SwingTrade Member Forum

[Marvelmeister2002]

WLSA is worth a look here, imho.

I apologize for not sharing WLSA with the Board earlier. It has already run A LOT, but I think it still has some serious legs. I posted this to a private board on Monday:

WLSA
Posted: 10-27-2003 09:29 AM
I have started accumulating WLSA (last close- $2.31):

Here is a pretty solid overview of the company: http://messages.yahoo.com/bbs?action=m&board=7080974&tid=brka&mid=188745&sid=7080974

I am far from an expert on this company. Yet I have started buying mostly because: (1) I am intrigued by Simmonds' track record; and (2) WLSA is completely under the radar and I anticipate that promotional efforts should be ramping up in the near-term. I think that increased exposure alone will take this stock to $3.00 in fairly short order regardless of whether or not WLSA becomes a major success story (though my feeling is that it will be). So I guess I'd characterize this one as a catalyst trade for now, with the potential to become more than that.

Anyone interested in the story here should consider calling Investor Relations for the company (John Hansen, at 866-801-0779.) I did that, and the conversation was worthwhile.

Hansen told me this: "They're making money. The Company is trading at a high PE, but you're paying for Simmonds. He knows how to do this. He's done it before. This is a 'bet-the-jockey' investment." He also made the point that Canada's wireless market has been thus far underserved- roughly 40% penetration versus 57% in the U.S.

My last two picks on this Board were NXTI and HLSH. NXTI has blown up. HLSH has done squat, but I think it will move big soon.
Meister