dfreder371

Sorry for the first post. Keystroke error.

First, realize I am a 26 year experienced pilot and a CFI, so I understand flying pretty well. Flying is very costly. Check these guys out. www.utiliticraft.com If you have to add flash, do it, worth it.

Today these guys opened at $1.55, and today they closed at $2.55. That is up a lot. I am buying at least 1,000 shares tomorrow.

This is a new, start up company, and it is considered a penny stock, so high risk is involved.

The product is a new, twin engined turboprop that is optomized to carry aircraft styled, five sided pentagon containers that fit aircraft that are operated like in the 727, 737, DC-9, etc, WITHOUT unloading of the container. The objective is to unload the container from, say, a 737 and put it directly in the Utilicraft 1080, which has yet to fly. But the idea has immense promise. No passengers are allowed.

Present practice, and I will use local values here, is that when a UPS jetliner lands at O'hare, the cargo pentagons are broken down, and the individual boxes and such are loaded into expensive jet aircraft like a falcon 20, BAE 125, etc, which are designed to carry passengers, not freight, with their round fuselages. Entire containers are loaded into the Utilicraft 1080, and flown to very small airports like Belvidere, Il, Peoria, etc.

For a company that has yet to produce an airplane, they have an order for 234 million$, and comittments for 2.85 BILLION! That puts it at one third the worth of an industrial giant like ITW.

The stock splits 2 for one on Monday, June 28. Assuming that the price today splits down to $1.275, the forcast is to be in the $6.00 to $7.50 range in 60 days. The aircraft is of a high aspect ratio design, meaning it has STOL capabilities (Short Takeoff and Landing).

A consortium of asian airlines are mulling over a group purchase of 2000 planes.

I'm going for it! My last speculation, XYBR, made me 107%, and I think this will be a better deal by far. Symbol: AMUC.PK

No guts. No glory.

CrockPot

their website is www.utilicraft.com.

dfreder371

I did buy 1,000 shares today around 1:00. Wish I would have bought it at the open when it was $2.55. I paid $3.03 per share, close today was $3.10.

Here is how I account for these things. Pretty easy if you ask me.

1,000 shares at $3.03= $3,030
Fee to buy= 80.75
Approx fee to sell= 80.75

Total= $3,191.50

Divide that by 1,000 shares and my break even cost is now $3.19150. I'm calling it $3.20 even.

And on Monday, I will have 2,000 shares when it splits. But naturally, the price of the stock will be halved.

Paul

u really think this amuc thing will do good? im gonna buy tommorrow if so...

CrockPot

three words:

speculative
due
diligence

of course he thinks it will perform, he's not shorting, so obviously he expects it to appreciate. question now is...do you really want to invest your own money without researching first, and are you willing to take any losses like a man instead of blaming dfreder if his "pick" is incorrect?

Paul

well i did some reading about the company, I just dont really know anything about planes. And of course I wont be blaming anyone... I understand the risks involved.

Paul

i just dont understand why he said buy before close of friday. Doesnt stocks usually go down after it splits?

Scrib

Yes, but your shares increase...

100 shares at $1.00 is the same as 200 shares at $.50

Scrib

$87.50 for commision

Jesus...

Paul

doesnt ameritrade have the $10 seomthing trade?

Scrib

Probably.







Good lord Dave. Talk about taking a bath with commisions. PM me if you want to save a few bucks. I'm assuming you're going through a broker?

2003type-s6

I have Ameritrade, and I am pleased with it. It's like 10 bucks to sell, or ten bucks to buy. 80 something dollars, yikes!! Anyway, I sold my sorry as SIRI Sirius satellite radio stock which hasn't done shit in the last 4 months but lose money, I got about 1300 shares of AMUC now. What the hell, I'll take a chance.

Paul

i paid 30something with smith barney... Its funny, i bought it at the most expensive time of the day. 3.15

dfreder371

Eric: I know it is high, but I have a great guy. He is a VP at Wells Fargo and a friend of the family. I've actually gotten calls from him at 3 a.m. in the morning when something was going really right or wrong.

For all you others, here is the story. I've been a little brief in Money and Investing because people do not respond to replies lately. Apathy.

Because aircraft fuselages are generally round the cargo containers that go in them are shaped roughly like a semi circle, but are actually straight, five sided affairs. They are stored broad side DOWN when on the upper deck of an all cargo craft, and UPSIDE down (broad side up) when in the cargo hold.

Now here is the grist of the mill: a (pick your choice: 737, MD-80, others) lands at Ohare and the containers are off loaded. They are usually broken down, and the packages sorted for transit by truck to destinations that can be up to 400 miles away.

