InvestorsHub Logo
Followers 7
Posts 566
Boards Moderated 1
Alias Born 08/27/2007

Re: the big guy post# 16023

Sunday, 01/27/2008 5:10:41 PM

Sunday, January 27, 2008 5:10:41 PM

Post# of 19383
I'm not suprised that it wasn't the bottom per se...Dilution via PP in my experience is usually greeted by the market with a drop in share price to just below what was offered the institutional investors.

But what usually happens is that the company posts up some great revenues and news shortly thereafter to push the PPS back up. But this company promised all this rapid growth to both us and the Merriman guys and hasn't grown a lick. If they have any hope of ever being on a big board they will need to do a lot better job expanding than this. There are other startup restaurant companies growing much more easily and rapidly than uWink. We'll be lucky to get one or two new restaurants open this year from the looks of it, lol.

Uwink needs to get on the ball before its PPS is just a few cents again. The stock is in freefall. With no significant revenues, there is NO bottom to this stock. I think it would be foolish to make any UWKI purchases until they start delivering. I'm just a regular investor, if Nolan wants people like me to finance his dreams, there are BANKS and VC firms for that. Stop trying to sell stock to the public to do the job of banks.