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What happened to Jim CREAMER today? I want to hear more about all of the "zillions" of shares he allegedly "shorted" at 2.74 which he stated he did AFTER stock had already retreated.
Its funny-in post 972 he says he has 50000 shares short at average of 2.74 AFTER stock had already fallen.. Nowhere in previous posts did he say he was shorting stock and in fact seemed pretty optimistic in several of them.
Its like a tout sports service stating who they had AFTER games are over.
Good luck;lets hope both of them hit.
ps Actually your average price for wtaf if you bought today is somewhat better than mine;hopefully you are in the driver's seat.
I am waiting for someone(a basher)to post that the RSPG wells are already dry and//or are going to dry up in the next few months.
The truth of the matter for me is that any time I invest in a speculative stock(and yes by most definitions it is still speculative), I decide which one looks like it might have a good chance to succeed, how much I can afford to lose even if stock goes belly up and then invest accordingly.
There is no difference with this stock;I am optimistic, but if things go sour and stock tanks, my life style won't change one bit.
Obviously, each person has to approach a stock like this with his/her own comfort level;right now I am personally VERY comfortable overall with the sharp rise in this stock in the last month or two, and as said in sports many times, I take each day at a time.
And you know what, I have been burned many many times also in the past, and that is why if I see anything wrong here, I will be out in a heartbeat (especially since I already have a great profit);I just don't see it at this point;I also feel what they do (assuming it is legitmate) is and will continue to be great industry to invest in during the coming years.
I have to laugh when I see posts like this.
So are we to believe that out of the goodness of your heart, you are here to save us from the evils elements which lurk in the background of this company, and that that is the ONLY reason you are here?
I don't see everyone else bailing out. A few days of profit taking and then a nice recovery hardly qualifies as "bailing out."
If and when I see something suspect with the fundamentals, I will sell part or all of my holdings, but NOT when someone like you just draws some conclusions that the company and a stock is a total scam.
No offense-but what makes you the expert/know-it-all with this company?
I need more proof than that to conclude its a scam;with a triple already, I am sure as heck am not going to sell on your say so.
I myself am in the middle regarding the present price.
Some say the next move will be to 5 within a month.
I sure hope that that is true;however, I feel some of the great price accentuation was already built into the price at 2.85 and that now we are seeing normalprofit taking.
I am not schooled in technical analysis, but my experience has been that when too many people look/call for for price appreciation in a relatively short period of time, many times it does not happen.
I don't see any reason why stock should not go a lot higher than it is but again I would not venture a guess as to whether it will be in a month, 3 months, 6 months, a year, etc. and frankly I am not that concerned.
Everyone should just relax. Even with the pullback of the last few days, lets not forget stock was under $1.00 just very recently.
The most important thing is that the general trend has been up, and I don't think that has changed.
Impatience at this point is not prudent.
Does anyone else keep getting emails from this guy Bill?(info@swing-trades.com):
7/5/06
There is one hot stock to BUY right now: RSPG
(www.royalspringswater.com)
Current Price: $2.40
30 DayTarget Price: $5.00
60 DayTarget Price: $9.00
1 Year Target Price: $15.00
2 Year Target Price: $30.00
http://70.96.110.82/cgibin/update.cgi?id=101
label-111873
ps It sure would be nice if he was correct with those nice price projections!
Go for Broke-call one of those numbers listed on bottom of news release or check out their website, and hopefully your question will be answered;I don't know myself(probably should).
It is probably just a case of the "instant gratification" folks looking for a quick buck;they didn't get what they wanted, and thus its off to other stock.
First of all-I am NOT pumping this stock, although I am a shareholder.
Actually I think it is quite speculative( a lot more than rspg), but I thought I would pass it along as it like rspg deals with water:
ps If I have broken any rules of the board, please let me know.
In any case,This is and will be my ONLY posting regarding this stock as thread is intended for rspg.
Wednesday, July 05, 2006 06:04 ET
VANCOUVER, British Columbia, Jul 05, 2006 (BUSINESS WIRE) -- Wataire Industries Inc. (Pink Sheets:WTAF), a manufacturer of innovative drinking water treatment systems, announces the exclusive licensing of a breakthrough "air cycle water producing technology" developed and patented by Inventor Igor Reznik of Brooklyn, NY. It offers a new way of generating water from the atmosphere minimizing energy requirements. This water producing technology complements Wataire's patent pending technology designed to control bacteria in equipment that generates water from the atmosphere in tropical areas lacking other water supply options.
