Vita Mobile Systems Inc (VMSI)

[Optimistic Trader]

VMSI...I'm going to (soon) sell my "re-entered" position from last week...it is not a big position at all. The bid ordeals never panned out. There is a TON more going on currently with other companies and I'm going to take this dough and put it somewhere else. VMSI just doesn't have it going on right now. My take on WDLF...about a year ago it was fun to trade when it was around a penny or more and it would dip to around .060 and then back up to and over a penny - and do this many times over. Now, without actual news...play the major dips and get out when it rips if there isn't news. The reason I can see why WDLF is more popular is because even with the high OS is because there are enough people believing the CEO that certain events are going to happen. I'll believe it when I see it! I don't know the guy, don't really follow the guy, and don't know the history of the guy - but to put an "internal value" of over a billion dollars on the company - I have a hard time coming to grips with that. I go by the external value...the true market value.