SFNN.OB.......when will it explode ???

[D&Data]

WOW, mentioned early yesterday afternoon...watch EOD !!!   

up 162 %  

++++Id...

[gmarc66]

Wow...i had my eye on this one for awhile now. It did not end up being a technical g-pattern set up, as it took too long, and dropped too much after initial run up. BUT....yesterday it did run like a beautiful g-spot breakout

I saw the 11 am news come in and waited to see if it would break the .024 which it did, that was a res. point for the last little while. Then on the pullback, i bought back in at .022....but i sold it way way too early...just took a tiny little profit only to see it sky rocket..what a pretty run. I thought for sure the highest it would go was .04...boy way i wrong...anyway i sold way before that .04 hit

Hope alot of people made bank on this one, i know many were waiting on it to make its move.

glta

julia

[52 windsor deluxe]

ask ....very thin.............last call....!!!!!!!!!!!!!!!

[52 windsor deluxe]

.03....are gone...next .....04....before the next leg up......don't chase later

[52 windsor deluxe]

moving up slowly as to not make a fuss...........closed at .04 yesterday......03...gone

[waxweazle]

chart looks ready

[Dracull]

Bough a few just to see where it goes, if it doesn't breakt between today and wednesday, I 'll bail out.

[kidneydr]

Looking interesting again

[D&Data]

nice reminder :

* SFNN's Market cap today is $7.54M
* The company's net worth is over $48M
* Revenue for 3Q over $10.2M
* Total assets owned as of 30 Sept 06 = $84,433,397
* For every $100 million of acquired loan volume, Shearson receives $100,000 per month in incremental revenue = $1.2 million per year 50% falls to bottom line

* Mortgage loan pipeline is now $213 Million (As of Oct 11). Typically, the Company will close 50% of its open pipeline in any 30-day period. The Company typically earns revenue between 3% to 5% on loans it closes from its pipeline. (If my math is correct they receive roughly $3 to $5 Million every thirty days.)

* Company projects growth of 100% annually.
* A/S 500,000,000...O/S 290,000,000...Float 96M

Regarding SFNN - $63,000,000 in Revenues for 2005 generated by their recent acquisitions: (Allstate Funding, eHome and RPT)


Allstate Funding = 24 million + in Revenues for 2005

Real Property Technologies Corp. = approximately $24 million for fiscal year 2005

eHome CreditCorp- reported revenues of approximately $14 million for fiscal year 2005

Add that to SFNN's own 6.8m in revenues for 2005 and you come up with about 69.8m dollars or 17.45m dollars a Q if everything is spread evenly and if they are able to generate the same type of revenues again......

Housing Market is beginning to turnaround; should be a banner 2007 for SFNN.

Earnings Per Share=.04 for last nine months

http://biz.yahoo.com/iw/061122/0187670.html
http://biz.yahoo.com/iw/061018/0173885.html
http://biz.yahoo.com/iw/061011/0171580.html

[D&Data]

Keep an eye on SFNN....There could have some news around the corner...BUT
If it doesn't go up to break the sup.line...here is  critical state and is about to breakdown ...or 
Watch the chart...

[D&Data]

GOOd NEWS !!! (it was about time !)

Shearson Home Loans Enters Into a Joint Venture With Stinson Financial
Thursday March 8, 12:40 pm ET


LAS VEGAS, NV--(MARKET WIRE)--Mar 8, 2007 -- Shearson Financial Network Inc. (OTC BB:SFNN.OB - News) reports that its subsidiary, Shearson Home Loans, has entered into a joint venture agreement with Stinson Financial, a mortgage banking company based in San Diego, California. The agreement enables Stinson's 30-branch loan origination platform to operate within Shearson Home Loans mortgage banking infrastructure.
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Chairman & CEO Michael A. Barron said, "We continue to seek to improve, and expand our loan operations by such opportunities as being presented here. The presence of a strong southern California regional player such as Stinson gives our network a broader reach into the market. Our partner, Harry Dennis President of Stinson Financial, is a twenty-year veteran in mortgage banking who has successfully increased loan production levels beyond market expectations throughout his career. We believe this venture provides a great opportunity for revenue growth in the coming years."

About Shearson Home Loans

Shearson Home Loans is a provider of residential mortgages licensed to do business in 34 states. The company is a consolidator of independent mortgage brokerages. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonhomeloans.com.

[D&Data]

UP 78%....and not finished !!!!!!
LAS VEGAS, NV, Apr 12, 2007 Shearson Financial Network,


SFNN announces that the company recorded earnings for the year ended December 31, 2006 of $2.8 million, as reported on Form 10-K, filed with the SEC today. 

[Little Joe]

Target .075$

The value of Assets held by SFNN increased to $30.6 million for the year ended December 31, 2006 from $4.4 million in 2005, an increase of 590%

[D&Data]

LJ , PACI-->I Forgot this on Friday :

Shearson Home Loans Branch Grows Loan Volume Amid Industry Woes

LAS VEGAS, NV, Apr 13, 2007 (MARKET WIRE via COMTEX) -- Shearson Financial Network, Inc. (OTCBB: SFNN) www.sfnncorp.com, announced today that its wholly owned subsidiary, Shearson Home Loans www.shearsonhomeloans.com has set a year-to-date loan volume origination record for the Irvine, California based operations center of the company. Shearson Home Loans has generated loan volume in its banking loan pipeline of $44 million for the period ended April 10, 2007. The performance figures represent an increase of over 140% growth in loan volume over last year. The Company recently opened the Irvine operations center and despite industry woes, has continued to increase loan production submitted to its banking division.

"We are pleased that the Company has continued to grow during the competitive mortgage market here in the Irvine area," stated Doug Lawrence, President of Shearson Home Loans. "Our management team here has undertaken an aggressive growth plan and we are seeing great results."

"Their progress continues to underscore that Shearson Home Loans has maintained a steady and conservative governance which has allowed us to avoid issues that other companies in the industry are now experiencing," said Michael Barron, CEO of the parent company. "We have consistently stayed away from the sub-prime sector and have chosen to bank only about 20% of our total volume. This strategy has allowed the company to avoid the pitfalls of financing sub-standard credit and therefore avoid the risks as well. We believe this strategy is key to our current profitability and future plans," stated Barron.

[Little Joe]

http://shearsonfinancialnetwork.com/financialperformance.html 

Major SFNN announcement soon?

Anyone care to speculate if this is a Job Opening from STINSON and whether the comments have any thing to do with SFNN>?>?>

I have a feeling this is Stinson and a merger with SFNN is in the works... that would be MONSTRASOROUS

http://sandiego.craigslist.org/acc/311435700.html

Senior Accountant- TOP RATED COMPANY GOING PUBLIC
Reply to: [email protected]
Date: 2007-04-13, 3:29PM PDT

One of San Diego's most prestigious companies getting ready to go public seeks a Senior Accountant for their rapidly growing team. This position will basically act as a Mini-Controller for their Mortgage Subidiary. (GL's, Financial Statements, process improvement,etc). Additionally this individual will have the opportunity to get involved in many special projects- Mergers&Acquisitions, integration, process improvement, etc. The ideal candidate will have a degree in Accounting and a minimum of 3 progressive years experience in a fast paced accounting department. CPA preferred but not required.


BTW Stinson is referred to as SAN DIEGO'S MOST PRESTIGIOUS MORTGAGE COMPANY ....