The utilicraft takes the compartmentialized containers, each which has a sole destination, no where else, or at least very close, and is put direct into the utilicraft and FLOWN there. The utilicraft has a fuselage designed to efficiently acommidate the container. This saves valueable time and tons of money compared to the option of breaking down the container and putting a lot of square boxes into a lear jet, falcon 20, BA 125 or the like. And these things, and the pilots who get paid to fly the is REALLY expensive, and very inefficient. Remember, round fuselage, square box.

Even though the prototype is only being built as we speak and hasn't yet flown, that matters not one wit. Before one piece of metal is cut, or for that matter, even designed, the concept is verified with models in wind tunnels coupled to computers, and things like airspeed, lifting capability, range, fuel consumption are all known before hand. This, coupled with simulator technology verifies the design goals, and the utilicraft has met them all. Simulators are so good these days, when a young pilot gets, say, 737 qualified, he got that cert. all in the simulator. He doesn't burn one gallon of jet A until there are paying customers on board.

AMUC has an order for 36 aircraft at $342,000,000. They have a comittment for $2,850,000,000 for another 300 aircraft based on the initial order of 36. And an asian consortium made up of air china, ANA, air singapore, etc are thinking about putting together a group purchase of anothe 2,000 aircraft for asian service alone. Add in Africa, Australia, South America and Europe, where many airports are crude by our standards, well, that is where I see the potential. This is a STOL aircraft (short takeoff and landing) that can operate under full load conditions on runways of 3,500 feet.

To top this off, Boeing estimated air freight would grow in 2004 at an annual rate of 6.4 percent. Current records show that they underestimated the growth by a factor of 3.

This stock doubled in two days, from wed. open of $1.55 to the close of $3.10 thurs. afternoon. Target is $6 to 7.50 in 60 days, but no mention if that reflect on the split or not.

Here is a phone number for you. 866.305.9830. ask them to fax or e-mail you the FF-1080 info.

Sorry about posting after the market closed. I monitor A-CL during the day, but do not reply. That time belongs to my employer.

Either way, I am committed. And the last time I saw an opportunity like this, (way different though), I made 107%, 9,600$.

Website: www.utilicraft.com

dfreder371

AMUC closed today at $3.10 today. No gain, no loss. Pretty remarkable for a stock that doubled in two days. Not bad when the dow was down 72, nasdaq up 10.

Scrib

I'm glad he's a friend of yours Dave, but friends usually cut other a break. Seems insanely high for a trade.

dfreder371

Eric: I get cut lots of breaks by Marty. Ameritrade, etc ( if I am correct, require the money to be in their hands before you make a buy.) I have five days of flexibility. I think it is worth the cost.

More importantly, what do you think of the AMCU concept? My last little conquest, XYBR was a 7 year old company, pulling in about $12,000,000 a year, and I made $9,600. These guys have $342 million in the bank, and they are not even 90 days old.

Ground floor, if there ever was one, I think.

Scrib

Dave -

I've been with my guy for 8 years, and my father has been with him for over 30 years. Commisions are MUCH better, and I get many of the perks. But if you're happy, that's all that matters.

As for the stock...

I haven't done my homework on it, so I really can't comment. A lot of these new companies sound so good on paper, but it ultimately translates into how the company is run and how the street interprets the numbers. What looks good in concept may never amount to a hill of beans.

Granted you alredy know this, but my point is that it sounds good, but that's about it. I'll have to look into it a bit more once I find some free time. So many in the year 2030 or so. :P

Paul

how come you keep saying the company is not even 90 days old, it saids the company was created back in 1990 on their website

dfreder371

Paul: They didn't list on the exchanges until lately. That is what I meant. Sorry.

And Eric: comission of $160 for the initial 1,000 shares=$0.16 per share. If I had any doubt that this wasn't going to go up at least $0.16 per share, I wouldn't even be posting. I'm looking for the stock to double to $6 or Triple to $9 in the next 60 to 90 days. (sounds like the new house has you busy...)

My intention for those of you to "Buy before friday" was only said such that you could experience a stock split. With 1,000 shares owned at $3.10 each BEFORE friday, on Monday, I will have 2000 shares now valued at $1.55. It's actually the same thing, so if you are interested, if you buy on Monday, you will incur no penalty. However, most comissions are based not on the amount of money spent, it is on the number of shares. It works differently at different brokerage houses.

The paragraph mentioned above fits a car anology. Buy a Chrysler. Way over priced, but they will deal and offer you rebates. Buy an Acura. They will deal with you, but no rebates.

NOBODY should panic and say, "OMG, I have to buy this thing tomorrow. In fact you probably shouldn't. But my money is out there and on the line, so learn from me.

Tomorrow, AMCU should open, theoretically at $1.55. If by Wednesday, it is at $1.75 (up 13%) or friday at $2 (up 29%), i'd say yeah. Get cracking.

