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Chadsly? Just incase you were not kidding.
Moot point is the correct saying. Moot means debateable, arguable, disputeable, etc. Not blasting you but only making a correction incase you ever actually use the "moo point" in a conversation and I do not want you to seem, uhh.... uninformed :)
By the way is this stock ever going to go up?
Speculation...
News = millions of shares sold at the bid...
Not a hard pattern to follow
CXBT.OB high price I know, but does anyone have any info about this company? It is one of those over turkey dinner hey check this out stock tips I got. I can not find any real info other than basic stuff. If anyone is following this stock or has any info on it please shoot me a message thanks.
FORD breaks $19 it could go all the way...to ???
FORD back over $18 PreMar, good bounce possible
Elizabeth Tintinali Sold some lofts in the past
Read the bio on Elizabeth Tintinali 3.2 mil in sales
http://www.detroiturbanliving.com/aboutus.php
http://www.loftyfinds.com/sale/detroit/
They are in denial
I made a prediction yesterday and got blasted for it, but I really don’t care I am just giving my opinion to assist others in seeing around their rose colored glasses. At the end of the day I was dead on and still feel the same about this stock. The issuance of stock is a vehicle to raise capital and when the stock price tanked I think the CEO had no choice but to go elsewhere for funding. This leaves in my opinion this stock out in nowhere land and the company increasing debt through other funding options further reducing an already low stock value. One possible upside is that the properties should turn a profit eventually if there is no massive bust on the overall property market but the debt incurred will be paid back well in advance of any returns to investors. Take it for what it is worth and blast away I love the entertainment.
FORD Nice 2 day bottom may have a nice spring upward!
Check it out for those who play big board equities
reposted from an old CAL_LAW post in 2004
May explain a bit about the shorting
Great post on how the MM's work their shorts:
Market Maker Speaks Out:Ways of a Market Maker
(REPOST)
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I
have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate
regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals
of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into
being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called
"wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls
up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market
maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in
that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT necessarily go to the "Low Offer" to fill a buy order (Or high bid
for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in
the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want
to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease
getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to
BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount
houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company;
Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's
to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He
fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position.
But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid
.75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He
makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00
offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000
but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few
bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't
want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is
short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here
because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short
50k or 100k shares (depending how big his bank is). _________________________
Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around
the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to
note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to
slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right
after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit"
by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight
spread. Another way is by running the stock up in the morning, averaging up their short then use the above
technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will
materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short.
They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques
they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB
stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they
get trapped. If the Company has solid fundamentals and a bright future. Then the stock will do very well. And the
activity that caused the situation will prove to even help the future stock activity because it created an audience."
Ahh! .0034 real rocket here… All after 2 news releases, believe that?
Any way as to losing money or not I am sure you understand cost share averaging and well you better study up on it if you have a large position in this one because it may be your only saving grace. On the other hand you may get an increase in PPS I cannot tell the future. I do love though that when giving a reason for exiting and then having that reason somewhat validated with another weird trading day on this stock you could find the time to try and discredit me. That’s cool what ever makes you able to live with your position here.
Toodles!!
ever thought of dilution???
I bet there is a 15 million volume today and no real move in the PPS above .006 that plus what ever creative funding Scammerman has done should tell the tale on this stock.
Not the least bit worried that I dumpped my shares for what I paid for them. Not much gain seen by me here. Hope I am wrong so someone gets paid but all I can do is hope on this one.
any one you have a margin account with....
Well the dump is on I am out for good. I am sure this will get deleted but here are my mil+ shares. Later all hope someone makes some cash on this dog.
Not a penny but HOM spiking today record earnings 157% increase
SPAZ.. Nice pop today anyone follow this one? News?
OK...
I just got back from a 3 week relief mission in Pakistan (I am sure I was seen on TV by some of you folks. I had a few reporters in my face for a couple of days.) So with my goodwill account being paid up for a good long while what goes around comes around and I think we are due for a small pay off here soon ((HEHE its as good a theory as the damn moon thing LOL)) still hoping for some positive news.....SOON!!!!!
It has been 10 days since the volume pop and still no listing on the SHO reg page:
http://www.nasdaqtrader.com/aspx/regsho.aspx
I would think if there was serious shorting going on it would have shown up by now.
I have added significantly more to my holdings here (against all sane reasons) and should prolly have my head examined but I hope, as do you all, that some good PR will send this baby upwards.
Was an eclipse today in Spain!!!
LOL AAA I love the charts just needed a laugh.
LFWK will pay my way!!!
float all dried up here. Only way is up to get shares now.
