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Really depends on how you've played the game. I'm not far from profits overall. Certain shares, I'm already there.
Shaping up to be a great jump on 2012 fro WNBD. The 2011 year end should be WNBD's strongest to date.
"that garnered a whopping .0002 cent share price increase" is a whopping 33.3% increase which is OK in anyone's book.
Even with being a WNBD investor, I know as military man you'll follow the ethical guidelines to purchase the correct/best product for a given task. Whether that is 1000+ or not, it's understandable your 1st priority is to the command you work for on what product you should choose.
Thanks for your service and those that serve with you. My son is now safely out of the Marines infantry after serving in Iraq and Afghanistan. I also served priviously in the Air Force though in a more peaceful time. I pray that you all will stay safe and best of luck in your endeavors.
I'm glad you used the word "imminent". I thought a R/S might come in our lifetime. LOL
Good post. Well balanced and thought out. It's a race and with the pps so low it's getting hard to tell how WNBD will fair in the short term. They've got the product to be successful. Now they just need the financial backing during this ramp up of sales to get out of the hole. I'm 50/50. It could go either way.
That's hardly anything at these pps levels
more like he can buy-back cheap
Fidelity: $7.95 trades
I want shares and I can even get them cheaper now. I use Fidelity and they don't have a chill. Just got to wait on funds.
Duane Reade is old news thus not much movement. The interesting part of the PR was that 213 stores will be selling 1000+ versus the 100 previously mentioned. The real movement in the stock will come when the revenues move significantly in the quarterly financials towards self-sustaining the company IMO.
It may not get the burst in stock activity since we knew about it but this is one more item building a solid revenue income foundation. The revenues are key to making this stock go up, not just some flash news that most traders want to see. When we see the quarters growing closer to self-sustaining and then finally going over the top where not further public funding is need, you're going to see this sore. I see a pattern of the revenues growing at an increasing rate with each new business opportunity opened up and that why I'm accumulating now. The financial statements will be the real sign whether I'm right or wrong.
Wow. Look out for the power hour. 20 minutes to go and 94 million shares to still change hands. Or not. LOL
I'm actually incouraged that only 65 million changed hands yesterday at this pps level given it was probably 504 dilution with that type of volume.
65,000,000 x $.0006 = $39,000
If all they need is $39,000 per month, their need for funds is getting less and less as compared to other months. September not included where they didn't need any funds. Also 65 million x 12 is a far cry from billions of shares per year as one poster claimed.
Seems that operations costs are being met more and more by the revenues coming in versus going to shareholders. Pretty soon revenues will cover all the bills and we will see the steady climb upward. I think WNBD is winning the race to be self-sustaining.
Do you have inside info? Please fill us in. Don't remember seeing that publicly released.
Bridge loan could already be done. Could also contribute to not needing to sell shares last month. Or possibly ever in the future. Wouldn't that throw a wrench in trading strategies expecting to keep getting low shares.
He didn't need to raise funding last month. What makes you think he needs you he needs to raise it this month. Lot of new sales revenues coming. Even if it's just a burst of high revenue income, it could be enough to carry operations over without needing to sell shares. Remember they stocked Walmart recently for 325 stores and Do It Best seems to be moving product quite well already since they have already reordered.
Only if Eric is selling. Last month he didn't and it wouldn't be wise to do it this month with the pps so low. Better to put it on your personal credit card at these pps levels.
Those alarm bells could set off volume buys. IMO most longs are going to hold to what they knowing the company is just getting into its stride and then its off to the races. Others are setting on the fence waiting for their buy point to get in. We'll see how many of those alarms we set off today. Those are the ones that are going to create the volume.
Fidelity works fine for me
If this was dilution, the volume would be a lot higher IMO. It's more likely someone trying to spook people. Doesn't take a lot of moneyy or shares to swing the pps the direction a person wants to. If I wanted to I'm sure I could reach into my other account and push tis up to at least .002. But why do that for the benefit of traders. These benefit the investors since they can accumulate shares for the long haul. Next year is soon enough for me and yes, I believe WNBD is going to be around and doing very well without doing a R/S.
So what you're saying is ignore all facts and go with your own opinion. CEO stated it in black and white.
Last month ther was no growing float per Eric's blog so I don't see how your logic works given recent events.
To extrapalate your reasoning a little further. If diltuion stops as it did in September, with the increased revenues we are seeing the pps should be rising not falling. "If" there is no dilution in future months the pps should rise in a steady climb proportionate the increased revenues.
If you think the recent volume is dilution due the 504, then WNBDs must not need very much money to operate. At this pps, if this was the company selling shares then the volume should be a lot higher. The argument that this is dilution currently just doesn't make sense.
Just sounds like Bogey has a great plan for accumulating shares for the long term. Every stock tends to have its pops and then drops. Why give back your gains.
I know I should have picked up some .0008s while I could. Chances are getting slimmer for that to happen.
Not at all. I'm still accumulating shares on the facts I know about the company. You may want to look into a few more. Better make your posts count. You're almost out for today.
Hmmm. No dilution this last month. If they were truly going down they would continue to go to the well until it went dry like the pinkies you're probably use to.
You don't seem very familiar with the company. You may want to do some more DD before making such off the wall statements.
Read some of the posts from the last day or two and you should get a pretty good update. Also check out the Blog. Eric has responded to the issue.
If WNBD has its bridge financing, might not see dilution again. That would upset the world of some traders since they count on that predictable dip to make money.
My thought is WNBD has a lot more revenue to count this qtr so it may take a while to announce any preliminary numbers. LOL :)
HUGE....
To me the fact that we didn't need to dilute this month is some of the biggest news we've had yet IMO. Says WNBD brought in enough to cover operating costs for that month without needing to find dollars to cover the difference. WNBD may need to sell some more shares again but this is telling me that it will likely be less and we getting close to shutting off the dilution spicket. HUGE....
Thought we had less shares being leaked this month. That's huge that we are starting not to need to dilute every month. I've been here over 5 years and I think this is the first time we haven't need to raise public funds (dilute).
wizkid1 Share Friday, September 30, 2011 1:06:00 PM
Re: Dennisb68 post# 174634 Tweet Post # of 174787
Seems we may have missed a dilution cycle to me. Normally there is at least a couple of times a month the stock gets hit with major volume. I see it at the beginning of the month this time. With the pps so low it would be hard to miss a dilution cycle because of the higher volume to aquire funds.
Could it be that the revenues are starting to increase enough where it's starting to take a bite out of the need for so much dilution? Lots of new stores coming on-line which means new revenue streams as well as reordering from stores such as Do It Best.
From my scorecard on the dilution it seems to be happening about bi-monthly like clockwork except for this month. As far a last years revenues. Yeah, not much progress. But I'm investing on this years revenues which are increasing over last years, not last year's. This year's revenues are what are going to reduce the dilution numbers, not last year's numbers.
If you have factual concrete info on when the dilution is happening I'm all ears.
Sorry to here your situation. Hopefully it will be resolved by next week. I've got Fidelity and they handle their on clearing. I'll be on the look for a good price next and try to pick up some of your slack if you can't trade.
Air seems a little thicker at .0007 (4.5mil)
Seems we may have missed a dilution cycle to me. Normally there is at least a couple of times a month the stock gets hit with major volume. I see it at the beginning of the month this time. With the pps so low it would be hard to miss a dilution cycle because of the higher volume to aquire funds.
Could it be that the revenues are starting to increase enough where it's starting to take a bite out of the need for so much dilution? Lots of new stores coming on-line which means new revenue streams as well as reordering from stores such as Do It Best.
Seems kind of unfair to be able to trade only one way on any stock.