Remember, at one point in time, stocks like intel, microsoft, etc, entered the market at $0.0625.

Here we are at $3.10, not even 60 days old.

Paul

actually, i know someone that works in the stock market, and she said that the stock doesnt actually split until sometime july. Its just that between today and that date in july, ur shares wont be doubled/split whatever the term is when the stock is split...

NSXNEXT

iTrader: (2)

"The Corporation will provide the shareholders a waiting period before implementing the forward split starting June 18, 2004 and ending Monday, June 28, 2004."

So, does this mean close of business on Monday 6/28 or beginning of the day?

Scrib

I would read that as until the COB on Monday.

NSXNEXT

iTrader: (2)

Yup, looks like it's still at 3.10....no wait 3.13... Woohoo I made $0.03 profit.

Paul

3.13... im still loosing 2cents....

dfreder371

I'm showing a close at $3.05. You can't go by when the bell rings. You gotta wait about a half an hour until it finalizes.

AMUC opened at #3.10 today, up to $3.25 in about 30 minutes. Then I had to travel about 115 miles round trip. Got back, down to $2.70 before the close, but the market was falling too, lots of news today concerning Iraq.

The final $3.05 left me pretty happy. Stock has basically doubled in three business days, then gave up $0.05.

I'm not interested here in the airplane guys. Airplanes are pretty well defined things. That is why they all look the same. It is the distribution system that has me entranced. Hope you know what I mean.

NSXNEXT

iTrader: (2)

Wow, what happened today? The stock's down $1.00.

dfreder371

NSX: Don't know the reason yet, but I'm not worried. One week ago tomorrow it was $1.55, so it is still up about 33% in a week.

This is the chance you take when you deal with stocks under $5.

When I had Xybernaut, XYBR, my first shares were bought at $22.18, and in three years, I saw it go to a low of $0.19. By crafty leveraging, I invested $7,688 total in Xybr, and in the end got a check totaling $16, 960. So, I'm not panicked.

This is the stock market, folks, not a savings account. Do your best research, then invest in what you believe in.

And I NEVER put any money into the market unless I can afford to lose it. In fact, my investment state of mind when I make the buy is I tell myself "Well, that money is gone." That way I never miss it if it does tank.

My experience says you can't make a reasonable amount of money in stocks unless you own a bunch of shares, and my minimum is 1,000. In XYBR, I owned 10,250 shares, and I knew people who owned several MILLION shares. If they played their cards right, they did very well.

I can tell you where to go if you want a stock to appreciate with a 90% certainty, but you better be able to invest a whole hell of a lot of money and wait several years. ITW. But 1,000 shares of ITW would go for something like $95,000. I doubt many of you have that kind of cash to throw around.

I work for ITW, and have acquired about 1,000 shares over almost 15 years, and it is a good bet. In fact, I traded my ITW into cash when it hit $83, because I figured it was never going any higher.
But ITW is a special case. We are like the mutual fund of the stock market. We are so diverse. We make nails and screws, welding equipment, six pack rings and packaging, and the Boeing 777 cockpit switches, every one. We are almost recession/depression proof because we are so diverse.

But back to AMUC, and like I said, this is the stock market. Not a place for the feint of heart. Like I said, as compared to six days ago, we are up 33%, so I am not phased. This is a waiting game.

Monday, I was $100 away from breaking into the black on $3,111 invested. Today, I am about $1,150 away. So what? I can wait this out, and I believe they have a good business model. Don't panic.

I still remember when this forum was created, someone said they were trying to find a good stock to make money on, to hold "long term", a couple of WEEKS! Boy, was that guy deluded.

I'm unhappy with what happened today to AMUC, but I am NOT deterred. Hanging in there.

Learn from others peoples mistakes. That is exactly what I do in flying.

KavexTrax

$1.75 was a good deal to get in for the day.

Paul

since its around 1.75, does it mean in july when the stock splits, each share will only be like 90 cent???

KavexTrax

If its 2:1, yes .875 per share and double your number of shares held.

dfreder371

I'm still optomistic about these guys. I am not in for a quick, one week kill like some people here. I am prepared to wait years if necessary. In fact, I want to hold it at least 365 days. Tax advantages. This is a voliatile one guys and gals. You don't need to buy in, but stick around, watch and learn while other people risk their own money.

2003type-s6

So did you have to buy it before the 28th to get the split, or can you still get it now and have it split?? From what I read you had to get it before the 28th for you to get the split.

2003type-s6

dfreder370??

dfreder371

2003: Sorry, it's a holiday. No matter when you buy, as far as I know, you will get the split, 2 for one. As far as I know, the SEC would not allow duality in the pricing of a stock. I've never seen a case of it.

