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so when they say insurance,, I thought they were referring to life/auto/health etc. Are they referring to that or simply title insurance?
thats all good, its good to hear positive info - who knows perhaps its a sign of future loans, and maybe perhaps loans to EXPU. We're just not seeing them, unfortunately. "For buyers spending at least $1 million on a Miami-Dade home or condo, two out of three of those deals are all-cash, said Shuffield, president of Esslinger-Wooten-Maxwell" << how does this bring LOANS? 66% are cash buyers not needing loans. Of the buyers needing loans, or of those below a million dollars, how many are out of state buyers, out of the country buyers, getting financing out of FLORIDA? My friend, there's only one thing that matters as of now that will affect us positively and thats EXPU getting more loans, bringing in more revenue and sharing that information with shareholders as its happening rather than giving minuscule info every 3 months and feeding us morsels of fluff such as ATM placements or PRs High Fiving NASCAR. I see little to no marketing, no 'thinking outside the box' with regards finding loans, and we hear ZERO from the company keeping us informed of any such things as they happen. I honestly think this RR person barely goes into work and all this crap is disseminating from an office manager who may have good intentions, but just doesn't get it.
wow did you see that? running so fast it went right by us without us evening noticing
US 2010 Home Foreclosures Top 1 Mill. for First Time. 2.9 million last year receiving filings. Florida still one of the hardest hit states. While moving forward this will bring down home prices, some here have suggested lower home prices can yield more home sales. I only ask, please someone show me where these added home sales are and the increased revenues impacting EXPU? Maybe RR needs to take some different marketing approaches.
http://www.cnbc.com/id/41052882
I've never seen a PR making any such correlation. Taking your words into consideration, and using EWM as your reference, what in the world does ATM placement have to do with 1)loans 2) real estate 3) title work 4) insurance? About as much as selling lemonade and ice cream does, zippo.
Also looking at this EWM website, you can see how the company is operated/managed is heads and shoulders above companies such as (clearing throat) EXPU.
Lastly, while we hear talk of selling insurance and real estate, where is it? Did I miss something? Where did it go?
"Staying afloat" is just short of drowning. And the attention given to different businesses just tells us the other aspect aren't working. Show we one successful mortgage company or one successful real estate company thats in the "ATM placement" business. Please.... this is a joke. They're selling ATM because they aren't selling loans! And if they are just staying afloat and using 'anything and everything' to do so, that means nothing prosperous is going to happen here until the market turns around, and people... that WILL NOT happen until at least 2012. Anyone that thinks otherwise is living in La La Land. Rather than tell us they're placing ATM's, I'd much rather here "we just closed 3 loans this week worth xyz", or heck "we just closed 1 loan for the entire month of December' at least thats something concrete.
wow did you see that? about $35 worth of volume. WOO HOO!
It's a mortgage company, no ... its a real estate company, no ... its an insurance company, no ... its an ATM placement company, no ... its SUPER MAN!
I'm SO sick of this. Maybe this is why the company flounders. Tomorrow they'll be selling hot dogs and lemonade on the side walk, and the week after selling scoops of ice cream.
have him take some pictures and post them for us
and still yet another week...........
is there any way to know if he is selling shares?
cute. the trades so far amount to about 500 dollars, which doesn't fit any of those last 2 scenarios IMO. 500 dollars from RR dumping into news? 500 dollars from people frustrated? granted its about 400 dollars more than yesterday but lets be real, whats 500 bux? my only concern about the PR is the reference to 1st quarter. that the 1st quarter was mentioned at all, with no mention of subsequent quarters suggests a reverse split seems still highly likely in near quarters, and if thats the case, why even mention it? They may as well just tell ppl to 'sell' prior to Q2. Was this somehow meant to be re-assuring? someone help me because I dont see it.
another week... nothings changed, not even volume
I love your optimism guys... "show me the stock price"
I don't think he said "when" did he? Is that the requirements/compliance for the NASDAQ? a dollar?
why a 30x multiplier?
so where do you think it should be valued? and do you have support on how to get there?
and when do we see financials? whats projected for them to report?
people that hold Apple sell on the news, so your point is weak
I'm probably the least knowledge-able on this board. But if I am not mistaking, .37 cents is not 37 cents but rather its .0037
thats not saying 37 cents a share
and so my point is, why are people comparing VYGO to other stocks that are obviously not even real operating companies. If they're going to make comparisons, use stocks that rose from the grave to become legitimate revenue generation companies and which have retained all if not most of that value since their resurrection.