I can dream can't I : )
Keep in mind
The 25mil volume day was tons of churn from people buying and selling many of the same shares for small gains on the pops. I do not claim to know the actual float but the 25 mil is not a full representation of only one share being traded, many shares were traded many times that day. IMHO
PS I was in and out twice that day. And I was in no way alone.
Knobias, Market Wire are paid sites?
I think not? am I wrong?
here is the info on promotions.
http://www.thesubway.com/thenews.asp
Quote from above page
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated One Hundred Thousand Shares of (OTC: LFWK) for current coverage of LoftWerks, Inc. (OTC: LFWK), by a third party (Falcon Venture Vending LLC), who is non-affiliated and may hold a significant position in the stock, .for services provided including dissemination of company information in this release. WSCF has not sold any of those shares, as of this release.) WSCF intends to immediately begin or continue selling its shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
NON AFFILIATED!! WHY THE INTEREST???
I know its a month old but the comapnay has only been public for 2
http://www.marketwire.com/mw/release_html_b1?release_id=93306
BTW www.thesubway.com was the only promotion site I could find that was used and they were given 100K shares. When I find the link ill post it.
How the heck are people getting filled so low????
(**OPINION**)I discussed this stock with some co-workers. myself and one fella seems to think it was rather odd that the stock went from .30+ to a .004 bottom with about 3 mill shares overall traded. (got the information from the posted chart Art's I think).) I feel that someone worked the price down on this equity to set up a price that allowed for the manipulator to take up a rather large stake for a small cost (MAYBE TO WRESTLE CONTROL FROM AMMERMAN) but when this un advertised and rather unknown stock popped up on some pinky daytrader radar programs the cat was let lose. With the rather low volume on the down trend and the massive bottom buying (lots of churn as wel1 resulting in the +20mill day vol)Now with the crazy bid/ask split there may really be a shortage of shares avail for trading now (I COULD ONLY HOPE!!!!) (**OPINION**)
NWPO- little news today may be a nice pop!!
Penny
Same lawyer
Anyone have a stock program that can total up all volume from the first day of trading till the bottom of the intial sell off? This may be a good indicator of what is available O/S (This should be close to MAX amount Im sure some of the same shares were bought then sold on the continued price drops) IMHO
I do not think the O/S is as big as everyone thinks (OPINION ONLY!!!) and that the wild moves are from the low amount really available. This company looks good and many folks are prolly aquiring on the dips drying up the available shares. It seems logical to me just need some more outside interest and this baby will fly!!!!
DOH! 8K at .0093 WEAK...HOLDEM!!!
WOW! real tight grasp at .01...I hope that holds true to the upside!!!!
TONIGHT TONIGHT you as part owner of this company may sell some property!!!
The Carton Hotel lofts featured tonight!! Sign UP here!!
http://www.citylivingdetroit.com/05/fair.php
The Realestate agent. Eliz B.
http://www.detroiturbanliving.com/listing_browse.php?cur_page=1&&type[]=Purchase
And guess what this building is part of the inventory you own with loftwerks.
according to thier (err our) web site!!!!!
http://www.loftwerks.com/forsale.html
Just another link for folks interested in what the Loft scene is like in Detroit.
http://skyscrapercity.com/showthread.php?t=231002
Lots of renovation going on there and with the many folks leaving the Storm damaged areas this may be a nice place to start anew. Detroit is nicely priced for first time buyers. May be a boomtown in sales soon.
LFWK-a bit of info that may point to a sub penny that has its days numbered!
http://www.investorshub.com/boards/read_msg.asp?message_id=7932271
Just more info that points to the real possibilities here.
Some more DD that made me get back in...
Read the bio on Elizabeth Tintinali 3.2 mil in sales for Loftwerks!!
http://www.detroiturbanliving.com/aboutus.php
Also some of the lofts posted here:
http://www.loftwerks.com/forsale.html
Are actually for sale on this Real Estate site which lead me to the first link!
http://www.loftyfinds.com/sale/detroit/
Boys and Gals I really think this company is a for real going concern and if the O/S when finally cleared up is within reason this is a moon shot. IMHO
: )
Well EST lunch hour is over. Hope this spike is noticed on some stock watchers charts. BTW with damn near 2mil shares amoung 4 of us we either have a lot or a piddly amount of the total O/S (yes I love to state the obvious). Now for some good PR and then we will see if we are high or low holders.
A question. How many shares (if you want to tell) do the folks posting here have? Might get a little look at what the O/S really is. 800K shares here..
I bought back in on todays low...Still think this baby may be for real. JUST PLEASE UPDATE THE O/S!!!
I think I see some life here....I am back in for another ride.