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Thursday, August 21, 2008 4:25:02 PM
...I knew we'd see a big sell off here sooner than later, and that uwink would end up under .50
This market has no stomach for otcbb speculation. Even profitable otcbb companies are taking it in the gut when they dont measure up to the loftiest expectations.
Uwink will struggle to make it past the next 6 mos without a major development, imo. I have my doubts about the success of their third restaurant as well as the continued success of their other two. We'll see if they can do it. This race is getting down to the wire. Given how undersubscribed their last financing was, I'd hate to see the terms of the loan sharks (cornell) theyd have to turn to if they need more.
An investor's mind: http://www.retro.ms11.net/InvestorMind.gif
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