Winning Brands Corporation (WNBD)

[Dennisb68]

The best indication if investors think there is news coming and the stock is going higher or lower is watching L2 and the B&A. Since there isn't enough volume for the L2 to be of any value the only thing left is the B&A.
If there are a lot of shares on the bid and only a few on the sell side that would be bullish. But if you see very few shares on the bid and a lot on the ask that is very bearish and that is what we have had for a very long time with WNBD. There are absolutely NO shares on the bid side and 70 Million on the ask. Meaning that most investors are not expecting the stock to go higher and would in fact like to sell the shares they have if they could find a buyer.
A few have said to expect news in Dec. but there are 10 trading days left. But some also expected news in Nov., Oct, Sept, Aug,July, etc. etc too and it never came.
I wouldn't be surprised if in the next week or so we will hear that we can expect news in Jan. rather than Dec.
Hopefully, if we get news it will be REAL news and not the crap Eric has been throwing out for the last year about talks with this company or that company with the sole objective only to generate enough interest to dilute shares.
When you see shares on the bid more in line with shares on the ask it might be time to take interest. But when we see NO shares on the bid it means nobody is looking for anything worthwhile to happen in the very near future.