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MANTA...the wikipedia of business info. What a joke.
-Dave-
It certainly appears that way. Need that follow through day tomorrow.
-Dave-
Scott, please take down that picture of you and me from our vacation. I forgot to put on a clean shirt that day and I'm rather embarrassed by it. Maybe I can buy a new one with some of these WDRP profits.
-Dave-
It means nothing in the context of which is was printed. It was a form t trade which is basically a 'oops, I forgot to print this order during the trading day'..you have alot to learn.
-Dave-
Yes. One of two things occurred....they either didn't have a real seller that had 1m shares at .0129 or, they didn't want to take the chance of filling it as a naked short which is what the fill would have been if they didn't have the shares on their books. Either way it isn't really a bad thing.
-Dave-
It showed up below the closing bid and ask. That trade could have taken place at any point during the day. They had to print it before they closed their books for the day. It means nothing so stop trying to make something out of it.
-Dave-
You're in the wrong field...You should probably be working for Morgan Stanley or Goldman. I'm sure they would pay big bucks for someone to tell them what the market is going to do a day ahead of time. Have a good night.
-Dave-
A party it is. You know Scott and I can't be in the same room together for too long without something happening.
-Dave-
HERE! HERE!
Hello west, my fellow cave dweller. Long time no talk. It's good to have you.
-Dave-
Now you are a classy individual. The mark of someone who had a proper upbringing. MM for you.
-Dave-
Honestly, I'm here to share information with other investors of WDRP. However, folks like you make that difficult to accomplish. And you really feel that you can say you've never insulted anyone with a straight face? Ok...it's your story, you can tell it however you want.
-Dave-
Yeah, but the difference between you and me is that after I sell I'll be gone. Whether I made a profit or not and regardless of the circumstances be they good or bad. I like to call it having class.
To throw peanuts at investors for no other reason than entertainment and the inner need to show everyone how 'right' you were is a concept that is difficult for me to understand. Where I come from anyone who does that is a penis IMO. Have fun, enjoy yourself and do what feels good.
-Dave-
And what kind of person do you believe that makes you? Maybe my earlier assessment of you was right on the money.
-Dave-
Well, misery loves company you know. Some folks are just wired like that.
-Dave-
Plummer, stand aside, the pros are now here and they will be on that little pharma company you are so fond of if it keeps doing well. You may think you have a crew of supporters that have shown up in your corner. The reality is they will be cheerleaders in a few days. I know it's hard for you to trust me but, trust me.
-Dave-
Who knows. You might be right? Then again it may go to .04. I guess we won't know tomorrow. Any predictions on how long it will stay there? Welcome to IHUB by the way.
-Dave-
I guess everyone is useful for something. :)
-Dave-
Beer, what is it EXACTLY you would like to know? Maybe I can help. Remember though, beauty is in the eye of the beholder. It may not amount to anything to you or some others.
Remember that a person who is investing in these things usually follows the DD path that makes HIM/HER comfortable with investing their money. It is what is important to them. I.e. they did the DD for themselves in the areas that they believe are important. It may mean nothing to you but, it's important to them. I think that is the disconnect that you and a few others are having regarding WDRP.
-Dave-
I don't think WDRP in it's current form has filed any 10Q's as of yet. I really hope they do though. It would definitely help for the long term investors. And yes, my 50k has dwindled just a little bit :).
Today was an ugly close. No doubt about it, and any way you slice it. I would be lying if I said I wasn't a little worried. However, as I said last week I've taken most of my initial investment capital off of the table already so I've got a little bit of breathing room.
I'll evaluate tomorrow and make a decision at that point. I got a buttload of emails and some PM's from folks saying they were buying at the ask and getting filled on the bid and in some cases even below the bid. That intrigues me and I honestly don't know what to make of it at this point. It doesn't really matter though. One thing I have learned is that the "why" will always be revealed at some point. Unfortunately as traders we must deal with what "is".
-Dave-
Interesting isn't it? This the A-team tonight...You can always tell that by the brand new IHUB birthdays. The bench warmers have been playing for the last few weeks.
-Dave-
Ummmm.....Pinks aren't required to do an SEC filing when shares are returned or retired. That should show up in their 10Q if they file one...they're not required to do those either.
-Dave-
He won't say anything because he won't be around. Just like the day it was pushing .04. For those that actually trade stocks pay attention to the fact that this little dip down has occurred on less than 500k shares.
