panzer, your post speaks to your paranoia and misdirected thinking.
Even if I wanted to see uWink fail, what gives you the idea that I would be able to do that? Do you think that the actions of this board are actually going to influence the market? Do you think uWInk reads this board and gets direction from it? The way markets are supposed to function, that is not possible. Secondly, I am not here to see uWink fail. uWInk is a business that anyone can study because it is nontechnical and basic. We all eat in restaurants. I do not like to see people lose money, I am simply offering opinion/analysis. My statement in my message is building on the financial statements released, not simply quoting from them. Hence adding value. So drop your paranoia. I would ask the CFO and Nolan to their faces if I could. In fact, I did send one of the two an email a few months back asking exactly this.
And I am dimwitted? When I first posted here I relayed a simple methodology I use to pick stocks. Step 1, rank them in a given sector/ market by earnings growth. Step 2, look at the chart. If downward or otherwise not stable, drop it. Then look at Product/ Placement.. other. Then focus in on financials. Usualy I won't buy them until the eps is positive or near zero. When I peruse an Income Statement, I go right to that line. In a good market, of the 20 that resulted from step 1, only 3 or 4 remain past step 2. Furthermore, I found that in almost all cases, a stock with negative eps almost always had a downward chart. For that I CAN give empirical evidence. Check for yourself. And it gets worse with the quality of the market. The NASDAQ and Canadian Venture Exchange are good markets for looking for high tech stocks. The OTC, by comparison, is a wasteland.
The reason? Market imperfection and misleading information. You would think that market price would reflect all known information, even negative eps. I found that not to be true, hence a downward drift or slide. And how many times have I read a financial report and let my emotions get the better of me, and then gone and ignored my criteria as stated in the above para.? For several years invested far too early. I had to learn patience. I learned to stick with the above criteria. btw i have not looked for a stock since December of last year, when I found one that satisfied my criteria. The market is that bad. i have been on the sidelines.
Coupled with that is the effect of financial risk. A company that has a debt problem with negative eps is almost always headed down. uWInk may not have a debt problem, but it has one heck of a cash flow problem. Hence a plummeting chart (uWink Air).
my portfolio is littered with a few "losers". These are stocks I stuck with despite the downward slide. There was no reason why I stuck with them, and i will never do that again. If I am wrong, I take my losses like a man and move on. It is a valuable lesson. I can happily now say that uWink is not on that list. I think uWink may even be worth buying, but I will still wait until more events unfold here.. the story is yet to be told. Their issues are no squarely in their faces for them to deal with. We will see how it pans out....
As for you.. you seem to not accept any of the above. You prefer to buy and hope everything turns out well...
who is the dimwit?
