Penny Pick: EPYH.OB

[Loffigus]

So much good news with this stock, if what they are saying is true, then this could be a very good investment.  I can see this stock reaching $.07 to $.10 in the near tearm just based on the news.  Long term you could probably turn this into an investment.
I am not sure why this stock used to trade at $500 a share...  anyone know the history of this company?  I am having a hard time finding anything about them.

[atalltexan]

Looking for a pullback entry point.  Any thoughts ?

[J.Livermore]

Looking for a pullback entry point.  Any thoughts ?

You just had one 

[atalltexan]

Looking for a pullback entry point.  Any thoughts ?

You just had one 

Not so sure.  It is still falling.  Some technical input would be good.

[vic666]

what do u guys think...0.045 seemd like strong resistance all afternoon 

IMO, the best part is, we broke free from multi-month resistance at 0.04, and tested 0.05 and a little beyond without much fanfare...lots of volume from 0.04-0.05

technicals show we just touched RSI 70 level...which tells me there is more room to go for this baby...like a quick blast to 0.075 or 0.08

also, I see no real resistance up from this level to the 0.10 area...am I missing something?

the stochastics also seem to support an intact uptrend for now.

[la-onda]

 
Empyrean Holdings, Inc. Reaches Development Portfolio of $50 Million

Friday , July 01, 2005 09:28 ET

HOUSTON, Jul 01, 2005 (BUSINESS WIRE) --Though only halfway through fiscal 2005, Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding company, has already had a phenomenally productive year. Since its initial acquisition of Tradewinds International Corp. a few months ago, Empyrean has established a diverse portfolio of development projects totaling nearly $50 million and has initiated several strategic relationships that is giving the company a significant competitive edge in several markets.

Earlier this year Empyrean initiated an aggressive Business Development Plan focused on developing a portfolio of hard real estate assets whose core characteristic was high anticipated income and 3-year appreciation potential. As a result of its activities, the company has become involved in over $50 million in projects in California, Florida, Wisconsin and Missouri and continues to analyze additional opportunities. Profiles of their projects will appear on Empyrean's website within a few weeks.

CEO Robert L. Lee is delighted, "Our company is doing phenomenally well. So far this year, we have located a corporate office location in Houston, opened satellite offices in Florida and California, and engaged in several strategic relationships with construction, property management, and real estate and mortgage companies. Our relationship with United Construction Group is proving to be an outstanding arrangement as we are getting the ability to participate in a prime selection of UCG's current and upcoming projects as an insider and could not ask for a better opportunity. This gives us the ability to cherry-pick the projects that we feel have the greatest profit potential while not incurring all of the traditional development risk. There is much more to come, we are only half-way through the year and only half-way through the initial stage of our plan. Things are going so well that we are expanding our horizons further and are extremely confident that our shareholders are going to be as excited as we are with what's to come."



http://www.knobias.com/individual/public/news.htm?eid=3.1.52a7afd7477313ac02cf94c3bba0587be8e5d6e5e58dc4eb10e958b2f00a796a

[OhadOnFire]

Hi All!!!

Any thought about this stock?

Thanks,
Ohad

[stocky]

Long EPYH.

[Loffigus]

The company is buying back stock, and starting multi-million dollar real-estate development projects, so the potential for this stock is great.   I expect that if things go well for them, this could run up to at least $0.10 in the short term, and long term -- who knows, $1 may be a realistic possibility someday.  But for now, I have been trading peaks and valleys and just trying to hang on to shares at this price in case they have another run up.

[stocky]

Doubled on pullback.

[Loffigus]

Added more at $.033 also.

[lojze]

My humble opinion:

Penny stocks are very dangerous, if a trader is relative newbie. When they start to go down, a newbie is prone to buying more and telling to himself, that their buy is OK, that the stock is not able to fall more. Maybe sometimes, but not now...

Be cautious ....

[stocky]

Good point. What I do is to buy only 1/3 or 1/2 of the regular value that I will buy if NSDAQ or AMEX stocks. Then add on based on my perception and market reaction. Averaging down is not a good strategy, however, you can use it if you have planned it earlier by starting with half or smaller positions. And the exit strategy must accompany all trades

[la-onda]

Empyrean Holdings, Inc. Commits to $70 Million Orlando Development
Thursday July 7, 9:35 am ET


HOUSTON--(BUSINESS WIRE)--July 7, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company announced today that it has committed to a $70 million real estate development in one of the hottest tourist areas in the country - Orlando, Florida. Recently through several key relationships that the company has in the Orlando market with several large property owners, management was able to arrange participation in the pending property purchase and maintain development rights.
The company is currently analyzing the best utilization to maximize profit potential but is confident that the property will be used for timeshare condos due to its favorable location within 1/2 mile of one of the largest theme parks in the area. Management anticipates selling a large amount of the unit participation to the European market specifically due to the very favorable exchange rate for European investors and the entertainment value that the major theme parks in Florida represent.

CEO Robert L. Lee stated, "Anyone who knows real estate knows that southern Florida has been one of the fastest appreciating markets in the country in recent years. Orlando, which is situated in central Florida has also been directly affected by this trend and it is anticipated by real estate professionals this will continue for several years to come. We are committed to increasing shareholder value and feel that we have found a significantly undervalued property. Due to the financial structures that can be utilized for this type of development, we also anticipate that this project will self capitalize a significant portion of the development costs. This will assist to limit the financial impact the project will have on Empyrean and allow it to become a very profitable endeavor for the company."

[Loffigus]

More good news, should run up to $.04 again today.