Tuesday, November 25, 2008 10:20:12 PM
uWink is burning cash, and fast. Opinions vary about how bad that is... obviously a big deal will save them. I tend to think they will not be able to get debt financing, but really I don't know. I think they would be forced to make changes fairly soon that will depress the stock price further.
My personal opinion is that the best thing to do is to wait until they make some changes, because I don't think they have enough sales activity on the go. Just IMHO.
then, it is fair game... the "risk/ reward ratio is ideal"... at .05?
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