This is the 3rd time I've seen someone positively compare VYGO to some other stock, KATX, SAEI, and there was a 3rd one mentioned that I think began with the letter M. Each one of these stocks at some point in time to an immediate hike up to the moon, and then came crashing right back down and are worth about the same as VYGO is now. They all seem dead stocks. Someone please tell me the point, I must be missing it.
thanks for that info.. i would've been sitting here watching a screen not budge, thinking my TD account was frozen haha
what was the ask yesterday about the same time?
you never seen me post anything regarding a BK. I want positive feeds, but I also want the real deal. EXPU needs to step to the plate.
tell us why its good please. what makes you so confident. thank u
yes, agree on all points
sorry i dont speak chinese, you lost me with that last half. haha. obviously you know way more about the market than me. I just want to see this go up, and i want to see substantial posts showing EXPU progress rather than the market itself. most of the posts on here are just that.. fluff, and I feel they come from people connected to the company and I'm wanting someone in that office to start keeping us informed rather than posting fluff
http://ih.advfn.com/p.php?pid=nmona&article=43795787
through the first 7 months loan originations were 20mill. 5% of that would be 1mill in revenue. yet expu had half that for the year.
well, i live in a condo, and in the condo world 600K is a jumbo loan. You're right about the 5% my bad,, but point about the increase in avg home price still shows how the numbers get manipulated. Lets remember these conversations, because in 6 months this housing market will not be better. Nor 12 months. Keep looking for the articles... you'll find a few. But in reference to the 500,000 in revenues and it being the same in 2010,, IF it is... thats still the problem. He needs to double that. Thats why companies market their product. If 2010 revenue is the same as 2009, you really think the stock price will go up??
1) you're guessing at 2010 revenues. 2) if it does generate the same amount in revenue as it did in 2009, where is the impact on that 2009 revenue on the stock price? 3) revenues can come from different sources - maybe they sold a property they help 4) Jumbo loan for 100Mill? 5) how much profit was there in 09? based on your estimates for 2010, profits for 2010 should then be about the same as 2009, which again I'll refer to 2009 having zero impact on the stock price. It crashed just after 2009 am I right? 6) yes RR should be communicating to shareholders real progress
let me put another spin on rising home prices... lets say in a given month a huge percentage of homes that are sold are jumbo loans.. homes that were selling for 625,000 now selling for 485K, and homes 495K now selling for 425K etc. the closings of those home sales are whats driving the average price of homes up. whats being seen as an increase is a farce. you really think people that own a home say listed a home for $195,000, that THOSE homes are now selling for an increase of 5%? no way
"twas 3 nites before x-mas and all through the house not a creature was stirring not even a HUMAN!" yes you are right thats precisely the point. where are these HUMANS? why isn't EXPU getting any of these HUMANS?
i own stock as well as you. and not to be rude, but anyone thinking the market is improving is living in la la land. read what you will, tomorrow you'll read something else that says its down. and if you look hard enough you'll find the articles such as the one you read. December is a bad month for housing, as is winter in general. All I want to know from the company, is 'show me the loans'. Some people are buying right? thats what the article says... obviously people somewhere are buying homes, right? Why do we NEVER see anything about EXPU originating any of those loans? Is it a legitimate question?
wow, thats awesome! How many new loans did EXPU originate in November? Must have been a lot.
Its doing good? Please tell.
ok thank you for the info. i'm not a financial expert, but the business about the building seems fishy and i'm not the only one that thinks so.
I do own the stock. the stock was diluted around the same time as various press releases, then the stock crashed 98%. FACTS! I come on here to see if 'today's the day' the CEO or someone in the company actually comes out with some real progress which will help move the stock price. Unfortunately that never happens. All we see are stories about 'rainbows and butterflies', moronic press releases about NASCAR, and bull about the housing market turning around. The people on here with negative views or concerns are not people trying to take the stock down, but rather people who've lost thousands waiting for the CEO to step to the plate.
need a link? look at the chart.