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exactly...so if the q2 comes out decent we can throw that party in vegas like we talked about....i say we do it in sept
that works for ligit shorting...does nothing for naked shorting.
oh wow, approaching $14,000 dollar volume
sometimes you just have to realize what a thin market this is for sfnn
ditto
.03 is my target...one piece of good news is all it'll take. stocks like these go down forever then do a 500% or 1000% move...then it's over for a while till a trend can be established...right now its down.
MADE MY CALL...I DON'T THINK THEY CARED TOO MUCH...WE'LL SEE
AND VOLUME DRIED UP TILL THE TRANSFERS GET POSTED...AT LEAST THE BID'S UP
RANGE:
2004: $1.00 - $0.094
2005: $0.30 - $0.022
2006: $0.08 - $0.003
2007: $0.016 - $0.002
bASED ON MID RANGE TRADING WE ARE AT A GREAT ENTRY POINT
RIGHT CLOSING ON NEW AND EXSISTING MORTG'S AND REFI'S
WE ARE BEING PUNISHE BY ASSOCIATION...THIS IS A WINNER EVENTUALLY...KEEP YOUR WITS ABOUT YOU AND LOOK OUT 3 TO 6 MONTHS
i LIKE YOUR # BETTER...THANKS
our avg daily dollar volume is around $10,000
1% of mkt cap moving mkt cap down 75% in the last few weeks.
could be bad, but could be good. I think Q2 earnings will be the death of naked shorts...we HAVE to make some earnings per share Mikey.
DON"T blow it, now is your chance...I hope that's why you did the split, to double their pain.
God Bless
let us know...good luck at the tables!
what have we got sucked into..enjoy
is it .009 or what?
excuse me...I am talking out loud because I want this to go up.
Therapy you know
book is .003
they buy 632 million or the float at the market, a firm ask price, till they have it then go private. at these prices, why stay public....could be good for us
we get the tender price period
that would slaugther the shorts who now have 2 X the # of shares they had before...interesting if that was MB's strategy
the next acquisition sfnn makes
might take it private at these prices
the 1 mill spent on the last buy out could have been used to go private
I would say They could go private for about .006 pps
home builders, ITB, is making fresh 2 year lows now
Ooooo...I am scared...trading $10 trades now
yahoo has our book value at .003...I guess it's going up from here
NITE's ASK is at .004
he always is the target to watch...he traded it at 10k all the way down
a seeking alpha blog worth reading.....
In early 2006, the number of real state agents in the US hit an all time high. Filled with sugar plum visions of real estate riches, potential agent flooded the market to get in on the action. This, of course, signaled the top of the market and real estate values (and the number of active agents) have plummeted since.
So where are we at today? Housing. It has to be near a bottom. I cannot pick up a newspaper, watch TV or go anywhere with hearing about the "awful" real estate market. Yesterday I was in BJ's (NYSE: BJ - News) and heard a conversation between a 70-year-old woman who I was behind in line and the kid at the checkout. They, of course, were chatting about housing as he rang up her groceries and throwing around terms like "subprime mortgage meltdown" and "foreclosure rate." When it was my turn to check out, I asked "what is a subprime mortgage"? The reply came with a look that could only imply I was quite possibly to dumbest person on the face of the earth. He said "it's a mortgage that is not prime."
Right . . . smells like a bottom to me.
Is it today? Tomorrow? Next month? Who knows, but it is near. How to play it? Home builders are a tough one. Valuing individual companies gets into a lot of guesswork based on the value of their landholding and the demographics of the region in which they do business. Also, they may make a sale today that gets canceled in three months that causes an earnings outlook revision.
If investing here, I would look at the iShares Dow Jones US Home Construction ETF (NYSE: ITB - News) that began trading in May 2006 (another sign of the top) and is currently down 35% since it started. The index is a free-float adjusted market capitalization-weighted index.
It measures the performance of the home construction sector of the United States equity market and includes companies that are constructors of residential homes, including manufacturers of mobile and pre-fabricated homes. It will give you exposure to the whole housing market and avoid the individual companies' potential pitfalls.
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who is the dumbass who sold at .39?
and find out when q2 is anncnd
A very scary site talking about naked shorting
http://www.businessjive.com/nss/darkside.html
CEO is doing all the right things.
Except the split (WT Hell?!?). look at all the acquisitions at albeit low prices to build sales and market penatration.
It's just going to take this sub prime crap to leave the headlines...the housing stocks turned up 2% (SFNN usually moves up 50% on that kind of move) today but that isn't really a driving factor as much as stable rates to let people refi loans and buy more houses.
I was in Vegas a couple of weeks ago. SFNN is based there. The place WHOLE CITY is under contstruction like I've never seen.
10,000 people move there each month and most come with $$ and buy houses. SFNN will (quote me) never do anything but make more money in the years to come under this type of economy.
Just the business in vegas should keep them moving forward and the cheap buys their making to gather other regional business is the icing.
Once the naked shorts are slaughtered in weeks not months, we should all go there and throw a party for ourselves...we will be as they say rich
nite probably has some rookie who's trying to make a name for him/herself.
I hope our calls help
A Litle Secret to Share.
Look at ITB (Home Build ETF) and put it on top of SFNN.
Right now ITB is smoking, suggesting an important bottom to all this BS that's been plastered all over the news that our freind the MM is taking advantage of...this is a .02 to .06 cent stock. just hold it
think. $ volume is only around $10 k per day.
peanuts moving the mkt cap from $3 mill to $1 mill.
It's smoke and mirrors
we are a buyout candidate now
we are worth as much as we paid for the latest aquisition
nowhere but up...double up
Trading like Chapert 11.
This company is not going out of business like the price decline suggests, that I know of.
I am closing my eyes till the sellers go away...this is a growing company and a great buy.
we don't do 25 mil a day...u have to buy 200k shares or 500k a fill.
maybe you can fill it before the years out
I don't think market orders are allowed on stuff this low
I guess the world is ending
4 us