Al44, I agree with you about the 700% gain about 8 years ago but please qualify that point. Meaning, that was the hey day of the pre-internet bubble burst. You could literally throw a dart at any internet stock and it would be one that had double digit gains on a weekly basis. That time, era, was an anomaly and it is gone. WTVI, along with literally hundreds of other upstarts, tanked in 2000-2002 and many have disappeared completely.
There is nothing on the horizon that would remotely indicate a rise in stock price for WTVI. Please, with the trend of reverse spilts, name changes and the amount of outstanding shares vs income and future (real) deals (NOT), there is definately a pattern to the facts of DD and it points down.
I just hate to see people make the same mistake I did, wanting to believe in a company because of their idea, which is a good one I might add, only to get distracted by hype and blindsided by reality. For me it was getting caught up in the internet-hype craze. Currently for WTVI sharholders, its Al's incessant pumping of PR's. ---though he has always done that---and look at what it has gotten for the shareholder!
Yeah WIFI-TV is a good idea. But, so were the 300 plus car companies that started out in America in the early car era. Barely 3 exist today and WTVI is not one of them.
Most of all, don't forget the numbers. Please, someone explain how shareholders can ever profit (other than day trading) with these current numbers? Better yet, tell me one public company who has profited (icluding reverse splits and symbol changes) given a scenario like WTVI?
The FACTS ARE the REALITY!
