3SOF

Can anyone explain why the very slow movement for the last half hour, when things were speeding along nicely all morning? What exactly is going on when this happens? There was higher volumne so far today, then all of yesterday.

thanks,
julia

In the opinion of a true newbie, it's because I got involved.

My track record is unbelievable.

HI kressad...that's hilarious that u say that....i myself have a talent for picking a stocks high price of the day, just to watch it suddenly reverse itself literally moments after i've purchased it.
I've also had a very bad month and trying desperatley to recover from crippling stocks.

good luck to you...to us!

julia

Momentum is slowing down a little, and there is more selling going on than there was this morning.(probably some day-traders, the bastards  )

I don't think this is going to make 300% today 

But, that does not mean it won't rise tomorrow another 80% 

I am considering taking my investment off the table today, and keeping the free shares for the next couple days.  I have been burned too many times.  (I invested 5% of my portfolio in this stock today)

bought in at .008 a few days ago.

bought more today. 

company announced spin offs and is buying back shares

newbie, but this looks really good to me.

Strong support at 0.031. Could not buy more at 0.03.

Lets see whats in store for EPYH tomorrow.

 

Empyrean Holdings Plans $3 Million Lake of the Ozarks Development
Wednesday June 22, 9:35 am ET


HOUSTON--(BUSINESS WIRE)--June 22, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company, plans to purchase 300 acres of prime lakeside property near Camdenton, Missouri, in the world-famous Lake of the Ozarks vacation area. The property is a prime candidate for a four-star resort development in one of the most frequented vacation areas in the country.
CEO Robert L. Lee reports, "Located in the fastest-growing region in Missouri, the site spans 3,300 ft. of frontage along The Lake of the Ozarks, which is one of the world's largest man-made lakes. It has convenient access to Highway 5 and is only a two and one-half hour drive from the prosperous cities of Kansas City and St Louis. We intend to create a resort community complete with a comprehensive portfolio of four-star amenities. Though uncertain at this early stage, we may include picnic areas, small town homes, timeshares, and rental properties in the development. We anticipate that Phase 1 of the project should require about a $3 million investment."

Empyrean Holdings is also currently working on furthering its joint venture plans with a national construction company, United Construction Group LLC. Company management has extensive experience in single and multi-family homes, condominiums, commercial developments, and renovations. The joint venture has already embarked on a $10 million project in Wisconsin and a $5 million project in Southern California.

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Ok, so la-onda....do u think this news will bring it to over .04 this monring or sometime today...wondering if i should sell asap upon opening for fear it will go and hold below .032.
Do you have any advice?

thanks very much,

julia

 

i hope the stock price will be up again.....

Ouch, getting killed here today.  So much for yesterday's profits.

thanks la-onda...yes, me too..but, this opening wasnt very reassuring...now at .025...do u think it will move up again...was this just the morning drop?
Should i be panicking?

thanks very much,

julia

Remember,

Yesterday was up 80%  Most of the time, stocks correct after such a huge jump.
It's probably going back above .03 today.

Don't be impulsive and sell in panic.  Inevitably when you do, the stock goes higher right after you sell.  Sell only when you think your reason for buying was wrong.

I think it's going to reach $.04 again. 

Quote from: Loffigus on June 23, 2005, 10:04:08 AM
Remember,

Yesterday was up 80% Most of the time, stocks correct after such a huge jump.
It's probably going back above .03 today.

Don't be impulsive and sell in panic. Inevitably when you do, the stock goes higher right after you sell. Sell only when you think your reason for buying was wrong.

Thanks Loffigus....ur comments are very reassuring, and yes i've sold in panic several times before only to see the price go up soon after. I will hold out for a better price.
Appreciate your advice.

good luck to all of us!


thanks very much
julia

Empyrean Holdings Inc. Increases Stock Buy Back Plan to $1 Million
Friday June 24, 9:30 am ET

HOUSTON--(BUSINESS WIRE)--June 24, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding firm, has announced that it will increase its stock buy back plan to allow a total of $1 million worth of the company's outstanding common shares. The shares will be returned to treasury in an effort to strengthen the company's balance sheet and reduce its overall cost of capital long-term.

CEO Robert L. Lee confirmed, "Despite the recent increase in the share price we believe that Empyrean's stock remains undervalued. Our management team still holds the view that our company stock is an exceptional investment especially in consideration of the projects that we have initiated. We have a significant amount of confidence in our development team, the viability of our corporate structure, and our long-term profit potential. We also firmly believe in hard assets and high income-generating real estate is going to be the primary focus of our future growth."

Empyrean will continue to carry out the purchases over the next several months either on the open market or through private transactions. Depending on market conditions and other factors, these purchases may be suspended or commenced at any time without prior notice.

Hi,

Is that good or bad news ? Any chance of the stock going up today still ? I am in at 0.029 since yesterday and getting worried.