AI
Friday, April 06, 2007 11:29:24 PM
WWAT: 3-year view
Well, little WWAT managed to break its all-time high last week. What happens next is anyone's guess, which means it will probably drop back a bit and go horizontal while investors take profits and ponder the future.
I've been following WWAT since .20 in September 2006. I am not aware of the fundamentals at the time of the previous all-time high of .69, so I can't speculate as to why the trend broke down so completely.
I do know that at this point in time, the company is much stronger financially, with more developed technology, a wider moat, many new paying projects and irons in the fire. I don't think we'll see a repeat of the selloff in September 05.
Well, little WWAT managed to break its all-time high last week. What happens next is anyone's guess, which means it will probably drop back a bit and go horizontal while investors take profits and ponder the future.
I've been following WWAT since .20 in September 2006. I am not aware of the fundamentals at the time of the previous all-time high of .69, so I can't speculate as to why the trend broke down so completely.
I do know that at this point in time, the company is much stronger financially, with more developed technology, a wider moat, many new paying projects and irons in the fire. I don't think we'll see a repeat of the selloff in September 05.
Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.
>^..^<
http://www.investorshub.com/boards/board.asp?board_id=3961
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