So far, my choice here isn't looking too good here, but I am not all that worried. Here's why:

#1. I never invest any money in the stock market unless I can afford to lose it and not lose any sleep over it.

#2. If I don't invest in the stock market, one thing is for damn sure. I'm never gonna make a penny!

#3. I really like the fact that Utilicraft doubled its price in two days or so. It shows potential. Then it fell back as people took their profits. Hell, I'd jump at 100% profit. It just goes to show that there were people smarter than me who found AMUC first. Here are some other examples of stocks that had early meteoric rises early on: INVN, XYBR, AOL, although AOL is a poor example of long term growth.

#4: Leveraging: This was considered before I spent any money on AMUC. It is, after all, a strategy, and one you should learn. I leveraged XYBR from a potential $2,000 loss to almost a $10,000 gain. Leveraging has one jigantic drawback: it ties up you capital. And it is best if you do this with cash, but there is a way around that, which I will soon explain; buying on margin.

My position, just so you have a frame of reference. My CLS6 is 54 weeks old and paid for. 17,000 miles, so I don't need a new car for a while. My next mortgage payment is due in January, 2005, so I am not hurting there. And I am only there because I sucessfully leveraged XYBR, thank you very much.

So I bought AMUC at $3.03, 1,000 shares and promptly saw it fall to $1.85 in two days. What? Me worried? No, this is an opportunity. Using SIMPLE MATH (we're gonna avoid the broker fees for simplicity), here is how to leverage:

Once your stock is completely bought and paid for, you can "risk" 100 percent of its value to buy more stock. This is called buying "on margin". But there is a significant risk to this. If I do this, and AMUC tanks tomorrow afternoon, I am IMMEDIATELY culpable for a check for the loan the broker floated me, but here is the other side:

1,000 shares x $3.03= $3,030 expended (remember, we are ignoring fees) And that is soon to become 2,000 shares in July. Twice the shares, half the value, same amount of money expended.

Presently, holding 1,000 shares, current value $1.85 per share. That means there is $1,850 available.

So, tomorrow, I can call the broker and tell him to buy another 1,000 shares on my call, but I have to pay them, ASAP.

So now I would be holding 2,000 shares AMUC at an average coat of $2.44 per share. $3,030+$1,850/2000 is the math.

Now, consider this: in July, the 2:1 split takes place, so now I have 3,000 shares. Average cost is now $1.63. So I would be already ahead of the game if I sold by now, but not by much. I did the same thing with XYBR. I offset the cost of 50 shares of a stock that was really hot at $22 per share by buying an additional 9,000 some shares at an approximate cost of $0.40.

That is leveraging, folks.

I think by Christmas, 2004, I will have about 10-15,000 shares of AMUC.

Make your own decisions, do your own research, and don't blame me if something derails. I think this thing will work, and work quite well, but you never know. George W Bush could blow up the earth tomorrow if he feels like it.

Silver™

jeez, $1.30 today...

Wonder when the decline will stop?

And I know Dave, you are in it for the long haul

Scrib

Paul

didnt it say something about it wont split unless the spliting price is at least 1.25 or something?? at this point the spliting price will be like 60 cent so it wont split???

1SICKLEX

I like girls that can do splits.

dfreder371

One thing I like about Utilicraft is that it is volatile. It got down to $1.35 at one point in time, and the next day it was $1.75. That is what, about 30% or so in one day? It has receded since then, and I haven't checked the price yet today.

Still, I think the business model is sound. I'll try to make this generic, but I have to use Chicago as the model. Rockford is the next really major town to the west of O'hare, about 70 statute miles away. Nearby medium manufacturing towns nearby would include Belvidere, Quad cities, Ottowa, La salle/Peru. Now a utilicraft can carry 10,000 pounds of air freight right into Rockford, and "hub and spoke this stuff out to the towns. That makes more sense to me than throwing maybe 2,000 pounds each into five ups trucks straight out of O'hare and sending them to those towns up to 70-150 miles away. Five trucks, five UPS drivers, and the fuel consumed. A utilicraft FF-1080 can cary all 10,000 pounds, you only pay two pilots (who don't get paid shit, trust me, I am a flight instructor) and the flight from O'hare to rockford would be a fuel burn of about 50 gallons, tops.

And, that aircraft would return to O'hare full of freight also. Makes sense to me.

I said it once, I will say it again. Intel and Microsoft both entered the stock market at $0.0625 cents a share.

After I get my split, which I understand will be circa July 19, I will probably increase to a minimum of 5,000 shares to a maximum of 15,000 shares.

DISCLAIMER: Make your own decisions and do your own research. I for one am not afraid to take a risk. You been told!