This unique turbine technology will allow Wataire to eliminate the use of refrigeration compressors and utilize a shaft driven, internal combustion engine, electric motor or even windmill systems to draw moisture from the atmosphere. Most importantly, the revolutionary turbine system will allow Wataire to produce smaller units, reduce manufacturing costs and eliminate the use of ozone depleting refrigerant gases.
By simplifying the design and improved components of its turbine technology, relatively unskilled people in developing countries can service the units. Areas without electrical power supplies can use windmills and solar power sources to generate water from the atmosphere. The result for Wataire customers-lower acquisition and operating costs as well as improved system performance.
Terry Nylander, General Manager of Canadian Operations, stated that, "Wataire believes that its current and future success will be based on continued pursuit of technological breakthroughs that constantly increase operational performance, and reduce our manufacturing costs. Our customers report that they are more than pleased with the performance of our current products and welcome future cost effective improvements. That is why we will continue to devote a significant amount of our resources to continue our goal to become a leading innovator of alternative ways to produce sustainable water supplies using the limitless bounty of the earth's atmosphere."
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE: Wataire Industries Inc.
Wataire Industries Inc.
Terry Nylander, 604-542-9140
tnylander@dccnet.com
or
Corporate office:
Max Weissengruber, 416-490-0254
Fax: 604-542-9150
or
Investor Relations:
Russ Lombardo, 604-542-5600
Toll-free: 866-927-5600
Fax: 604-542-9150
info@wataireindustries.com
or
www.wataireindustries.com
Copyright Business Wire 2006
Public
Only a complete moron would even entertain putting a market order to sell on this stock especially when the stock is going down.
I grabbed some more this morning and have another order in if it tests $2 again.
It has come back some, but I really didn't expect to see it fall to 1.70 within minutes.
Does anyone know why this stock has taken such a tumble of late?
The day is not over yet, but so far a very impressive comeback, which I think shows the overall strength of stock with many people looking to get on board.
Call call. I myself am surprised that it didn't correct sooner, say a little bit above $2,00.
I think like you that this is healthy, and that in the long run this correction will be just a blip.
Just as a test and because I pay very low commissions, when bid/ask was 2.46/2.55, I put in a sell of 500 shares at 2.55,(I own a lot more than that) and sold them within a minute;I think this shows the strength of the stock at this point and that many wish to get in with few sellers.
I then bought the 500 shares back at the same price.
You have to love it!
I hope you are right, but even if it goes down today and loses some of its massive gain in the last week, it wouldn't be unexpected and probabaly a good thing in the long run.
We am seeing blue skies and more importantly a lot of GREEN!!!
I am sure many of you will agree that is great for a change to have a company which really wants to deliver on its product, has some great contracts and a game plan unlike much of the rift-raft that you and I have been exposed to and unfortunately bought into and lost.
This stock is a pure garbage/pump and dump;I am sure glad I stayed away when the OTC Digest was recommending it at much higher prices.
I hope I am wrong but expect the "tree shaking" any time;it would actually be pretty healthy and give folks a chance to buy in at a lower level before it starts up again.
I originally said I would buy more at 1.40-1.45; I may raise that a little bit.
If it goes straight to $3.00 without any correction, well thats fine too.lol
If it goes up from here, great;if not I personally will add more if it should get down to 1.40-1.45 level.
I received one a while back and was one of the basis for buying the stock.
Someone with whom I spoke at Maxwell told me there would be a mass mailing this week;it appears it has started;I am sure I will receive one also, as I am on a zillion lists for stocks, most of which are garbage and/or pump and dump.
Obviously, this stock is an exception to what I said in last paragraph
The only reason I am not buying more right now is that I have just seen too many stocks this year have this seemingly nice gradual increase day after day only to have one day when as they say the mm's "shake the tree" pretty good.
Having bought a lot of shares at .62-.80, I am not complaining and won't be disappointed at all and actually quite happy if there is no big pullback.
Good luck to all.
It was actually about 6 months ago or so that I first started purchasing this stock.
The best move I ever made was buying this stock a few months ago at around $1.15 and then buying more and more as it dipped to below $1, then under $.90, $.80 and making final purchases at .62.
Its early yet but this looks like s homerun stock.
I am tempted to buy more on the one hand but don't want to get too greedy on the other.
Good luck to all!