uWink Inc. (UWKI)

[the big guy]

what is the "bottom" for uWink? That is an often misused word. In the case of a company that is "losing money", it can be almost nothing, then they do a R/S and lo and behold the stock immediately finds a new bottom.. lol. Check out LTK Lyrtech (Canadian Venture Exchange). .01 ==> .15 (1/15 R/S) ==> .05. Debt is a killer thrown in the mix... really kills it.

In the case of uWink I think the "bottom" has yet to happen, but we are close. They are expending their cash reserves, and unless something changes some things will have to happen (cost-cutting) which usually depress the stock price, along with the shareholders. That would be the bottom. Or else something nice happens, which is a different story. I would look to mid-Nov financials as the bottom.

Beyond that, it gets interesting. There are some positive things about uWink. First of all, they have no debt. Secondly, they have revenue-producing diversified income streams.. I would say if they get down to .10 - .20.. something positive must happen. If someone tries to take them over, the bidding war would be a boon to shareholders.. so that is the bottom, A buying op.

I would not call it pumping, but that is the best I can do.