InvestorsHub Logo
Followers 9
Posts 828
Boards Moderated 0
Alias Born 04/28/2008

Re: djr63 post# 23279

Monday, 05/18/2009 5:38:33 PM

Monday, May 18, 2009 5:38:33 PM

Post# of 83049
Djr, sorry I mis-understood somewhat what you were asking. IMO, I don't think the latest price decreases were tied to CURRENT stock sales (last month or so) as those were restricted only. Some have posted that it was. However, prior stock sales of restricted shares now free trading certainly could be part of the price decrease (although the ave price a year ago was much higher than today). The 1 year wait for all WUCC shareholders is now over (of course not counting 144 rule for key people which is approx 70% of total shares). I believe the selling is from typical day trading and profit taking from the .01 - .015 levels. From a percentage daily/weekly standpoint, right now, this is a very compelling stock.... get in around .015 and get out at .02+ several times??!! Only one of these days its range could shift up, imo. Again, my only point was to state that CURRENT stock financing is restricted shares as I know it.

jtf
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.