-Dave-
I guess. It's still good entertainment though.
-Dave-
You need to call Hillbroy. They'll talk to you.
-Dave-
Nice post and thanks.
-Dave-
Let me know and count me in. That sounds like a plan!
-Dave-
Have you tried to make contact with the company to see if maybe if you can distribute it? If I was in your position I would definitely use that position to get my hands on one of these things. Even if you decided against it you would at least know if it worked or not.
-Dave-
Good job. Bank that coin!
-Dave-
I'm assuming they had to have something to win this award....
http://www.tcaconnect.com/TIPTA.html
Also, isn't this a picture of it?
http://wanderport-ir.com/index.php?pg=products&PHPSESSID=24258d32c880133d9e0f346935f0b928
In any case, maybe I'm stupid in the way this stuff works but, I think it is logical to think that they have something tangible that can be held, touched, and looked at by the companies that have already signed on board with them. I mean, if I was running a company and some dude came in my office talking about magnetrons and microwaves I would chase him out of the office. UNLESS he had something that he could show me to prove the technology works.
That's all I've got. But, I've found that if it makes sense it probably is true. The above makes sense.
-Dave-
Write down the maximum amount of pain that you can withstand from WDRP on a piece of paper and stick to it. If it reaches that level get out. It will help you sleep much better at night. Last I checked, nobody here is funding your trading account or mine. Remember that you are not answerable to anyone on this board. Good luck to you.
-Dave-
Last I checked Apple doesn't have an IPad ready for production either. That doesn't mean it won't come to market though. I'm not in any way trying to compare WDRP to AAPL on an apple to apple basis. I'm just making a point in vague parallels. However, that is the point that WDRP is at in it's product launch. Just sayin....
Personally, I don't think we will see production or sales of these units for months. However, we do have a working prototype that other companies have seen work, seem to like, and want to sell.
The thing about pinksheet stocks is that not EVERY question can or even will be answered and therein lies the risk. With risk sometimes comes ruin. Occasionally risk brings great reward. Until proven otherwise, WDRP seems primed to provide a fairly large reward.
-Dave-
Actually, I think .025/.026 is WDRP's first level of support and yesterday's action was an overshoot. However, .022 is it's strongest level of support as that is where it's toughest level of resistance was on a closing basis prior to consistently trading above .02. That is also the level from which it made a run to .04. Therefore, it is important for WDRP to hold above .022 on DAILY closing basis. A close below .022 would worry me but, not to the point of throwing in the towel.
As of right now WDRP is working off overbought conditions in a very healthy manner. What folks need to remember is that stocks do not go up in a straight line. They will also often make very violent intra-day moves between support and resistance levels before moving into a new trading range. What is most important to me in any stock is the close. Over the years I have found that regardless of what type of intra-day move a stock makes, it almost always closes just above a support level, or just below a resistance level. Intraday pokes above or below certain levels don't interest me very much. FWIW.
-Dave-
The longer it stays here the stronger it will get and the further it will move when the time comes.
-Dave-
When your cost average is below .02 it doesn't dwindle. When you buy a dip and the stock moves up from that dip you get the same upward price movement for every share you have. Personally, I prefer averaging up rather than averaging down. I am still extremely confident in this stock.
Don't be offended but, I'm not going to tell you where to buy. That is a decision you will need to make yourself. What I will tell you is when you see sell orders hitting the bid wait till the selling subsides and start scaling in once you observe the buyers getting aggressive at certain price levels. Also pay attention to support levels and how close the stock is to those levels as well as how buyers act when the stock gets to those support levels. The first level of support for this stock is around .022. The second is around .019.
-Dave-
Evey now and then one comes along to allow you to do just that. No worries here.
-Dave-
Who said it's dwindled. Ever heard of buying dips? I personally don't care when they launch their product as long as the stock continues to act right.
-Dave-
The mark of a developed and mature trader. MM for you.
-Dave-
Do you own shares? If not, I'm just wondering how you have any idea about what I'm tired of and what I'm not as well as what I will be happy with or what I won't be happy with in regard to an American distributor. In other words, speak for yourself.
-Dave-
The message you were replying to was deleted but, I probably don't have to think too hard to figure out the target of your post. That's pretty sad. LOL!!
-Dave-