You are so desperate for words to put down NSMG. You say 2005 figures for NSMG were inflated. I looked at the other hurricane stocks for the same period and they all spiked. Were they inflated? The only thing i believe from you that is inflated are your statements.
The ones that were in nsmg when katrina hit sure made a killing. The herd mentality that followed afterwards that got aboard like in the days of the gold rush sure got hurt. The expected cane season never happened in 06 and 07. That's why the stock price is so low now but reasonable low because of no canes. 2008 could change all that because again as we look at hurricane history this dry spell going a 3rd year would certainly be a great loss and historical odds are in favor this could be a banner year for canes. Again, your gambling with mother nature so play the market wisely and give mother nature her respect cause she can hold back and take you to the poor house and yet again make you some good money. That is why with these lows now in winter season is probably your last chance before they start to rise as we go into 2008. GO CANES - GO NSMG
SO JUNK FAXES AND EMAILS SAYING THE COMPANY WOULD PROFIT FROM HURRICANE KATRINA IS WHAT CAUSED NSMG TO SKY ROCKET. THEY WERE JUNK FAXES BECAUSE THE HURRICANE WAS JUNK(NOT REAL). MOST PEOPLE I KNOW DO NOT HAVE A FAX AND MOST PEOPLE AT WORK DO NOT WANT TO BE SEEN PICKING UP JUNK FAXES ABOUT STOCK ON THEIR JOB. MOST PEOPLE DO NOT READ THEIR JUNK EMAILS. COULD IT BE THAT AS WE SEE THE DEVASTATION KATRINA DID AND BILLIONS OF DOLLARS IN DAMAGE BE WHY THE STOCK WENT THROUGH TO THE ROOF. AFTER ALL, WHO IS REPRESENTED BY NSMG. ROOFERS, EXTERIOR BUILDERS, SIDING AND IS AFFILIATED WITH ALL RECOGNIZED INSURANCE COMPANIES (WOW). THIS IS THE KIND OF STOCK I WANT TO OWN WHEN MAJOR DEVASTATION HITS NSMG TERRITORY. IT WILL BE A BLOWOUT,
About National Storm Management, Inc.
National Storm Management (PINKSHEETS: NSMG) is a national construction company headquartered in Glen Ellyn, Illinois providing storm restoration services in seven states. Its operating affiliates include: ABC Exteriors (Illinois, Indiana and Kentucky); Pinnacle Roofing (Florida and Louisiana); WRS, Inc. (Minnesota); and First Class Roofing and Siding (Ohio). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and others for storm related claims. The company is a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau.
I HAVE TO LAUGH WHEN I SEE THAT ARTICLE. I HAVE SEEN IT USED BEFORE. FIRST NOTICE THE DATE ON IT '03:16 AM CDT on Sunday, March 25, 2007'. THIS IS TWO YEARS AFTER KATRINA AND THIS ATICLE COMES OUT JUST BEFORE THE 2007 HURRICANE SEASON STARTS. IT MAKES MORE SENSE THAT SOME PUT A LOT MONEY INTO NSMG AFTER KATRINA AND SEEING NO HURRICANES TOOK A BIG LOSS AND LOOKING TO BLAME NSMG. NSMG IS NOT TO BLAME - THE LACK OF HURRICANES IS TO BLAME. - SILLY PEOPLE LIVING IN LALA LAND. THE SEC LOOKS INTO A LOT THINGS BUT AS THE ARTICLE SAYS THIS NOT MEAN ANYBODY DID ANYTHING WRONG INCLUDING NSMG.
SO THE STOCK GOING THROGH THE ROOF AND ITS GREAT GAINS IN 2005 AD HAD NOTHING TO DO WITH ONE OF THE WORST HURRICANES IN HISTORY DAMAGE WISE TO STRIKE NSMG TERRITORY AT THE SAME TIME.