This little piggy cried wee, all the way to the bank!
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EXPU has a history of dropping briefly on news before rising to new higher support levels. That's the way it just is, people like to buy on the rumors and sell on the news. Since we have some news today, plenty of people will want to sell on the news. That's short-sighted, but OK with me - a man's got to eat.
We are just as likely to hover around the .09 mark as we are to gap up or down, until we get a good (and expected) earnings growth PR, which should be enough to cause this to gap up again.
Fundamentals always win. We've got strong earnings growth in motion here, and gaining momentum. As long as they don't decide to dilute this thing down into the ground (i.e. overload the market for expansion capital), we should be golden.
Bal Harbour PR vs. Re/max PR
Bal Harbour is an exclusive community. The average resident (&/or those aspiring to be one) is 55, already retired or semi-retired, yet still making close to $60k/yr in earnings (demographics per wikipedia's Bal Harbour entry).
Our new Expert Group storefront will be next-door to the Turnberry and Coldwell/Banker agencies -- basically the Bentley and Jaguar of South Florida real estate. Expert apparently has a good working relationship with Turnberry per the Aventura Mall location, and is now looking to do much more work with their friends at Coldwell/Banker.
By comparison, Re/max is the General Motors of real estate. Yea, pretty good name recognition, but the bulk of their sales is cheaper entry-level stuff.
Go to Remax's website and look up their affiliates in the Miami/Dade area, there are four Re/max affiliated agents listed, and half of those also have a Coldwell/Banker tie-in.
From remax.com --
Miami/Dade agents:
Griffiths, Karrie / Coldwell Banker Residential Real Estate, Inc.
Noethen, Grace / RE/MAX Advantage Plus
Riley, Rebecca / Florida Equities
Singer,Timothy/Tim Singer & Associates/Coldwell Banker Residential Real Estate, Inc.
(IMO) The Re/max deal is not as big a story as the new Bal Harbour location. I believe the CEO is of the same opinion. The new location should do more than bump profits by 50%, our first two locations are in somewhat less ritzy areas over in Aventura, on the mainland. The average financing deal made in Bal Harbour is likely going to be a jumbo mortgage for A LOT more money. Meaning, Bal Harbour is going to be the tasty gravy on top of our Aventura meat and potatoes.
But that's just me, do you own due diligence...
Also don't forget http://www.expertcreditfixusa.com/
As I see it, they've put this new entity into place not so much as a profit center, but as a way to get a higher percentage of their loan originations approved. (it will be interesting when they finally do report earnings/expenses for the credit-fix arm)
Where some other typical broker/lender might kick a bad credit score out to the curb, Expert will take them by the hand and lead them out of the woods, into a successful home purchase (for a fee of course).
OK, that link is for Expert Financing Inc. Page down a little further and find EXPERT FINANCING & INVESTMENTS INC., which is also our company by the looks of it. They also list an Expert Group Inc. in FL but it looks like that one folded in 1999 or 2000.
I'd have to guess that Expert Financing Inc, Expert Financing and Investments Inc, et al, are wholly owned subsidiaries of the Nevada-incorporated Expert Group Inc. a.k.a. our EXPU.
Thoughts?
You won't find them listed as a FL business, they are a Nevada corporation.
EXPU is listed as being in default by Nevada SOS, for something simple like being late on submitting a list of their corporate officers. As a result, the general info listed by NV SOS is woefully outdated, for example they are listed as having 2 billion shares out, but this is not true, as confirmed by the company's agent of record.
Perhaps my biggest gripe with this company: the fee to update this info with the state is only $1000.
I have no idea why Mr. Rico refuses to update the information. Seems $1000 is a trivial expense to allay the doubts and fears of so many potential investors like yourself just trying to do their due diligence on this company.
IMOHO -- don't think we will ever get to see how high this can really fly without getting that corporate info updated in NV.
I've personally tried several times via email, requesting that Mr. Rico update the Nevada SOS info. I never did get any response from him.
