Looks like we have some new faces here.
I'm happy for the attention WDAS deserves but I hope these people realize that the current pps will probably continue to drop and make wild dips throughout the day.
A break under the 50MA is possible and would allow Fabio to buy back shares at a much cheaper price, keeping more profits in the bank!
40% up to 100M of the float will be bought up.
Float 138,526,018 a/o Mar 31, 2014
40% = 55,410,407 shares
55,410,407 @ current pps of 0.028, that's $1,551,491.40. This is 43.09% of our Q1 profits.
100,000,000 @ current pps of 0.028, that's $2,800,000.00. This is 77.78% of our Q1 profits.
Q1 profits $3.6M. I would like to keep as much of that as possible and even 43% of that is too much IMO.
I think the recent attention is good but I also think the pps should go lower before going higher. It is beneficial for the company for this to happen. Obviously we don't want to lose momentum but we also don't need to be spending large portions of the profit on a share buyback, but instead on acquisitions and growth!
A smaller float will allow us to move on air and rocket upwards, so lets pull the slingshot back and then fly into blue skies!
WDAS
Plan the Trade, Trade the Plan
