ERFB - ERF Wireless, Inc. (OTCBB Stock)

[Evil-Eye]

I had seen a thread for this on the old board. It bottomed around .10 back in May. It shot to .20 then sold off back to .10 then started its climb again.

It shot to about .44 on 6/28. Pulled back to .36 eod today.

There was a recent pipe. As much as I know about pipes it isn't too toxic. Please do your own DD.

I like it's story also. Recent news is starting to create some activity. I found it off an insider buy that turned out to be stock compensation. It worked out despite myself.

Company Website

[Evil-Eye]

The stock has been moving up a little. Here are the quick facts.

The company has a little over 35 Mil shares out. The company's strong point seems to be the banking segment which provides wireless communication services to banks. Instead of banks using land lines they use encrypted wireless broadband. ERFW is targeting areas were Katrina and the other Hurricanes hit. They had a bank customer in the area when one hit and the down time was considerable shorter. They also assist banks in electronic transmittal of checks from the branch to the ops center along with other transactional data.

http://www.securityinfowatch.com/art...iteSection=340

Some down sides: A recent PIPE for a credit line. 93% of market value based on an average share price. The head of the company had something to do with Eagle Broadband and is not well liked by the investors. Apparently they don't think he did such a great job.

http://www.sec.gov/Archives/edgar/da...sb2-062707.txt

The speculative angle: It seems that Motorola has an interest in this company.

http://findarticles.com/p/articles/m...2/ai_n16834058


http://www.erfwireless.com/

http://stockcharts.com/charts/gallery.html?ERFW

[Evil-Eye]

More news.....

ERF Wireless Anticipates Over $130 Million from WISP Services in Louisiana


http://biz.yahoo.com/bw/070717/20070717005859.html?.v=1

http://stockcharts.com/h-sc/ui?s=erfw

[Doc Holliday]

this was a nice call, Evil-Eye ... closed at .90 yesterday, up +45%

[Evil-Eye]

Originally Posted by Doc Holliday

this was a nice call, Evil-Eye ... closed at .90 yesterday, up +45%

Thanks, the only problem was I didn't buy enough. I am up 500% since the middle of June. I been waiting for a pull back to add but it hasn't pulled back yet.

I think this was over looked on this board because of all the attention on TDCP.

[Aufan 1983]

Originally Posted by Evil-Eye

Thanks, the only problem was I didn't buy enough. I am up 500% since the middle of June. I been waiting for a pull back to add but it hasn't pulled back yet.

I think this was over looked on this board because of all the attention on TDCP.

Very, Very Nice!!!! Great play!!!!

[Aufan 1983]

Originally Posted by Evil-Eye

Thanks, the only problem was I didn't buy enough. I am up 500% since the middle of June. I been waiting for a pull back to add but it hasn't pulled back yet.

I think this was over looked on this board because of all the attention on TDCP.

Yet another super solid day. I bought a couple thousand today on the pullback @ .90 Closed @ 1.10 so thats a quick 400.00 smackers. I don't know how much more it will run but so far it just keeps on keeping on...lol

Again Nice Find!!!!!

[Evil-Eye]

Originally Posted by Aufan 1983

Yet another super solid day. I bought a couple thousand today on the pullback @ .90 Closed @ 1.10 so thats a quick 400.00 smackers. I don't know how much more it will run but so far it just keeps on keeping on...lol

Again Nice Find!!!!!

Thats been my problem the whole way up. I have never had one like this....I had agen pop 50% but it came down as fast as it went up. It blew me out with at trailing stop only to go up another 50% with out me. This I have held. I have a sneaky suspicion about the buying here. If you look back over a few years in the charts you will see two huge runs. One to about $10 and another to around $8. It has some strong points to it's fundamental story with the broadband data capabilities and transmitting bank transaction data. That is added to it's main strength of less down time for the bank after a Hurricane. I worked for a bank during a heavy snow storm. The branches were closed for just a few days and the business customers were not happy. After Katrina they had banks that were not up for weeks. That is their main segment. They could expand to brokerages. I worked for a brokerage during an ice storm in Detroit. It's not fun running order tickets up and down stairs to the back up trading room.

[Aufan 1983]

Another gap up this morning!!!! Lets roll

[Aufan 1983]

Added another 1000 this morning @ 1.12.

This is turning into a monster. Its way overbought but continues to climb. Folks if nothing else add it to your streamer and keep an eye on it.