InvestorsHub Logo
Followers 85
Posts 314
Boards Moderated 0
Alias Born 06/20/2020

Re: None

Sunday, 09/06/2020 4:56:05 PM

Sunday, September 06, 2020 4:56:05 PM

Post# of 21503
"Home Builder sentiment reached the highest level on record . . Home Building has been great." -
@realDonaldTrump

https://twitter.com/UncleBillyMoney/status/1302009844082319360?s=20

$XTRM North Star Homes Quick DD:

*22 Homes Built/Sold w/ 8 More Under Construction 2020 (company took care of business and got it done during the pandemic - much growth ahead)

* Finalized contracts for 3 subdivisions for 2021. These are community builds collectively worth $30-35 Million (low estimate)

* Cirrus Pointe, Caldwell Project - 214 Lots x Homes Starting in the $300,000s = minimum $64,000,000 and likely more than $100,000,000 in gross revenue. Went under contract July 16 and closes in the Fall. Company PR: "We will have a huge announcement in the Fall on a 214 lot starter homes plat in Caldwell with homes from the low $300,000s"

* Sept. 2nd @XTRMBIO Tweets about a project worth minimum $10,000,000: "North Star Homes is excited to announce a new project coming in the Spring 2021 LUPINE COVE a 25 lot plat in west Meridian with homes staring in the mid $400,000.00’s . Meridian is one of the fastest growing cities in the country. $XTRM"

* The Tweet caused a 113% increase in share price and $1.5M dollar volume for the day. I wonder what will happen when they tweet about Cirrus Pointe? Or release the 10K, etc.

* XTRM 10K due on Sept. 28 but Company Tweeted that they're going to get it out early so I'll be on alert and refreshing OTC home page

* Company has also indicated interest in uplisting to OTCQB (which requires .01+ for at least 30 days so I doubt will go back under .01 again after last week and all the catalysts coming).

* There is a major home building boom in Boise, ID area. Home Builders are in demand. Demand is at all time highs/supply of homes is at all time lows. Prices are increasing (11.7% in July). Here's a link to an incredible local news series called "GROWING IDAHO"


Seeing the progress North Star Homes has made in such a short time period (they were only acquired in late November 2019), the news series showing the construction equipment/empty plats ready to be built on/homes being built, and learning about the supply/demand factors in the area leads me to conclude that I will not even consider selling a single share until we're past a DIME.

After we hit DIME, it is likely the projections/progress will lead to a much higher price target so I'll likely continue to hold.

Having discipline and actually locking up your shares will be rewarded in the not to distant future. Flippers are going to be upset IMO. Too many huge moves to be made to be thinking about selling at these levels. I'm going to continue averaging up and getting as many shares as humanly possible.