uWink Inc. (UWKI)

[the big guy]

what is your transaction cost? Each Buy/Sell combination costs two transaction fees. I was paying $26/trade until I got this package. Now I pay $7/trade. That should figure in your decision to acquire more shares.

What UWKI is doing now is likely a triangular ">" shape stabilization pattern. There was a step-type fall, likely because of the earnings report. We call that a "dump" or a "sh__" whatever you like. After such a movement, a stock will stabilize, usually in the form of a ">" in the chart. According to technical analysis books you read, that is due to Buyers buying low, combined with profit-taking. I would guess that it has peaked at .17 and may fall again, settling at .13-.14 or lower. A downward-pointing ">" is supposed to indicate a pending downward movement, an upward-pointing ">" an impending upward movement.

One problem with this stock is liquidity. It seems enticing to make money at these price levels, because after all the difference between 8 and .16 is 100%, but it can be difficult to get your orders filled. It is much better when it is electronically-traded. But, this is the OTC... what can you do.. so be careful.