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Smartbiz ~ Until they get funding, it will

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BBBabe Member Level  Monday, 08/25/03 03:52:57 PM
Re: smartbiz85 post# 126
Post # of 166 
Smartbiz ~ Until they get funding, it will be hard for the price to rise, because they have to use shares, as I mentioned before to you, to make up for low or no salaries. It seems as if they are doing ok on the contract front...getting to be better known, etc., and the orders we have seen. It takes a lot of time with these penny stocks, and a lot of patience! I suggested you sell half the first time you asked my opinion. I think you have too much in one stock. But then, the moment you do, if you have my luck...some big contract news might come out and you would be very upset. I know I would...
They seem to be very hopeful...and that's about all I can conclude at this time.
It all boils down to money...and someone, surely, will have enough courage and brains to back them in this regard. Plenty of stocks with a lot less potential than WLDI have obtained funding...
you just have to have an in with the W.Street crowd, etc...or someone in your or another state who has a lot of $$$ to lend.
I can't possibly tell you what you should do.
The moment I follow someone's suggestion about a stock...I regret it. Think about it, pray about it, and I think you will find the answer you are looking for. If you meant that you have 6 thousand dollars in the stock...that is a lot. if you meant 6K shares, that is very modest...and not excessive at all. I have a ton of it...but my feelings are not to sell mine, but to relax and wait.
Yours may differ...go by your own instincts. They say that investors who do, do best in the market..and that was from a scientific study of many investors in the late eighties....if I recall.
This is just a tough time...the lenders only lend, as a rule to the haves, not the have not businesses....capitalism seems to be more for the rich, not the struggling business or masses...
these days. It did not use to be this way...
but unfortunately, greed is king now!
Let us know what you decide...but do it on your own....and the company can only tell you that they are hopeful and that as soon as there is some news about funding or contracts, it will be published.
The sec has made it more difficult for them to
go further with investors one on one...there are the lawsuit happy idiots out there, just lookin' for them to make a misstep...any stock, not just WLDI.
sorry I cannot be of more help.
Good luck.
Babe


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