Saturday, August 12, 2006 2:48:06 AM
If my numbers are correct, we are still consolidating at approx. 200% above June-July lows. Not what I would like, but not too bad, nonetheless.
The reason for this higher level of consolidation can best be explain by pointing out 3 simple facts:
1). The lows of June-July were GREATLY oversold, representing an incredibly excellent buying opp which cannot be expected to occur again.
2). Managment has made considerable contact with investors to bestow confidence, and
3). More investors than ever before, are now aware of WWEN, hence broadening the appeal and adding to the base to which forms a higher consolidation point, after a record volume run (key words: record volume run).
In light of just these three points, it would be well advised midass, to rescind from your continual dismal forecasts, lest ye lose existing fellow investor respect, and the 2 boardmarks ye have thus far somehow earned.
I realize this would be most difficult for a smarterthanthou such as you, but I assure you, your chart and psychological skills will begin to fall on deaf ears. Panic sellers are gone now, so in large part, you will be 'preaching to a wall'.
What shares your 'sky is falling' posts manage to shake lose, trust that there will be MANY others who will be competeing for them also.
It appears pretty obvious at this point that .10 and under shares represents very attractive buying opps with the low floater this soon enough to be OTC stock is.
My advice: Live with it.
PS. Wise investors would do well to cut W2 a little slack in regards to OTC status. All companies under such developments are at the 'mercy' of auditors and circumstances beyond their control. Again, CTUM is my perfect example. In CTUM's case, I (along with many others), were patient for the Dupont contract to come thru. We were, and have been, well rewarded for our patience. We (CTUM) shareholders continue to hold strong, as the future is, as with W2, only just beginning.
GLTA Longs and Go WWEN!
L~
"took me 3 long years to make a million bucks over night"
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