Wednesday, November 26, 2014 8:23:40 AM
I have traded several triple zero stocks and made money on a couple of them. WNTR has about the same qualities as those stocks fundamentally. Too many shares out often billions and trading near .0002 or .0001 with little to no cash. Little to no liquid assets.
Whether a company dumps in 3 months and does a r/s split or dumps over the course of the year they are still the same. With this many shares out imo this stock is severely over valued in share price.
Headed for that r/s. imo What they do have is not audited and maybe over valued there also. imo
But it is true I have seen at least 1 stock with many more shares out and trading higher than WNTR. Go figure as they say.
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