buys stock in bulk! Stock up and save!
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WNRC to $.26
...that would give WNRC it's highest daily close EVER!
So, you get a stock that is right at blue sky levels and you then do an 8 million share buy back and reduce the issued/outstanding from 38 million down to 30 million.
You then increase the current assets from $22 Million to $42 Million...
What do you think happens when you add gasoline to a fire? :)
WNRC to $.26 - Blue Sky Breakout Coming
...will be a fun stock to make money on!
Fuel for the fire :)
GO WNRC!
$.26 highest close ever on WNRC?
Actually, they told us what WNRC should trade at!
$.58++++
Current price $.25!
2011 Estimated Year End Assets $42 MILLION!
$.30 is blue sky... We hit that...then get a share buy back...
Sit back and light a cigar, because that would be PERFECT TIMING!
LOL, VFIN trying to be sneaky with their buys...wonder how much more they have to buy :)
Stranger things have happened.
Hey, I agree... 95% of OTC stocks fail. But, with WNRC buying back 8 Million Shares and putting out $22 Million in Current Asset Value... Not only are we at a PE of 3... but we are trading at 1/3 of our Asset Value!!!
I.e. we can sell our assets and have $22 Million Cash! (or, 3x our current market value).
What does that tell you about the stock price?
True Blue Sky is $.30
...We get above that and we might see some forced buying from old shorts. JMO. I don't think there is too much truely short here...but the stock moving up has a way of getting some forced buying :)
Notice VFIN on the bid. Maybe a short cover? :)
Well that was interesting... :)
Said it before...will say it again... This is a long-term play. Almost everyone who has owned this for at least 4 months is up on the stock. Will continue to go up IMO.
Seriously...
Nothing in Asset Value to $22 Million in Asset Value in less than a year. End of 2011 Projected Asset Value $42 Million.
Not enough volume to daytrade. Just buy, hold, collect more. The chart keeps moving up in the long-term.
50 DMA keeps moving up. Hasn't gone down in the last year.
Idzi, you should check out my Tea Party board....
and my post...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63821878
Year in review....
Posted this on another board...but well worth the read. VERY SIMPLE HERE...
2010 Current Assets $50,000
2011 (NOW) Current Assets $22 Million
2011 (Projected End of Year) $42 Million
Stock Price
2010 $.01/share
2011 (NOW) $.20/share
2011 (current asset price $.58)
Share Structure
2010 38 Million Shares
2011 (NOW) 38 Million Shares
2011 (Projected) 30 Million - Company is buying back 8 Million Shares
WNRC Timeline...WOW!
2010 Current Assets $50,000
2011 (NOW) Current Assets $22 Million
2011 (Projected End of Year) $42 Million
Stock Price
2010 $.01/share
2011 (NOW) $.20/share
2011 (current asset price $.58)
Share Structure
2010 38 Million Shares
2011 (NOW) 38 Million Shares
2011 (Projected) 30 Million - Company is buying back 8 Million Shares
Guess that is why the chart is doing this upward movement thing :)
Reagan approach...Tighten money supply, Deregulation, Cut Taxes, Cut Spending.
Obama approach...Print more money, Regulation, Raise Taxes, Increase Spending.
I don't know about you guys but I think we did much better under Ronald Reagan's plan.
Gold also dropped to period lows with Reagan. A sign that there was less "fear".
Gold under Obama...raise to all time highs.
Now, who still wants Obama's Change?
God Bless Ronnie!
Current Estimated Asset Value $22 Million...
End of 2011 Estimated Asset Value $42 Million...
Enough said.
After the share buy back and audit of financials we should just straight to AMEX IMO. We have the assets, revenue, and income to do so. Going to AMEX (with a price provision) will really introduce WNRC to a ton of investors and get a lot of small cap analysts involved.
This chart is just perfect...
MOVE UP...then we fill in.
...MOVE UP...then we fill in.
......MOVE UP...then we fill in.
Seeing as how just just finished a "fill in" period. (Same length as the other fill in periods...and we are starting to get news to do one thing...MOVE UP!
Historical charts don't lie! It is what it is...and with a company estimate of $.58/share according to their new investor sheet. Looks like we will MOVE UP!