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Re: crashman post# 46586

Thursday, 10/16/2008 12:29:44 PM

Thursday, October 16, 2008 12:29:44 PM

Post# of 241130
'OBV shows dilution in full swing IMO' ,,,

and we agree. We suspect that is why the CEO hinted
that something big might be announced on 11 Nov.

We expect wnbd dilution to keep ramping up until then.

And zoom , starting about Thursday, 6 Nov , as the longs
start buying into the expected announcement , which is
supposed to be due on the following Tuesday. They want to
be fully packed , right before it's too late to catch
the overnight flight to the moon.

But, if the expected announcement is 'delayed' , even 1 day ,
it should get very interesting around here. Just like last
April , and last August ; when the exact same 'announcement'
was expected.

It's even better than 'buy on the rumor + sell on the news' ,
if the news turns out to not at all confirm the rumor ,
which has usually been the case , in the wnbd past.

In any case , we're surprised that no longs are asking the
wnbd CEO to update the common float count ; during this
critical time , leading up to the big announcement ; or ,
even bother to discuss that possible problem. It seems most
important to us. But, from our financial viewpoint, we
would be way more concerned if the CEO was secretly reducing
the float , which would make sense , if he expected any
good news , even if wnbd was low on cash.

Anyway, we'll be ready to re-play wnbd , right after the
expected early/mid-November peak flattens , and drops 20%.

extra, Sincerely

Averaging-down is profitable, for shorters, only.