I've been long here since May and have done well enough (avg. is .059/sh) but I just can't understand why Mr. Rico does not care about being listed as in default with his company's state of incorporation... Perhaps some of you on better speaking terms with the man can give him a gentle nudge in that direction so we can make new people here a little more confident about the company? //
LYSCF on radar for bounce play
HUGE PR coming after close?
see http://twitter.com/expertgroup
CEO promises to include updated info on:
1. ReMax deal(s) - Rico's plural, not mine.
2. Third storefront in uber ritzy Bal Harbour area.
3. Mysterious JV with famous developer having "a movie star name"?
4. "The biggest move we've made to date in our growth plan"
Time to pop some popcorn.
8/31/09 close @ .042 ... think here folks, just a little shake rattle & roll going on... i.e., correction, consolidation, then on to another new high.
IWEB growing big ones in the rumor mill
VSTN outa here! boomer
VSTN breaking out
IWEB lookin' hot today
All aboard! Only a few <.10 seats left...
3-month chart just a thing of beauty...
Commentary @ americanbulls.com - Our system posted a HOLD today. The previous BUY recommendation was issued on 08.25.2009 (21) days ago, when the stock price was 0.0380. Since then EXPU has gained 110.26%.
Well said Ichi. EXPU will continue to test predictable support and resistance levels as it forges its way up to a *realistic* market value--which most here have been saying should be .15 to .30 in the very near term, and much higher as needed origination staff is added.
IMO, and despite recent MM gaming, UP is the only direction any sane person could possibly predict for EXPU in the near term. The fact that Expert survived and actually thrived throughout the recent South Florida real estate implosion, and is now experiencing exponential growth, speaks wonders about this company's future!
Wow, sellers today must be legally brain-dead.
WRES nice bounce, wtf
CDE -> heigh-ho SILVER!
Last 20 days 6 new highs x 2 new lows. This stock is volatile, but channeling upward in very bullish fashion. Our support level continues to climb, if that helps allay anyone's uncertainty.
From a purely TA standpoint resistance @ .088~.096 is possible, but we are looking VERY bullish here as of late, and with today's news, our new support level should be at least 6~7.
At this point, a bunch of shares are now in fairly strong hands, and our company's fundamentals appear to be in good enough shape to carry share price much farther north at what is hopefully going to be a nice steady pace, i.e. without all the inherent volatility the flippers have created here in the recent past.
EXPU so thin...8s up @ HOD
COIN what? !!!!
UNG strong
UNG going strong & steady today.
Must flush out latest batch of news-flippers and get shares back into strong hands for clear sailing into the teens and beyond.
EXPU --> bustin' out, U snooz, U looz.
EXPU --> bustin' out, U snooz, U looz.
EXPU +28% --> volume alert @ low floater
EXPU +20% --> volume alert @ low floater
EXPU finally getting some (overdue) love.
Bid going up, shares are in STRONG hands!
FRGY Golden Cross-> needz lil help w/ volume
annot. chart by JorgeyB:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41058334
FRGY -> Golden Cross?
Decent accumulation again, trend seems to be, buyers creating steady upward pressure thru the day after morning dumps are taken.
Strange stuff here today; took over two hours for VERY small 13 order to fill on a 14 ask and then not even 1 minute later nearly one million shares changes hands at 12, in just one trade? Starting to think a bunch of senseless moon-bats own this stock (and I've joined their ranks, lol)
edit: ...and right back up to 14 now, with no stop at 13.
13s must be gone, last ones filled at 13:36.
Congrats to whoever bagged those firesale 10s at the low today!
re: Best of South Florida
We might be able to watch the show, live or streamed, here:
http://southflorida.sun-sentinel.com/live/
WSFL-TV is Miami-Fort Lauderdale's network, programming a strong schedule of entertainment, local news, and public affairs programming. WSFL-TV's signal reaches 1,536,020 South Florida television households representing more than 4 million people. The station reaches 1,061,114 cable households in Miami-Dade, Broward and Monroe counties, plus extends into 196,500 West Palm Beach cable households.
Investors are seeing Frontier as a potentially great leverage point for a Nat Gas pricing recovery -- check out the most recent (as of this post) Nymex Nat Gas futures settlements:
8/27/2009 Session Overview
Sep 2009 2.795
Oct 2009 3.189
Nov 2009 4.180
Dec 2009 5.030
While the daily *trend* is (incredibly) still heading downward, everyone playing NG futures at this point is thinking a reversal is *inevitable*, and that prices should almost double within the next 4 months.
This bodes very well for small aggressive players like Frontier!