Tuesday, September 16, 2008 9:45:59 PM
Here's how we figure.
All wnbd trades today were AT OR BELOW $0.006 , except for a
tiny 70k of common wnbd 'shares' of paint , that leaked in
near the EOD , for a Total Value Of Less Than $500 .
But, that was just ~4% of the Total 1.6 Million wnbd
common 'shares' dumped today , for a Total Dilution of
~$10,000 [= ~$0.0006 x 1.6 Million new wnbd common 'shares'].
AND, the highest closing wnbd Bid dropped to just $0.005
So, we shorters expect the bulk of tomorrow's 'trades'
(or new 'share' dumps) to be ~big-block sells , at $0.005 ,
or lower.
There are only a few possible 'explanations' :
1] wnbd has to dump again (but still won't ever tell)
2] big + old common wnbd longs are dumping out , big-time
3] big + old common wnbd fans are done buying, at any price
4] wnbd fans are out-of-cash , but, not out of 'dd' repeats
5] wnbd needs more cash, ASAP, to cover life-long losses
Maybe, its ~20% of Each Of All Of The Above.
But, day-trader-shorters don't really care.
As long as it delivers short profits.
extra, Sincerely.
By the way : EOD Painting not only Loses Cash Immediately
for the longs who paint; But, it's Totally Counter-Productive.
Because, the very next day, their 'favorite pinky' is DOWN ,
ALL DAY LONG , WHICH SCARES NEW-GUYS AWAY , AT THE ONLY TIME
THEY MIGHT HAVE THOUGHT ABOUT BUYING ANY wnbd sinkers. And,
Who cares if wnbd is slightly painted up , overnight,
when NO ONE CAN BUY ANY ?
But, Thanks, anyway.
Tomorrow should be fun, again, as usual.
Averaging-down is profitable, for shorters, only.
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