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Alias Born | 03/04/2006 |
Tuesday, April 29, 2008 10:42:45 AM
This has been in constant decline since August of last year @ .02+. Look at Cornell involvement and you'll have most of the answer for the faceplant to current PPS.
WNYN mgt: Please read the above. Got it?
If you do some DD on WNYN you will find that it has something many pinks don't - a business model that works. How else would they report GP and net income? Now, if hard times &/or expansion forced them to turn to Cornell, that's too bad. I've seen lots of Corn(hell) financing and it's almost always a disaster. If this is ever going to turn, they are going to have to stop chumming shares. If they do, and WNYN has some reasonable news, this could reverse quickly. If not, take the current chart and extend the line downward.
Not being pessimistic. Just real. I say, let WNYN up for some air and give us a reason to stay here.
DD
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